Big U.S. company dodging a tax bill in Blighty? That's just not cricket.

Mark Zuckerberg's loss is the British Government's gain, as it looks to Joanna Shields to spearhead the U.K.s Tech City Initiative.

Is that a Like for Teacher?

But will the U.K. Government's investigation into the Chinese firm's relationship with telecoms firm BT stymie the move?

Existing firms such as Spotify and Pandora could be shaken up with the arrival of the new kid in the town of Music Streaming--although, strictly speaking, the BBC began life back in 1922.

Last month the new provider EE--that's Everything Everywhere--got the first 4G mobile license in Britain. Now its rivals are pushing for the government to push on with the 4G spectrum auction and let them in on the action.

News updates all day from Fast Company.