Apple dismisses more than 200 staff from self-driving car unit Project Titan January 24, 2019 Apple has cut more than 200 staff from its secretive self-driving car unit Project Titan, as the business undergoes some restructuring under new management. The dismissals, first reported by CNBC, come after Apple hired a former veteran of the firm Doug Field and Tesla's ex-vice president of engineering to lead the project alongside Bob Mansfield last [...]
British competition watchdog raises ‘serious concerns’ over Viagogo order January 24, 2019 Britain’s competition watchdog has said today it has “serious concerns” that Viagogo has not complied with a court order that forced the controversial ticket reseller to “overhaul” the way it does business. The Competition and Markets Authority (CMA) added that it “expects them to make any necessary changes without delay”, with Viagogo ordered to make immediate [...]
EU chief negotiator Michel Barnier rules out time-limited Irish backstop in radio interview January 24, 2019 Michel Barnier has ruled out putting a time limit on the so-called Irish backstop as part of Britain’s revised withdrawal deal from the EU. The bloc’s chief Brexit negotiator said a time-limited backstop would defeat its purpose as a guarantee against a hard border in Ireland. “We have to maintain the credibility of this reassurance,” [...]
Daily Mail maintains guidance as digital revenues help offset print decline January 24, 2019 The Daily Mail’s parent company today said it maintains its full-year guidance as revenue rises for its online and TV offerings offset a decline in print sales. Daily Mail and General Trust (DMGT) said reported revenue growth slipped two per cent in the three months to the end of December, impacted by disposals in its [...]
Flybe shares tank as airline pushes on with 1p-per-share Virgin-led bid January 24, 2019 Flybe’s shares sank as much as 47 per cent this morning as investors reacted to news that the struggling airline is pressing ahead with a takeover offer that will leave them an offer worth just 1p per share. A Virgin-led consortium today provided the budget airline with the first £10m chunk of a bridging loan [...]
Real estate merger to form biggest ever UK healthcare property investor January 24, 2019 Real estate group Primary Health Properties (PHP) has agreed a £1bn merger deal with MedicX in a move that is set to create the UK’s largest ever UK healthcare property investor. In an effort to scale up its role within the healthcare asset market, FTSE 250 primary care specialist PHP has signed an all-share merger with [...]
Here’s what happened to the UK professional jobs market in 2018 and what to watch out for in 2019 January 24, 2019 It is not unusual after the rest and relaxation of Christmas for people to consider their current career path and decide to search for new opportunities. But it’s also important for these prospective jobseekers – and hiring managers – to look back at the previous year, in order to learn about the current state of [...]
Uber teams up with meditation startup Calm to bring some peace to UK passengers January 24, 2019 Uber has launched a partnership with meditation startup Calm to offer in-app mindfulness exercises to passengers, in a bid to make us all slow down a little more. From today, Uber riders across the UK will be able to access a range of guided meditation and breathing exercises during a trip in one of its cars. [...]
The army needs you… to hire our troops January 24, 2019 On Tuesday, we published “Benefit not Burden”, our latest attempt to bring an evidence-based perspective to the sometimes fraught world of supporting the armed forces community. There are around 6.5m people in this community in the UK. And despite their crucial work, they can inadvertently be at a disadvantage. The mobile lifestyle and the demands [...]
TV analytics platform Admo raises €6m in series B fundraising for London expansion January 24, 2019 Advertising analytics firm Admo.tv has secured €6m (£5.2m) in funding to help boost its presence in London, the company said today. Admo, which helps brands measure the impact of TV adverts on online traffic, raised the series B funding from venture capital firms Runa Capital, Entrepreneur Venture and Cap Decisif. Read more: Social media influencers promise [...]