Facebook prepares to reveal extent of the Cambridge Analytica damage in first quarter results, with Amazon and Alphabet (Google) also up for scrutiny April 22, 2018 Facebook is preparing to reveal the damage caused by recent data scandals on Wednesday, in a week which will also see Amazon and Google’s parent Alphabet lift the lid on their latest figures. Just weeks after the news broke that Cambridge Analytica had potentially used data mined from Facebook without users’ knowledge to influence elections, [...]
KPMG could face questions from auditor watchdog after Conviviality’s downfall April 22, 2018 The auditor of wine retailer and supplier Conviviality could face questions over its role in the company’s collapse. The Financial Reporting Council (FRC) confirmed to City A.M. that it was “looking closely at the reported accounting issues at Conviviality”. “If the relevant threshold tests are met in relation to accountants at the company and/or its [...]
Facebook, Google and Twitter warned of new government legislation on child protection April 22, 2018 Health secretary Jeremy Hunt has written to social media giants including Facebook and Google telling them to explain what they will do to improve the protection of children. The firms have until next week, the end of April, to tell ministers how they will cut underage use and clamp down on bullying and overuse. Hunt [...]
Sky sells remaining stake in SkyBet to Canadian owner of Pokerstars for £3.6bn April 21, 2018 Sky has sold its remaining 20 per cent stake in betting and gaming arm SkyBet to the Canadian owners of Pokerstars Stars Group for $4.7bn (£3.6bn) in a deal that will create the world’s largest publicly listed online gaming company. Sky will receive £425m cash as well as shares worth around £145m in exchange for [...]
Apple to offer free replacement batteries after glitch in some MacBook Pros April 21, 2018 Apple is to offer replacement batteries for some MacBook Pros fitted with batteries that have swollen due to a component failure. The tech giant said on its website a “limited number” of 13-inch MacBook Pro laptops sold between October 2016 and October 2017 had been fitted with a faulty component that causes the battery to [...]
Philip Hammond says transition deal has ended fears of Brexit-inspired banker exodus April 21, 2018 Philip Hammond has said the UK and the EU’s agreement on a transition deal has ended fears of bankers flocking to the continent post-Brexit. Speaking at the International Monetary’s Fund’s (IMF) spring conference in Washington, the chancellor struck an optimistic note on the continuing attractiveness of the City of London’s financial sector even after Britain [...]
Theresa May says Windrush citizens caught up in Home Office scandal will be compensated ‘where appropriate’ April 21, 2018 Members of Windrush generation who have been unfairly treated by the Home Office will be compensated “where appropriate”, Theresa May has said. Speaking at a press conference to mark the closing of this week’s Commonwealth heads of government (CHOGM) summit, the prime minister said compensation would be offered to resolve the “anxieties and problems” of [...]
North Korea vows to halt missile tests and scrap nuclear site as country prepares for historic talks April 21, 2018 North Korea’s leader Kim Jong-un has said his country has halted all missile tests and will shut down its controversial nuclear site as of today. “From 21 April, North Korea will stop nuclear tests and launches of intercontinental ballistic missiles,” the country’s state news agency said. Kim said further tests, which have caused international alarm, [...]
Velaa Private Island review: On this real life Bond island, guests can pilot their own complimentary submarine April 20, 2018 Velaa Private Island is a resort for billionaires, by billionaires. Where else, in addition to the standard private pool and butler, does the hotel provide a personal submarine? Welcome to the real life James Bond island. In true 007 style, as if seeking an exotic rendezvous with Scaramanga, I arrive at sunset by seaplane. Velaa [...]
Relais de Chambord, Loire, France review April 20, 2018 The weekend: Two hours south of Paris is a lush, green stretch of France studded with over three hundred chateaux, home to kings, queens, and noble families of various factions. Think Westeros, but with better food. Machiavellian figures such as Louis XIV and Catherine de Medici hung out in some of the magnificent structures that [...]