IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
Airbnb make global ‘house party’ ban permanent June 28, 2022 Airbnb confirmed this morning that its party ban for hosts and guests would be a permanent fixture for holiday goers. The firm said that disruptive parties and events will continue to be banned, including open-invite gatherings, as well as “chronic party houses”: scuppering fun for many party animals across the country. The property rental platform [...]
Inside the brilliantly creative Glastonbury Theatre & Circus fields June 28, 2022 It’s not all about Macca and Billie Eilish, don’t you know? Some of Glastonbury’s best areas involve no music at all. For instance, the Theatre & Circus fields are some of the festival’s oldest areas, where performers surprise punters with spontaneous shows as they pass by, and there are full-scale acrobatics pieces that you’d pay [...]
Government amends copyright law to make the UK an AI leader in a post-Brexit world June 28, 2022 The government has announced plans to shake-up copyright law to pave the way for the UK to become an artificial intelligence leader. Under the new rules, the government will make it easier to analyse material for the purposes of machine learning, research and innovation. It will also anyone with lawful access to this material should [...]
Crypto markets flat as European stock markets open higher June 28, 2022 The price of Bitcoin (BTC) continues to hold at above $20k, down around 1.7 per cent to $21,037 this morning.
‘War crime’: NATO to up troop numbers as shopping mall blaze branded ‘one of most brazen terror attacks in European history’ June 28, 2022 NATO is set to increase troop numbers by up to 300,000, as Russia’s missile strike on a Ukrainian shopping mall has been branded “one of the most brazen terrorist attacks in European history” by Ukraine’s president. Vlodymyr Zelensky condemned the “calculated hit” against a shopping centre with 1,000 people inside, in the city of Kremenchuk [...]
Extending windfall tax to renewables will jeopardise investment warns RWE boss June 28, 2022 RWE boss has warned energy firms will reconsider investment plans in the North Sea if the UK expands its windfall tax to electricity generators.
Exclusive: Poor connectivity costs UK firms £18bn a year June 28, 2022 British SMEs are losing £18.77bn a year because of poor connectivity, costing the UK economy, an estimated loss of £7.7bn every year. The research, conducted by Three UK, YouGov and Development Economics, found that micro-businesses and small to medium sized firms, who provide their employees with work phones, are losing out on an average of one hour of [...]
Telecom giants agree new cost of living plan amid rocketing prices June 27, 2022 The UK’s biggest broadband and mobile operators have agreed to a raft of new commitments to further help customers with the rising cost of living following a government-led summit at No 10 Downing Street.
FCA laments the high number of financial crime ‘red flags’ missed by crypto firms June 27, 2022 The Financial Conduct Authority said many crypto firms that have applied to register under money laundering regulations miss financial crime “red flags” and have inadequate controls. A spokesperson for the FCA said to City A.M.: “We have seen too many financial crime red flags missed by the cryptoasset businesses seeking registration.” Some firms do not [...]
Goldman Sachs cuts Coinbase price target and downgrades it to ‘sell’ June 27, 2022 Goldman Sachs reduced Coinbase’s price target from $75 to $40 and cut its rating to “sell” from “neutral” as the crypto market experiences a severe rout. In a report today, the banking giant cited falling cryptocurrency prices and lower industry activity for the downgrade. “We believe current crypto asset levels and trading volumes imply further [...]