TikTok ups its child ad protections as the threat of EU sanctions looms June 21, 2022 TikTok has agreed to better protect children that use its platform in order to dodge the threat of possible sanctions from Brussels. The European Consumer Organisation (BEUC) filed a complaint to the European Commission in 2021, which said that the Bytedance-owned company failed to protect children from hidden advertising and inappropriate content. Following over a [...]
Dogecoin increasingly connected to illicit activity, new report alleges June 21, 2022 Cryptocurrency Dogecoin is increasingly being connected to illicit activity like terrorism financing and child sex abuse, according to a new study. Blockchain analytics firm Elliptic, who authored the report, claimed it had found evidence to suggest that the popular meme token was being used by illicit actors as payment for illegal activity. Dogecoin was accepted as payment [...]
Young footballers ‘risking most of their wages on crypto’ prompts growing concerns June 21, 2022 Football has a “big problem” with young players risking the majority of their pay on cryptocurrencies, says a leading financial adviser to the sports industry. Players are being sucked in by social media content that ignores the major risks of investing in crypto, says Ben Smith, a partner at FLM. “I have seen lots of [...]
Ed Sheeran and co-songwriters handed £900k in legal costs for Shape Of You copyright win June 21, 2022 Ed Sheeran and two songwriting partners were handed more than £900,000 in legal costs after winning a High Court copyright case over accusations that he ripped off other artists for his 2017 hit Shape of You. Sheeran was involved in the 11-day trial with two songwriters Sami Chokri and Ross O’Donoghue who claimed that he [...]
1 Minute Market Rundown – 21st June 2022 June 21, 2022 | City Talk US Bank Holiday Quietens the MarketCrypto and Risk Markets Hold InCommodity Prices Begin to Rollover It took it being a US bank holiday but we finally had a quiet day, hallelujah! Equity futures, which were open, pointed higher and as such we saw a pause in the risk sell off. The USD continued to give [...]
Former staff sue Tesla over ‘mass layoffs’ June 21, 2022 Former employees at Tesla are suing the electric vehicle maker for carrying out what they say are “mass layoffs“, which they claim violated the law by not giving advance notice. In a lawsuit filed in Texas on Sunday, two former employees at the company’s Nevada factory allege Tesla violated the Worker Adjustment and Retraining Notification (WARN) Act [...]
More strikes incoming: Union to ballot over Royal Mail postman pay row June 21, 2022 The union representing staff at Royal Mail have said they will hold a ballot that could lead to even more strike action over pay, adding to the rail and tube mayhem seen this week.
Covid hospitalisations in England up 24 per cent from last week June 21, 2022 Coronavirus hospitalisations in England have surged by almost 25 per cent in the last week, as cases spread like wildfire once more across the globe. New figures released by the NHS this week highlight 5,726 beds occupied by Covid patients as of 20 June, up from 4,602 on the previous Monday. The spike in cases [...]
Bitcoin price shows signs of recovery as major cryptocurrencies push to the upside June 21, 2022 The price of Bitcoin is up another six per cent over the past 24 hours, changing hands for more than $21k this morning.
UK set to become largest entertainment and media market in Europe June 21, 2022 The UK is set to overtake Germany in becoming the biggest entertainment and media market in Europe.