Twitter takes ‘poison pill’ as board battles to thwart Musk takeover April 16, 2022 Twitter has adopted a ‘poison pill’ tactic in order to obstruct Elon Musk’s plans to take over the social media company. Twitter’s board unanimously approved a limited-duration shareholder rights plan on Friday. The so-called ‘poison pill’ would allow existing shareholders to buy stocks at a substantial discount to dilute the holdings of new investors. In [...]
Ericsson faces fresh penalties after possible ISIS payment scandal April 14, 2022 Telecoms giant Ericsson has said it is facing fresh fines after it admitted it may have paid off the terrorist group Islamic State. Penalties would be linked to a corruption scandal and a failure to let US authorities know, the company said. The sum of any fines “cannot at this time be reliably estimated,” the [...]
Final battle in WAGs war begins as Rebekah Vardy’s libel trial against Coleen Rooney heads for climax April 13, 2022 London’s High Court heard this afternoon that footballer’s wife Rebekah Vardy “has nothing to hide” ahead of her upcoming libel trial against Coleen Rooney. Mrs Rooney accused Mrs Vardy of leaking “false stories” about her private life to the media in October 2019 after carrying out a months-long “sting operation”. The wife of former England [...]
Chris Mason named new BBC Political Editor April 13, 2022 BBC Radio 4’s Any Questions? presenter Chris Mason has been announced as the BBC's new Political Editor.
Right to be entertained: Russians sue Netflix after market exit April 13, 2022 Russian Netflix users are suing the streaming giant after it exited the market last month, citing a violation of their rights. Nearly 200,000 people have launched a lawsuit against Netflix, demanding 60 million roubles (£563,000) in compensation, the RIA news agency reported. “Today, a law firm representing the interests of Netflix users filed a class [...]
Indie music making moves thanks to vinyl and CD boost April 13, 2022 Indie artists are leading the way with record sales as vintage vinyls and CDs continue their comeback.
Time Out calls time on London as printers pulled after fifty years April 12, 2022 Time Out will be halting London printers for good as the group pulls the magazine in the capital after over fifty years.
All Sold Up: Universal Music snaps up Elvis Presley hits April 12, 2022 The "King of Rock ‘n’ Roll” Elvis Presley is the latest music icon to have his song catalogue snapped up this afternoon by Universal Music.
Zuck Bucks coming next month: Facebook’s Meta plotting its own money offering via crypto launch, NFTs and small business loans April 12, 2022 Meta, the owner of social media giant Facebook, is plotting to bring its own digital currency to the market, Zuck Bucks, named after its founder Mark Zuckerberg. In addition, the company is reportedly also looking to launch a number of traditional banking services, such as providing small business loans. Zuck Bucks will not be a [...]
BBC knocks £2m off salary bill following big name departures April 11, 2022 Following the exodus of some of its top star, the BBC has reportedly managed to save £2m from its salary bill.