Comcast defies Wall Street estimates but falls down on broadband January 27, 2022 Comcast defied Wall Street estimates today, reporting fourth-quarter earnings of $3.06bn (£2.29bn), and boosting streaming numbers. This placed earnings per share at 77 cents adjusted, in parallel to the 73 cents estimated. The owner of Sky increased its dividend by eight per cent to 27 cents per quarter, and Brian L. Roberts, Chairman and Chief [...]
Spotify removes Neil Young tunes following Rogan vaccine row January 27, 2022 In a growing sign that the biggest digital tech platforms are becoming effective publishers, Spotify vows to remove Neil Young following a feud over podcaster Joe Rogan’s false Covid claims. In an open letter to his manager and record label this week, Young demanded that his songs be removed from the streaming platform, after he [...]
Post-Brexit boost for the City as London takes top spot in global financial powerhouse rankings January 27, 2022 London continues to hold the top spot for financial and professional services in terms of overall offer when compared to other global destinations, including New York, Singapore, Hong Kong, Paris and Frankfurt, according to new figures published this morning. London received an overall competitiveness score of 61, followed by New York (58) and Singapore (53). [...]
Duke of York’s demand for jury trial is Prince Andrew saying: ‘Bring it on’ January 27, 2022 Legal commentator Joshua Rozenberg has said the Duke of York’s demand for a jury trial is him stating “bring it on”. Experts had predicted Andrew would seek a settlement after the Queen stripped him of his military roles but court documents showed that he has decided to face Virginia Giuffre, who has brought a civil [...]
Euromoney revenue up 19 per cent as events make comeback and subscriptions rise January 27, 2022 Euromoney Institutional Investor reported a “strong start to the year” as it shifted towards a subscription model and took a blended approach to its events schedule. The B2B information group reported revenue of £93.3m up 19 per cent, buffered by underlying revenue growth in both subscriptions, up eight per cent, making up 67 per cent of [...]
CMA launches probe into music streaming market January 27, 2022 UK competition watchdog launched a study this morning asking whether the music streaming market is working well for music lovers. In the UK, more than 80 per cent of recorded music is now listened to via a streaming service rather than using traditional physical media like CDs and vinyl. Linking the creators making the music [...]
BT looking to hire 600 apprentices and graduates across the UK this year January 27, 2022 British Telecom said this morning it plans to recruit more than 600 apprentices and graduates later this year. Positions will be in engineering, customer service, applied research and cyber-security. The recruits will also support the company’s plans to build and extend its 5G network around the UK. The new roles are spread across a number [...]
Mysterious Covid variant BA.2 spreads like lightning into over 40 countries but Omicron acts as ‘super booster’ to new coronavirus mutation January 27, 2022 The new Covid variant BA.2, first detected at the end of last week, is spreading rapidly across the globe, as the new mutation has now popped up in more than 40 countries around the world, according to various reports. Also called ‘stealth omicron,’ the World Health Organization has reported cases of BA.2 in dozens of [...]
Disney defends Snow White remake after Game of Thrones actor Peter Dinklage branded it ‘backward’ January 26, 2022 Disney has responded to criticism from Game of Thrones actor Peter Dinklage about its upcoming Snow White and the Seven Dwarfs remake.
Advertising watchdog upholds complaints over Oatly ads for ‘misleading’ environmental claims January 26, 2022 The advertising watchdog has upheld four complaints over an Oatly marketing campaign. The Advertising Standards Authority (ASA) has upheld four out of five issues raised by a campaign from the oat drink firm. Viewers had raised concerns over two television adverts, a sponsored Facebook post, a sponsored Twitter post and two press adverts. The adverts [...]