Facebook’s quarterly earnings shoot up to £6.5bn as it weathers whistleblower storm October 26, 2021 Facebook has recorded third quarter earnings of £6.5bn as it weathers a storm of blistering claims from a former employee. The company reported a net income for the three months ending on September 31 of $9bn, or £6.5bn, up from $7.8bn for the same period in 2020. Backlash against the technology firm has been intensifying [...]
Budget: Scrap £159 BBC licence fee and sell Channel 4, urges TaxPayers’ Alliance October 26, 2021 The TaxPayers’ Alliance (TPA) has called for the sale of Channel 4 and the scrapping of the BBC licence fee ahead of the Budget this week. The campaign group has also proposed that most of the BBC should be sold off and the corporation cut down to one television channel, radio station and online service. [...]
Whistleblower says safety is cost centre for Facebook October 25, 2021 Frances Haugen, a former product manager on Facebook's civic misinformation team, appeared before the Joint Committee this afternoon, discussing plans to regulate social media companies.
What we can expect from Facebook’s Q3 results October 25, 2021 The social media giant Facebook will beat the consensus estimates for revenues and earnings, despite ongoing controversy, if you believe the tech analysts. In the first half of the year, Facebook saw growth of both daily active users, as well as online advertising. This is a trend that many expect to continue when the company [...]
PayPal denies Pinterest acquisition rumours October 25, 2021 PayPal announced it will not be pursuing an acquisition of Pinterest following reports that it was planning to buy the pinboard site for $45 billion.
Networks agree to block foreign fraudster calls October 25, 2021 UK phone networks have agreed to automatically block calls made from abroad if they show up as a UK number in order to prevent fraud.
Trevor Phillips: British history is altered by tearing down statues, not via ‘due process’ October 25, 2021 The tearing down of statues, renaming of streets, and the changing of school curricula without “a rigorous and non-partisan approach” is increasingly altering British history, broadcaster Trevor Phillips warns this morning. A paper written by Phillips and released by the Policy Exchange think tank today claimed there was a “growing trend to alter public history [...]
Facebook and Nick Clegg urged to disclose child sexual abuse after offenders used FB in 5,100 grooming crimes, claims NSPCC October 25, 2021 Police recorded 24 online grooming crimes every week where offenders used Facebook-owned sites in an attempt to target children for sexual abuse between 2017 and 2021. That’s 5,120 sexual communication with a child offences that have involved Facebook, Instagram and WhatsApp since the law came into force in April 2017, according to the NSPCC this [...]
Sir Rod Stewart and son face criminal trial as plea deal on battery charge falls through October 23, 2021 Sir Rod Stewart and his adult son are to stand trial on charges they attacked a security guard during a New Year’s Eve party nearly two years ago. The development comes after a plea deal between Sir Rod and Florida prosecutors has fallen through. Neither Sir Rod nor his son, Sean, were present when Judge [...]
Alec Baldwin and assistant director had no clue prop gun contained live ammunition October 23, 2021 Hollywood actor Alec Baldwin was handed a loaded weapon by assistant director who told him it was safe to use in the moments before the actor fatally shot a cinematographer, according to court documents. “Cold gun”, the assistant director announced, according to a search warrant filed in a Santa Fe, Arizona court. Instead, the gun [...]