Facebook-parent Meta beats revenue estimates on digital ad strength October 26, 2023 Meta beat expectations for third-quarter profit and revenue on Wednesday, helped a recovery in digital advertising spending.
WPP downgrades outlook as buyout rumours swirl October 26, 2023 WPP chief executive Mark Read believes the firm's "top-line performance in Q3 was below our expectations" and was "impacted by the cautious spending trends".
Bloomsbury weighs in for Christmas with double-digit profit growth October 26, 2023 This six month period was Bloomsbury's fourth consecutive double-digit growth period, with revenue up 11 per cent to £136.7 million and profit up 11 per cent to £17.7 million.
Hipgnosis: Shakira’s hips (and hits) can’t shift the dial October 24, 2023 Embattled Hipgnosis has failed to find a higher offer for its $440m (£358m) catalogue sale, including songs by Shakira and the Kaiser Chiefs.
Sky News admits presenter’s remarks about Palestinian ambassador were ‘potentially misleading’ October 21, 2023 Sky News has said on-air remarks by Kay Burley about the Palestinian ambassador “gave a potentially misleading representation” of his views.
Sale process to secure new owners for Telegraph and Spectator is launched October 20, 2023 The Telegraph Media Group and The Spectator magazine have launched the sale process to secure new owners for the business. The long-awaited sale to gain control of one of the UK’s largest newspaper groups has already seen a wealth of interest from potential buyers. The board of the parent companies behind the Telegraph and Spectator [...]
Meta and Tiktok told to detail curbs on Israel-Hamas disinformation October 19, 2023 The European Union (EU) has ratcheted up its scrutiny of big tech companies – with demands for Meta and TikTok to detail their efforts to curb illegal content and disinformation during the Israel-Hamas conflict.
Hipgnosis announces leadership reshuffle as it gears up for big vote October 19, 2023 The board of Hipgnosis will conduct a "strategic review" as it tries to appease shareholders, set for a continuation vote next week.
Journalist charged in Russia with failing to register as foreign agent October 19, 2023 A Russian-American journalist has been detained in Russia and charged with failing to register as a foreign agent.
Netflix raises prices after subscriptions soar by 9m October 19, 2023 Netflix added 8.8m streaming subscribers in its third quarter, blowing expectations out of the water, as it revealed its latest price hike.