Met arrests 100 in ‘biggest ever fraud operation’ to take down spoof calling site November 24, 2022 More than 100 people have been arrested in what the Met Police describe as the UK’s biggest ever anti-fraud operation. The force led the bid to take down the ‘one stop spoofing shop’, iSpoof, which had more than 200,000 possible victims in this country alone. Fraudsters contacted people posing as as representatives of banks including [...]
Twitter’s top advertisers leave en masse following Musk entrance November 23, 2022 Twitter’s top advertisers are leaving the social media firm en masse, as Elon Musk’s grand plans scare away marketeers. More than a third of Twitter’s top 100 marketers have not advertised on the Elon Musk site in the last two weeks, according to analysis from the Washington Post. The analysis from Pathmatics data reckons that [...]
Riots break out at world’s biggest iPhone factory in China over Covid and pay November 23, 2022 Protests have broken out at the world’s biggest iPhone factory in the Chinese city of Zhengzhou. According to reports from Bloomberg, workers at the Foxconn Technology plant started to protest overnight over unpaid wages and fears of Covid rates. Footage has circulated online, showing hundreds of workers marching, with riot police present. Tensions have been growing in [...]
Discoverie weathers UK economic storm with record orders November 23, 2022 British electronics designer and manufacturer Discoverie is hoping the size – and cost – of its products will be the key to weathering the UK’s economic storm. The London-listed company has seen its underlying operating profit rise more than a third to £25.6m in the past six months, while pre-tax profit boomed over 130 per [...]
Teens keep flocking to TikTok for book inspiration November 23, 2022 Youngsters say that TikTok has helped them rediscover their love for reading, as the tech giant continues to push into the book selling market. New research from the Publishers Association published today found that BookTok, the social media trend focusing on books and literature, is playing a key role in getting Gen-Z reading again. In a [...]
GSK blood cancer drug pulled from US market in major blow November 23, 2022 GlaxoSmithKline’s (GSK) blood cancer drug has been pulled from the US market, in a major blow to the British pharmaceutical giant’s reputation as it seeks to build out its oncology offering. The London-listed firm announced yesterday that the US Food and Drug Administration (FDA) had requested the company to withdraw the market authorisation for the [...]
Meta’s independent board overturns police requested music video ban November 22, 2022 Meta’s oversight board has overturned the decision to remove a UK drill music video clip from Instagram following a request from the Metropolitan Police. The board, which is designed to issue independent judgments on the Facebook owner, said the video ‘Secrets Not Safe’ by Chinx, which referenced gang shooting, was wrongly banned, stating that it [...]
Zoom shares down 90 per cent from pandemic high as it slashes revenue forecast November 22, 2022 Zoom’s share price continued to tumble a further nine per cent today, after the pandemic darling slashed its annual revenue forecast. The drop adds to its near 60 per cent fall in the year to date, with a 90 per cent plunge since October 2020. It comes as the tech firm struggles to adapt in [...]
Competition watchdog launches deeper probe into Apple and Google’s mobile dominance November 22, 2022 Competition regulators continue to cast their net towards Google and Apple, with a new in-depth investigation launched this morning over their mobile browser dominance. The Competition and Markets Authority (CMA) said it would be examining whether new rules are needed for users and developers in this space after it conducted a consultation. Around 97 per [...]
British defence titans boosted by global tensions November 22, 2022 Britain’s defence titans are benefiting heavily from the volatility sweeping the geopolitical stage, with profits on the rise, full-year outlooks cemented and blockbuster contracts in the pipeline. London-listed defence engineer Babcock today posted a underlying operating profit of £121.7m for the six-months ended to the end of September, compared to £115.3m a year earlier. Meanwhile [...]