Vaccine manufacturer Oxford Biomedica warns of Covid-19 cliff edge April 20, 2022 Oxford Biomedica, which helped manufacture the AstraZeneca Covid-19 vaccine, has enjoyed a revenue boost of more than 60 per cent, thanks to its frontline position in tackling the pandemic. The London-listed cell and gene therapy group pulled in £142.8m in the year to 31 December, up from £87.7m in 2020. However, the firm has warned [...]
Former eBay exec set to plead guilty after cyberstalking campaign April 20, 2022 A former eBay executive plans to plead guilty to federal charges that he planned a cyberstalking campaign that targeted a couple whose online newsletter EcommerceBytes made digs at eBay.
Netflix shares tumble as streaming giant loses 200k subscribers April 20, 2022 Netflix reported a loss in subscribers for the first time, down 200,000 subscribers, citing inflation, emerging competition from the likes of Disney+ and Amazon, as well as the Ukraine war as contributing factors.
Twitter for sale? Private equity giant Apollo joins bid for social media firm April 19, 2022 Private equity powerhouse Apollo is participating in a bid for Twitter as the hostile takeover by Elon Musk lingers on.
Deliveroo bosses face prison sentences following worker status abuse April 19, 2022 Two former Deliveroo bosses were handed suspended one-year prison sentences by a French court this morning after abusing the freelance status of riders working for the takeaway delivery firm. They were also fined €30,000, with the company receiving the maximum penalty of €375,000. A Deliveroo spokesperson said that whilst it “categorically rejects this judgement”, they [...]
Trump’s Truth Social crashes once again as former President’s app struggles to gain momentum April 19, 2022 Donald Trump's social media app Truth Social continues to disappoint fans who hoped it would “create a rival to the liberal media consortium and fight back against the “Big Tech” companies of Silicon Valley.”
Next generation could spend 10 years in metaverse as industry booms April 19, 2022 The next generation could spend up to 10 years in virtual realities over the course of their lifetime, new research has revealed.
London anti-fraud firm bags £72m as online scams boom April 19, 2022 London anti-fraud firm SEON has bagged a $94m (£69m) cash injection today as firms look to fight off a wave of online fraud brought on by a shift to digital platforms through the pandemic.
Apple faces union challenge amid Amazon’s warehouse success April 19, 2022 Following Amazon's lead, workers at Apple's Grand Central Station store in New York are gearing up to start a union.
Soter Analytics secures $12m to tackle workplace injuries with tech April 19, 2022 Soter Analytics, which seeks to prevent injuries from poor posture in the workplace, has snagged $12m (£9.2m) of new capital in its series A funding round. The firm aims to tackle work-related musculoskeletal disorders (MSD) with technology, as the issue impacts three out of every five workers, according to Europe’s work safety watchdog. The wearable technology tracks [...]