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      Lloyd’s of London allows staff to work from home as heatwave hits the capital

      Lloyds of London building exterior showcasing iconic architecture in the financial district, highlighting business heritage

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      Uefa blasts Fifa over Infantino plan to ‘sell football’s soul’ for $4bn

      Gianni Infantino holding the FIFA World Cup trophy while speaking at a podium.

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      Here we go again: The best roof terrace for yet another heatwave

      Madison rooftop bar, overlooking St Pauls Cathedral.

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Tech

  • Global hiring spree: Amazon looking to recruit 55,000 people worldwide

    September 2, 2021

    Amazon confirmed this afternoon it is planning another hiring spree, saying it looks to recruit 55,000 people around the world. The positions range from tech jobs to corporate roles to warehouse work packing and shipping orders for the online shopping giant. While other companies have laid off workers during the pandemic, Amazon’s workforce has ballooned [...]

  • Protesters with inflatable breasts gather outside Facebook’s London office over nipple images

    September 1, 2021

    Protesters with inflatable breasts have gathered outside the London offices of Facebook to voice concerns about how the social network moderates some images containing nipples. The group has said its aim is to enable medical tattoo artists and breast cancer survivors to freely post images of their experience and areola or nipple tattoos, which they [...]

  • QuickBooks owner Intuit in early talks for $10bn Mailchimp buyout

    September 1, 2021

    Software developer Intuit, the firm behind TurboTax and QuickBooks, has reportedly entered talks with Mailchimp for a $10bn buyout. The deal’s discussions are still in their early stages, Bloomberg first reported, citing people familiar with the matter. There is room for the potential deal to fall through, or alternatively, a rival bidder may emerge for email [...]

  • Bucking the trend: Revolut sets no vaccination requirement for US staff

    September 1, 2021

    Bucking the Wall Street trend, Revolut will not require its US staff to be vaccinated in order to get into the office. The US boss of the tech darling told Financial News Revolut had chosen not to make vaccination against Covid-19 a requirement of returning to work in its offices in New York, San Francisco [...]

  • South Korea outlaws Google and Apple in-app payment systems

    August 31, 2021

    South Korea’s National Assembly has approved legislation that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems. South Korea is reportedly the first country in the world to pass such a bill, which becomes law when it is signed by the president, whose party has backed [...]

  • Tencent ends all exclusive music rights deals after Beijing crackdown

    August 31, 2021

    Tencent has ended all its exclusive music licensing agreements with record labels across the world after Chinese regulators ordered it to do so last month, as part of an intensifying crackdown on the country’s tech giants. In a statement released on the Chinese tech conglomerate’s official WeChat page, Tencent said all parties involved in the [...]

  • Zoom bags first $1bn quarter but demand for the Covid-19 essential is fading

    August 31, 2021

    Zoom, which became a household name amid the pandemic, has recorded its first billion-dollar revenue in just one quarter – but demand for its Covid-19 essential service is quickly weening. The company forecast revenue of between $1.015bn and $1.020bn for its third quarter, which inched past analysts’ average estimate of $1.013bn, according to Refinitiv data. [...]

  • New record for UK data watchdog as it handed out £42m in fines last year

    August 31, 2021

    The value of ICO fines issued in the past year was the highest on record at £42m, up 1,580 per cent from the £2.5m in fines issued the previous year, reveals research from RPC, the international law firm. The rise is driven by a £20m fine issued to an airline and an £18.4m fine to [...]

  • Pandemic: High Street demise leads to explosion in demand for gigantic warehouses

    August 31, 2021

    The enforced closure of high street stores saw the trend towards greater online sales rocket further this year, with retailers having to invest further into their warehousing capabilities to cope with delivery demand. In fact, the explosive growth in e-commerce, as a result of the pandemic, has seen almost 15m sq ft of new “super [...]

  • Virtual reality may offer solution to brain injury caused by heading in football

    August 29, 2021

    Heading is an integral part of football, but its links to lasting brain injuries are proving hard to ignore. One software company believes it has found a solution to the damaging impact it can have: virtual reality. Watch the full report.

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