Mark Zuckerberg defends political ads on Facebook after Twitter ban October 31, 2019 Facebook co-founder and chief executive Mark Zuckerberg has defended his decision to allow political advertising as the social network after Twitter boss Jack Dorsey threw down the gauntlet over the issue. Read more: Twitter pulls all political advertising as voters support regulation Dorsey announced yesterday that all paid-for political advertising would be banned on Twitter, [...]
Hackers with links to North Korea have hit a critical nuclear power plant in India October 31, 2019 India has admitted its newest nuclear power plant has fallen victim to a cyber attack, illustrating how exposed one of the most valuable sectors to the emerging economy is to cyber criminals. The Kudankulam nuclear power plant was hacked using malware which is designed to extract data which has been linked to Lazarus Group, which [...]
Digital ad group the Ozone Project signs up Stylist as it fights back against tech giants October 31, 2019 Digital advertising marketplace the Ozone Project has announced a new partnership with the Stylist Group as it expands its roster of publishers. The female-focused lifestyle publisher, which will also represent the digital newspaper titles of parent company DC Thomson, will be the fifth organisation to join Ozone’s platform. Read more: Magazine publisher TI Media narrows [...]
Dataminr is helping to save local journalism October 31, 2019 Journalism is in a tough spot. For decades, money and jobs in the industry have been in decline. The government’s Cairncross review, released last year, revealed the scope of the problem. It found that total press industry revenues had declined by more than half over the previous 10 years, and that the number of full-time [...]
UK set to delay Huawei 5G decision until after election October 30, 2019 The UK government is set to once again delay a decision on whether Chinese telecoms giant Huawei should be part of the construction of the UK’s next-generation 5G networks until after the December General Election. Read more: Huawei revenue rises as US crackdown fails to halt growth A decision is now unlikely to be made [...]
Apple shares bounce as Christmas forecast tops estimates October 30, 2019 Apple has predicted a bumper holiday period, easing concerns regarding the impact of the US-China trade war on its overall health. The iPhone maker forecast revenue for the upcoming quarter at between $85.5bn and $89.5bn, signalling a return to annualised growth as it comfortably beats last year’s $84.3bn for the same period. For its fiscal [...]
Twitter pulls all political advertising as voters support regulation October 30, 2019 Twitter tonight announced that all paid-for political advertising would be banned from its platform from 22 November in a move that will pile pressure on Facebook to do the same. Writing on the platform, founder Jack Dorsey wrote: “A political message earns reach when people decide to follow an account or retweet. Paying for reach [...]
Financial Times owner Nikkei loses $29m in apparent fraud October 30, 2019 Nikkei, the Japanese media giant behind the Financial Times, has lost roughly $29m (£22.5m) in an apparent wire transfer fraud. In a statement issued today, the company said an employee of its US subsidiary had transferred the funds after receiving “fraudulent instructions by a malicious third party who purported to be a management executive of [...]
Amazon ad banned for ‘misleading’ customers into signing up for Prime October 30, 2019 Amazon has been reprimanded by the ad watchdog over concerns the delivery options on its website may have misled people into signing up for Prime. The Advertising Standards Authority (ASA) received 10 complaints about a promotion that appeared during the ecommerce giant’s checkout process. Read more: Microsoft beats Amazon to Pentagon’s $10bn cloud computing contract [...]
Facebook abandons appeal against £500,000 Cambridge Analytica fine October 30, 2019 Facebook has dropped its appeal over a £500,000 data protection fine for its Cambridge Analytica scandal. The social media network has made no admission of liability but will no longer contest the maximum fine imposed by UK watchdog the Information Commissioner’s Office. Billionaire Mark Zuckerberg appealed the penalty last November after the watchdog issued the [...]