Advertising watchdog to crack down on broadband pricing after finding customers were often left confused May 4, 2016 The advertising regulator, the Advertising Standards Authority (ASA), is cracking down on broadband price claims. The changes, which will come into force on 31 October 2016, force companies to include line rental in the final price shown to customers. Earlier this year the ASA found many customers were confused by the way prices were presented, with [...]
Adobe acquires audience engagement innovator Livefyre as part of its Adobe Marketing Cloud services May 3, 2016 US software giant Adobe has announced it is buying the content curation and audience engagement innovator Livefyre for an undisclosed sum. The Livefyre platform gives brands and publishers instant access to user-generated content that can be streamed in real time to websites, adverts, emails, apps and TV, and is also well-known for its online commenting [...]
Glencore could net $2bn from sale of Vasilkovskoye gold mine in Kazakhstan May 3, 2016 Embattled mining and commodities firm Glencore was yesterday reported to be considering the sale of its Vasilkovskoye gold mine in Kazakhstan. A source told Reuters that “a sale is one of the options,” confirming an earlier report in the Financial Times. Two other sources, speaking on condition of anonymity, said $2bn (£1.45bn) worth of assets [...]
World Bank warns area covering two-thirds of world population at risk of growth slowdown May 3, 2016 Water shortages could knock as much as six per cent off the size of the world’s largest economies over the next three decades, the World Bank has said in a new report published today. An area that includes more than four billion people, covering China, India, the middle east and sub-Saharan Africa, will suffer shrinking [...]
Hedge fund boss Paul Marshall to make Brexit donation May 3, 2016 Hedge fund boss Paul Marshall is set to make a large donation to the campaign for the UK to leave the European Union. Marshall, a co-founder of one of the City’s most successful hedge funds Marshall Wace, will donate in excess of £100,000 to Vote Leave. Marshall only decided to hand over the cash in [...]
London facing prospect of more strike action and delays over Night Tube May 3, 2016 London is facing the prospect of more strike action over the Night Tube. Members of the RMT union are voting on whether to strike over their pay and conditions under the Night Tube deal. The ballot for action involves nearly 1,500 maintenance and engineering staff and concerns pay and pensions. Read more: Night Tube back on track? [...]
Trouble at the Farage family dinner table as one of Nigel Farage’s sons could vote against Brexit May 3, 2016 UKIP leader Nigel Farage may be looking for some quality father-son time before the EU referendum this June, as he claims his son is backing Remain. Farage Sr had something of a senior moment last week when he accidently tweeted support for David Cameron and the campaign to stay in the EU. But now it looks like [...]
US prosecutors mull further action against Martin Shkreli in relation to his involvement with biopharmaceutical company Retrophin May 3, 2016 Martin Shkreli, the notorious former pharma chief executive, could be about to face fresh charges. Shkreli, who famously hiked the price of a drug by 5,000 per cent last year sparking a public outcry, now could face additional charges of securities fraud, federal prosecutor Winston Paes said at a hearing in New York. The future charges would relate to Shkreli's involvement [...]
Lord Sugar reckons he would make a better London mayor than Zac Goldsmith and Sadiq Khan May 3, 2016 In a race for City Hall with banking heirs, polish aristocrats and exiled Kashmiri emperors, who else could bring even more grandeur to the London mayoral election than Lord Alan Sugar? Not surprisingly the businessman, a Labour peer until he left the party after the general election last year, reckons none of the candidates are up to scratch [...]
Fashion met tech in two stunning Met Gala dresses, but where’s the rest? May 3, 2016 Marchesa and IBM made a dress that changes colour according to twitter sentiment while Zac Posen created a glow in the dark gown that wowed crowds. At the Met Gala Ball, fashion was meant to meet technology, but there was little more than celebrity names showing off in silver rather than a real demonstration of the [...]