The i newspaper could be sold as publisher JPIMedia considers auctioning assets May 4, 2019 The owners of JPIMedia, formerly Johnston Press, are considering auctioning off parts or all of the business, which owns titles including the i newspaper and The Scotsman, after purchasing the publisher just last year. The consortium of hedge funds that own the company are considering a strategic review that could see a number of its [...]
Huawei to build 400-person chip plant near Arm Holdings headquarters in Cambridge May 4, 2019 Huawei is planning to build a 400-person chip research and development factory in the centre of the UK's silicon chip industry, just outside of Cambridge. The Chinese telcoms group wants to develop the chips used in broadband networks at a base in Sawston, seven miles outside of Cambridge and just 15 minutes from Arm Holdings' headquarters, [...]
Theresa May defends decision to sack Gavin Williamson as defence secretary May 4, 2019 Theresa May has defended her decision to sack Gavin Williamson from his position as defence secretary this week after an inquiry found "compelling evidence" he leaked information from the National Security Council (NSC). Information regarding the government's decision to complete a deal with Huawei to help build the UK's 5G network was leaked to the media in April. Read [...]
Time to ditch the tech bros? Women-led fintechs are better investments, says KPMG May 4, 2019 A new report from KPMG has found that fintechs founded by women are more likely to be successful when compared with the industry average. The study, which looked at 91 fintech companies across the UK, found those that were founded or co-founded by a female achieved 113 per cent higher returns for investors. Read more: Banking [...]
Boeing 737 skids off Florida runway and lands in river May 4, 2019 At least 20 passengers on board a Boeing 737 have been taken to hospital after the passenger plane skid off a runway in Florida and landed in a river. None of the 143 people on board were seriously hurt as the plane tried to land in thunderstorm conditions. Read more: Stagecoach dropped as Turner Prize [...]
North Korea ‘fires short-range missiles’ off east coast May 4, 2019 North Korea has fired several unidentified missiles off of its eastern coast, according to South Korean military. The short-range missiles were fired from Wonsan at around 9am local time on Saturday and reached around 125 miles before landing in the ocean. Read more: US job growth surges as unemployment rate falls North Korea "fired a number of [...]
Marks and Spencer will shut seven stores for the final time as part of a wider restructuring May 4, 2019 Marks and Spencer will shut down seven more stores today as part of its long-term plan to close 100 by 2022. It will bring the total number of stores closed to 47 as the high street retailer adapts to consumer's changing habits. The department store chain is ending its association with town centres across the UK and [...]
Conservatives suffer huge blow in local elections as Theresa May and Jeremy Corbyn vow to break Brexit deadlock May 4, 2019 With the results from all 248 councils in, the already significant losses suffered by both the Conservatives and Labour worsened and resulted in respective leaders Theresa May and Jeremy Corbyn reaffirming their commitment to break the Brexit deadlock. The Tory party lost more than 1,334 councillor seats, as well as the control of 49 councils throughout the UK. [...]
The man who would be king: Why adland’s El Presidente has ‘zero fear’ of getting fired May 4, 2019 Looking back, Eduardo Maruri is glad he didn’t run for president. The Ecuadorian, now 52 years old, claims he had a good chance of being elected in his home country, but ultimately did not feel he was in a position to pull off the role. “You’re only president once, so you have to make sure [...]
Days Gone review: Biker gangs and bounty hunting in Sony’s zombie infested apocalypse May 3, 2019 At times the plot of Days Gone can be difficult to track. You play as Deacon, a hardass biker navigating a zombie-infested open world. For the most part you’re on a quest to find your missing girlfriend Sarah. However, your motorcycle parts are nicked early on (Deacon’s bike functions as the game’s second lead character; [...]