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      Wood Group hit with £13m fine as engineering titan set to exit City

      Wood Group engineers collaborating on a project plan in a modern office setting, highlighting teamwork and innovation.

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      Williams F1 ‘competing with top 50 teams in sport’, says Kenyon

      Alex Albon exits Formula 1 garage, wearing racing suit, surrounded by team members at busy pit lane during race weekend.

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  • Even Big Tech CEOs can’t afford to ignore the costs of bad PR

    January 16, 2024

    Big tech CEOs may think they're invincible, but sending rockets into space won't spare you the costs of bad PR, writes Mike Maynard.

  • These tech companies have breached the most data rules this year

    December 3, 2023

    Big tech companies have breached their fair share of data rules this year and regulators have dished out penalties. Here are the largest ones.

  • CMA: Amazon and Meta agree to retail competition improvements

    November 3, 2023

    As part of the new commitments, Amazon has agreed to give independent sellers a fair chance of their offers being featured in the site’s “Buy Box”, where most sales on the platform take place.

  • Facebook-parent Meta beats revenue estimates on digital ad strength

    October 26, 2023

    Meta beat expectations for third-quarter profit and revenue on Wednesday, helped a recovery in digital advertising spending.

  • Meta: Facebook and Instagram owner plans to charge European users

    October 3, 2023

    Meta, the parent company of Instagram and Facebook, is reportedly planning to charge European users up to $17 (£14) per month for an ad-free subscription tier. The Silicon Valley powerhouse could offer ad-free Instagram and Facebook for paying subscribers while users wishing to hang onto free access must agree to targeted ads based on their [...]

  • Facebook owner Meta shells out £149m to break London Regent’s Place lease

    September 26, 2023

    Facebook owner Meta Platforms surrendered one of its two buildings at Regent’s Place, paying £149m at the end of September to break the lease. Property developer British Land revealed that the end of the lease will result in post interest savings of 0.6 pence for the half year.  The £149m fee was first reported by [...]

  • Meta to launch AI-powered chatbots in a bid to cling on to users

    August 1, 2023

    Meta, the parent company of Facebook, is reportedly gearing up to deploy a squadron of artificial intelligence-powered chatbots, each with their own distinctive personalities, in an effort to cling on to its users who have been dwindling lately. Meta has been crafting prototypes for these chatbots, aptly named “personas”, the Financial Times reported today, citing [...]

  • Threads: Five million join new Meta app in matter of hours

    July 6, 2023

    A new app billed as a rival to Twitter has seen more than five million people sign up in its first few hours. Threads, created by Facebook and Instagram owners Meta, went live in the UK at midnight on Thursday. Linked to Instagram, it allows users to post up to 500 characters of text and [...]

  • Facebook vs Twitter: Meta launches rival as Musk locks Tweetdeck

    July 4, 2023

    Facebook owner Meta is launching a new app to rival Twitter this week. Threads, which will be linked to Instagram, is available for pre-order in the Apple App Store and will go live on Thursday. It is described as a “text-based conversation app… where communities come together”. The new app is the latest chapter in [...]

  • Musk vs Zuck: Twitter and Facebook bosses agree to a… cage fight

    June 22, 2023

    Twitter CEO Elon Musk and Facebook owner Meta’s boss Mark Zuckerberg appear to have agreed to a cage fight. The social media billionaires will scrap it out after Musk, who also owns Tesla, said he was “up for a cage fight” with his tech giant rival. Zuckerberg posted a story on Instagram this morning, showing [...]

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