Rise of the ‘finfluencers’: Instagram, Facebook and Reddit drive investment ideas in young people August 15, 2023 Young people are increasingly turning to social media for investment ideas even as the Financial Conduct Authority (FCA) starts to whip out regulation on the field of finance influencers – or ‘finfluencers’ as they are often known as. Over a fifth of investors ages between 18 and 34 are taking investment advice such as stock [...]
BT: Social media is top sales driver for over a quarter of UK businesses August 2, 2023 Social media is the number one force helping businesses in the UK turn a profit according to new research from BT. A survey by the British telecoms firm has discovered 28 per cent of small businesses say they generate more sales through social platforms than from e-commerce or physical stores. Facebook was crowned as the [...]
Deloitte to review BBC internal processes after Huw Edwards scandal July 18, 2023 A top Deloitte partner has been drafted in to help the BBC review its internal processes following the Huw Edwards scandal. The Big Four firm will be assisting the broadcaster as it evaluates how complaints are assessed in the wake of the crisis. Dame Elan Closs Stephens, acting BBC chairwoman, told a House of Lords [...]
‘Be a better neighbour’: BBC warned its digital expansion will ‘wreak untold damage’ for local news outlets July 4, 2023 Local news outlets are pleading for government intervention in the BBC’s plans to digitally expand, saying it will decimate an already struggling industry. Independent publishers such as News Media Association, Bristol Post, and The Northern Echo have said the nation’s license fee-funded broadcaster needs to ‘be a better neighbour’ and rethink its plans to grow [...]
Musk: Media publishers can start charging for one-off articles shared on Twitter May 1, 2023 Twitter will roll out a new feature allowing media publishers to charge users on a per-article basis, the company’s chief executive Elon Musk said on Saturday. Musk said this would allow users who did not want to sign up for monthly subscriptions to pay a higher per article price to read one article. In a [...]
Five things we learned from Elon Musk’s interview with the BBC April 12, 2023 Elon Musk plans to revoke a disputed “government funded media” label Twitter attributed to the BBC, claims advertisers are returning to the platform and admitted that he sometimes sleeps in the office. The billionaire chief executive — who is also at the head of electric car maker, Tesla, and spacecraft manufacturer, SpaceX — made the [...]
Elon Musk drops DogeCoin logo, restores Twitter bird, plus the Blue Tick latest April 11, 2023 Twitter has restored its bird logo after Elon Musk, one of the world’s funniest richest men, had temporarily switched it for the meme dog best known as the logo of cryptocurrency DogeCoin. Internet sluths went into overdrive trying to work out the reason. Was it a hack? A disgruntled employee? No, it was of course [...]
Gary Neville’s content company Buzz16 gets ‘multi-million pound investment’ as it looks at £200m IPO February 27, 2023 Miroma Group has acquired a majority stake in Gary Neville’s content company Buzz16, which is now planning a £200m plus IPO. Buzz16 was launched by the former footballer and current Sky Sports presenter in 2016. The exact amount Miroma paid for its share has not been disclosed but it said the “multi-million pound investment”, “solidifies” [...]
Dragons’ Den-inspired Social Chain media agency that works with Amazon and TikTok sold for £7.7m February 3, 2023 Social Chain, the social media agency founded by Dragons’ Den star Steven Bartlett, is to be sold in a deal worth at least £7.7 million. Social and digital media group Brave Bison announced on Friday that it had struck a deal to buy Social Chain. Mr Bartlett, who is a Dragon on the BBC show [...]
Disney names new chair as home of Mickey Mouse prepares for boardroom battle January 12, 2023 Walt Disney has named Nike veteran Mark Parker as its next chair while snubbing activist investor Nelson Peltz, who the company declined to nominate as a director. This comes after the multimedia giant faced demands from activist investor Peltz for a board seat. Peltz is the head of New York-based Trian Partners, which owns a [...]