London Stock Exchange enters talks to buy stake in Primarybid June 30, 2020 London technology startup Primarybid is in talks to sell a chunk of its business to Britain’s stock exchange, following a successful partnership between the pair. London Stock Exchange Group (LSEG), the parent firm behind the London Stock Exchange, has entered detailed discussions with Primarybid about an investment, Sky News reported. Primarybid is an everyday investing [...]
Uber makes offer for US food delivery service Postmates June 30, 2020 Uber is said to have made a takeover offer for rival food delivery app Postmates, despite the latter having recently filed to go public. The deal values Postmates at $2.6bn, the New York Times first reported. Talks are still ongoing, and an agreement could yet fall apart. The tie-up could provide a leg-up to Uber’s [...]
Leicester enters local lockdown after coronavirus outbreak June 30, 2020 The government will be imposing a fresh spate of lockdown rules on the city of Leicester after the area was hit with an outbreak of coronavirus cases. “We will be bringing forward a legal change very shortly, in the next couple of days, because some of the measures that we’ve unfortunately had to take in [...]
Facebook launches campaign to help Brits spot fake news June 30, 2020 Facebook has today unveiled a new campaign to help users identify misinformation online, as it handles an ongoing boycott of advertising on its platform by major companies. The ads will ask users to consider the source of the news they’re looking at, whether it’s truthful or balanced and what they felt when they saw it. [...]
Advertising boycott dents Facebook shares as campaign gathers steam June 29, 2020 Facebook is facing another day of difficulty on Wall Street, as investors baulk at the growing list of major companies boycotting advertising on its platform. Shares in the tech giant plunged more than eight per cent last Friday, as top advertisers paused ad buying on the platform over concerns about misinformation and hate speech. As [...]
Tiktok to transfer data control to UK arm ahead of Brexit June 29, 2020 Tiktok has said it will be moving ownership of its users’ data in Europe to local subsidiaries, in a boost to its British arm as it prepares for new post-Brexit regulations. The social media app’s US parent Tiktok Inc will no longer manage and safeguard data for users based in the UK and the European [...]
Uber Eats orders skyrocket 160 per cent in lockdown June 29, 2020 Orders on Uber Eats have jumped significantly since lockdown began, rising by over 160 per cent as the UK turned to food delivery apps to replace the high street. The number of new restaurants on Uber Eats’ UK platform has almost doubled in the last four months to a total of 17,000, as smaller independent [...]
Deliveroo debuts dine-in feature for reopening restaurants June 29, 2020 Deliveroo has today announced a new so-called table service feature, which will help restaurants cater to customers choosing to dine in without breaching social distancing measures. Available from 15 July, the tool will let customers browse the menu, order and pay at a restaurant via the Deliveroo app. Deliveroo has said it will not charge [...]
Boris Johnson doubles down on spending plans after coronavirus ‘disaster’ June 29, 2020 Prime Minister Boris Johnson has said he will ramp up unprecedented government spending, as it seeks to mitigate the impact of coronavirus, which has been a “disaster” for the country. Johnson told Times Radio he wants to double down on his plans to increase public investment, and that a return to austerity would be a [...]
Johnson is ‘asleep at the wheel’, says Labour’s Starmer June 29, 2020 Prime Minister Boris Johnson has been too slow at making decisions during the coronavirus crisis, Labour leader Sir Keir Starmer said today. “I think the Prime Minister has been asleep at the wheel, he has been slow, the comms, the communications has been terrible,” Starmer told ITV. “It began to break down frankly when Dominic [...]
