Author Archives for Jack Penswick

2019 Articles

Facebook's libra cryptocurrency ‘poses global currency threat’
Facebook's libra cryptocurrency ‘poses global currency threat’
Facebook’s new cryptocurrency libra poses a threat to global financial policy, according to former Bank of Japan executive Hiromi Yamaoka. [...]
August 2, 2019
Direct Line profits drop after £16m blow from discount rate change
Direct Line profits drop after £16m blow from discount rate change
Motor insurer Direct Line reported a 10.2 per cent drop in first-half profits today amid aims to cuts costs and [...]
July 31, 2019
Nintendo switches it up in profit loss
Nintendo switches it up in profit loss
Japanese video game manufacturer Nintendo has announced a 10 per cent decline in its quarterly profit. The decline comes amid [...]
July 30, 2019
Uber lays off 400 marketing staff in drive to trim IPO bloat
Uber lays off 400 marketing staff in drive to trim IPO bloat
Uber has laid off a third of its global marketing team as it pushes to cut bloat after its stock [...]
July 30, 2019
Dislike: EU warns websites they're responsible for data leaked via Facebook's like button
Dislike: EU warns websites they're responsible for data leaked via Facebook's like button
Third-party websites are now jointly responsible for processing people’s data if they embed Facebook’s so-called like button, the EU’s foremost [...]
July 29, 2019
Amcham urges Hong Kong to retire China extradition bill to revive business confidence
Amcham urges Hong Kong to retire China extradition bill to revive business confidence
The American Chamber of Commerce has issued a call for Hong Kong’s government to kill a controversial bill in order [...]
July 29, 2019