Channel 4 advertising bounces back amid privatisation threat October 29, 2020 Channel 4 today said its advertising revenue had rebounded strongly from a coronavirus-induced slump as it shrugged off renewed threats of privatisation. Earlier this month media minister John Whittingdale hinted that the government was mulling a sale of Channel 4, adding that its business model was under strain and may not be sustainable. But the [...]
BBC bans ‘virtue signalling’ as it cracks down on stars’ social media use October 29, 2020 The BBC has banned presenters from “virtue signalling” on social media as part of tough new rules on how its top talent maintains impartiality online. As part of a sweeping overhaul unveiled today, BBC stars have been told not to express personal opinions on public policy, politics or controversial subjects. The overhaul marks a major [...]
Meghan Markle wins court bid to delay Mail on Sunday privacy trial October 29, 2020 Meghan Markle has won her bid to have her privacy case against the Mail on Sunday pushed back until next autumn after citing confidential reasons. The Duchess of Sussex is suing parent company Associated Newspapers over articles in the Mail on Sunday that published parts of a letter she sent to her father in 2018. [...]
EU to ban tech firms from promoting their own services in new crackdown October 29, 2020 Tech giants will be banned from unfairly promoting their own services and will have to do more to crack down on harmful content under new rules being prepared by the EU. Competition chief Margrethe Vestager today proposed a raft of tough new laws and promised greater powers for enforcement bodies in a bid to tackle [...]
Tech earnings: What to look out for in a bumper day of Silicon Valley results October 29, 2020 All eyes will be on Silicon Valley tonight as the tech giants prepare to unveil their earnings for the third quarter. Google owner Alphabet, Amazon, Apple, Facebook and Twitter are all set to update investors on their trading during a turbulent period dominated by the coronavirus crisis. Earnings season for the so-called FAANG companies kicked [...]
The City View: Michael Hewson on how markets could react to the US election October 29, 2020 In this episode Christian is joined by CMC Markets’ chief market analyst Michael Hewson, who gives his take on the state of the US economy and how markets could respond to either a Biden victory or four more years of Donald Trump. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Michael looks at the current health of [...]
UK advertising market not set to recover until 2022 after Covid-19 crash October 29, 2020 The UK advertising market will not recover until 2022 after sinking to record lows this year as a result of the coronavirus outbreak. Ad spend is set to come in at £21.5bn this year, marking a fall of £3.6bn — or 14.5 per cent — compared to 2019. The figures come ahead of the crucial [...]
Tech bosses blasted by US politicians over content moderation October 28, 2020 The bosses of Facebook, Twitter and Google faced attacks from US Senators this afternoon during a fiery hearing over how tech firms moderate content on their platforms. The tech chiefs were grilled by a US Senate committee for more than three and a half hours over Section 230 of the Communications Decency Act, which protects [...]
Facebook sued over Cambridge Analytica data scandal October 28, 2020 Facebook is being sued over its misuse of data during the Cambridge Analytica breach, opening the social media firm up to further fines for its role in the scandal. A group action lawsuit representing 1m users in England and Wales was filed today to gain “redress and compensation for the persistent mass misuse of personal [...]
Full-fibre broadband failings ‘disproportionately’ hit small businesses October 28, 2020 A failure to meet targets of bringing full-fibre broadband to all parts of the UK in the next five years would “disproportionately” impact small businesses, the government has been warned. In a letter to culture secretary Oliver Dowden, a dozen small and medium sized businesses (SMEs) stated that high-speed broadband provisions were “critical” to their [...]