Live music industry warns of 170,000 job losses by end of year October 21, 2020 The UK’s live music industry has warned it will suffer 170,000 job losses before the end of the year if the government fails to offer further support. LIVE, which represents the sector, said the country’s live music workforce was facing a “cliff edge” as the furlough scheme comes to an end at the end of [...]
Saudi crown prince sued over murder of Jamal Khashoggi October 20, 2020 The fiancee of Jamal Khashoggi and a US human rights group have filed a lawsuit against Saudi crown prince Mohammed bin Salman over the journalist’s murder in 2018. The lawsuit, filed in Washington D.C., alleges that Khashoggi was tortured, murdered and dismembered on the orders of prince Mohammed. The crown prince is named alongside more [...]
Google hits back at ‘deeply flawed’ US Justice Department lawsuit October 20, 2020 Google has hit back at a major antitrust lawsuit filed by the US Justice Department, branding it “deeply flawed” and warning that consumers would be negatively affected if the government wins its case. US officials today filed a lawsuit against the tech giant accusing it of breaking the law by using its market power to [...]
Netflix earnings: Is the streamer’s pandemic party coming to an end? October 20, 2020 Netflix will be in the spotlight after the bell this evening as it publishes its earnings for the third quarter. The streaming giant has had a bumper 2020 so far as millions of people have turned to home entertainment during the coronavirus pandemic. But as competition from rivals heats up and the impact of halted [...]
Top English clubs and JP Morgan ‘in talks’ over $6bn European super league October 20, 2020 US banking giant JP Morgan and top-flight English clubs are said to be in talks over a game-changing $6bn (£4.6bn) plot to launch a new Fifa-backed European football league.
Linkedin launches Stories feature in bid to lure in brands October 20, 2020 Linkedin has become the latest social media platform to roll out a Stories feature as it looks to bolster its offering for brands. The professional networking site has rolled out a new function that will allow users to publish photos and videos up to 20 seconds long using the mobile app. The company said the [...]
Zoom and Instagram brand values jump as tech firms get Covid-19 boost October 20, 2020 Zoom, Instagram and Youtube have all swept into the rankings of the world’s 100 most valuable brands for the first time this year as the pandemic sparked a major boost for tech companies. Social media and streaming companies have enjoyed booming demand as millions of people have been forced to stay at home during the [...]
ITV to launch streaming unit and cut London office space in restructuring plan October 20, 2020 ITV is set to launch a new business division focused on streaming and reduce its London office space as part of a restructuring plan aimed at overhauling its business for the on-demand age. The public service broadcaster will establish a new on-demand unit dedicated to ITV Hub and Britbox, its joint streaming service with the [...]
Kantar appoints former Heineken bigwig as new chief executive October 19, 2020 Market research giant Kantar has tapped a former Heineken boss as its new chief executive, marking the first major appointment by new owner Bain Capital. Alexis Nasard, who currently leads Swiss shoemaker Bata, will take over as chief executive on 30 December. He previously served as global chief marketing officer at Heineken and worked for [...]
EU opens probe into Instagram over exposure of children’s data October 19, 2020 The EU has launched an investigation into Instagram over its handling of children’s data following accusations the platform exposed the contact details of millions of under-18s. The Irish Data Protection Commission (DPC) today said it was opening two probes into Facebook, which owns Instagram, over claims that users’ phone numbers and email addresses were made [...]
