Evening Standard appoints media veteran Charles Yardley as new chief executive June 3, 2020 The Evening Standard today said it has appointed veteran media executive Charles Yardley as its new chief executive following the surprise departure of Mike Soutar. In April the London newspaper said Soutar would step down at the end of May after just six months in the role, citing the boss’ decision to “pursue other business [...]
Zoom revenue surges as video conferencing app cashes in on Covid-19 June 3, 2020 Zoom has reported a huge surge in revenue for the first quarter as the video conferencing app enjoys booming demand during the coronavirus lockdown. The California-based company posted revenue of $328.2m (£260.8m) in the first three months of the year, an increase of 169 per cent on the same period in 2019. Zoom also lifted [...]
Eurozone unemployment creeps up in April amid Covid-19 lockdown June 3, 2020 Eurozone unemployment hit 7.3 per cent in April as the coronavirus crisis took its toll on economies across the bloc. The figure was an increase on the 7.1 per cent unemployment rate recorded in March but was below forecasts of 8.2 per cent. The EU unemployment rate was 6.6 per cent in April, up from [...]
US senator: China using Huawei to ‘drive wedge’ in UK-US relationship June 3, 2020 China is using telecoms giant Huawei to “drive a hi-tech wedge” into the special relationship between the UK and the US, a top US senator told MPs yesterday. Republican Tom Cotton is a vocal critic of Huawei and is part of a group of US senators who have urged Britain to reverse its decision to [...]
Nissan: Sunderland plant still under threat from no-deal Brexit June 3, 2020 Nissan’s Sunderland plant will be “unsustainable” if the UK leaves the EU without a trade deal, the car manufacturer has said. Global chief operating officer Ashwani Gupta said the EU was the factory’s biggest customer and Nissan could not maintain its commitment if there were no tariff-free access to the trade bloc. The Japanese car [...]
Social media influencers attract a quarter of online ad complaints June 3, 2020 Influencers were responsible for a quarter of all complaints about online adverts last year amid a crackdown on brand promotions on social media. The Advertising Standards Authority (ASA) received more than 4,400 complaints last year about 3,670 ads that used social media influencers. The figure represents more than a quarter of all complaints for online [...]
Facebook launches new tool to help users hide old posts June 2, 2020 Facebook has today launched a new tool designed to help users hide old posts that could harm their job prospects. The new privacy tool, labelled Manage Activity, will allow Facebook users to either hide certain posts from public view and store them in an archive or remove them from the site completely. “Whether you’re entering [...]
Facebook blasted by civil rights leaders over Donald Trump riot post June 2, 2020 Facebook has been accused of setting a “dangerous precedent” after refusing to remove a post from US President Donald Trump that has been widely condemned for inciting violence. Trump’s post, which referred to protests against the killing of George Floyd in police custody last week, was flagged by Twitter for “glorifying violence”. But Facebook boss [...]
Spectator to return furlough money as sales hit 87,000 June 2, 2020 The Spectator today said it will return the money it used to furlough staff to the government after a rise in sales helped bolster the company’s balance sheet during the Covid-19 crisis. The weekly magazine said that while it had suffered a hit to revenue from advertising, events and newsstand sales as a result of [...]
Times Radio adds Mariella Frostrup to line-up as it unveils launch date June 2, 2020 Times Radio today added veteran broadcaster Mariella Frostrup to its roster of presenters as it revealed the new talk radio station will hit the airwaves on 29 June. Former BBC Radio 4 presenter and TV regular Frostrup will host afternoon shows on Monday to Thursdays, while 5 Live veteran Phil Williams will present evening shows [...]