Screenshot: Will workers’ rights put a puncture in Deliveroo’s IPO? March 26, 2021 This week **Media Moment of the Week: Farewell to the real McCoy **Will workers’ rights put a puncture in Deliveroo’s IPO? **A watchdog bares its teeth Media Moment of the Week: Farewell to the real McCoy In a shock bit of transfer news this week, BBC presenter Simon McCoy announced he was leaving the Beeb [...]
Marcus Rashford to hold talks with Deliveroo over workers’ rights March 26, 2021 Marcus Rashford is reportedly set to hold discussions with Deliveroo amid rising concerns about the way the delivery giant treats its workers. Deliveroo has come under scrutiny in recent days after it emerged many of its riders were not earning minimum wage. A string of major investors have also distanced themselves from the company’s blockbuster [...]
China sanctions Tory MPs in Uighur human rights abuse row March 26, 2021 China has imposed sanctions on nine UK individuals — including five Tory MPs — for spreading what it calls “lies and disinformation” about human rights abuses in the country. The Chinese foreign ministry today said it had sanctioned four organisations and nine individuals, including Conservative Party leader Iain Duncan Smith and the party’s Human Rights [...]
Zuckerberg denies Facebook was to blame for Capitol riots March 26, 2021 Facebook boss Mark Zuckerberg has denied his social media site was responsible for the storming of the US Capitol in January, placing the blame instead with former president Donald Trump. Appearing in front of a House committee yesterday, Zuckerberg hit back at suggestions that tech platforms were to blame for allowing the spread of misinformation [...]
Deliveroo float under fire as major investors balk at workers’ rights row March 25, 2021 Deliveroo’s blockbuster stock market float is under pressure after a string of high-profile investors said they will steer clear of the IPO due to the way the company treats its workers. Legal & General Investment Management and M&G today became the latest institutional investors to announce they will not take part in the delivery giant’s [...]
Facebook’s Giphy takeover could harm Gif supply, watchdog warns March 25, 2021 The competition watchdog has given Facebook and Giphy five working days to address concerns their merger could harm the digital advertising market and the supply of Gifs. The Competition and Markets Authority (CMA) today said Facebook’s planned takeover of the popular gif-maker, worth a reported $400m (£320m), could stifle competition. Following an initial investigation, the [...]
Big Tech hearing: Facebook, Google and Twitter face Congress grilling March 25, 2021 The chief executives of Facebook, Google and Twitter will be hauled in front of Congress again this afternoon to face questions about misinformation and extremism on their platforms. Mark Zuckerberg, Sundar Pichai and Jack Dorsey will appear before a virtual joint hearing of two subcommittees of the House Energy and Commerce Committee. It follows a [...]
Johnny Depp loses bid to appeal ‘wife beater’ libel ruling March 25, 2021 Johnny Depp has been refused permission to appeal a High Court ruling that he violently assaulted his ex-wife Amber Heard during their tumultuous relationship. In November a High Court judge ruled against Depp after he sued the Sun newspaper for libel over an article that labelled him a “wife beater”. Lawyers for the Hollywood actor [...]
Ikea and ITV invest in location tech startup what3words March 25, 2021 Ikea and ITV have both thrown their weight behind a startup that has divided the world into three-metre squares each with a unique three-word name to help pinpoint addresses. Ingka Group, the holding company behind the Swedish flat-pack giant, has pumped £12m into what3words, while ITV has taken a minority stake valued at £2m. What3words, [...]
Plus500 appoints former JP Morgan bigwig as new chairman March 25, 2021 Plus500 today said it has appointed the former head of JP Morgan Professor Jacob Frenkel as its new chairman. The online trading platform has proposed for Frenkel to succeed current chair Penny Judd following the company’s annual general meeting on 4 May, subject to shareholder approval. Frenkel has built a reputation as one of the [...]
