Euromoney share price drops on ‘challenging’ quarter July 17, 2019 Shares in media group Euromoney fell more than three per cent this morning after it warned of challenges in its asset management division. Read more: Daily Mail shares jump following Euromoney shareholder giveaway The business and finance publication posted revenue of £112m for the three months to the end of June, up marginally on £108m [...]
Revealed: The 25 most influential people on the internet July 17, 2019 US President Donald Trump, the Duke and Duchess of Sussex and an egg have been named among the most influential people on the internet. Read more: Internet meme queen Grumpy Cat dies aged 7 The eagerly-anticipated list, compiled by Time Magazine, revealed an eclectic mix of celebrities, royals, politicians and foodstuffs that have dominated the [...]
Talktalk holds guidance as full-fibre demand boosts revenue July 17, 2019 Broadband provider Talktalk today said its first quarter trading was in line with expectations, as growing demand for high-speed internet boosted sales. The telecoms firm posted a 1.3 per cent rise in revenue to £387m in the three months to the end of June, and said its full-year guidance remains unchanged. Read more: Talktalk narrows [...]
Ericsson quarterly profit meets expectations as 5G rollout picks up pace July 17, 2019 Ericsson has posted second-quarter profit in line with expectations and said it was on track for the full year as it looks to expand its 5G rollout. Read more: UK’s approach to Huawei makes no sense, warns Ericsson boss The Swedish telecoms firm posted a 10 per cent rise in net sales to 54.8bn Swedish [...]
Kicking up a fizz: Aldi champagne advert banned after Tesco complaint July 17, 2019 The advertising watchdog has banned an advert promoting Aldi’s own-brand champagne after Tesco complained it was misleading. Read more: TfL revises junk food ad ban after rules spark confusion In the advert, the German discount supermarket claimed customers could save 45 per cent on a selection of products when compared to rival Tesco. The products [...]
UK marketing budgets stall as political uncertainty hits brands July 17, 2019 UK marketing budgets flatlined in the second quarter, as growing uncertainty reversed a surprise ad spend boost at the start of the year. Figures released by the Institute of Practitioners in Advertising (IPA) revealed marketing budget growth stalled in the three months to the end of June, with businesses adopting a more cautious approach to [...]
Massive airport email scam blocked by UK spooks July 16, 2019 An attempt to scam hundreds of thousands of people using a spoof UK airport email address was one of a string of major cyberattacks prevented by spooks last year. Criminals sent more than 200,000 emails impersonating an airport from a fake gov.uk address last August in a bid to defraud people, but the messages were [...]
Advertising data platform Near raises $100m to fuel global expansion July 16, 2019 Advertising tech platform Near has secured $100m (£80m) in funding from a London-based private equity firm as it looks to expand its global presence. Read more: Competition watchdog launches probe into tech giants over digital advertising dominance The Singapore-headquartered ad firm said its new funding round, which comes from Greater Pacific Capital (GPC), will also [...]
Google employee who led walkout leaves firm following retaliation claims July 16, 2019 Google employee Meredith Whittaker, who led global staff walkouts over the tech giant’s sexual harassment policy, has left the company following allegations of a backlash against the protest’s organisers. Read more: Google workers listen in on private conversations via smart speakers Whittaker, who specialised in AI and founded the company’s Open Research Group, was a [...]
Community Fibre bags £50m funding boost for London broadband rollout July 16, 2019 London-focused full-fibre broadband company Community Fibre has secured an additional £50m of funding to support its rollout in the capital. Read more: BT may cut dividend to fund full-fibre rollout Community Fibre said the backing, which comes from its two institutional investors, RPMI and Amber Infrastructure, will accelerate its ambition of reaching 500,000 homes. The [...]