Huawei poses a risk to national security and should be banned, says former spy chief May 16, 2019 Allowing Chinese tech firm Huawei to participate in the UK’s 5G network poses an unnecessary risk to national security, the former head of MI6 has warned. Sir Richard Dearlove has called for a total ban on Huawei, warning that no Chinese company could be free from the influence of the communist state. Read more: Huawei [...]
French ride-hailing app Kapten puts Uber in its sights as it launches in London May 16, 2019 French ride-hailing app Kapten has taken a swipe at Uber after launching in London this morning. Read more: Uber IPO: Shares slide again on second day of trading The private-hire vehicle company, formerly called Chauffeur Prive, has set up shop in the capital after winning approval from Transport for London. The firm, which is backed [...]
Burberry shares fall as transformation plan takes toll on growth May 16, 2019 Shares in Burberry fell 4.5 per cent this morning after the firm posted broadly flat revenue and profit in the first year of its major transformation plan. Read more: Burberry keeps momentum from China despite trade war fears The figures Revenue remained broadly flat at £2.72bn for the year to the end of March. Pre-tax profit [...]
Trump pardons ex-media mogul Conrad Black after flattering biography May 16, 2019 Donald Trump has pardoned ex-media mogul and convicted fraudster Conrad Black just a year after he penned a flattering biography of the US President. Black, the former owner of the Daily Telegraph, served three-and-a-half years in prison in the US for plotting to embezzle millions of dollars from his newspaper empire. Read more: The i [...]
Sophos shares jump as it grows revenue despite ‘challenging’ year May 16, 2019 Shares in cybersecurity firm Sophos soared after it posted double-digit revenue growth for the full year, despite reporting “challenging” trading over the period. Read more: Sophos shares tank on performance warning The figures Revenue rose 11.2 per cent to $710.6m (£554m) in the year to the end of March. Pre-tax profit hit $53.6m, up from [...]
Commercial radio pulls in record audience as stations snap up top presenters May 16, 2019 Commercial radio stations across the UK reported their highest-ever listener numbers in the first quarter, as they continue to snap up top talent. At least 36.1m people tuned in to commercial radio stations in the first three months of the year, according to new figures from industry body Rajar. Read more: Netflix teams up with [...]
MPs launch probe into reality TV following Jeremy Kyle Show death May 15, 2019 MPs have launched an inquiry into reality TV shows just hours after ITV axed The Jeremy Kyle Show following the death of a guest. The DCMS Committee said it will probe production companies’ duty of care to participants and ask whether enough support is offered both during and after filming. Read more: ITV revenues slip [...]
Huawei snaps up top Sky News journalist as senior spin doctor May 15, 2019 Embattled Chinese tech firm Huawei has hired a veteran Sky News journalist as its new senior spin doctor as it ramps up efforts to quash accusations of spying. Senior Sky News editor Paul Harrison, who previously served as the network’s royal and business correspondent, has said he will join Huawei in a senior communications role [...]
William Hill advert on Tinder banned over link between gambling and sexual success May 15, 2019 A William Hill advert that appeared on dating app Tinder has been banned by the advertising watchdog over concerns it linked gambling to sexual prowess. Read more: Vodafone broadband advert banned by watchdog for misleading consumers The advert, which appeared as a message in the app, offered users the chance to escape the “friend zone” [...]
Trainline owner mulls £1bn sale as IPO plans build up head of steam May 15, 2019 The owner of ticketing firm Trainline is reportedly exploring a sale of the company alongside plans for a £1bn stock market listing. Read more: UK's biggest travel booking app Trainline considers £1bn flotation US investment giant KKR, which has owned Trainline since 2015, has approached a number of private equity groups to gauge interest in [...]