UK average broadband speeds rise by a fifth to hit superfast level May 8, 2019 Average broadband speeds in UK households have jumped 20 per cent over the last year, according to new figures from Ofcom. The regulator said average speeds have passed the 50Mbps mark – one of the most commonly-available levels of superfast broadband – for the first time, after an 18 per cent surge to 54.2Mbps. Read [...]
Watchdog bans Paddy Power ‘anti-loyalty’ ad starring Ryan Giggs’s brother May 8, 2019 The advertising watchdog has banned a Paddy Power advert starring the brother of former Manchester United footballer Ryan Giggs over complaints it glamourised gambling. The TV campaign, which promoted the betting firm’s rewards scheme, featured Rhodri Giggs in a pub and later driving a sports car. Read more: Vodafone broadband advert banned by watchdog for [...]
Hackers steal $41m in bitcoins from crypto exchange Binance May 8, 2019 Hackers have stolen bitcoins worth roughly $41m (£31m) from cryptocurrency exchange site Binance, the company said today. Read more: Bitcoin price gains continue as it jumps to six-month high Binance said hackers had withdrawn 7,000 bitcoins in a single transaction after using techniques including phishing and viruses as part of a coordinated large-scale security breach. [...]
ITV revenues slip ahead of Britbox launch as strain on advertising continues May 8, 2019 Shares in ITV fell more than five per cent after it posted a slip in revenues for the first quarter, as economic uncertainty and lower demand for advertising continue to take their toll. Read more: ITV and BBC announce online streaming service to rival Netflix The figures Total external revenue fell four per cent to [...]
ITV revenues slip ahead of Britbox launch as strain on advertising continues May 8, 2019 Shares in ITV fell more than five per cent after it posted a slip in revenues for the first quarter, as economic uncertainty and lower demand for advertising continue to take their toll. Read more: ITV and BBC announce online streaming service to rival Netflix The figures Total external revenue fell four per cent to [...]
US secretary of state Mike Pompeo to issue Huawei warning during UK visit May 8, 2019 US secretary of state Mike Pompeo is expected to warn Prime Minister Theresa May against allowing Huawei to build the UK’s 5G network during a meeting in London today. Pompeo is holding talks with May and foreign secretary Jeremy Hunt, and will make a speech on foreign policy ahead of US President Donald Trump’s state [...]
Vodafone Australia and TPG shares crash after regulator blocks merger in website blunder May 8, 2019 Australia’s competition regulator has blocked a proposed AU$15bn (£8.1bn) merger between TPG Telecom and Vodafone Australia after a botched announcement that sent shares crashing. The Australian Competition and Consumer Commission (ACCC) last year launched a probe into the planned deal, warning it may harm competition in the country’s telecoms market, and was due to publish [...]
Government’s digital identification system Verify is ‘failing users’ May 8, 2019 The government’s flagship digital identification programme is failing users and has not delivered value for money, according to a damning new report. The Public Accounts Committee (PAC) has slammed the Verify programme, which it said has been hampered by a catalogue of problems and has failed to deliver the benefits originally promised. Read more: "Grave [...]
Government’s digital identification system Verify is ‘failing users’ May 8, 2019 The government’s flagship digital identification programme is failing users and has not delivered value for money, according to a damning new report. The Public Accounts Committee (PAC) has slammed the Verify programme, which it said has been hampered by a catalogue of problems and has failed to deliver the benefits originally promised. Read more: "Grave [...]
Axel Springer profits plunge as it looks to refocus on classifieds business May 7, 2019 German media group Axel Springer has posted a sharp drop in first-quarter profits, as strong trading in its online classifieds business failed to offset a decline in news media. Read more: Virgin Media grows customer base amid superfast broadband rollout The figures Net profit dropped by 35 per cent to €55.4m (£47.4m) in the first [...]