Trump issues ban on Alipay in latest China crackdown January 6, 2021 US President Donald Trump today stepped up his campaign against Chinese businesses, banning transactions with eight apps including Alipay. The new executive order is aimed at curbing the alleged threat to Americans posed by Chinese software companies that have access to personal data. The order states that the US must take “aggressive action” against Chinese [...]
Former City banker Richard Sharp ‘to be appointed’ as new BBC chair January 6, 2021 The government is reportedly poised to name former Goldman Sachs banker Richard Sharp as the new chair of the BBC. Ministers will this week announce that Sharp has been appointed to succeed Sir David Clementi at the helm of the broadcaster, Sky News reported. The appointment, which is made by the government rather than the [...]
Striking a chord: Hipgnosis buys half of Neil Young’s song catalogue January 6, 2021 Hipgnosis has snapped up the rights to Neil Young’s catalogue of songs as it ploughs ahead with its musical acquisition spree. The London-listed firm has taken a 50 per cent stake in the Canadian rock ‘n roll star’s portfolio of 1,180 tracks. Hipgnosis did not disclose the value of the deal, but industry experts have [...]
Richard Sharp: Who is the surprise new frontrunner for the BBC top job? January 6, 2021 Speculation over the top contenders for the BBC chairmanship has been rife in recent weeks, with a string of well-known names entering (and exiting) the fray. But the race was this week thrown wide open after it emerged a relatively unknown candidate had emerged as the new frontrunner Richard Sharp, a multi-millionaire former Tory party [...]
Informa profit plunges as pandemic shutters events January 6, 2021 Events group Informa forecast a plunge in profit in 2020 as the coronavirus pandemic brought the events industry to its knees. The FTSE 100 firm, which is the world’s largest exhibitions group, said it expected adjusted operating profit in the range of £250 and £270m. This is down from £933m in 2019. Revenue is set [...]
UK supermarkets secure best Christmas on record as online sales double January 6, 2021 Online share of UK grocery sales doubled in December, helping to drive supermarkets to their biggest Christmas on record. A total of 8.5m households shopped for their Christmas groceries online this year, up almost 3m compared to last year and equating to roughly a third of all UK households. This pushed total spend at UK [...]
UK on course for double-dip recession amid lockdown ‘gloom’ January 6, 2021 The UK is on course for a double-dip recession as a fresh lockdown compounds the “strikingly downbeat” end to 2020, according to a new report. After the sharpest decline in history in the second quarter last year, indicators showed economic activity improved only slightly in the last three months of the year and remained well [...]
More than 80,000 UK-run websites suspended due to Brexit January 5, 2021 Over 80,000 UK-run websites have been plunged into a blackout following a culling of EU domain names after Brexit. EURid, which manages the European Union domain name, has suspended the .eu websites under new rules that came into force on 1 January. The stringent new regime means that all existing UK-registered .eu domains have been [...]
Police issue warning over scam Covid-19 vaccine text message January 5, 2021 Police have issued an urgent warning over a scam text message telling Brits they are eligible to apply for the Covid-19 vaccine. The fake message, which purports to come from the NHS, reads: “We have identified that your [sic] are eligible to apply for your vaccine.” It then prompts recipients to click on a link [...]
Ticketmaster handed $10m fine for hacking into rival company January 5, 2021 Ticketmaster has been slapped with a $10m (£7.4m) fine after it was charged with repeatedly hacking into the computer systems of a rival company. In court documents filed last week, the Department of Justice (DoJ) said several Ticketmaster employees used stolen passwords to access confidential information in a bid to “choke off” competition from a [...]
