Tech giants urged to pre-screen content to stop child sexual abuse March 12, 2020 Tech giants should be forced to pre-screen all content uploaded to their platforms in a bid to stem the “explosion” of online child sexual abuse, an inquiry has found. In a damning report published today the Independent Inquiry into Child Sexual Abuse (IICSA) said tech giants had failed to do everything they could to prevent [...]
BBC could take pensioners to court over licence fee evasion March 12, 2020 Pensioners could be hauled in front of a judge amid an ongoing row over payment of the BBC licence fee, the broadcaster’s director general has said. Lord Tony Hall today admitted that some people in their 80s and 90s could be taken to court if they fail to pay the £157.50 charge. Speaking during a [...]
Disney shareholders approve executive pay despite backlash March 11, 2020 Disney has fended off a shareholder revolt over executive pay after a slim majority of investors approved the company’s controversial remuneration plan. A vote on executive compensation, which included outgoing boss Bob Iger’s $47.5m (£37m) pay packet for 2019, passed with 53 per cent of votes at the media giant’s annual general meeting today. Disney [...]
Budget 2020: What does the Red Box mean for UK tech firms? March 11, 2020 Chancellor Rishi Sunak today unveiled a raft of new fiscal measures as he vowed to deliver on the government’s promise of “levelling up” the UK. Sunak, who took over at No 11 just a month ago, put the coronavirus front and centre of his new policies as the number of cases continues to rise. But [...]
Kin and Carta loss widens as acquisition costs weigh March 11, 2020 Digital transformation firm Kin and Carta today reported a wider loss as acquisition and restructuring costs weighed on growth. The London-based firm posted a pre-tax loss of £5.9m in the six months to the end of January, compared to a £1.6m loss the year before. Like-for-like revenue also slipped 0.5 per cent to £89.6m over [...]
Kantar snaps up digital consultancy Mavens of London March 11, 2020 Market research firm Kantar today said it has acquired digital consultancy Mavens of London as new owner Bain Capital continues to overhaul the business. Mavens, which was founded in 2009, provides research services for marketers, using data to help marketers optimise their digital search and content strategies. Kantar said the takeover would bolster its existing [...]
Budget 2020: Government confirms £5bn broadband boost March 11, 2020 Chancellor Rishi Sunak today confirmed that the government will pump £5bn into its plan to roll out full-fibre broadband across the UK. The broadband pledge formed a major part of the Conservatives’ election manifesto as part of its promise to “level up” the UK. Prime Minister Boris Johnson last year laid out an ambitious pledge [...]
Budget 2020: Chancellor introduces digital services tax March 11, 2020 Chancellor Rishi Sunak today confirmed the introduction of a digital services tax as the government looks to ensure tech giants pay their fair share of tax. The new tax, which will come into force from 1 April, will charge two per cent levy on sales for certain digital businesses. The move is set to raise [...]
Budget 2020: Chancellor scraps VAT on digital publications March 11, 2020 Digital publications will no longer be liable to VAT charges under new measures outlined by chancellor Rishi Sunak today. In his inaugural Budget speech, Sunak said the so-called reading tax will be abolished from 1 December. This means that any digital publication, including books, newspapers, magazines and academic journals, will no longer be charged VAT. [...]
Budget 2020: Chancellor overhauls entrepreneurs’ relief in tax break shake-up March 11, 2020 The government today said it will overhaul entrepreneurs’ relief, but stopped short of abolishing the tax break completely. Entrepreneurs’ relief is designed to encourage people to start their own business by granting them a reduced rate of 10 per cent capital gains tax. However, Sunak said the system, which costs the taxpayer £2bn per year, [...]
