Kantar boss ousted ahead of departure as Bain lays down the law February 17, 2020 Kantar chief executive Eric Salama has been ousted just months ahead of his planned departure as new owner Bain Capital turned its fire on the market research firm’s long-serving boss. Salama announced in December that he would step down from the company in 2020, citing “personal priorities” after he was stabbed in an attack in [...]
Trump issues fresh warning over ‘untrustworthy’ Huawei February 17, 2020 US President Donald Trump has launched a fresh attack on Huawei, warning his country could cut intelligence sharing with any ally that cooperates with the Chinese tech firm. Trump told the US ambassador to Germany Richard Grenell that “any nation who chooses to use an untrustworthy 5G vendor will jeopardise our ability to share intelligence [...]
Times Radio poaches veteran BBC presenter John Pienaar February 17, 2020 Times Radio has hired veteran BBC journalist John Pienaar, marking the nascent radio station’s first major poach from the embattled public service broadcaster. Pienaar, who is currently deputy political editor of BBC News, today confirmed he will join Rupert Murdoch’s new venture as drive time presenter. Times Radio, which will launch later this year, is [...]
Barclays boss Jes Staley ‘ready to talk to FBI’ about Jeffrey Epstein February 16, 2020 Barclays chief executive Jes Staley is ready to tell US authorities everything he knows about Jeffrey Esptein following revelations that British regulators are probing his links with the paedophile financier. Lawyers for Epstein’s victims have urged the banking boss to speak with the FBI and hand over any information he has on his former client. [...]
Times Radio circles BBC stars ahead of hiring spree February 16, 2020 Times Radio is said to be making generous offers to some of the BBC’s biggest stars as Rupert Murdoch’s new radio venture looks to lure in top talent. The station, which will launch later this year, is in talks with Radio 4 Any Questions host Chris Mason and has approached Today programme frontman Nick Robinson, [...]
Business group guru John Longworth plots new pro-Brexit rival to CBI February 16, 2020 Former British Chambers of Commerce (BCC) chief John Longworth is said to be plotting the launch of a new business lobby group to take on the CBI. Longworth left the BCC in 2016 shortly after the organisation suspended him for saying the UK’s future could be “brighter” outside the European Union. A new group would [...]
Youtube TV withdraws from App Store in blow to Apple February 16, 2020 Youtube TV is set to become the latest subscription service to cut ties with Apple’s App Store amid complaints about the hefty fees charged by the tech giant. The TV streaming service last week told customers that from next month it will no longer accept payments through Apple in-app purchases. The iPhone maker takes a [...]
BBC radio stations under threat as No 10 vows to scrap licence fee February 16, 2020 The BBC could reportedly be forced to sell off the majority of its radio stations as the government looks to overhaul the broadcaster and “prune” back its services. Senior aides to the prime minister told the Sunday Times that they were “not bluffing” about plans to scrap the licence fee and make viewers pay a [...]
US hits Huawei with fresh charges over alleged trade secret theft February 13, 2020 The US has ramped up its attack on Huawei, filing a raft of new charges against the embattled Chinese tech giant on allegations of stealing trade secrets. In a 16-count indictment published today, the Justice Department accused Huawei of stealing technology from six unnamed American companies. The fresh accusations come alongside raft of other charges [...]
Tesla shares rise as it unveils plan for $2bn stock issue February 13, 2020 Shares in Tesla rose this afternoon after the electric car maker said it would raise roughly $2bn (£1.5bn) by issuing new stock. Idiosyncratic chief executive Elon Musk will personally purchase up to $10m of shares in the new offering, while Oracle founder Larry Ellison, who sits on Tesla’s board of directors, will also buy up [...]