Anti-virus firm Norton taken to court amid competition investigation March 23, 2021 The UK competition watchdog is taking anti-virus software firm Norton to court after it refused to provide information relating to an ongoing investigation. The Competition and Markets Authority (CMA) has identified concerns that Norton’s practices for automatically renewing contracts result in customers paying for services they no longer want or need. It asked the company [...]
Wall Street opens in the red ahead of Fed chair testimony March 23, 2021 Wall Street ticked into the red this morning as energy and travel stocks slipped, while investors awaited remarks from Federal Reserve chair Jerome Powell on the health of the US economy. Powell will join US Treasury secretary Janet Yellen to provide testimony to US politicians in Congress later today. He is expected to say that the [...]
Prince Harry takes executive role at Silicon Valley health startup Better Up March 23, 2021 Prince Harry is said to be taking up a senior role at a Silicon Valley health startup as the outspoken royal taps into new business ventures. The Duke of Sussex will become chief impact officer of Better Up, a San Francisco-based firm specialising in coaching and mental health, the Wall Street Journal reported. “I intend [...]
Citigroup enforces Zoom-free Fridays in wellbeing push March 23, 2021 Citigroup workers will be spared from Zoom meetings on Fridays as part of a wellbeing push by the bank’s new boss. In a memo to staff chief executive Jane Fraser said she was introducing the video call veto after it “became apparent we need to combat the ‘Zoom fatigue’ that many of us feel”. Fraser [...]
Amazon to slim down Deliveroo stake after blockbuster float March 23, 2021 Amazon is set to trim down its stake in Deliveroo following the food delivery firm’s blockbuster initial public offering this year. The ecommerce giant plans to sell around 23m shares as part of the stock market debut, allowing it to raise as much as £107m from the deal. Its stake in Deliveroo will be reduced [...]
Time Out ditches plans for London Waterloo market due to pandemic March 23, 2021 Time Out today said it has abandoned its plans to build a food market at London Waterloo due to the impact of the Covid-19 pandemic. The media and hospitality group had been planning to open a new market under the former Eurostar platforms at the central London train station. The project was originally scheduled to [...]
Fraudsters flog vaccines and vaccine passports on dark web March 23, 2021 Unscrupulous scammers are flogging Covid-19 vaccines, vaccine passports and fake negative test results on the dark web as they take advantage of the pandemic. Doses of the Astrazeneca, Sputnik, Sinopharm and Johnson & Johnson jabs are being advertised for sale for as much as $750 (£545). Fake vaccination certificates are also being sold by anonymous [...]
Cineworld confirms May reopening plans as it lines up film deal March 23, 2021 Cineworld today confirmed plans to reopen its 127 venues in the UK in May in line with the government’s roadmap for easing lockdown restrictions. Under current guidelines, indoor socialising and hospitality will resume from 17 May, while the government aims to lift all limits on social contact in June. Cineworld today also said it will [...]
Visa ‘facing US investigation’ over debit card practices March 19, 2021 Visa is said to be facing a regulatory investigation in the US over concerns it is engaging in anti-competitive practices in the debit card market. The US Department of Justice has been looking at whether Visa limited merchants’ ability to route transactions over card networks that are often less expensive, the Wall Street Journal reported. [...]
Entire Pride in London advisory board quits over bullying claims March 19, 2021 All 10 members of Pride in London’s community advisory board (CAB) have resigned, citing a “hostile environment” for volunteers of colour. In an open letter published today, the board members pointed to a culture of “bullying, gaslighting and marginalisation” at the organisation and said they had “no other option” but to step down. They called [...]
