Anti-virus mogul John McAfee charged over crypto fraud March 5, 2021 Controversial anti-virus software mogul John McAfee has been indicted in New York on charges of fraud and money laundering linked to two fraudulent cryptocurrency schemes. The tech millionaire and his bodyguard Jimmy Gale Watson Jr were charged in Manhattan federal court over schemes that promoted the digital currencies to investors. The pair exploited McAfee’s large [...]
Business chiefs urge Boris Johnson to speed up return to office review March 5, 2021 The bosses of some of London’s top businesses have urged Boris Johnson to accelerate a review that will determine when people can return to the office. The government is set to carry out a review of Covid safety measures such as one-metre social distancing and mask-wearing that will pave the way for a return to [...]
Mail on Sunday ordered to publish front-page statement over Meghan Markle privacy case March 5, 2021 The Mail on Sunday must publish a front-page statement about Meghan Markle’s victory in a privacy case against the newspaper, the High Court ruled today. A judge last month ruled that the tabloid had breached the Duchess of Sussex’s privacy and infringed her copyright by publishing extracts of a letter she sent to her estranged [...]
Reddit appoints first chief financial officer amid IPO reports March 5, 2021 Reddit has appointed its first ever chief financial officer amid reports the company is considering a stock market float. The social media site, which has been at the centre of a recent retail trading frenzy, has tapped former Snap executive Drew Vollero to lead its finance team. Vollero, who was Snap’s first chief financial officer [...]
BT boss Philip Jansen ‘gave ultimatum’ over chairman’s departure March 5, 2021 BT chief executive Philip Jansen is said to have given the board an ultimatum over his own future at the company that led to the departure of the chairman this week. Jansen told fellow directors that he was prepared to resign unless the telecoms behemoth replaced Jan du Plessis as chairman, Sky News report. Du [...]
Screenshot: Will nightclubs really reopen in June? March 5, 2021 This week: **Media Moment of the Week: Telly’s still got welly **Will nightclubs really reopen on 21 June? **The BBC turns back time Media Moment of the Week: Telly’s still got welly In the age of Silicon Valley streaming giants and relentless references to “content” and “eyeballs”, it’s easy to forget that TV can, sometimes, [...]
EU set to charge Apple over Spotify music streaming complaint March 4, 2021 The European Commission is said to be on the brink of filing formal antitrust charges against Apple over accusations it distorted competition in the music streaming market. Spotify filed a complaint against Apple in 2019, accusing the tech giant of unfairly restricting rivals to its own Apple Music service and complaining about the company’s 30 [...]
British tech consultancy Capco snapped up in $1.5bn deal March 4, 2021 British tech consultancy Capco has been snapped up by Indian software giant Wipro in a deal worth $1.45bn (£1bn). London-based Capco, whose clients include major names in the financial services industry, employs more than 5,000 consultants and operates in more than 30 locations around the world. Wipro said two firms had “complementary” business models, adding [...]
Jack Dorsey’s Square buys $300m stake in Jay-Z’s streaming firm Tidal March 4, 2021 Mobile payments firm Square has agreed to buy a majority stake in Tidal, the streaming service owned by rapper and producer Jay-Z, for $297m (£212m). Square, which was co-founded by Twitter chief executive Jack Dorsey, said it will pay a mix of cash and stock for the stake, while Jay-Z will join its board of [...]
Apple facing UK competition probe over app store dominance March 4, 2021 Apple is facing a competition probe in the UK over claims the way it treats app developers is “unfair and uncompetitive”. The iPhone maker has been locked in a long-running dispute with app makers including Epic Games, the company behind hit video game Fortnite, over the cut it takes through the App Store and on [...]
