Avanti’s deadline closes in on £110m debt February 20, 2022 Satellite operator Avanti Communications is gearing up to repay its $150m (£110m) debt after the struggling broadband provider negotiated an extension. According to the Telegraph, the deadline for repayment is now February 28 after the British satellite communications firm raised millions of pounds in bonds to fund its satellite launches to reach the most remote [...]
Schools sound alarm over ‘Tinder for teens’ app February 20, 2022 Schools and campaigners have warned against a new social media platform, Yubo, which an investigation has shown is exposing children to abuse. The “Tinder for teens” app allows children aged 13 to 17 to match with dates and join video calls of hundreds of people. A Sunday Times investigation found that there was no age [...]
Lufthansa suspends all fights to Ukraine amid invasion fears February 20, 2022 Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow. The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]
‘Leave it alone’: Tory MPs push back against Channel 4 privatisation plans February 20, 2022 Senior Tory MPs have urged the Prime Minister to drop the Channel 4 privatisation push this morning. In a letter to Boris Johnson, the MPs, including former culture secretary Karen Bradley and ex-cabinet minister Damian Green, said that a case for privatisation had not been made and the move would undermine the founding vision of [...]
Coming to America: The Independent thanks US expansion for record revenue February 18, 2022 The Independent delivered record growth this morning, with revenue up 52 per cent over the past two years as the media group drives international expansion. The boom was buffered 96 million monthly visitors across the year, with more than 50 per cent of this coming from outside of the UK. Unlike a lot of editorial [...]
‘A dangerous crossroads’: Gambling industry warns UK against heavy reform as black market swells across Europe February 18, 2022 New data released today has revealed the shocking size of black market gambling across Europe as industry warns the government that it is “at a dangerous crossroads”, urging ministers to “learn lessons from abroad” in its upcoming gambling review. According to research from the Betting and Gaming Council, British punters using unlicensed sites has more [...]
Universal Music agrees partnership to launch NFT fan collection for labels and artists February 17, 2022 Universal Music makes a grand push into NFTs today, agreeing a partnership Curio, the premier Non-Fungible Token (NFT) platform for entertainment brands and musical artists.
Horizon scandal: MPs back sub-postmasters to get ‘full, fair and final compensation’ February 17, 2022 MPs have come out in support of the victims of the Post Office Horizon scandal, calling for full compensation for the sub-postmasters affected.
Virgin Media O2 customers set to face hefty phone bill hike February 17, 2022 Phone bills for Virgin Media and O2 customers are set to rocket as the telecom giants feels the inflation sting. All Virgin Mobile customers will face a 11.7 per cent rise – the 7.8 per cent current rate of inflation as measured by the Retail Prices Index (RPI) plus 3.9 per cent. Meanwhile, only O2 [...]
Westfield extends Disney media collaboration until 2024 February 17, 2022 Westfield have agreed a three-year extension to its long-term collaboration with Disney UK – tying the media company to Westfield London and Westfield Stratford City until December 2024. The new agreement will see 360 integration into Westfield’s media and experiential inventory, including event sponsorship, branded experiences, and co-branded digital and static media, as well as print and digital amplification. [...]
