UAE telcos Emirates ups stake in Vodafone December 7, 2022 United Arab Emirates-based Emirates Telecommunications upped its stake in Vodafone to 11 per cent this morning, but dismissed that it would make any grand swoop for the British telecoms firm. Vodafone’s biggest shareholder, once known as Etisalat Group, upped its stake by one per cent, stating that the rationale for investment was “unchanged” from the [...]
BrewDog ad banned for branding beer ‘one of your five a day’ December 7, 2022 A BrewDog advert has been banned by the industry watchdog after it branded beer as “one of your five a day” in a marketing email. The Advertising Standards Authority (ASA) said the claim was misleading, suggesting that consumers could be confused by the messaging. The body of the email featured the heading “FEELING FRUITY” in [...]
Ministers call for clearance personnel on Roman Abramovich-owned Truphone deal December 6, 2022 Ministers have demanded that the German businessman snapping up Roman Abramovich’s British telecoms firm must hire government-cleared security personnel for the deal to be sealed. Business Secretary Grant Shapps said the takeover of the UK firm Truphone could pose a risk to national security, and could lead to disruption of the mobile services sector. Hakan [...]
Morgan Stanley cuts two per cent of jobs in ‘modest’ cull – reports December 6, 2022 Morgan Stanley is set to cut about two per cent of staff according to CNBC sources. It comes after chief executive James Gorman said last week that the investment bank would need to make ‘modest’ job cuts as sluggish markets weigh on profits. “Some people are going to be let go,” Gorman said at the Reuters NEXT conference, [...]
Buzzfeed slashes team by 12 per cent in bid to save cash December 6, 2022 Buzzfeed will cut 12 per cent of its headcount in a desperate push to slash costs in the face of economic uncertainty. In a note written to staff, the firm said revenues had been battered by a “combination of worsening macroeconomic conditions, and the ongoing audience shift to vertical video”. “That requires us to lower [...]
Apple expands DIY repair service to UK December 6, 2022 Apple has expanded its iPhone self-repair service to the UK as Brits hoard their phones for longer than ever before. The tech giant said today that the Self Service Repair is now available in eight European countries, providing repair manuals and genuine Apple parts and tools. The service will apply to iPhone 12 and iPhone [...]
December strikes: Who’s walking out when and how will it affect you? December 6, 2022 December is set to be a month blighted by industrial strife, with everyone from nurses and posties to train drivers and security staff to walk out. With inflation reaching a 41-year high at an eye-watering 11.1 per cent, thousands of workers have voted to down tools and ask for a real-term increase in pay. As [...]
Facebook: We’ll pull US news content if Congress passes law to pay December 6, 2022 Facebook’s parent company Meta has threatened to pull news content from the US if Congress push forward with plans to make the company pay for content. Meta’s head of policy communications, Andy Stone, tweeted the thread, saying that “if Congress passes an ill-considered journalism bill as part of national security legislation, we will be forced [...]
Two in five small theatres could close this Christmas following sales slump December 6, 2022 Two in five small theatres in the UK could face closure as energy costs soar and Christmas sales tank. According to a new study by GoDaddy and the Society of Independent Theatres, three quarters of independent theatres – those with fewer than 300 seats – say their ticket sales have still not returned to pre-Covid [...]
Online safety makes return as concern over fraud adverts mount December 6, 2022 The online safety bill returned to parliament yesterday after five months in limbo and a tide of rallying cries from campaigners. The bill aims to better regulate big tech firms, threatening hefty fines for non-compliance, covering illegal and harmful content, as well as fraudulent advertising. Although consumer group Which? praised the inclusion of online scam [...]
