British music exports hit record high as big hitters dominate charts July 20, 2022 The value of British music exported overseas has hit a new annual high, up 13.7 per cent to £590.8m in 2021.
Netflix loses nearly a million subscribers as the tumbling user count continues July 19, 2022 Netflix has lost nearly a million subscribers this quarter as the tumbling user count continues for the streaming giant. Announcing its second quarter results, the company said subscribers dipped by 970,000 April through June. The good news for Netflix was that the fall wasn’t as deep as first predicted back in April, and shares jumped [...]
Twitter v Elon Musk: Takeover trial fast-tracked to October July 19, 2022 Twitter's attempt to force Elon Musk to complete his $44bn takeover has been fast-tracked to October, with the social media titan arguing that any further delay would cause damage to the business.
Netflix confirms new account sharing charges as all eyes fall on quarterly results and subscriber numbers July 19, 2022 Netflix confirmed reports that it will charge users extra if they use accounts at multiple locations as the firm cracks down on password sharing.
Royal Mail faces biggest strike of the summer as 115,000 posties gear up for action July 19, 2022 Royal Mail workers have voted in favour of strike action, the Communication Workers Union (CWU) confirmed this afternoon. Over 80,000 Royal Mail workers took to the ballot, with 97.6 per cent voting in favour of action on a 77 per cent turnout. The announcement means that Royal Mail now faces the biggest strike of the summer, with [...]
Amazon files lawsuit against 10,000 Facebook groups as battle with fake reviews continues July 19, 2022 Amazon has filed a lawsuit against more than 10,000 Facebook groups this morning in an attempt to crack down on fake reviews.
Google could face £920m in damages as class action gets green light July 18, 2022 The UK competition tribunal gave group action against Google the green light today, which could cost the tech giant as much as £920m in damages if successful.
Win for Facebook: Judge orders UK competition watchdog to revisit Meta Giphy sale July 18, 2022 Judges have called on the UK competition watchdog to revisit its ruling on the Competition and Markets Authority's (CMA) ruling that Meta should sell Giphy.
Royal Mail tells Ofcom to rethink parcel tracking rules as firm faces strikes and target woes July 18, 2022 Royal Mail has urged Ofcom to rethink its decision to block the company from tracking packages under the Universal Service Obligation (USO) rules as strike action and delivery pressures loom.
Streaming subscriptions continue to dwindle as Brits feel the pinch July 18, 2022 The downward spiral for streaming continues this quarter as more and more Brits cancel their subscriptions.
