More than 40,000 BT workers will strike at the end of the month July 18, 2022 BT workers will go on strike on the 29 July and 1 August, the Communication Worker Union (CWU) have confirmed. Announcing the news this afternoon, the union said action may cause “significant issues” for remote workers and would have a “serious effect” on the roll-out of ultra-fast broadband. CWU general secretary Dave Ward said in [...]
Musk’s $44bn u-turn on Twitter hits City advisor fees hard July 14, 2022 Twitter and Elon Musk’s financial advisors could lose big bucks after the eccentric entrepreneur walked away from the $44bn mega deal. According to an earlier regulatory filing, the social media firm’s financial advisors Goldman Sachs and JP Morgan Chase could have nabbed fees totalling to $133m, while Refinitiv suggested that Morgan Stanley and the other [...]
UK data watchdog plots regulation that cuts shackles of the EU regime July 14, 2022 The UK's data protection watchdog laid out its three-year strategy to safeguard the information rights and depart from the shackles of the EU's GDPR framework.
Playtech plunges after Hong Kong bidder backs out July 14, 2022 Playtech said Hong-Kong firm TTB remains supportive of the board despite failed takeover talks because of "challenging underlying market conditions".
Twitter faces major outage as users get locked out of accounts July 14, 2022 Thousands are reporting an outage on Twitter, with users being locked out of accounts. According to stats collected by DownDetector, issues first began to appear at around 12.55pm on July 14. The site showed that 50 per cent of users were experiencing problems, while 42 per cent are having trouble with the app. Users were [...]
Ericsson confirm US authorities are still investigating possible ISIS payments as firm posts mixed bag results July 14, 2022 Ericsson confirmed that US authorities are still investigating possible payments to Islamic State (ISIS) by the company in Iraq. Posting half year results this morning, President and CEO of Ericsson Börje Ekholm said: “We continue to engage with the Department of Justice and the Securities and Exchange Commission in relation to the 2019 Iraq investigation [...]
Kevin Spacey pleads not guilty to accusations of sex offences July 14, 2022 Kevin Spacey pleaded not guilty to accusations of sex offences dating back almost 20 years in a London court on Thursday.
Netflix and ads: Streaming giant teams up with Microsoft to launch cheaper subscription plan July 14, 2022 Netflix announced a partnership with Microsoft late yesterday to introduce a “lower priced ad-supported subscription plan” to drive down its prices. The advert option will be an “addition” to the existing plans and will not feature on all offers. The streaming giant has not said how much the reduced package will cost, but comes after a [...]
Mixed reviews: Government puts brakes on Online Safety Bill as parliamentary schedule squeezed July 14, 2022 The government have delayed the remaining stages of the Online Safety Bill after the turbulence at Number 10 has squeezed parliamentary calendars.
Severn Trent on track for targets just months after launching affordability scheme for struggling Brits July 14, 2022 Water supply Severn Trent said it was enjoying a good start to the year operationally and said it expects at least £50m in customer outcome delivery incentives (ODI) outperformance payments in FY23.
