Petra Diamonds posts sparkling revenue as demand and price surge April 20, 2022 Revenue was up 33 per cent to $140.6m for Petra Diamonds, as the price of diamonds spike by over 30 per cent from 2021.
Netflix shares tumble as streaming giant loses 200k subscribers April 20, 2022 Netflix reported a loss in subscribers for the first time, down 200,000 subscribers, citing inflation, emerging competition from the likes of Disney+ and Amazon, as well as the Ukraine war as contributing factors.
Twitter for sale? Private equity giant Apollo joins bid for social media firm April 19, 2022 Private equity powerhouse Apollo is participating in a bid for Twitter as the hostile takeover by Elon Musk lingers on.
Deliveroo bosses face prison sentences following worker status abuse April 19, 2022 Two former Deliveroo bosses were handed suspended one-year prison sentences by a French court this morning after abusing the freelance status of riders working for the takeaway delivery firm. They were also fined €30,000, with the company receiving the maximum penalty of €375,000. A Deliveroo spokesperson said that whilst it “categorically rejects this judgement”, they [...]
Exec producer behind infamous Prince Andrew interview Stewart Maclean named Newsnight editor April 19, 2022 The BBC has named the executive producer behind the infamous 2019 Prince Andrew interview Stewart Maclean as the new Editor of Newsnight.
Trump’s Truth Social crashes once again as former President’s app struggles to gain momentum April 19, 2022 Donald Trump's social media app Truth Social continues to disappoint fans who hoped it would “create a rival to the liberal media consortium and fight back against the “Big Tech” companies of Silicon Valley.”
Next generation could spend 10 years in metaverse as industry booms April 19, 2022 The next generation could spend up to 10 years in virtual realities over the course of their lifetime, new research has revealed.
Apple faces union challenge amid Amazon’s warehouse success April 19, 2022 Following Amazon's lead, workers at Apple's Grand Central Station store in New York are gearing up to start a union.
Commuter belt office space surges in popularity as workers flex hybrid options April 19, 2022 The commuter belt has become the new worker hub as people opt for co-working spaces rather than longer commutes. New data from office space provider IWG, which manages brands Regus and Spaces, found that there was a 91 per cent rise in attendance in Maidenhead in March compared with the month before. Meanwhile, homely towns like Hemel Hempstead [...]
Millions of Brits cancel streaming services as cost of living crunch sets in April 19, 2022 More than 1.5 million people have cancelled streaming platform memberships in the first quarter of 2022, as the cost of living crunch closes in on entertainment firms.
