Zoom bug allows hackers to take over webcam and microphone April 1, 2020 Zoom users could have their webcam and microphone taken over by hackers due to security flaws in the popular video conferencing app. A former NSA hacker today revealed two previously undisclosed bugs in Zoom’s software that could allow criminals to hijack a user’s Mac. One bug allows an attacker to inject malicious code into the [...]
Unilever acquires Horlicks brand in India in £397m deal April 1, 2020 Consumer goods giant Unilever has today completed the acquisition of Horlicks and other Glaxosmithkline brands in a £397m deal. The deal will allow Unilever to use the Horlicks brand rights and other GSK Consumer Healthcare nutrition brands in predominantly Asian markets. The company’s listed subsidiary in India, Hindustan Unilever Limited (Hul) also announced today that [...]
Ex-chancellor Alistair Darling calls for coronavirus VAT cut April 1, 2020 Former Labour chancellor Alistair Darling has called for the government to temporarily cut VAT to help people deal with the economic fallout from the coronavirus crisis. Darling, who was chancellor during the 2008 financial crisis, told a virtual Policy Exchange event today that the Treasury had to start doing “things that can be done fairly [...]
Government set to launch coronavirus ‘contact tracking’ app April 1, 2020 The government is gearing up to launch a new app that will alert users if they have come too close to someone who has tested positive for coronavirus. The contact tracking app, which Brits can download on a voluntary basis, will be rolled out either just before or just after the lockdown is lifted, Sky [...]
What is ‘fake’ and what is ‘real’ in financial markets? April 1, 2020 I re-watched the Orson Welles docudrama ‘F for Fake’ the other day. The 1973 film is an exploration of what is fake and what is real in the art world. I was curious to see how it held up in the age of fake news. Well, the movie doesn’t have much to say about fake news, but it does [...]
US stocks tumble as coronavirus fears intensify April 1, 2020 US stocks have fallen after US President Donald Trump’s advisers warned hundreds of thousands of Americans could die from coronavirus and gloominess about the economy spread among investors. The Dow Jones industrial average slid 2.6 per cent in early trading, the S&P 500 dropped 2.8 per cent and the Nasdaq fell 2.1 per cent. The [...]
Mike Ashley’s Frasers Group cuts executive pay amid coronavirus crisis April 1, 2020 Mike Ashley’s Frasers Group, formerly known as Sports Direct, has reportedly agreed to cut executive pay in order to continue to pay shop floor staff during the coronavirus crisis. Members of the retailer’s senior management team have agreed to reduce their basic pay to a maximum of £40,000 per year from May. The reduction will [...]
Study: UK coronavirus cases will decline in coming weeks April 1, 2020 The UK’s coronavirus lockdown measures should “lead to a substantial impact and a decline in cases” in the coming weeks, a new study said. The research by scientists from the London School of Hygiene & Tropical Medicine (LSHTM) concluded that the coronavirus lockdown would help delay the spread of the virus but said there would [...]
Coronavirus: Aerospace giants lobby for Virgin Atlantic rescue deal April 1, 2020 Several members of the UK aviation sector are lobbying the government to support Virgin Atlantic with financial aid through the coronavirus crisis, Sky News reported today. Aerospace giants Airbus and Rolls-Royce have written separately to transport secretary Grant Shapps, as has UK’s biggest airport Heathrow, asking the government to “do all it can to support [...]
Sadiq Khan: Still too many people catching public transport April 1, 2020 Sadiq Khan has hit out at Londoners who are not following the government’s social distancing rules, claiming there are still too many people using public transport. Khan told BBC Radio 4 today that some Tube carriages were still over crowded because “clearly too many people not staying at home”. The government has said that only [...]
