Puma, Adidas, Microsoft and Ford join Facebook boycott June 30, 2020 Major global brands have joined a long list of companies that have withdrawn adverts from Facebook amid mounting pressure for the social media site to remove harmful and false content. Sportswear giants Puma and Adidas joined a raft of almost 200 major companies around the world including Reebok, Coca-Cola, and Starbucks, that have signed up [...]
Facebook launches campaign to help Brits spot fake news June 30, 2020 Facebook has today unveiled a new campaign to help users identify misinformation online, as it handles an ongoing boycott of advertising on its platform by major companies. The ads will ask users to consider the source of the news they’re looking at, whether it’s truthful or balanced and what they felt when they saw it. [...]
Reddit bans long-running Trump fan forum ahead of US election June 29, 2020 Reddit has banned a long-running subreddit channel that supports US President Donald Trump, as US media firms crack down on online hate speech and disinformation in the run up to the presidential election. Reddit has banned its r/The_Donald political hub, along with more than 2,000 other subreddit groups, after the group continued to promote violence, [...]
Advertising boycott dents Facebook shares as campaign gathers steam June 29, 2020 Facebook is facing another day of difficulty on Wall Street, as investors baulk at the growing list of major companies boycotting advertising on its platform. Shares in the tech giant plunged more than eight per cent last Friday, as top advertisers paused ad buying on the platform over concerns about misinformation and hate speech. As [...]
‘Subscription box economy’ helps to fuel parcel delivery surge June 24, 2020 “Just a second, I need to get to the front door – a delivery’s just arrived”: it’s become as familiar a scenario during a Zoom call as someone forgetting that they’re on mute. The sound of doorbells ringing as packages are deposited on doorsteps, with delivery drivers dutifully stepping two metres back, has become a [...]
Unilever to invest €1bn in climate-focused fund June 14, 2020 Consumer giant Unilever will today reveal a dedicated fund to combatting climate change, with a total investment of €1bn to be spent over the next decade. The investment will be made across all of its brands, which include household names such as Ben & Jerry’s, Knorr and Vaseline. Named the Climate and Nature Fund, Unilever [...]
Brexit vs. Business: Thanks to Covid-19, we’ll never know who was right June 12, 2020 Let’s start with some good news: Unilever has put its faith in Britain. The Dutch-Anglo consumer goods giant, owner of iconic brands from PG Tips to Marmite, announced on Thursday that it was unifying under its UK listing. How times have changed. A mere 18 months ago, Unilever was trying to move its headquarters to [...]
The City View: How the City is coping with economic shockwaves and political upheaval, with Iain Anderson June 12, 2020 In this episode Christian talks to top City lobbyist Iain Anderson, Executive Chairman of Cicero AMO, about how businesses have responded to the Coronavirus crisis and the huge economic and political disruption it has caused. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS From concerns over trade to worries about the lockdown, businesses have had to adapt [...]
New poll finds Brits turn away from city life as attraction wanes June 12, 2020 There could be a dramatic shift in working life as cities become less attractive to Britons, a new poll has found. In an online survey by Ipsos Mori, 44 per cent of Britons say they expect cities to become less attractive places to live in the next few years. Just 19 per cent say their [...]
Marmite lovers outraged at widespread lack of supply June 11, 2020 Some people love it, others hate it. But one thing is for sure: there is not enough Marmite to go around. Unilever, which manufactures the product was forced to admit yesterday that, because of the coronavirus pandemic, the famous spread was in short supply. This is because of widespread shortages of brewers’ yeast, one of [...]