Ofcom clamp down on fake number fraud November 15, 2022 Phone users will be better protected against scammers using fake phone numbers, under new rules announced today by Ofcom. Scams are a widespread problem – three quarters of people have received a suspicious call or text in the last three months. This represents an estimated 40.8 million adults in the UK. To help combat this [...]
SpaceX snaps up Twitter advertising package in push from Musk November 14, 2022 Elon Musk owned SpaceX has snapped up a Twitter advertising package, as the new ‘Chief Twit’ continues to drive a greater focus on profitability and revenue for the social media firm. In a tweet this morning, SpaceX founder Musk said the firm’s satellite arm Starlink had “bought a tiny – not large – ad package” [...]
Airbus chief: A China-West economic divorce remains unlikely November 14, 2022 The economic relationship between China and the West will never be truly over, Airbus’s chief executive Guillaume Faury has said. According to the chief executive, despite current economic and political tensions, the two blocks are too intertwined to sever all ties, as this would lead to a global economic collapse. “I think a breakup of [...]
S4 Capital revenues jump despite tech slowdown November 14, 2022 Investors in S4 Capital saw a much-needed boost in share price today after the London-listed firm appeared to dodge the wider tech turmoil. The brainchild of WPP founder Sir Martin Sorrell revealed that like-for-like gross profit climbed over 29 per cent to £249.9m in the third quarter, with “whopper” client projects bolstering the company’s results. [...]
UK has too many agencies responsible for fraud, ex-culture secretary says November 13, 2022 The UK needs a more streamlined way to combat fraud instead of relying on the “alphabet soup” of agencies that currently operate, Baroness Nicky Morgan has said. Morgan, a former digital and culture secretary, said the UK is a “world leader” in digital fraud and that there are “far too many agencies and regulators and [...]
Twitter’s blue tick ‘probably’ coming back next week as fake accounts boom November 13, 2022 Twitter’s $8 (£6.99) blue tick feature will “probably” come back at the end of next week, according to chief executive Elon Musk. The serial entrepreneur announced the decision earlier today after being asked about it by Paul Jamil, chief executive of SEO platform Whatsmyserp. Twitter – which announced the paid feature’s introduction days after Musk’s [...]
Exclusive: Closing the gap between stakeholder expectations and corporate behaviour November 13, 2022 City A.M. revealed two weeks ago that six firms agreed to merge into a new stakeholder solutions entity that is backed by Falfurrias Capital Partners. The relatively unusual merger, given that six separate firms managed to reach a merger deal, involved Ballast Research, Hamilton Place Strategies, Flag Media Analytics, alva, Gotham Research Group, and Decode_M. The [...]
Deep dive with DreamWorks’ former CTO: ‘Forget social media, the Metaverse tracks people much more intimately’ November 12, 2022 The novel Snow Crash has had the privilege of coining a term that would later become one of the most important words of the 21st century: metaverse. Google search trend data for the term shows an explosion from relative obscurity with a search volume score of 4/100 in early October 2021, to an all-time global high by search [...]
Commuter fury as Thursday’s tube strike bleeds into Friday with mass disruption November 11, 2022 London commuters expressed fury on social media as the the impact of yesterday’s Tube strike continued into Friday with severe delays and suspensions across the whole network. The Bakerloo and Piccadilly lines reopened following both partial and total suspensions, but still experience delays. Delays are also present on the Circle, District, Hammersmith & City as [...]
Sam Bankman-Fried: ‘I clearly failed, and I’m sorry’ November 10, 2022 Sam Bankman-Fried - CEO of collapsed cryptocurrency exchange FTX - has offered a profuse apology for the spectacular failure of his company.