Bumble tumbles as it misses Wall Street estimates November 10, 2022 Shares in the Bumble tumbled last night after the dating app’s third quarter results fell below Wall Street expectations. Although total revenue increased 16.8 per cent to $232.6m, compared to $199.1m, the dating group failed to rally momentum behind its other apps, including Badoo and Fruitz. The Badoo app and other revenue dropped 10.2 per [...]
British Gas owner Centrica hands £250m to shareholders as profits surge November 10, 2022 British Gas owner Centrica will hand £250m to shareholders as high wholesale prices put the firm on course for massive profits.
Did you watch? Matt Hancock’s frosty jungle debut met with ridicule, disbelief and laughter November 10, 2022 Matt Hancock’s highly anticipated arrival in the jungle was met with a mixture of shock, incredulity and uncontrollable laughter from his fellow I’m A Celebrity… Get Me Out Of Here! campmates. The former health secretary, 44, joined the cast of the ITV reality show on Wednesday, after facing much criticism over his decision from the [...]
If every mistake results in a boycott, firms will stop publishing green promises November 10, 2022 As the famous saying goes, no publicity is bad publicity. However, the emergence of cancel culture – a modern day phenomenon often talked about as a form of boycott – has had a huge influence over the way we think, behave and crucially, communicate. While cancel culture has undoubtedly brought about positive change and social [...]
Facebook and WhatsApp owner Meta cuts 11,000 jobs November 9, 2022 Over 600 UK Meta employees could lose their jobs as the owner of Facebook launches its biggest job cull in history, cutting 11,000 jobs worldwide. In a note published this morning, chief exec Mark Zuckerberg said he would be reducing the global headcount by 13 per cent, regarding it as “some of the most difficult [...]
UK government to examine pros and cons of blockchain technology and NFTs November 9, 2022 The UK government’s Department for Digital, Culture, Media & Sport is accepting evidence for its inquiry into blockchain and NFTs.
Finalist November 9, 2022 Start-up of the Year supported by World Mobile Swash Swash is reinventing data ownership through new incentivisation streams and a collaborativedevelopment framework, governed by the ethos of Web 3. It enables individuals, developers, and businesses to cultivate new realities of data ownership and value creation. It is the largest data unionin the market with over [...]
Double-digit growth for ITV Studios saves the day November 9, 2022 ITV appeared to survive its own bush tucker trial this quarter, with its studios arm saving the day with double-digit growth. I’m a Celebrity maker delivered a 16 per cent boost in revenue to £1.4bn, as ITV Studios continues to grow ahead of the market with a roster of big-hitters, like Love Island. Although total [...]
Matt Hancock arrives in the jungle: ‘No, I don’t expect to serve in government again’ November 9, 2022 Former health secretary and West Suffolk MP Matt Hancock said he had received a lot of support for his decision to appear on ITV reality show I’m a Celebrity, and said it would be a good way to engage with a younger audience. However, Hancock said he “does not expect to serve in Government again” [...]
Binance look to buy out Sam Bankman-Fried’s FTX November 8, 2022 Binance chief Changpeng Zhao has sensationally announced he has agreed to buy Sam Bankman-Fried's beleaguered FTX exchange.