Playboy magazine stops printing due to coronavirus outbreak March 19, 2020 Playboy has said it will shut down its print operation for the rest of the year due to the outbreak of coronavirus. The US periodical, one of the world’s most famous magazines, said its spring issue — which hits newsstands this week — will be its last of 2020. In an open letter posted online, [...]
Boom or bust: The risk of a repeat of the dot-com bubble March 19, 2020 On 10 March 2000, the US Nasdaq stock market peaked at 5,048.62. By October 2002, the index had lost 78 per cent of its value, or about $5 trillion. The Nasdaq had swelled due to the proliferation of internet-related companies aiming to make money from this nascent technology. In fact, between 1995 and 2000, the [...]
It’s time to self-isolate from social media’s armchair experts March 19, 2020 You can tell whether a news story is really, properly serious by the degree to which people develop instant expertise. Back in 2008, all sorts of people who didn’t know an asset from a debt suddenly started holding forth confidently about balance sheet liabilities and CDO-Squareds. A few years later, in the wake of the [...]
City Moves for 19 March – Who’s switching jobs at Finastra, Media Group and Achilles Therapeutic? March 19, 2020 Today’s City Moves includes Finastra, Media Group and Achilles Therapeutic Finastra Finastra has appointed Gary E Bischoping Jr as chief financial officer (CFO). Based at Finastra’s headquarters in London, Gary brings a wealth of technology experience, having recently held the role of CFO at Varian, a mid-cap medical technology US multinational. There, Gary revamped the [...]
Coronavirus: BBC overhauls broadcast plans to tackle outbreak March 18, 2020 The BBC today unveiled a raft of new measures aimed at keeping the public informed during the “unprecedented” coronavirus outbreak. Director general Tony Hall said the public service broadcaster would launch special programming on TV and radio to provide audiences with the latest information on the Covid-19 pandemic. As part of the wide-ranging changes, the [...]
Coronavirus: BBC suspends Eastenders filming March 18, 2020 The BBC has suspended filming on Eastenders until further notice due to the coronavirus outbreak. Soap rivals Casualty and Holby City will also be on hold as the broadcaster shuts down its production arm. “In light of the spread of Covid-19, after much consideration, it has been decided that filming on Eastenders will be postponed [...]
Glastonbury 2020: What do I do if I booked a ticket? March 18, 2020 Glastonbury Festival 2020 has become the latest victim of the coronavirus crisis, with organisers this morning announcing that the iconic summer event had been cancelled. In a joint statement, Worthy Farm owners Michael and Emily Eavis said cancellation was the “only viable option” after the government urged people to stay at home. The festival will [...]
M&C Saatchi bolsters board as bidders line up after accountancy crisis March 17, 2020 M&C Saatchi today said it has appointed two independent non-executive directors amid reports that potential suitors are lining up bids for the troubled advertising agency. Lisa Gordon and Louise Jackson will join the board with immediate effect, the company said. Gordon currently holds non-executive director positions at foreign exchange specialist Apha FX and children’s TV [...]
Our obsession with George Orwell has robbed his name of all meaning March 17, 2020 The very first rule for writing set out in George Orwell’s 1949 essay “Politics and the English Language” is: “Never use a metaphor, simile, or other figure of speech which you are used to seeing in print”. It’s therefore amusing that “Orwellian” has become one of the most widely used figures of speech in English-language [...]
Government announces plans to ensure new homes come with gigabit-speed broadband March 17, 2020 Digital secretary Oliver Dowden will today announce that the government will pass legislation to ensure new homes are built with gigabit-speed broadband. Currently, about one in five new homes is still built without gigabit-speed connections, but the new legislation will ensure developers are legally required to install digital infrastructure with internet speeds of over 1,000 [...]