AT&T announces Warner Media restructuring to prepare for streaming battle March 4, 2019 AT&T detailed plans to restructure its Warner Media business in a memo to employees today. The American telecommunications giant is preparing to enter the world of streaming and do battle against Netflix and Disney. Last week, it defeated the US government’s efforts to undo its $85bn (£65bn) purchase of Warner Media, formerly called Time Warner, [...]
Theresa May tweets picture of Bath on anniversary of Salisbury Novichok attack March 4, 2019 Theresa May mistakenly tweeted a picture of Bath with a message marking the one year anniversary of the Novichok incident in Salisbury today. Read more: Military to dismantle Salisbury home of poisoned Russian spy The Prime Minister’s tweet used a picture of Bath’s St John Roman Catholic Church, confusing it with Salisbury Cathedral’s 123-metre long [...]
Sadiq Khan’s junk food advertising ban will hurt TfL and marketers, but fail to fight childhood obesity March 4, 2019 Last week, a divisive political leader brought an end to a scourge that threatened our everyday society. No, I’m not talking about Donald Trump, whose summit with Kim Jong-un unfortunately failed to achieve the denuclearisation of North Korea. I’m talking instead about London mayor Sadiq Khan, whose ban on junk food advertising on the Transport [...]
What Anthony Scaramucci did next March 4, 2019 After a brief and calamitous stint in the White House catapulted him to international fame, Anthony Scaramucci is back at SkyBridge Capital, the hedge fund he founded in 2005, he has revealed in an interview with Opto magazine. For a brief period in July 2017, Anthony Scaramucci found himself at the centre of American politics. [...]
The future of news: could tax breaks make online news sustainable? March 3, 2019 Sarah Cartwright’s news kiosk is as much a fixture in Sloane Square as the high-end boutiques that have surrounded it since her grandfather began selling newspapers from a wooden box there in 1892. But the kiosk may do well to survive another decade, let alone a century. “Print is dead,” she says. The Cairncross Review [...]
Trump has carelessly fuelled the North Korean fake news machine March 1, 2019 “He tells me he didn’t know about it, and I will take him at his word.” This was Donald Trump’s response when questioned about whether his discussion with Kim Jong-un touched on Otto Warmbier, an American student who was imprisoned in North Korea. The headlines around the US President’s landmark second summit with the North [...]
Advertising outlook clouds picture at ITV March 1, 2019 There's excitement over plans for BritBox, but advertising trends at ITV still make uneasy viewing. ITV (LSE:ITV) has a strategy which is delivering the required results, even though in the very near term the company's own outlook is more guarded. The inevitable culprit is Brexit, as advertisers become less willing to commit to an expensive, [...]
Profits plunge at advertising giant WPP as it warns of ‘challenging’ 2019 March 1, 2019 Profit before tax plummeted at advertising giant WPP last year as it repeated its warning about a challenging 2019, but shares rose as the media firm beat low market expectations Read more: Martin Sorrell regrets nothing after WPP exit amid misconduct allegations The figures Profit before tax dropped 30.6 per cent to £1.46bn compared to [...]
City Fibre appoints Goldman Sachs’ senior partner Simon Holden as COO March 1, 2019 Goldman Sachs has strengthened its hold on UK telecoms company City Fibre after announcing one of its senior partners will become the firm's new chief operating officer. Simon Holden will take up the newly created role on City Fibre's board from 1 March having worked as a partner at Goldman for 18 years. Read more: Excessive [...]
Software developers beat average UK salary by 154 per cent February 28, 2019 Top developers earn 154 per cent more than the average Brit, a report released today has revealed, with blockchain fuelling a rise in employer demand for such skills. Read more: Blockchain oil firm taps former JP Morgan director as new chief Software supremos command an average salary of £71,000 a year compared with the UK [...]