OECD: Ireland snubs global tax deal July 2, 2021 Ireland refused to sign a major agreement to overhaul the global corporation tax regime on Thursday. 130 countries and jurisdictions agreed to the deal brokered by the Organisation for Economic Cooperation and Development, which paves the way for sweeping international changes. The new regime will see a global tax for 100 of the world’s largest [...]
Screenshot: Who will win the summer TV ratings war? July 2, 2021 This week **Media Moment of the Week: Rob Beckett’s Wembley wisdom **Who will win the summer TV ratings war? **Kantar’s boardroom carousel Media Moment of the Week: Rob Beckett’s Wembley wisdom We all had a great time on Tuesday, didn’t we, but arguably no one had a better time than Rob Beckett. Fortunately, the comedian [...]
Exclusive: Ad tech firm that shuns cookies and has Amazon and D&G as clients to float on AIM June 27, 2021 Exclusive: AI marketing firm that shuns cookies and has Amazon and D&G as clients to float on AIM
Amazon and Google hit with competition probe over fake reviews June 25, 2021 Amazon and Google have been hit with a competition probe in the UK over concerns they have not done enough to tackle fake reviews on their sites. The Competition and Markets Authority (CMA) today opened a formal investigation into the tech platforms to examine whether they have broken consumer laws by taking insufficient action to [...]
Amazon destroying hundreds of thousands of unsold items every week June 21, 2021 Amazon is destroying hundreds of thousands of unsold items every week, amounting to millions of items each year, many of which are new and unused. An undercover investigation by ITV found Smart TVs, laptops, drones, hairdryers, top of the range headphones, computer drives, books and thousands of sealed face masks were sorted into boxes marked [...]
Amazon retains crown as world’s most valuable brand June 21, 2021 Amazon has retained its place as the world’s most valuable brand, growing 64 per cent this year to $684bn – equivalent to the GDP of Poland. Amazon’s value grew by $268bn in the last year, according to data from Kantar, as a locked down world turned to the retailer for their online shopping. After Amazon, [...]
Garden furniture prices spike ahead of another summer of garden-crawling June 21, 2021 With Covid-19 hammering hospitality spaces, garden furniture has soared in popularity in the last year, while the UK braces for another summer of garden-crawling instead of the typical pub routes. While there are still restrictions on visiting pubs and homes, many will be opting for garden gatherings over pub crawls this summer, much like the [...]
Lina Khan: How America’s answer to Margrethe Vestager plans to take on Big Tech June 16, 2021 Since taking over as European Commissioner for Competition in 2014, Margrethe Vestager has made her mission clear: to crack down on the ballooning power of Big Tech. The ruthless competition czar has undoubtedly delivered on those ambitions, handing down high-profile fines running into the tens of billions of euros against the likes of Facebook, Apple, [...]
UK to roll out new TV streaming rules in boost for broadcasters June 14, 2021 The government is said to be preparing new rules that would force tech firms such as Amazon and Samsung to give greater prominence to public broadcasters. Legislation being finalised by Whitehall officials will guarantee that public service broadcasters (PSB) such as the BBC, ITV and Channel 4 are easy to access on smart TVs, the [...]
Peak times: Ticket for space trip with Jeff Bezos sells for $28m June 14, 2021 A mystery bidder has splashed out $28m (£20m) for a ticket to travel to space with Amazon boss Jeff Bezos. The sky-high bid was made at a live phone auction on Saturday, concluding a lengthy bidding process for a seat on the maiden voyage of the billionaire’s Blue Origin company. Bids reached $20m within four [...]