‘Missing’ sixth case of Brazil Covid mutation found in Croydon March 6, 2021 A mystery sixth person infected with a new Brazil coronavirus “variant of concern” has been found in Croydon, the health secretary has announced. Six cases of the new mutation, also known as the P1 variant or Manaus variant, had been identified across the UK. Three cases were linked to Scotland, while two out of three [...]
Trump brands social media ban ‘catastrophic mistake’ and defends pre-riot speech January 12, 2021 Donald Trump has branded his social media ban a “catastrophic mistake” as he refused to take responsibility for inciting riots at the Capitol last week. The outgoing president, who has been accused of inciting violence and is facing a second impeachment, today played down his role in the riots and attempted to blame Silicon Valley. [...]
Daily Mail files competition lawsuit against Google over royal coverage April 20, 2021 The Daily Mail has filed an antitrust lawsuit against Google over allegations the tech giant unfairly manipulated its rankings in search results. In the suit filed in Manhattan federal court, the newspaper’s parent company accused Google of punishing publishers’ search rankings if they do not sell enough advertising space through Google’s marketplace. The Daily Mail’s [...]
Online sales tax would ‘kneecap’ small retailers, startups warn March 2, 2021 The introduction of a new online sales tax would “kneecap” retailers and have a disproportionate impact on smaller businesses, UK startups have warned. In his Budget tomorrow, chancellor Rishi Sunak is expected to launch a consultation on new levies targeting online retailers such as Amazon and Asos that have seen their profits soar during the [...]
Martin Sorrell’s S4 Capital continues growth as profit jumps March 25, 2021 Sir Martin Sorrell’s S4 Capital saw its profit jump by a fifth last year as the digital ad group continues its aggressive growth strategy. S4 Capital posted a 19.4 per cent rise in gross profit to £295m in 2020, while revenue rose 15 per cent to £343m. The marketing group, which has major contracts with [...]
Spotify paid subscribers hit 155m on lockdown listening boom February 3, 2021 Spotify today reported a sharp increase in subscribers in the fourth quarter as the pandemic drove demand for music and podcasts, but warned of uncertainty in the year ahead. The Swedish streaming giant said paid users hit 155m in the final three months of the year, while revenue grew 17 per cent to €2.2bn (£1.9bn). [...]
Virgin Galactic’s shares rocket as Branson completes first fully crewed space flight July 12, 2021 Virgin Galactic’s shares jumped this morning after it successfully completed its first fully crewed space flight yesterday, with billionaire founder Sir Richard Branson on board. While Branson didn’t make it to the moon, Virgin Galactic’s shares might. The New Mexico-based company’s stock jumped as much as 22 per cent premarket this morning. Virgin Galactic’s shares [...]
Gamestops? Shares plunge more than 50 per cent as Reddit rally retreats February 2, 2021 Reddit day traders’ hold on the market seemed to be running out of steam on Tuesday as the price of silver stalled and Gamestop shares plunged more than 50 per cent on the open. Gamestop has dominated the headlines in the past week after r/wallstreetbets took the fight to Wall Street’s hedge funds. The bricks-and-mortar [...]
Deliveroo launches Eat In to Help Out discount for September August 27, 2020 Deliveroo has launched an Eat In to Help Out offer for September as the government’s dine-in discount scheme comes to an end this month. The food delivery firm will offer customers £5 off orders on Monday to Wednesday next month in a bid to support local restaurants. Deliveroo will fund the discount for the more [...]
Oatly has climbed to the top of the legion of alternative milks. Can it keep up the momentum? May 29, 2021 Oatly shares soared in its stock market debut last Wednesday and the alternative-milk giant was valued at a staggering $13bn, after its sales doubled in 2020 to $421m. The Swedish brand benefits from being born green; with dairy alternatives measurably better for the planet and far better tasting than a decade ago. Climate change concern and the [...]