Mirror publisher Reach to axe 550 jobs as advertising dries up July 7, 2020 Mirror publisher Reach today said it would axe 550 jobs as it seeks to overhaul its business as advertising revenue sank by more than a quarter over lockdown. The newspaper giant said the axed jobs, which account for around 12 per cent of its workforce, would help save £35m annually, at a one-off cost of [...]
Mortuaries in India overwhelmed as desperate relatives plead for oxygen outside hospitals April 27, 2021 Indian families are being left to ferry people sick with Covid-19 from hospital to hospital in search of treatment, as the country suffers a surge in infections with oxygen in short supply. On social media and in television footage, desperate relatives can be seen pleading for oxygen outside hospitals or weeping in the street for [...]
Disney scraps successor plans, extends CEO Bob Iger’s deal – and adds bonus of 500 per cent his salary July 13, 2023 Disney boss Bob Iger has extended his contract by two years with his annual bonus potentially reaching five times its previous size. Originally set to expire next year, Iger’s contract will now run through the end of 2026. The boosted bonus means Iger could receive up to 500 per cent of his annual base salary [...]
Chemistry won the vaccine battle, but logistics will win the Covid war November 20, 2020 We are in a global war with Covid-19. And as military wisdom has it, wars aren’t won with the best tactics but the best logistics. Media coverage around the two initial vaccines — from Pfizer and Moderna — has concentrated on their relative levels of effectiveness and the number of jabs on order. But positive [...]
Advertising watchdog bans Klarna Instagram ads December 23, 2020 The advertising watchdog has banned several Klarna shopping adverts that appeared on Instagram and encouraged consumers to use Klarna to shop and ‘boost their mood’. The Advertising Standards Agency (ASA) has banned Klarna’s Instagram campaign from appearing again, and warned the influencers involved to not “irresponsibly” encourage the use of Klarna’s deferred payment service. The [...]
Hipgnosis may swerve buyout avoiding recent fate of LA-based rival RHM September 11, 2023 Shares in Hipgnosis Songs Fund rose as much as 16.5 per cent on Friday after it emerged rival music royalty firm Round Hill Music (RHM) had received a cash offer for a multimillion dollar buyout. But analysts say this does not necessarily mean the same fate awaits Hipgnosis. After US company RHM failed to reverse [...]
How Blockchain can destroy advertising and save commerce September 29, 2020 Advertising. It is a necessary part of any business. And as an industry, it is big business. The Online Advertising Market was valued at USD 304.0 billion in 2019 and is expected to reach USD 982.82 billion by 2025, at a CAGR of 21.6 per cent over the forecast period 2020 – 2025. (Source). It’s [...]
Boris Johnson’s gigabit broadband target will be ‘missed by years’, warns BT boss September 27, 2020 Boris Johnson’s target for delivering gigabit broadband across the UK will be missed by eight years without £9bn worth of tax and red tape cuts, BT has warned ministers. BT claims the industry is on course to deliver gigabit speeds across the nation by 2033, significantly later than Johnson’s election pledge of full coverage by [...]
The Mandalorian season 2 episode 3 review: S2E3 action and revelation in hit show November 13, 2020 *** SPOILERS AHEAD: If you haven’t watched the most recent episodes of The Mandalorian Season 2, look away now*** Thus far, The Mandalorian Season 2 has been about self-contained adventures, where the fun comes from the twists and turns in our hero’s path. This week was a bit more action packed, with some huge plot [...]
Germany to enter four-week lockdown from November October 28, 2020 Germany will enter a four-week lockdown from 2 November, Chancellor Angela Merkel confirmed today. Pubs, bars and restaurants across the country will shut for one month, while all inter-household mixing will be banned. Gyms, cinemas and theatres will also shutter for four weeks, as Merkel scrambles to contain a second wave sweeping across the nation. [...]