Google braced for EU fine over advertising competition breach March 15, 2019 The EU’s competition commission is set to hit Google with another fine following an investigation into its advertising business. Commissioner Margrethe Vestager will announce the fine next week following a probe into Google AdSense, the Financial Times reported, citing three people familiar with the case. Read more: Google removed 2.3bn ‘bad ads’ last year Google [...]
Google removed 2.3bn ‘bad ads’ last year in fight against fake news and fraud March 14, 2019 Google removed 2.3bn ads last year for violating its policies on fraud and misinformation, the company said today. The total number of ads removed, which equates to roughly 75 ads per second, is almost 1bn lower than last year. Read more: Google paid $105m to executives accused of sexual harassment But Google said it had [...]
Former graduate trainee takes UBS to court over handling of London rape allegation March 13, 2019 A former graduate trainee has taken UBS to court over its handling of her alleged rape by a colleague nearly 20 years her senior. The claimant, referred to as Ms A, has filed a lawsuit against the Swiss bank for sexual harassment and victimisation, her legal team said today. Read more: UBS fined €4.5bn in [...]
One in four women has been sexually harassed at a tech conference, study finds March 13, 2019 One in four women has experienced sexual harassment at a tech conference and women are woefully underrepresented at industry events, a new study has found. Only a quarter of keynote speakers at tech conferences in the last three years were women, according to research by IT services provider Ensono. Read more: City firms can't afford [...]
Google paid $105m to two executives accused of sexual harassment March 12, 2019 Google paid a total of $105m (£79m) to two executives after they were accused of sexual harassment, according to court documents released last night. The lawsuit, filed by shareholder James Martin, confirms previous reports that Android creator Andy Rubin was paid $90m after he allegedly coerced sex from a colleague. Read more: Fintech superstar Marta [...]
Sir Philip Green sells former BHS headquarters for £44m March 10, 2019 Retail tycoon Sir Philip Green has sold a former BHS headquarters in London as his fashion empire Arcadia faces challenges on the high street. Green, who has been under fire over allegations of racial abuse and sexual harassment – which he denies – has sold Marylebone House to property investment company Aprirose for £44m. Read more: [...]
Horrible bosses: How retailers can clean up their image March 7, 2019 It seems like a case of “another day, another scandal” in the retail industry at the moment. This time it’s Ted Baker founder and CEO, Ray Kelvin, who has been accused of “forced hugging”. While I can’t comment on the innocence (or otherwise) of the shamed chief, he joins a growing list of alleged wrong [...]
Gagging orders face the ban amid allegations against Sir Philip Green March 3, 2019 Leading politicians have vowed today to ban controversial “gagging orders” that have risen to prominence in the wake of recent harassment allegations made against retail tycoon Sir Philip Green. Ministers have revealed sweeping plans this morning to tighten rules around non-disclosure agreements (NDAs), which have been at the centre of bullying claims surrounding the Topshop owner [...]
Top financial PR firm cuts ties with Sir Philip Green amid conduct allegations February 27, 2019 Sir Philip Green’s financial PR firm is set to jump ship tomorrow in the latest corporate blow to the embattled mogul, just days after Baroness Karren Brady quit as chair of his retail empire. City A.M. understands that Green’s communications consultancy Maitland/AMO is ending its relations with the scandal-hit tycoon tomorrow evening amid mounting public [...]
Karren Brady’s resignation is a warning to unscrupulous leaders like Philip Green February 26, 2019 The scandal surrounding Sir Philip Green, the retail tycoon behind high street chains such as Topshop, Miss Selfridge and the now-liquidated BHS, just keeps playing. Since last August, when the Daily Telegraph was first barred by a legal injunction from reporting allegations of misconduct against Green, fresh accusations have continued to surface, from sexual harassment to [...]