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Tristia Harrison, the former boss of TalkTalk, resigns amid the breakup of the telecoms company
Tristia Harrison, the former boss of TalkTalk, is leaving the company after six years. The troubled telecoms firm is bracing for a split.
Ms Harrison will step down as CEO in early 2019 due to a plan of dividing the company into three.…
FT considers scrapping print publication as sales of weekday newspapers struggle
Financial Times may scrap its print edition in certain countries as the number of readers continues to drop.
The City broadsheet announced that it is considering whether or not to continue its print edition at various locations in…
UK Press Slams Axing Facebook News as an ‘urgent Threat to Democracy’
In a letter that was hard-hitting, British newspaper groups warned about the impact of Meta's decision on democracy and the society.
In a letter to former British Minister Nick Clegg who is the president of Meta global affairs, the group…
Walt Disney and Charter resolve dispute over blacking out of TV programming
Walt Disney and Charter Communications have agreed to resolve a dispute over fees and terms, ending a 10-day stand-off that left millions of customers without premium live sports at the start of the autumn season.
As part of the deal,…
City AM owes thousands of dollars to hotels and restaurants in the upmarket sector ahead of…
City AM owed upmarket hotels more than £200,000 before its £1.5m acquisition by protein shake tycoon Matt Moulding.
The London freesheet , which Mr Moulding’s THG purchased last month, collapsed into bankruptcy owing more than £2.4m.…
Huawei is believed to have built secret microchip factories in order to avoid US sanctions
A trade group has claimed that Huawei is building a secret network of microchip plants which could allow the company to bypass US sanctions.
According to reports, the Chinese technology giant received up to $30bn £23.7bn), from the…
Spotify UK sales surge as it ramps-up presence
Spotify, a global music streaming service that offers songs by Taylor Swift and Ed Sheeran, among thousands of others, saw its UK revenue soar last year, as it expanded its British operation.
The Stockholm-born company, which is one of…
Sky wins court order blocking illegal streaming of football and hit shows
Sky has been awarded a High Court Order that will require internet service providers (ISPs) to prevent piracy services being able illegally stream Sky's best-selling football games and blockbuster television shows.
The UK broadcaster was…
ITV will sell more content in the US if Hollywood’s strike continues
ITV will take advantage of Hollywood's writers strike to fill up empty schedules in the US if the impasse continues through the fall.
The group said that advertising revenue had dropped by more than 10% in the last six months, as…
The Telegraph: Lloyds boss says the bank is not in a hurry to sell The Telegraph
After seizing the control of the Barclay Family over a dispute regarding debts secured against business, the chief executive of Lloyds Banking Group said that he was not in a hurry to sell.
Charlie Nunn is the chief executive of Lloyds.…
Matt Moulding’s THG purchases business newspaper City AM
Matt Moulding’s online retailer THG bought the loss-making London business paper City AM via a prepack administrative.
City AM's owners listed the news group for sale in this month. They were looking to either invest or sell after…
CityAM is on the verge of being dissolved after working from home.
City AM is at the edge of bankruptcy , after its attempts to find a buyer following the pandemic were unsuccessful.
The London Freesheet, which is reeling from repeated locking downs and the legacy of home-working, will be calling in…
Virgin Media O2 will cut 2,000 jobs
Virgin Media O2 has cut 2,000 jobs to try and reduce its costs as it struggles under the weight of billions in debt.
On Monday night, some employees received notices of redundancy.
In June, the unions were informed that 800 to…
Vodafone UK grows sharply as Europe struggles
Vodafone UK has grown despite declining mobile customer numbers due to a steep price increase.
In April, the mobile and broadband provider raised fees for contract clients by 14.4pc. This led to a core revenue increase of 5.7pc at…
Rebranding twitter: The shaky past of corporate makeovers
Elon Musk suggested that he might replace Twitter's bird-logo, which has been on the site since it was founded, with an "X". Elon Musk, the billionaire owner of the site, said that a switch could be made as soon as Monday morning if an…
Netflix stock is sinking. Passwords are not the issue.
The fears that Netflix NFLX NFLX -8.41% would crackdown on password-sharing were unfounded. The new ad supported tier has also blown away any fears about subscriber growth. The company's revenue forecast for the third quarter was lower than…
Netflix subscribers jump after crackdown on sharing
Netflix's crackdown against password sharing is starting to pay off.
The US tech giant reported a 5.9m rise in subscriptions in Europe. This was more than twice the analysts' prediction of 2.07m and helped propel the company to…
Meta unfriends news industry as rift grows with publishers
Meta has shunned the news industry, giving less priority to current affairs and political issues on its social media platform while refusing engagement with governments' efforts to force the US tech giant to pay more money to media…