‘Sink or swim’: Delayed update leaves UK’s £4bn open banking sector in limbo at critical moment March 29, 2023 The UK’s £4bn open banking sector faces a “sink or swim moment” as the industry awaits a crucial update on the future of the industry in the coming weeks, a lobby group has warned. Open banking, which was first rolled out by regulators in 2017 to force dominant high street lenders to open up their [...]
Start-up apocalypse? Cash crunch could wipe out venture-backed firms this year, Morgan Stanley warns March 28, 2023 Start-ups backed by venture capital (VC) could be wiped out in droves this year as cash dries up and investors turn off the taps, analysts have warned.
Twitter shakeup: What features will Elon Musk scrap for users who refuse to pay for a tick? March 28, 2023 Twitter is set to scrap features for users who do not pay a monthly fee for a blue tick verification, according to new rules shared by billionaire owner Elon Musk. Users of the social media platform who want to remain verified can pay up to 11 US dollars (£8.93) a month as part of Mr [...]
CMA drops concerns over Microsoft takeover of Call of Duty developer Activision Blizzard… for now March 24, 2023 The UK competition watchdog has provisionally dropped concerns that Microsoft’s proposed takeover of Call Of Duty developer Activision Blizzard would damage the UK console gaming market. The Competition and Markets Authority (CMA) last month warned the 68.7 billion dollar (£56.7 billion) deal could result in higher prices, fewer choices or less innovation for UK gamers. [...]
UK ‘unicorn’ creation plummets as tech venture capital dries up March 23, 2023 The creation of so-called unicorns in the UK’s tech sector slowed by more than ten times last year as venture capital dried up and companies reined in their valuations to raise cash, new data has revealed.
Put a stop to defamation and negative online posts March 22, 2023 | Sponsored Negative search engine results, negative commentary and or negative images online and harrasment through social media or otherwise can have devastating consequences for individuals and for businesses. Nath Solicitors specialises in defamation generally and in social media defamation in particular , where false statements are made about people or businesses on platforms such as Facebook/Meta, [...]
You have been ordering McDonald’s fries wrong your whole life March 21, 2023 Life is full of mysteries, such as how to reconcile quantum mechanics with the general theory of relativity, or how a person can attend a party and simultaneously be unaware that a party is taking place. These are, to quote Donald Rumsfeld, known unknowns. But there are other mysteries lurking in plain sight, strange phenomena [...]
TikTok: Chinese owned firm updates rulebook to include ‘human rights’ commitment as western security fears build March 21, 2023 TikTok has rolled out updated rules and standards for content and users as it faces increasing pressure from western authorities over concerns that material on the Chinese-owned video-sharing app could be used to push false information. The company released a reorganised set of community guidelines that include eight principles to guide content moderation decisions. “These [...]
Pinduoduo: Google pulls China shopping platform from app store after malware discovery March 21, 2023 Google has suspended the Chinese shopping platform Pinduoduo on its app store after malware was discovered in versions of the app from other sources. Google said it suspended the Pinduoduo app on the Google Play store out of “security concerns” and that it was investigating. The suspension of the app – mainly used in China [...]
Broadband firms urged to cancel ‘exorbitant’ mid-contract price hikes for vulnerable customers March 21, 2023 Broadband firms have been urged to cancel “exorbitant” mid-contract price rises for vulnerable customers less than two weeks before they are due to take effect. Millions of broadband and mobile phone customers can expect to face monthly bill increases of at least 14 per cent from April. Providers often link their annual price rises to [...]
