MWC to offer refunds after conference scrapped due to coronavirus March 25, 2020 Mobile World Congress (MWC) will offer refunds to anyone who paid to attend the conference in a move that could “lay down the gauntlet” for other events cancelled due to coronavirus. Organiser GSMA scrapped the telecoms extravaganza in February following a string of high-profile withdrawals, saying health concerns made it “impossible” for the event to [...]
ECSC shares rise as cybersecurity firm boosts revenue March 25, 2020 Shares in ECSC jumped almost 10 per cent this morning after the cybersecurity firm posted a sharp rise in revenue for the year. The figures ECSC’s organic revenue grew 10 per cent to £5.91m in the year to 31 December 2019. Revenue from its managed services division jumped 48 per cent to £2.59m. Adjusted earnings [...]
Coronavirus: Whatsapp usage jumps 40 per cent during lockdown March 25, 2020 Whatsapp usage has surged since the outbreak of coronavirus as people increasingly turn to the social media app to stay connected. Overall, the messaging platform has enjoyed a 40 per cent increase in usage, rising to 51 per cent for countries in the late phase of the pandemic. The largest rise came in Spain, where [...]
Amazon and Ebay blasted over failure to crack down on virus profiteers March 25, 2020 Amazon and Ebay are failing to clamp down on coronavirus profiteers using their platforms to sell products at “ridiculous” prices, a new investigation has revealed. Third-party sellers have been accused of exploiting the pandemic to ramp up prices for products that are difficult or impossible to find in local shops. Household items including cleaning products, [...]
Facebook warns ad business weakened by coronavirus crisis March 24, 2020 Facebook has reported a “weakening” of its advertising business during the coronavirus crisis, despite a surge in people using its services. The social media giant said this evening that in countries taking “aggressive actions” to reduce the spread of the virus, its ads business has been “adversely affected”. However, in the countries hit hardest by [...]
BT in talks to sell French business to Computacenter March 24, 2020 BT today said it is in exclusive discussions to sell its French business to British IT services and consulting firm Computacenter. The telecoms giant’s French division, which manages and maintains IT and network infrastructure, pulled in revenue of roughly £104m last year. The companies did not disclose the value of the deal. The move marks [...]
How coronavirus could change our working lives (and the climate) March 24, 2020 | City Talk financial markets. The epicentre of the shock is clearly being felt in travel related industries, as people cancel or put holiday plans on hold, and businesses cancel conferences and move to remote working. Remote working tools widely available As an investor looking at climate change trends, these changes in working practices are interesting in an [...]
Government ‘in talks with Amazon’ over coronavirus test delivery March 23, 2020 The UK government is said to have approached companies including Amazon over delivering coronavirus testing kits to frontline health and social care workers. Whitehall officials are in discussions with the firms about ramping up the availability of tests for healthcare staff as the spread of the virus picks up pace, the Financial Times reported, citing [...]
Whatsapp launches coronavirus chatbot with World Health Organization March 23, 2020 Whatsapp has launched a messaging service with the World Health Organization (WHO) to provide users with the latest information about coronavirus. The new chatbot, which has the potential to reach 2bn people, will ensure users are given news and information from trusted sources. The service includes details on symptoms and how people can protect themselves [...]
Seize the opportunities of carbon capture technology March 23, 2020 Right now, the government’s only focus is getting the country through the current coronavirus pandemic. But once we are through the worst, we will turn once again to tackling another global crisis: climate change. That the government claims to take the climate crisis seriously is impossible to deny. The 2050 target for carbon neutrality is [...]
