Apple sales come to the fore as big tech firms brace for crunch results January 29, 2019 Silicon Valley will be preparing for market instability this week as several members of the so-called Faang grouping gear up to report quarterly results for the recent festive period. Three members of the big tech club – which includes Facebook, Apple, Amazon, Netflix and Google – will publish figures amid rising speculation that their time [...]
Facebook’s popularity among children wanes as social media safety concerns deepen January 29, 2019 Facebook’s popularity among children slipped in 2018 as more young people look to Instagram for their social media updates, according to an Ofcom report. While Facebook remains the most popular social media site among 12 to 15-year-olds, only 31 per cent of people in this age range named it as their main site or app, [...]
Facebook tightens ad rules for EU political parties ahead of elections January 28, 2019 Facebook plans to toughen up rules surrounding paid political advertising in order to prevent foreign interference in elections. In his first public appearance since winning the job in October, former UK deputy prime minister and now Facebook global policy chief Sir Nick Clegg told reporters in Brussels today that Facebook will require political parties to [...]
Google and IAB hit with fresh complaints over ‘intimate’ user profiling for adverts January 28, 2019 New evidence emerged today outlining the extent of Google’s collection of ‘intimate’ user data amid a pan-European legal complaint against the tech giant. Mental health, infertility, sexual orientation and religious beliefs are among the categories attached by Google to internet browsers to be used in real-time ad auctions. Read more: Google hit with €50m fine by [...]
Buzzfeed set to slash half its UK editorial roles in restructuring plan January 28, 2019 Buzzfeed will cut its UK editorial team by almost 50 per cent as part of a cost-cutting strategy amid falling advertising revenues. The online publisher is set to reduce its London-based team from 37 to 20 employees as it looks to reduce its global headcount by 15 per cent. Read more: Buzzfeed and Verizon plan to slash [...]
Social media firms could face ban if they fail to remove harmful online content, warns Matt Hancock January 27, 2019 Social media firms face being banned if they fail to remove harmful content, health secretary Matt Hancock has suggested. "We are a nation state, parliament is sovereign – as we are discovering in the Brexit process – and we can legislate if we need to. It would be far better to do this in concert with the [...]
Facebook is set to merge messaging services across Instagram, Whatsapp and Messenger January 25, 2019 Facebook is planning to streamline its messaging services by integrating Whatsapp, Instagram and Facebook messenger. All three will remain separate apps, but underneath the surface they will all be inter-linked, allowing messages to travel between services, according to a report in the New York Times. The paper claims it is the personal project of the [...]
The Bureau of Investigative Journalism secures £800,000 to fund growth January 25, 2019 The Bureau of Investigative Journalism has secured a new round of fundraising, bucking the trend after a torrid week of job cuts among digital media outlets. The not-for-profit news organisation said it has received £800,000 over two years from global charity Luminate, which was set up by eBay founder Pierre Omidyar. Read more: Buzzfeed and Verizon [...]
Buzzfeed and Verizon plan to slash hundreds of jobs in grim day for digital media January 24, 2019 Online publishers Buzzfeed and Verizon Media have announced plans to cut hundreds of staff members as digital media faces a squeeze on advertising revenues. Buzzfeed said it plans to reduce its global headcount by 15 per cent, believed to amount to roughly 200 members of staff, as it looks to cut costs. Read more: Murdoch eyes [...]
Big tech firms like Google, Amazon and Facebook spent a record amount on political lobbying last year January 24, 2019 Google, Amazon and Facebook's bill for lobbying the US government hit record highs last year, as life under the Trump administration put big tech firms in the spotlight. Google parent firm Alphabet said it spent $21.2m (£16.3m) on political lobbying costs in the US last year, topping its previous all-time high of $18.2m achieved in 2012. It [...]