Netflix CEO Reed Hastings’ fortunes continue to rise as a new SEC filing reports the streaming service’s co-founder received a total of $38 million in 2019. Hasting’s total pay package last year was up 16 per cent from what he was paid in 2018, reports Netflix in its annual proxy statement Wednesday. Hastings’ most recent … Read more
British company is forced to sell PPE ABROAD after attempt to equip the NHS was met with an ‘impenetrable wall of bureaucracy’ British supplier was forced to sell personal protective equipment abroad Firm spent ‘five weeks hammering at the Government’s door’ with no response The Government said it had deployed ‘every resource’ to get PPE … Read more
British company is forced to sell PPE ABROAD after attempt to equip the NHS was met with an ‘impenetrable wall of bureaucracy’ British supplier was forced to sell personal protective equipment abroad Firm spent ‘five weeks hammering at the Government’s door’ with no response The Government said it had deployed ‘every resource’ to get PPE supplies … Read more
Victoria Beckham, who is seeking taxpayer help to pay dozens of staff at her loss-making fashion label during the coronavirus crisis, is keen to stop others exploiting her name. I hear the wife of former England captain David Beckham has taken a skincare company to court over two trademarks featuring the letters ‘VB’, arguing that … Read more
Clearview AI exposes database containing source code to its controversial facial recognition as well as company keys and credentials Clearview’s source code was exposed via a misconfigured database The database allowed anyone to bypass a password by creating a new user login It also exposed company passwords and a token to Clearview’s Slack channel Clearview … Read more
It is nearly a month since the Government turned the key on a nationwide lockdown — changing the world, almost overnight, for businesses across the UK. Despite being promised support packages, many small businesses fear they will not survive. Figures this week revealed that banks have given vital loans to only 5,000 British firms — … Read more
Major US drug company unwittingly became a ‘super spreader’ after executives attending the annual leadership meeting took coronavirus home to SIX states and infected 99 people Executives at Biogen attended an annual leadership meeting in Massachusetts Employees unwittingly took coronavirus to six states and infected 99 people First case of COVID-19 in Tennessee and the first two … Read more
Bus company gives drivers movable ‘shower curtains’ to protect them from passengers with coronavirus First South West Buses has supplied its drivers with a clear plastic film screen The RMT had asked for protective Perspex screens to be installed in buses The curtain leaves a large gap and is only attached to the top of … Read more
Frankie and Benny’s parent company Restaurant Group cuts bosses’ pay to help offset losses from closures Non-executive directors at the firm will see their earnings reduced by 40% The Carluccio’s restaurant chain has been an early casualty of the coronavirus Shares in the company rose 4 per cent to 37p following the update By Harry Wise For This … Read more
Monzo bank co-founder ditches his £2billion company to look after nearly 300 Alpacas on his wife’s farm as he leaves the financial industry after 27 years to ‘enjoy life’ Paul Rippon, 48, stepped down from his day job to look after alpacas on a farm Mr Rippon says that he finds the farm in Northumberland … Read more