TikTok is DOWN! Users in the US and UK report video likes have reset to zero and some fear this is the end of the app TikTok seems to be down for tens of thousands of users in the UK and US The outage occurred around 2pm ET with over 17,000 users reporting issues In … Read more
The lockdown online shopping boom has kept rent collection steady for the warehouse giants Segro and Tritax Big Box. The logistics landlords have managed to dodge the anguish facing property owners in other sectors, particularly retail. Property investor Segro has received around 93 per cent of the £37million rent due in advance for the third … Read more
Is your iPhone losing power? Thousands of users report Apple Music is draining batteries of devices running on iOS 13.5.1 Apple’s iOS 13 has been plagued with problems since its release last year The latest problem is a bug in Apple Music that is draining batteries Devices running on iOS 13.5.1 are being affected by … Read more
Software giant Micro Focus shed a fifth of its value after a huge loss sent investors scrambling for the exit. The struggling company swung to a loss of £820million between November and April, as it said ‘economic uncertainty’ triggered by the pandemic meant it had to write down the value of its assets by £730million. … Read more
More than £1.7billion was added to the value of Britain’s biggest housebuilders on hopes the Chancellor will cut stamp duty. Rishi Sunak is expected to propose raising the levy’s threshold so that it would only apply to properties valued at £500,000 or more, instead of the current £125,000. The changes are expected to be unveiled … Read more
Nine out of 10 health and care workers who caught the coronavirus got it at work, according to a report published today. And one in five patients hospitalised with Covid-19 had caught the virus while on a ward, raising concerns about the spread of the disease inside hospitals. The report, by scientists on the Data Evaluation … Read more
At least one in ten coronavirus cases in England in May were among health and care workers, according to a report published today. Researchers say infections among hospital staff and care home workers make up a significant proportion of Covid-19 cases. And this transmission — which often happens between people with no symptoms — acts … Read more
Huawei 5G deal ‘WILL be axed’ as spy chiefs at GCHQ revises their advice on Chinese tech firm PM gave Huawei the go-ahead to build 35 per cent of Britain’s 5G infrastructure However, a report from the National Cyber Security Centre could halt the plan A probe found US sanctions on Huawei could render alternate microchips … Read more
Shares in Rolls Royce tumbled by nearly 10 per cent yesterday as it emerged the company is looking for ways to bolster its battered finances. The ailing British engineering group is considering a £1.5-2billion shares sale, as well as flogging assets such as Spanish subsidiary ITP Aero to raise cash, according to Bloomberg. The coronavirus … Read more
Britain’s biggest box maker DS Smith struck the wrong note with investors after it chose to withhold its dividend. The packaging maker cancelled its final payout to shareholders despite the rise in online shopping that boosted business during lockdown. Profits at the group – whose customers include Amazon – rose 5 per cent to £368million … Read more