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Virgin Media fined £24m for leaving vulnerable customers at risk of harm
Posted onArchie MitchellBusiness reporter Getty Images Virgin Media has been fined £23.8m for leaving thousands of customers without access to lifesaving telecare alarms during the digital switchover. Communications watchdog Ofcom fined the telecoms giant after ruling it failed to protect vulnerable users of the devices, typically elderly and disabled people, during the transition from analogue to…
CIA director had two-hour meeting with new Venezuelan leader in Caracas
Posted onReuters CIA director John Ratcliffe met Venezuela’s Interim President Delcy Rodríguez in Caracas on Thursday “at President Trump’s direction,” a US official has said. The two-hour meeting was aimed at building trust and communication following the US seizure of Venezuela’s former president Nicolás Maduro almost two weeks ago. Ratcliffe and Rodríguez discussed potential economic collaboration…
Bigger than the Shard: Banking giant announces new £10bn office
Posted onPA Media The new development could bring 7,800 jobs to the area Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK’s economy by £10bn. The firm said at three million square feet (280,000 sq m), the building would have double the…
TikTok closes deal to split US app from global business: What to know
Posted onSuranjana Tewari,Asia Business Correspondentand Lily Jamali,North America Technology Correspondent VCG via Getty Images TikTok announced on Thursday that it has finalised a deal that will allow the hugely popular short-video app to continue operating in the US. The deal comes after a years-long tussle between Washington and Beijing that began in Trump’s first term in…
Why our railways often seem to be in such chaos over Christmas
Posted onKaty AustinTransport correspondent BBC At a rail yard near Milton Keynes, a group of men in orange outfits are making final checks on huge slabs of railway track, preparing them so that they are ready to be installed over Christmas and New Year. At a time when many commuters stop work to enjoy celebrations with…
