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Facebook sets aside $5bn to cover FTC privacy fine

Facebook is to set aside $5bn to cover a mammoth privacy fine levied by the US Federal Trade Commission over the Cambridge Analytica scandal, eating into $15bn of revenue generated over the first quarter. The social network was further hit by a $3bn legal bill...

CMA scupper proposed Sainsbury’s/Asda mega-merger

An ambitious hookup between two of Britain’s largest supermarket chains; Sainsbury’s and Asda, lies in tatters this morning after the Competitions and Markets Authority came out against the merger on the grounds that it would increase costs for consumers. The brick...

Anthony Joshua throws some knockout dance moves for William Hill

Bookmaker William Hill has hit the small screen with its latest television advert in which heavyweight champion Anthony Joshua takes a moment to reflect upon his career after decking yet another opponent. Surprisingly Joshua does so by breaking into some celebratory...