News That Matters

Tag: media

How a new breed of media companies is convincing people to pay for news again

How a new breed of media companies is convincing people to pay for news again

Finance
Comcast Ventures had seen enough. Years of researching business models, seeing their own portfolio's performance and watching digital media startups struggle had made an impression. For 2018, the venture capital firm made a decision: it would no longer put seed money behind advertising-driven media companies. "Starting an ad-supported business is really, really tough," said Daniel Gulati, a Comcast Ventures partner, in an interview. "As a general thesis, we are not actively looking to invest in seed companies that have an advertising-based business model." It's a shift in thinking for Comcast Ventures, which has put money beh...
EE and Virgin Media fined £13.3m for overcharging customers

EE and Virgin Media fined £13.3m for overcharging customers

Technology
EE and Virgin Media have been fined £13.3m by Ofcom for leaving customers who quit broadband and phone contracts early "out of pocket".The regulator said about 400,000 EE customers who ended their contracts early were over-billed and paid up to £4.3m too much as a result.Ofcom said about 82,000 Virgin customers were overcharged by almost £2.8m. Virgin said it would appeal.Margot James, Digital Minister, said companies need "to play by the rules".Gaucho Rasmussen, director of investigations and enforcement at Ofcom, said: "EE and Virgin Media broke our rules by overcharging people who ended their contracts early. Those people were left out pocket and the charges amounted to millions of pounds."Fine 'not justified'The fine for Virgin Media...
Juul to end social media campaigns, stop selling flavored pods in some stores

Juul to end social media campaigns, stop selling flavored pods in some stores

Health
Nov. 13 (UPI) -- Juul, the company with more than 70 percent of the e-cigarette share in the United States, has agreed to stop selling its flavored pods in stores and to shut down its social media campaigns. The e-cigarette company made this announcement on Tuesday, in the face of a recent decision from the Food and Drug Administration to ban flavored e-cigarettes in gas stations and convenience stores. "We don't want anyone who doesn't smoke, or already use nicotine, to use JUUL products," the company said in a press release. "We certainly don't want youth using the product. It is bad for public health, and it is bad for our mission." Many anticipate that the FDA will move forward with a plan to beef up online sales age verification requirements for flavored e-cigarettes. The move to st...
Trump attacks media as more mail bombs emerge

Trump attacks media as more mail bombs emerge

World
Donald Trump has launched a new attack on the media - hours after bombs were sent to the offices of CNN and the homes of several high-profile political rivals. The US president, who has labelled many reporters as "enemies of the people", said the media has "a responsibility to set a civil tone and to stop the endless hostility".Speaking at a rally in Wisconsin ahead of the mid-term elections, he said "any acts or threats of political violence are an attack on our democracy itself". 0:51 Vid...
Serena Williams WOWS as she strips topless on social media for a good cause

Serena Williams WOWS as she strips topless on social media for a good cause

Entertainment
The Wimbledon tennis champ was stripping off on the official Serena Williams Instagram page yesterday.New mum Serena, 37, admitted she was out of her “comfort zone” as she stripped topless for a breast cancer awareness campaign.Crossing her arms over her chest in the clip, Serena sang a rendition of I Touch Myself by rock bank the Divinyls.The powerful campaign is in aid of raising money for Breast Cancer Network Australia – and to encourage women doc regular check themselves for signs of the disease. Related Articles “You are an inspiration” Instagram user Serena looked sensational in the video, as in-keeping with her lack of clothes, Serena also completely ditched the makeup, allowi...