- Gary Lineker will return as presenter of flagship BBC football show Match of the Day, the broadcaster said Monday, ending a crisis sparked by his criticism of the UK government's new asylum policy.
- "Gary is a valued part of the BBC and I know how much the BBC means to Gary, and I look forward to him presenting our coverage this coming weekend," said BBC director-general Tim Davie.
Read More at ndtv.com
- HSBC officially announced on March 13 that its subsidiary, HSBC UK Bank, is acquiring Silicon Valley Bank UK (SVB UK) for 1 British pound ($1.21).
- As of March 10, 2023, SVB UK had loans of around 5.5 billion pounds ($6.7 billion) and deposits of around 6.7 billion pounds ($8.1 billion), HSBC said in the announcement.
- For the financial year ending Dec. 31, 2022, SVB UK recorded a profit before tax of 88 million pounds ($107 million). SVB UK’s tangible equity is expected to be around 1.4 billion pounds ($1.7 billion).
Read More at cointelegraph.com
- Gary Lineker said the government’s language about asylum was “not dissimilar to that used by Germany in the '30s.”
- BBC then announced that Lineker was going to “step back from presenting its flagship soccer program ‘Match of the Day’
- The move sparked outrage on social media, and the hashtags #ImWithGary and #BoycottBBC began trending on Twitter.
- Several other TV and radio hosts pulled out of presenting soccer and other sports shows, forcing BBC to air reruns.
Read More at nbcnews.com
- WhatsApp chief Will Cathcart says the messaging app will depart the UK if it’s forced to weaken its encryption standards under the country’s upcoming Online Safety Bill.
- Cathcart on Thursday criticized the legislation as the most concerning set of online regulations in the Western world.
- WhatsApp’s warning follows similar threats from another encrypted messaging app, Signal, who said last month that the company “would absolutely 100 percent walk [away from the UK]”
Read More at theverge.com
- Alphabet Inc.’s Google is legally the boss of YouTube contract staff and must collectively bargain with the workers if they vote to unionize, a US labor board official ruled.
- In a Friday decision, a regional director of the National Labor Relations Board rejected the internet giant’s claims that it wasn’t the employer of a group of Texas-based YouTube workers, who are hired via the staffing agency Cognizant Technology Solutions Corp.
Read More at bloomberg.com