Mar 14

BBC Reinstates Gary Lineker, Ending Huge Crisis

  • 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.
Mar 13

Silicon Valley Bank UK arm acquired by HSBC for 1 pound

  • 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).
Mar 13

Gary Lineker Is In The Center Of A Culture War Engulfing The U.K.

  • 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.
Mar 10

WhatsApp Says It Would Leave UK If Government Tried To Weaken Encryption

  • 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]”
Mar 04

Alphabet Must Negotiate If Contract Staff Unionize, Labor Board Official Rules

  • 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.