Press Gazette
Retail tycoon Sir Philip Green, Chairman of Arcadia Group, has been outed as the businessman in the The Telegraph #MeToo scandal, Press Gazette reports. The national newspaper had been trying to reveal accusations of wrongdoing but NDAs and a court order prevented it. This was circumvented by Lord Hain using parliamentary privilege to name Sir Philip Green.
The Telegraph
Although it cannot yet know the detail, "The Telegraph" is predicting that Monday's budget will be used by the Chancellor to make it far easier for pension funds to invest in start-ups to help make the UK a far more investor-friendly economy in which new companies can flourish.
The Telegraph
Health Secretary Matt Hancock is calling for a new law to prevent children under 13 from using social media. "The Telegraph" reports he believes the major sites have a duty to deny access to keep underage children.
The Guardian
"The Guardian" is reporting on WPP's share price being slashed by a further 20% yesterday after disappointing quarterly figures. The group's new Chief Executive, Mark Read, revealed that he would not "sugercoat the reality" that the company had "underperformed" in the third quarter.
Campaign
Social is closing in on search as a channel for consumers to find out about brands and purchase their products and services. "Campaign" reveals that GlobalWebIndex figures show 42% of Brits discover and buy from brands they have discovered through social, up from 30% three years ago. Search has remained constant at the top of the pile for 52% of consumers.
The Guardian
"The Guardian" is suggested music journalism is in rude health. Following the highly publicised closures of several major titles, such as NME ceasing its print version, the paper is claiming surviving well-known titles and new niche magazines are actually doing much better than they had hoped just a couple of years ago.
The Telegraph
Facebook has broken with tradition to reveal the extent of content it has to remove. In the last quarter alone, "The Telegraph" reveals, the site took down 8.7m pictures of child nudity.
BBC
Apple CEO Tim Cook used a speech in Europe to praise the authorities for the GDPR, which became law in May, and to call on the US authorities to pass a similar law to protect against the "weaponisation" of personal information which is akin to "surveillance," the BBC reports.
Press Gazette
The Government has confirmed it has no intention of making television leader debates mandatory, "Press Gazette" reports. "Sky News" had been running a campaign to make debates a legal necessity but the Government says it has no intention of brining in the required change to electoral law.
The Guardian
Facebook has been given a GBP500,000 fine by the ICO after it concluded its investigation into the Cambridge Analytica scandal. "The Guardian" points out that this was the maximum fine available to the data watchdog because the incident occurred before the introduction of the GDPR in May.