Posts made in July, 2014

on Jul 31, 2014

By Staff Writer Delegates at The Drum Live earlier this month were duped into believing they had bumped into an old friend as part of a live experiment exploring privacy in a digital world. Innovation company Abundance brought along an actor to forensically research five unsuspecting delegates – including keynote speaker Cindy Gallop – using information freely available on the internet. During the course of The Drum Live, the actor then used the personal information he’d garnered to convince the perfect strangers he was an old friend. Hidden camera footage – which you can see in the video below – reveals that he managed to Read full story › Source: The Drum...

on Jul 31, 2014

By John Glenday Telecoms provider BT has reported a 2 per cent rise in revenue to £4,354m in the quarter to 30 June, with underlying revenue (excluding transit) rising by 0.5 per cent. Bosses have left their outlook unchanged despite earnings before interest, taxes, depreciation, and amortization being flat over the period. Nevertheless profit before tax was up 7 per cent to reach £638m and earnings per share rose 10 per cent to reach 6.5p. BT chief executive Gavin Patterson said: “We have made a good start to the year. We have delivered growth in underlying revenue excluding transit and in profit before tax, and free Read full story › Source: The Drum...

on Jul 31, 2014

By John Glenday A petition calling for the Press Complaints Commission to take action against The Sun over a recent fanciful ‘Mark of the Devil‘ story has been signed by over 5,000 people concerned for the welfare of the 4-year old boy at the heart of the non-story. Boasting of an ‘exclusive’ Tuesday’s edition of the tabloid screamed ‘Boy, 4 has mark of Devil’ from its front page, before an image of the child in question with a red mark applied to his chest. The paper’s editors, in cahoots with the child’s mother, didn’t take any account of the child’s privacy, reproducing his photograph Read full story › Source: The Drum...

on Jul 30, 2014

By Noel Young Twitter shares went up like a rocket yesterday as the company reported sales of more than $300 million in the second quarter The World Cup was a key element – but not the only factor – as Twitter stock finished more than 35 percent higher at the end of the day. CEO Dick Costolo, who has been making a lot of changes at the social network, said,”We had a strong quarter and made progress on multiple fronts. Our financial performance was truly exceptional.” The San Francisco company has struggled to maintain growth rates it had before Read full story › Source: The Drum...

on Jul 30, 2014

By Noel Young Twitter shares went up like a rocket yesterday as the company reported sales of more than $300 million in the second quarter The World Cup was a key element – but not the only factor – as Twitter stock finished more than 35 percent higher at the end of the day. CEO Dick Costolo, who has been making a lot of changes at the social network, said,”We had a strong quarter and made progress on multiple fronts. Our financial performance was truly exceptional.” The San Francisco company has struggled to maintain growth rates it had before Read full story › Source: The Drum...