Business

Were Taylor Swift fans tracked at her gig?

Image copyright Reuters A major stadium in Los Angeles has confirmed that it uses facial recognition tech during sport and music events, to spot known troublemakers. The Rose Bowl told news site Gizmodo that it used the tech “inside and outside” the stadium gates. It made the statement after an article in Rolling Stone alleged […]

Business

New Facebook bug exposed millions of photos

Image copyright Reuters Facebook has revealed that a software bug exposed the photos of up to 6.8 million users, including pictures they had not posted. It said several third-party apps had access to “a broader set of photos than usual” for 12 days in September. It is the latest in a series of data breaches […]

Business

Why are people spending less this Christmas?

Image copyright Katy Straub There are discounts galore on the High Street, and online retailers have also started discounting products, 12 days before Christmas. Sales usually rise in the run-up to Christmas, so why are consumers spending less this year? In November, market research firm GfK’s long-running Consumer Confidence Index dropped by three points to […]

Business

Dixons Carphone posts £440m loss in first half

Image copyright Dixons CarphoneImage caption Dixons Carphone employs more than 42,000 people in eight countries Shares in Dixons Carphone have tumbled by 14% after the retailer wrote down the value of its mobile business, Carphone Warehouse. The retailer, which also owns Currys PC World, posted a loss of £440m for the six months to 27 […]

Business

Sainsbury’s shares hit by Asda deal fears

Image copyright Getty Images Shares in Sainsbury’s have fallen 5% after the retailer said it was seeking to delay an investigation into its proposed merger with Asda. The Competition and Markets Authority (CMA) has denied its request for an 11-day extension but Sainsbury’s said it would appeal against the decision. The move raised fears the […]