What a week it’s been; Glastonbury came to a close, Apple Music was launched and the UK was blessed/cursed with a heatwave. It has also been a hot week for news - here at the top stories that have caught our eye this week.
According to a survey commissioned by eBay Advertising, Wimbledon is set to spark shopping trends. The report revealed that in addition to attire worn by celebrity spectators and ‘Wimbledon wags’ such as Kim Murray, tennis brands such as Fred Perry and Lacoste are set to see a boost as a result of the tournament.
Bitcoin gambling site Primedice announced on its blog this week that it had lost $1 million to a hacker who exploited a software flaw in the online casino’s RNG system.
The scammer had created multiple accounts under various aliases and had found a way to confuse the server, providing him with the information required to corroborate the outcome of his bets.
Primedice stated that they had decided to share their story “for transparency and so that others can learn from our mistakes.”
Greece has become the first advanced economy to default on an International Monetary Fund (IMF) repayment. One man from the UK has taken the matter into his own hands by creating a crowdfunding campaign for the country. At the time of publication the Indiegogo page had raised €1,424,454.
Heading to Greece? Check our Airpark’s top tips on staying savvy during the crisis.
It’s been a bad week for Donald Trump. Following offensive and racist remarks made about the people of Mexico in a campaign speech, the presidential hopeful has been dropped as the mainstay on The Apprentice by NBC.
The billionaire has also been dumped by Macy’s Inc and Spanish-language broadcaster Univision has announced it will no longer air the Miss USA pageant, which is partly owned by Trump, following the remarks.
And a YouGov survey has revealed a rise in the downloads ad-blocking software, with almost half (44%) of adults in the UK unaware that online ads fund free content online, such as news or music streaming.
“When it comes to a free and an ad-free internet, a lot of consumers want to have their cake and eat it,” said the IAB chief executive, Guy Phillipson.
“However, those unaware that most online services are free – or cost very little – because sites make money from showing visitors ads, could be in for a shock if websites start charging for access because ad blocking reduces their revenue from advertising.”