World
Marks and Spencer pulls online ads from Google
London, UK-based retail chain Marks and Spencer on Monday became the latest firm to pull its online advertising from Google platforms over fears it is appearing next to extremist content.
 
It follows a UK government decision to remove its adverts from YouTube -- which is owned by Google -- after it emerged they had appeared alongside content from supporters of extremist groups, the BBC reported.
 
RBS, Lloyds and HSBC also announced similar moves over the weekend.
 
Google has said it does not always "get it right" and will improve.
 
The move follows a recent investigation by The Times, London, which found adverts from a range of well-known firms and organisations had appeared alongside content from supporters of extremist groups on the YouTube video site.
 
An ad appearing alongside a video earns the poster about 6 pounds ($8) for every 1,000 clicks it generates, meaning brands may have unwittingly contributed money to extremists.
 
Last week, ministers summoned Google for talks at the Cabinet Office after imposing a temporary restriction on the government's own adverts, including for military recruitment and blood donation campaigns.
 
Others such as fastfood chain McDonald's, beauty giant L'Oreal and luxury carmaker Audi, as well as the BBC, the Guardian and Channel 4, have suspended their advertising on both Google's search engine and YouTube site.
 
Sky News and Vodafone are also considering suspending their ads.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Indian owns 22 apartments in world's tallest tower in Dubai
An Indian businessman owns a staggering number of 22 apartments in Burj Khalifa tower, the world's tallest building located in Dubai in the UAE, a local newspaper reported on Sunday.
 
George V. Nereaparambil, a mechanic-turned businessman, says he intends to continue buying more if he gets a good bargain.
 
"If I get a good deal, I'll buy more. I am a dreamer and I never stop dreaming," he told Khaleej Times here.
 
Kerala-born Nereaparambil's purchases in the property began when a relative teased him about the Burj Khalifa building, he says.
 
"A relative of mine jokingly told me see this Burj Khalifa, you cannot enter it," he said.
 
After seeing a 2010 advertisement in a newspaper about an apartment for rent in the building, Nereaparambil rented the apartment the same day and started living in it.
 
Now, six years later owning 22 of the 900 apartments in the 828-metre high building, Nereaparambil said he ahs rented out five flats, and for the others, he is "waiting for the right tenant".
 
Nereaparambil has set up the GEO Group of Companies here after realising there was a huge scope for an air conditioning business in the hot climate of the desert, the paper reported.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

SRINIVAS SHENOY

1 year ago

What do you think?... Write your comments. It's commendable that a mechanic turned businessman has made a tiny fortune by owning 22 apartments, in the 828 Metre high building in Dubai. It is the product of dreaming with his sights set high and putting in efforts to achieve these dreams.

Tsunami drill begins in India, other Indian Ocean nations
A major Indian Ocean-wide tsunami mock drill involving India and 23 other Indian Ocean countries began on Wednesday to test warning and detection systems.
 
A tsunami warning was simulated with an earthquake of magnitude 9.2 south of Sumatra, Indonesia in the eastern Indian Ocean at 8.30 a.m.
 
The exercise involves evacuation of around 35,000 people from the coastal regions of India. The evacuation is being taken up in Andaman and Nicobar Islands, Odisha, Andhra Pradesh, Tamil Nadu, West Bengal, Kerala, Gujarat and Goa.
 
Authorities in Andhra Pradesh have selected a village each in nine coastal districts for evacuation as part of the exercise to check the preparedness.
 
The end-to-end warning systems -- from tsunami detection and forecast, threat evaluation and alert formulation, dissemination to public and their awareness and responses -- would be put to test during the mock drill, officials said.
 
Named 'IOWave16', the two-day mock drill is being organised by the Intergovernmental Oceanographic Commission (IOC) of the UNESCO, which coordinated the setting up of Indian Ocean Tsunami Warning and Mitigation System (IOTWMS) in the aftermath of the December 26, 2004 tsunami.
 
The major objectives of IOWave16 include testing the efficiency of communication links, disaster management offices and local communities at risk.
 
The Indian Tsunami Early Warning Centre (ITEWC), based out of the Indian National Centre for Ocean Information Services (INCOIS) here is capable of detecting tsunamigenic earthquakes within 10 minutes of their occurrence and issue timely advisories to disaster management officials as well as to the vulnerable communities.
 
On the second day of the two-day exercise on Thursday, agencies involved will simulate a magnitude 9.0 earthquake in the Makran Trench, south of Iran and Pakistan, in the northwestern Indian Ocean.
 
More than 2,00,000 people were killed in Dec 26, 2004 tsunami, which was triggered by an undersea earthquake off Sumatra, Indonesia.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  

 

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COMMENTS

Bapoo Malcolm

1 year ago

When do we have one in Mumbai? It's got tons of low lying areas and will wash from west to east coast.

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