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‘Brexit staff shortage drives salaries higher’

Bloomberg A Brexit-driven decline in the availability of staff and surging demand for workers are pushing up starting salaries, according to Markit and the Recruitment and Employment Confederation. The availability of permanent candidates declined at the fastest pace in four months in September, according to a report published. Net migration to the UK has fallen to a three-year low after ...

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Switch gets $531mn in US tech IPO

Bloomberg Switch Inc. raised $531 million in its initial public offering, making it the third-biggest technology IPO this year in the US. The data center company sold 31.25 million shares for $17 each after marketing them for $14 to $16 apiece, Switch said in a statement. Only Snap Inc.’s $3.9 billion IPO and Altice USA Inc.’s $2.2 billion offering topped ...

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‘Fake news problem is more dangerous to solve’

Bloomberg Facebook Inc.’s chief security officer warned that the fake news problem is more complicated and dangerous to solve than the public thinks. Alex Stamos, who’s handling the company’s investigation into Russia’s use of the social media platform ahead of the 2016 US presidential election, cautioned about hoping for technical solutions that he says could have unintended consequences of ideological ...

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