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5 Things You Need To Know, Today, on Friday 20th August 2021

 

5. The subscription site OnlyFans, known for its adult content, has announced it will block sexually explicit photos and videos from 1 October.

OnlyFans said the change had come after pressure from banking partners.

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4. Leading Japanese cryptocurrency exchange Liquid has been hit by hackers, with almost $100m (£73m) estimated to have been stolen after the company announced that some of its digital currency wallets have been "compromised."

Last week, digital token platform Poly Network was at the centre of a $600m heist.

(Click here to read more)

 

3. Share markets and oil prices fell on Thursday after the US Federal Reserve warned it could soon start to cut back its support for the economy.

An increase in coronavirus in some countries, signs of Chinese economic weakness and the Taliban's takeover of Afghanistan also spooked investors.

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2. Lloyds is planning to become one of the UK's biggest landlords as it aims to buy 50,000 homes in the next decade.

The banking giant is to charge tenants rent as a private landlord under its recently launched Citra Living brand.

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1. Supermarket group Morrisons has accepted an improved £7bn takeover bid from US private equity group Clayton, Dubilier & Rice (CD&R).

It means it has dropped its recommendation for investors to accept a previous £6.7bn offer from a consortium led by another US based investment group Fortress.

(Click here to read more)