Nintendo vows to ‘energise’ its Switch console offering following £200m cut to full-year forecast February 7, 2023 Nintendo has cut its full year forecast blaming a drop off in demand for its Switch console. The Japanese company has dimmed its full-year forecasts to a net profit of 370bn yen (£2.3bn) for the year ending 31 March, down from 400bn yen (£2.5bn) predicted last November. In the trading update, the video games manufacturer [...]
Google to launch own version of Microsoft’s ChatGPT: AI will ‘soon’ be integrated into search engine February 7, 2023 Google is launching its own artificial intelligence (AI) chatbot following the success of Microsoft-backed ChatGPT. The company said the product, named Bard, will be released to the public in the coming weeks and will provide written answers to questions in split seconds. AI will also “soon” be integrated into the company’s search engine to provide [...]
Dell cuts almost 7,000 jobs as computer sales fall February 6, 2023 Dell has revealed plans to axe five per cent of its global workforce amid failed restructuring efforts and falling consumer demand for computers. “This is a difficult decision that was not made lightly, and we’ll support those impacted as they transition to their next opportunity,” a spokesperson for Dell said. Chief operating officer Jeff Clarke [...]
Media: Bonhill offered £5.3m cash for InvestmentNews but admits to ‘no certainty’ on a sale February 6, 2023 Bonhill Group revealed that it had received an offer for InvestmentNews from an unnamed US buyer as it updated shareholders on the potential sale of its UK and Asia business. The London-listed company, which produces magazines and events for financial advisers, said it had received a $6.5m (£5.3m) cash offer from a US media buyer [...]
Beyonce is most decorated artist of all time with 32nd Grammy, as Adele, Sam Smith and Harry Styles scoop major gongs February 6, 2023 Beyonce has become the most decorated Grammy artist of all time, collecting her 32nd trophy at this year’s ceremony. The pop superstar, 41, made history as she won the best dance/electronic music album award for her house music-sampling album Renaissance. This took her one higher than the previous record, held by Hungarian-British conductor Georg Solti, [...]
Dragons’ Den-inspired Social Chain media agency that works with Amazon and TikTok sold for £7.7m February 3, 2023 Social Chain, the social media agency founded by Dragons’ Den star Steven Bartlett, is to be sold in a deal worth at least £7.7 million. Social and digital media group Brave Bison announced on Friday that it had struck a deal to buy Social Chain. Mr Bartlett, who is a Dragon on the BBC show [...]
Global the big winner in new radio figures as Heart, Capital and LBC take top spot in London February 2, 2023 Global Media group have posted exceptional fourth-quarter results as record numbers of listeners tuned into their popular radio stations every week. The media and entertainment company amassed the highest-ever share of the radio market at 25.4 per cent, producing an unrivalled total of 258 million hours across all their platforms. An increase of listeners to [...]
Amazon Prime and Netflix brace for cancellations as Brits look to trim spending January 30, 2023 More Brits are planning to unsubscribe from video streaming services this year, after new data revealed the number paid-for subscriptions in the UK fell by two million last year as rising costs continue to eat into household budgets. Data analytics group Kantar revealed today that the number video streaming subscriptions in the UK fell from [...]
Dorries: Ex culture sec joins Piers Morgan, Jeremy Kyle and Vanessa Feltz with TalkTV Friday night slot January 27, 2023 Former culture secretary Nadine Dorries will host a new Friday night talk show on TalkTV. The first instalment of her weekly, hour-long programme, titled Friday Night With Nadine, will feature an exclusive interview with former prime minister Boris Johnson. The Tory MP for Mid Bedfordshire joins a roster that also includes Piers Morgan, Jeremy Kyle, [...]
Nokia’s 16 per cent jump in sales lifts share price as it forecasts a strong year January 26, 2023 Nokia today reported a 16 per cent jump in sales for the last quarter, smashing expectations and sending its share price up by nearly six per cent at the open. In a fourth quarter trading update, Nokia said sales rose 16 per cent from the same period last year to £6.54bn (7.45bn euros), ahead of [...]