Eleven Sports: Live-streaming service grapple with the future of sports broadcasting August 15, 2018 It’s fair to say Eleven Sports’ first foray into the UK sports broadcasting market did not go to plan at the weekend. The new boys on the scene arrived with hopes high and viewers intrigued, offering two days of the US PGA Championship for free, with a seven-day trial making the entire tournament available on [...]
Why ‘customer-centric’ is the latest designer label we all need October 8, 2018 I'M NOT NORMALLY a fan of surveys, but the Interbrand Best Global Brands Report is, for me, an interesting read. This year’s report has made the headlines because the top-performing sector is the luxury fashion and accessories sector, which has grown by 42 percent since 2017. Why are designers doing well, and what can my clients [...]
Royal Mail share price falls as record revenues fail to offset profit problems May 17, 2018 Royal Mail today blasted through the £10bn revenue barrier, as continued stellar growth overseas offset a stuttering performance in the UK. But shares fell five per cent this morning with investors disappointed by a sharp deterioration in annual profits, which were hurt by charges from the firm’s pension fund overhaul. Today’s results take the shine [...]
EU approves controversial Copyright Directive, despite a major backlash from tech giants June 20, 2018 An European parliament committee has voted in favour of the Copyright Directive, leaving tech giants like Google, Microsoft and Amazon in the lurch over publication rights. The directive will force online publications to pay a portion of their revenues to publishers, and take on full responsibility for any copyright infringement on the internet. As a [...]
Brussels fines Google as the war continues | City A.M. July 19, 2018 Google has suffered another casualty in the battle between global tech giants and the EU. The European Commission yesterday fined the company a record €4.34bn for anti-competitive behaviour which competition commissioner Margrethe Vestager deemed “illegal”. The accusation is essentially that Google used the dominance of its Android operating system to promote its other products, such [...]
These are the companies with the best corporate reputations in the US for 2018 March 13, 2018 Amazon has held on to the top spot among businesses with the best corporate reputation, according to an annual poll from the US. Elon Musk’s Tesla meanwhile climbed the rankings and came in third for 2018, just below supermarket chain Wegmans which held onto second place. Aldi and the Walt Disney Company also made the [...]
Beware the real Beast from the East: Chinese tech giants March 5, 2018 The last week has seen the UK battered by the worst snow we’ve seen in years, thanks to freezing temperatures coming from the east. But cold weather and heavy snow is not the only thing that is making the move from east to west. Chinese tech giants Alibaba, Tencent, Baidu and JD.com have started to [...]
Netflix’s share price slumps 14 per cent after reporting a disappointing second quarter July 16, 2018 Wall Street darling Netflix’s share price plummeted by 14 per cent in after-hours trading, thanks to a set of lacklustre results for its second quarter. The site added 5.2m subscribers globally in the three months to June, about a million fewer than it had forecasted. Netflix said in a letter to shareholders that it had [...]
Elon Musk’s tough year is a lesson for entrepreneurs that business isn’t all fun and games August 28, 2018 Poor Elon Musk. It might be difficult to feel sympathy for a billionaire, but entrepreneurs everywhere would have felt a pang of compassion on reading Musk’s emotional interview with the New York Times last week. As he recounted the stresses and strains of his last 12 months as head of Tesla – which he calls the [...]
Five reasons why tech stocks are in trouble November 27, 2018 For months, technology stocks have been the holy grail for growth, with valuations reaching dizzying heights. So, considering that what goes up must come down, perhaps it’s not surprising that stocks started tumbling last week. Share prices for each of the five tech giants – Facebook, Amazon, Apple, Netflix, and Google (the so-called Faangs) – [...]