Netflix share price tumbles on subscription slowdown, sparking takeover speculation April 19, 2016 Shares in Netflix have tumbled like a house of cards, down more than 10 per cent after subscriber numbers failed to hit estimates – indicating a slowdown in growth. The streaming service forecast half a million new additions to its service in the US by June, and two million around the rest of the world, below [...]
An MBA is more important at technology companies than banks January 28, 2016 An MBA is more important when hiring for jobs in technology than it is at any big bank on Wall Street, surprising new research reveals. For major technology firms such as Facebook, Google and Amazon, 10 per cent of jobs advertised made a preference for an MBA, compared to just four per cent of jobs [...]
Parcel group to develop Amazon deal April 22, 2015 DISTRIBUTION specialist Connect Group is expanding its Pass my Parcel deal with online retailer Amazon after a successful six month pilot scheme. The firm said the offer will be rolled out to 3,000 stores over the next nine months, up from 700. This is an increase on the previous target of 2,000 stores. Connect boss [...]
Is fintech the new black? Lower trust in disruptors gives banks reason to cheer June 10, 2016 Digital innovation – and more specifically the impact of fintech – is currently the most intensely debated topic in the financial services sector. Two years ago hardly anyone outside the industry had heard of fintech. Now it’s the hottest investment class globally for VCs. PwC recently produced a report claiming that over 20 per cent [...]
A man who studied rich people for five years found they avoid one type of person April 18, 2016 Who you hang out with matters more than you may think. In fact, your friendships could have a major impact on your net worth. After researching the daily habits of wealthy people for five years, author Thomas C. Corley found that they avoid one type of person at all costs: pessimists. "Self-made millionaires are very [...]
Morrisons’ share price falls 2.5 per cent as dividend is cut on sales and profits decline March 10, 2016 Sales and profits at Morrisons have fallen again – but the supermarket management is talking confidently about progress made so far, and guided on future dividends in an effort to woo shareholders. Morrisons' share price was down 2.5 per cent in mid-morning trading, however, as investors digested the news that this year's dividend was being slashed [...]
Amazon figures lifted by North American sales April 23, 2015 AMAZON.COM reported higher-than-expected revenue in the first quarter as sales jumped in North America, the e-commerce giant’s biggest market. Revenue rose 15 per cent to $22.7bn (£15.08bn), the company said yesterday. Analysts had, on average, expected revenue of $22.39bn. Sales from North America climbed 24 per cent to $13.4bn in the first quarter ended 31 [...]
It’s time to celebrate consultants’ contributions May 10, 2016 The public and thousands of organisations benefit hugely each year from the skills and innovation provided by the UK’s world-class consulting firms. For example, partnerships between management consultancies, the private sector and government are improving the management of long-term health conditions, delivering reductions in crime and greater public safety, introducing new digital services, and helping [...]
Picking up the Slack: CMO Bill Macaitis on why word-of-mouth is central to the unicorn’s success June 6, 2016 "We're selling organisational transformation," says Bill Macaitis, chief marketing officer of Slack – Silicon Valley darling and contender for the fastest growing B2B software-as-a-service company in history. Slack is more than a workplace messenger. It is a communication and collaboration tool which facilitates meetings, provides access to shared documents, and breaks down silos between apps by integrating Twitter, [...]
Netflix and other binge-watching might be making you unhappy and unwell according to new study March 10, 2016 Self-confessed binge-watcher? All those hours sat in front of House of Cards, Breaking Bad and Orange is the New Black could be making you ill, a new study has warned. The addictive way we watch Netflix, box-sets, stacked series linked shows is being linked to poorer mental and physical health. It is, according to researchers from the [...]