TV streaming services set for huge boost May 18, 2015 OVER-the-top television – additional content streaming services such as Amazon Prime and Netflix – can look forward to a huge surge in subscribers, with research showing that numbers are set to increase four-fold in the next few years. A report from Juniper Research concluded that global subscribers to such services will soar from 2.1m in [...]
Alibaba makes former Goldman Sachs executive its new president August 4, 2015 Alibaba has appointed former Goldman Sachs vice-chairman Michael Evans as its new president to lead the group's push into new international markets. Read more: As Jack Ma goes on a US charm offensive, does Alibaba pose a real threat to Amazon and Ebay? A Goldman Sachs veteran of 20 years, including a nine-year stint as its [...]
Amazon share price falls by the most in a decade as revenues disappoint October 23, 2014 Shares in Amazon fell as much as 13 per cent in New York after hours trading this evening – the company's biggest fall in at least a decade. The drop occurred after the online retailer posted disappointing results for the third quarter, with forecasts and sales falling well below Wall Street expectations. Analysts [...]
In pictures: Here’s what Amazon’s massive new London office will look like September 11, 2014 Tech giant Amazon announced this morning it has signed a deal to open a huge office just around the corner from Silicon Roundabout. The new office will provide space for more than 5,000 employees, it said. Amazon's new home will be Principal Place, a massive development between Liverpool Street and Shoreditch High Street stations, which [...]
Why Shoreditch is still so attractive for young firms – Investec Comment October 18, 2015 For a young business finding its feet, office space is a classic challenge. Alongside being a sizeable overhead, the question of how much space you take and how long you take it for is not easily resolved. Landlords will typically want to sign you up for as long as possible. But while your company is [...]
Christmas 2014: Amazon delivering until December 24, while Marks & Spencer, House of Fraser and Asos face capacity problems December 16, 2014 Worried you've left it too late to order Christmas presents online? You need to get your skates on if you want to avoid paying for special delivery, but some retailers are offering premium services up to the last minute. A new survey of retailers has found a number of businesses that promise to deliver [...]
Google share price U (for up) after Alphabet restructure August 11, 2015 Wall Street's more than happy with Google's restructuring move. Google shares, or Alphabet shares as they should now be known, opened more than five per cent up continuing the trend in after-hours trading following Larry Page's blog post revealing the new company vision. Investors are likely pleased that the move brings more transparency to the [...]
Christmas in July? A million Brits have already finished their festive season shopping July 23, 2015 It's only July, but more than a million Brits have already finished their shopping for Christmas, which is still five whole months away. It's not just a strange minority that already have the festive season wrapped up though. They may not have finalised everything quite yet, but more than a third of the country have, [...]
Christmas reading: Why not try a business book? From Amazon’s 14 principles to TED Talk secrets December 1, 2014 Although you might feel mildly frustrated if you’ve missed out on the four day-long Black Friday to Cyber Monday discount shopping extravaganza, that shouldn’t stop you from getting a good Christmas read sorted in advance. There are plenty of guides to the best books of 2014 – from novels to economic tomes – [...]
William Hill have loads of money August 11, 2015 TACT is not something bookies are known for. From Ladbrokes’ offers on who would replace sacked Barclays chief Antony Jenkins to betting on Greece’s future in the Eurozone, bold statements are a huge part of the betting world. No surprises, then, that William Hill celebrated a £50m prize giveaway by putting £50m in cash in [...]