Meet the Gartner Hype Cycle for 2015: It’s all about self-driving cars and smart dust in emerging tech trends August 18, 2015 You've probably heard of the self-driving car, but smart dust probably isn't on your radar just yet. That's because the autonomous vehicle trend has hit what's known as the peak of inflated expectation. Smart dust on the other hand, is at the earliest stage of innovation, as defined by Gartner in its annual research on [...]
Amazon hires for Christmas: 13,000 temporary UK jobs to be created over festive period October 20, 2014 Amazon is set to create an extra 13,000 temporary jobs in the UK over the Christmas season as the online giant braces itself for the busiest trading period of the year. The company announced yesterday it will hire people to work across it eight fulfilment centres across the UK and its customer service centre [...]
Amazon jobs: Online retailer plans to create 1,000 new positions in the UK October 13, 2014 Amazon is planning to hire 1,000 more staff to work at its distribution centres across the UK in the coming months. The permanent staff will be based at Amazon’s centres in Doncaster, Dunfermline, Gourock, Hemel Hempstead, Milton Keynes, Peterborough, Rugeley and Swansea Bay. The hiring spree will add to the 6,000 existing staff working at [...]
John Lewis to start charging for click-and-collect orders under £30 from this month July 1, 2015 Grave news for middle England: John Lewis is about to start charging for click-and-collect orders. The department store's managing director Andy Street revealed the plans – to charge £2 for orders worth less than £30 from the end of July – during last night's Christmas in July preview. There will be no charge [...]
“Drastic Dave” Lewis is delivering at Tesco with £4.2bn sale of South Korean arm Homeplus to MBK September 7, 2015 Ever since Dave Lewis was appointed chief executive of Tesco last year, he has made strengthening the balance sheet a priority for the troubled retailer. Although Homeplus in South Korea was a profitable business, the focus has been on protecting Tesco’s UK market share in light of increasing competition from lower priced discounters, such as [...]
Buzzfeed IPO: Boss Jonah Peretti says media company intends to go public May 28, 2015 Finally, the world will learn how much listicles and cat gifs are worth after the boss of Buzzfeed revealed his intention to take the media company public. Jonah Peretti, the founder and chief executive of the online media company – beloved by the young and envied by the executives of legacy media companies – told an [...]
Chinese economic crisis: China cuts rates as a pick-me-up after stock market crash August 26, 2015 Aftershocks from Monday’s chaos rippled through global markets yesterday, with shares bouncing back in parts of the west and China providing a shot in the arm for its battered trading floors and wavering economy. Following the worst worldwide stock market rout in years, the FTSE came out fighting and recorded its biggest one-day rise [...]
Alibaba share price rises to record high as company now worth over $100bn more than Amazon November 4, 2014 Chinese e-commerce giant Alibaba saw its shares rose to a record high yesterday of $106.07 after it reported strong second-quarter results and said it would invest for the long term to expand its customer base. It was Alibaba’s maiden quarterly results since its $25bn (£15.6bn) float on the New York Stock Exchange in September, when [...]
Royal Mail share price falls despite shrinking costs May 21, 2015 The figures The 500-year old postal service's revenues rose by one per cent to £9.4bn in the year to March 2015. Meanwhile, pre-tax profit fell from £1.6bn to £400m, although on an adjusted basis it rose to £569m, up from £421m in 2014. Operating profit after transformation costs rose to £466m, up from £428m a year earlier, with analysts saying this could signal [...]
iPhone 6s, 6s Plus, iPad Pro and Apple TV: Six analyst reactions as share price slips September 9, 2015 Several new highly anticipated Apple products have now been revealed – the iPhone 6s, 6s Plus, iPad Pro and Apple TV – but investors are not necessarily as blown away as Apple fan boys (and girls) are, with shares sliding by as much as two per cent following the big reveal. Analysts keeping an eagle-eye [...]