What the other papers say this morning – 25 April 2014 April 24, 2014 FINANCIAL TIMES Google+ chief out ahead of shake-up The Google executive who led its attempt to challenge Facebook in social networking is leaving the company, ahead of changes to the service. Vic Gundotra, a former Microsoft executive who has spent almost eight years at the search firm, launched Google+ in June 2011, with the stated [...]
New York Report: Dow and S&P hit record highs on ECB’s easing June 5, 2014 DOW JONES and the S&P 500 ended yesterday’s trading at record highs after the European Central Bank cut rates to record lows and pledged to do more if needed to fight off the risk of deflation. The Dow rose 98.58 points or 0.59 per cent, to 16,836.11, the S&P 500 gained 12.58 points or 0.65 per [...]
Which books do the giants of business read over the summer? July 29, 2014 You might be surprised how many older volumes make the cut. Most of us look at our summer holiday as reading prime time. Indeed, research from TripAdvisor found that, for nearly one in four of us, it’s the only time we manage to read a book. And even if you read more regularly, a [...]
CollectPlus plots growth plans to rival Post Office May 12, 2014 COLLECTPLUS launched a fresh assault on the Post Office today after announcing plans to expand its parcel returns and delivery service to 7,500 stores over the next 12 months. The company was launched in 2009 and has grown rapidly thanks to the boom in online shopping, click and collect, and consumers demanding more convenient ways [...]
Home Retail Group to open new smaller Argos stores in London April 30, 2014 HOME Retail Group announced yesterday it will trial two new formats of its Argos stores as well as extend its new digital concept stores and ramp up its home delivery offer as the retailer continued to turn itself around. The group, which reported a 27 per cent rise in full-year profit yesterday, said it will [...]
Bottom Line: Postman Pat tries for a competitive edge May 21, 2014 WE GOT an advance delivery from Royal Mail ahead of its first full year results as a private company this morning. It announced plans for Sunday opening of some offices for parcel collection and a pilot Sunday delivery scheme. That’s significant, given how much of the delivery market Royal Mail has – 99 per cent [...]
Price of digital music and apps set to skyrocket March 24, 2014 THE PRICE of digital goods – such as music, ebooks and mobile apps – sold by some of the largest technology companies could jump after a tax loophole that allowed firms to avoid paying VAT on their sale is closed next year. The change, if passed on to customers by a price increase, could see [...]
Washington Post sold to Amazon boss August 5, 2013 JEFF Bezos, the founder of Amazon.com, will buy the Washington Post newspaper for $250m, bringing the curtain down on its 80-year old ownership by the influential Graham family. Bezos, who founded Amazon in 1994, will buy the newspaper and affiliate businesses in an all-cash deal, it emerged last night. The internet entrepreneur told employees in [...]
What you need to know before the US open April 25, 2014 US stocks futures suggest a lower open for markets, following Amazon and Ford falling in pre-market trading, on the back of their quarterly earnings reports. More optimistic numbers from Microsoft failed to outweigh the slightly more negative sentiment, which has been reinforced by escalating tensions in Ukraine. Corporate news Nokia has confirmed its delayed deal [...]
Bottom Line: Not much can really change in two years May 19, 2014 IF INVESTORS were in any doubt that gaming is big business, they only need to scan rumour boards yesterday for their fear to be allayed. As Game announced its return to market after just two years, the tech world was rife with talk that Google is preparing a $1bn bid for Twitch – an online gaming community [...]