Amazon plans LoveFilm buy for £200m January 3, 2011 AMAZON is planning a buy-out of the online DVD rental company LoveFilm, which would value the firm at £200m. The online retail giant already owns 42 per cent of LoveFilm after a deal in 2008 when it sold its DVD rental arm to the company. The cost of a buyout would therefore be around £116m. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 12, 2011 FINANCIAL TIMES MANAGERS STRUGGLE TO WOO THE WEALTHY Private banks across the world are still struggling to attract new clients, as the wealthy continue to shun professional investment managers in the wake of the financial crisis, according to a report published today. New money paid into private banks by clients fell nearly 19 per cent [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 12, 2011 FINANCIAL TIMES MANAGERS STRUGGLE TO WOO THE WEALTHY Private banks across the world are still struggling to attract new clients, as the wealthy continue to shun professional investment managers in the wake of the financial crisis, according to a report published today. New money paid into private banks by clients fell nearly 19 per cent [...]
Quick ways to get in shape August 22, 2011 FITNESS & DIET EXPERT LAST week, a study from the Lancet revealed that exercising for just 15 minutes a day can add three years to your life and cut the risk of cancer by a heartening 10 per cent. Here are my top five ways to maximise those fifteen minutes: you won’t just achieve those [...]
Groupon hires new CFO from Amazon December 20, 2010 GROUPON has brought in a former Amazon executive as its new chief financial officer, the discount coupon provider said yesterday. Jason Child, a former vice president of finance for Amazon’s international business, took on the new role with Groupon yesterday. Groupon turned down a $6bn (£3.86bn) buyout offer from Google earlier this month. The Chicago-based [...]
USAA top for customer service in US June 1, 2011 The top American company with the best service is military financial services giant United Services Automobile Association, a survey has shown. According to research by marketing company Nunwood the group beat global giants including Amazon. Nunwood surveyed 4,853 customers across the US in April, about 250 major American brands to discover what a top performing [...]
Hackers under suspicion for Amazon crash December 12, 2010 WEB giant Amazon last night became the latest suspected victim of a cyber attack by supporters of WikiLeaks. The firm’s website was out of action for more than half an hour during one of the most lucrative shopping days in the run-up to Christmas. The firm’s operations in the UK, France, Germany and Spain were [...]
FIT IN THE CITY August 1, 2011 FITNESS & DIET EXPERT RUN FREE Parkour or free running is the art of leaping around town – the idea is to get between two points as efficiently as possible, which usually involves lots of leaping and jumping, preferably with a bit of street furniture thrown in for good measure. Visit www.parkouruk.org for more info [...]
Amazon.com invests $175m December 2, 2010 Amazon.com is investing $175m in online coupon company LivingSocial, a pre-emptive strike against Google which is looking to buy Groupon, another coupon provider. LivingSocial said yesterday it also secured an $8m investment from Lightspeed Venture Partners, adding that it will use the funds to grow its business worldwide. LivingSocial said it is currently booking revenues [...]
TECHNOLOGY STOCKS ARE LOOKING UP AS ALL EYES TURN TO THE CLOUD June 14, 2011 NASDAQ is the second largest exchange in the US and the world, second only to the New York Stock Exchange (NYSE). The Nasdaq is known for technology and was the exchange of choice when technology start-ups were looking to list in the tech boom (and subsequent bubble) of the late 1990s. It has retained its [...]