From millions to billions: The exceptional growth of Bango May 15, 2023 When you can count Amazon, Google, Microsoft, Verizon and Samsung as being among your clients, you know your company has made it. No surprise then that Bango has won the prestigious King’s Award for Enterprise for International Trade. From an original thought in 1999 that mobile phones were going to be able to go to the internet and everybody [...]
Online retailer making waves around the world May 15, 2023 It started nearly 20 years ago with a keen record collector looking to find a market for some of his discs on eBay – then still a relatively new online auction website. Now Rarewaves.com is one of the largest online marketplace retailers in the world selling all manner of goods to all the countries around [...]
Warren Buffett bets on Paramount by snapping up £2bn stake May 17, 2022 Just when you think the streaming wars may be starting to settle down, one of the world’s most famous businessmen Warren Buffett snaps up a major stake in Paramount Global. Shares jumped over six per cent yesterday for the owner of MTV and Nickelodeon after it was revealed in a regulatory filing that Buffett’s holding [...]
Over 6,000 more jobs cut as IBM and SAP follow tech giants in mass layoffs January 26, 2023 Tech firms IBM and SAP have today both announced mass layoffs set to affect over 6,000 jobs, joining the tech downturn of 2023. IBM Corp, an American multinational technology corporation, today announced 3,900 layoffs while European tech firm SAP said it planned to cut 3,000 staff. News of the layoff sent IBM’s share price two [...]
FTSE 100 live: London rallies as Arm soars on US debut and Warhammer maker’s share price rises September 15, 2023 London’s FTSE 100 enjoyed a strong end to the week, as the global stocks rally continued with a stable showing from Wall Street and an improvement in China. The capital’s premier bluechip index ended the day well at over 7,30 points, more than 0.6 per cent up, having reached a high of 0.89 per cent [...]
If banks are so committed to net zero, why are they pumping trillions into fossil fuels? September 15, 2023 Banks continue to act against their own financial interests - and their own green pledges - when they keep investing in fossil fuels, writes Halima Begum.
Etsy accused of not paying enough UK tax, forking out £128,000 after pocketing £160m in sales June 20, 2022 Online marketplace Etsy has become the latest US retailer to be accused of not paying enough tax in the UK, having forked out just £128,000 as it pocketed £160m in sales. Etsy would have been liable to pay some £7m in corporation tax, had it booked all sales made in the UK at its [...]
Ofcom widens net for Big Tech probe September 22, 2022 Ofcom will be widening the scope of its probe into Big Tech, digging into competition concerns surrounding the cloud services space. The media regulator said this morning that it would launch a market study into the sector to ensure that markets are working well for people and businesses in the UK. Cloud services have exploded [...]
How Formula 1 is looking beyond Drive to Survive in search for new fans February 28, 2024 Ahead of the new season, a look at how F1 has turned to celebrities and streaming for further growth.
Exclusive: Activist shareholders push for ‘hybrid’ AGMs over fears firms are stifling debate March 30, 2022 A shareholder activist group is pushing FTSE 100 bosses to hold ‘hybrid’ shareholder meetings over fears that firms are stifling investor debate by holding meetings in person.