Asos founder Nick Robertson steps down as boss September 1, 2015 Asos founder and boss Nick Robertson is expected to announce his departure from the top job at the fashion website this morning. Read more: Asos goes from annus horribilis to the height of fashion Robertson who set up the company, one of the UK’s most high-profile tech success stories in 2000, has told the board he [...]
Lee Rochford stands down as chief financial officer of Virgin Money September 1, 2015 Lee Rochford has resigned from his role as chief financial officer of Virgin Money, the company announced today. Read more: Virgin Money IPO: Jayne-Anne Gadhia to get £1m bonus, but misses a bigger payout on low valuation His permanent replacement has not yet been decided, but Dave Dyer, currently strategy director of the firm, [...]
Supermarket wars hot up: Poundland launches online shopping trial September 1, 2015 Poundland is dipping a toe in the waters of online retailing, with the bargain chain launching a trial online shopping service today. The discount retailer’s website, will initially offer 2,000 products ranging from Poundland’s £1 Make Up Gallery cosmetics range to Toblerone bars and three-for-£1 cans of Coke. Poundland said the service will have no [...]
Jailbroken iPhone accounts stolen in what could be biggest-ever Apple hack September 1, 2015 Details of more than 225,000 Apple accounts were stolen without users’ knowledge – but only on phones that were "jailbroken". Using malware spread through popular jailbreak tool Cydia, hackers managed to steal account information from users in 18 different countries, according to research from Weiptech and Palo Alto networks: We believe this to be the [...]
Apple said to be exploring original film and TV production for Apple TV, going up against Netflix and Amazon Prime September 1, 2015 Netflix, look out – it looks like Apple might finally be making the leap from tech to entertainment, as rumours grow that the Cupertino tech giant is looking to produce original movies and TV shows. The company is holding meetings with Hollywood execs to discuss producing original programming for Apple TV, reports Variety. The push [...]
UBS teams up with Annie Leibovitz for multimillion pound global rebrand as bank seeks to become more “human” September 1, 2015 The banking group UBS partnered with the world-renowned photographer Annie Leibovitz for its multimillion pound rebranding project, which will span TV, digital and print media. The project will also run at high-footfall airports. Leibovitz, who was behind Marks & Spencer's recent high profile campaign, has created a series of photographs for the group's new campaign. [...]
888 steps up the fight for Bwin.party as GVC talks continue September 1, 2015 It must be nice to feel wanted. Bwin.party, the gambling software company which is currently the subject of a tug-of-war between 888 Holdings and Irish rival GVC, said today that 888 had revised its proposal for a takeover. The company had been in relatively straightforward takeover talks with 888 since May – until GVC waded [...]
Pay hike on the cards as Oliver Bonas becomes first UK high street chain to pay living wage August 31, 2015 Gifts and homeware retailer Oliver Bonas has provided a major boost to the high street after committing to paying its staff the living wage. The chain, which has 43 UK stores as well as a warehouse and head office in Chessington, announced it will start paying all directly-employed staff and third party contractors at [...]
JP Morgan Cazenove stays ahead of rival Bank of America Merrill Lynch in top broker battle August 31, 2015 JP Morgan Cazenove’s capture of Barclays’ coveted broking mandate has helped the investment bank stretch its lead at the top of the latest adviser rankings. The bank, which brokers giants like Vodafone and Standard Chartered, has 34 FTSE 100 clients, seven more than its nearest rival Bank of America Merrill Lynch, according to the [...]
Cannabis firm Tweed Marijuana makes profit for first time August 31, 2015 Canadian marijuana company Tweed Marijuana is riding high after posting its first profitable quarter and agreeing a friendly merger with Bedrocan Cannabis Corporation. The figures The Ontario-based parent company of medicinal marijuana producers announced revenue of $1.7m (£1.1m) in the three months to 30 June – a 39 per cent quarterly increase – which helped [...]