S4 Capital revenues jump despite tech slowdown November 14, 2022 Investors in S4 Capital saw a much-needed boost in share price today after the London-listed firm appeared to dodge the wider tech turmoil. The brainchild of WPP founder Sir Martin Sorrell revealed that like-for-like gross profit climbed over 29 per cent to £249.9m in the third quarter, with “whopper” client projects bolstering the company’s results. [...]
Happy first birthday as King Charles: Monarch turns 74 today November 14, 2022 The King is celebrating his first birthday as monarch as he turns 74. Charles is expected to mark his 74th anniversary privately later today. He became king after the death of the Queen on September 8 and has since had a busy period. As Prince of Wales, he was sometimes away on official foreign tours [...]
Deep dive with DreamWorks’ former CTO: ‘Forget social media, the Metaverse tracks people much more intimately’ November 12, 2022 The novel Snow Crash has had the privilege of coining a term that would later become one of the most important words of the 21st century: metaverse. Google search trend data for the term shows an explosion from relative obscurity with a search volume score of 4/100 in early October 2021, to an all-time global high by search [...]
Forbes in ‘exclusive discussions’ with potential buyer after IPO flop November 10, 2022 Forbes said it has entered into “exclusive discussions” with an investor consortium as it gears up to sell the media firm. Although the value of the deal is not known, the consortium is made up of family offices and global investors. “We have entered into exclusive discussions with an interested buyer for Forbes, which is a [...]
Bumble tumbles as it misses Wall Street estimates November 10, 2022 Shares in the Bumble tumbled last night after the dating app’s third quarter results fell below Wall Street expectations. Although total revenue increased 16.8 per cent to $232.6m, compared to $199.1m, the dating group failed to rally momentum behind its other apps, including Badoo and Fruitz. The Badoo app and other revenue dropped 10.2 per [...]
Musk uses UK as test market for blue verification badges as £6.99 feature on Twitter goes live across Britain November 10, 2022 Twitter’s new social media platform’s subscription service has gone live across Britain. The service allows users to buy a blue verification badge for the first time. Twitter users on Apple’s iOS can now sign up and pay for the Twitter Blue service, which will give them the blue-tick badge next to their profile name on [...]
Did you watch? Matt Hancock’s frosty jungle debut met with ridicule, disbelief and laughter November 10, 2022 Matt Hancock’s highly anticipated arrival in the jungle was met with a mixture of shock, incredulity and uncontrollable laughter from his fellow I’m A Celebrity… Get Me Out Of Here! campmates. The former health secretary, 44, joined the cast of the ITV reality show on Wednesday, after facing much criticism over his decision from the [...]
Double-digit growth for ITV Studios saves the day November 9, 2022 ITV appeared to survive its own bush tucker trial this quarter, with its studios arm saving the day with double-digit growth. I’m a Celebrity maker delivered a 16 per cent boost in revenue to £1.4bn, as ITV Studios continues to grow ahead of the market with a roster of big-hitters, like Love Island. Although total [...]
Matt Hancock arrives in the jungle: ‘No, I don’t expect to serve in government again’ November 9, 2022 Former health secretary and West Suffolk MP Matt Hancock said he had received a lot of support for his decision to appear on ITV reality show I’m a Celebrity, and said it would be a good way to engage with a younger audience. However, Hancock said he “does not expect to serve in Government again” [...]
Mass layoffs at Meta: Is Facebook’s ‘absolute monarch’ Mark Zuckerberg finally listening? November 8, 2022 Facebook-owner Meta did not do well with investors during and after the latest earnings releases. Large institutional investors concluded that founder Mark Zuckerberg is not listening to investor concerns over capital expenditure plans for next year and ballooning operating expenses. But the Wall Street Journal is writing that Meta is now planning a large layoff [...]