Salesforce founder Marc Benioff buys Time magazine for $190m September 17, 2018 Salesforce founder Marc Benioff and his wife are buying Time Magazine in a $190m (£145m) cash transaction. Benioff, whose personal wealth is estimated at $6.7bn, and his wife Lynne are buying the iconic brand from current owner Meredith Corporation in a personal purchase unrelated to Benioff’s sales software company. The billionaire couple won’t be involved [...]
Salesforce founder Marc Benioff buys Time magazine for $190m September 17, 2018 Salesforce founder Marc Benioff and his wife are buying Time Magazine in a $190m (£145m) cash transaction. Benioff, whose personal wealth is estimated at $6.7bn, and his wife Lynne are buying the iconic brand from current owner Meredith Corporation in a personal purchase unrelated to Benioff’s sales software company. The billionaire couple won’t be involved [...]
City Moves for 17 September 2018 – who’s switching jobs at Hampshire Trust Bank, Pocket Living and Seedrs? September 17, 2018 Today's City Moves cover banking, property and private equity investing. Take a look at these movers and shakers: Hampshire Trust Bank Hampshire Trust Bank (HTB) has promoted David Alcock to managing director of the bank’s development finance division. David, who has served as deputy managing director, development finance, for four years, succeeds Robert Grigg, who [...]
City Moves for 17 September 2018 – who’s switching jobs at Hampshire Trust Bank, Pocket Living and Seedrs? September 17, 2018 Today's City Moves cover banking, property and private equity investing. Take a look at these movers and shakers: Hampshire Trust Bank Hampshire Trust Bank (HTB) has promoted David Alcock to managing director of the bank’s development finance division. David, who has served as deputy managing director, development finance, for four years, succeeds Robert Grigg, who [...]
Companies dragging feet on encouraging boardroom diversity, report claims September 16, 2018 Corporate governance regulator the Financial Reporting Council (FRC) has criticised top British companies for having a lax attitude on encouraging boardroom diversity, accusing businesses of taking a “tick-box” approach. A report conducted by the FRC by the University of Exeter Business School found that only 15 per cent of FTSE 100 companies were in full compliance [...]
Companies dragging feet on encouraging boardroom diversity, report claims September 16, 2018 Corporate governance regulator the Financial Reporting Council (FRC) has criticised top British companies for having a lax attitude on encouraging boardroom diversity, accusing businesses of taking a “tick-box” approach. A report conducted by the FRC by the University of Exeter Business School found that only 15 per cent of FTSE 100 companies were in full compliance [...]
City Moves for 14 September 2018 – who’s switching jobs at European Vacation Rentals, CBRE and QualiTest? September 14, 2018 Today’s City Moves cover tourism, property and software. Take a look at these movers and shakers: European Vacation Rentals Henrik Kjellberg, former president at Expedia, has been appointed group chief executive of the European Vacation Rentals business acquired by Platinum Equity from Wyndham Worldwide earlier this year. Henrik has spent more than 20 years working [...]
City Moves for 14 September 2018 – who’s switching jobs at European Vacation Rentals, CBRE and QualiTest? September 14, 2018 Today’s City Moves cover tourism, property and software. Take a look at these movers and shakers: European Vacation Rentals Henrik Kjellberg, former president at Expedia, has been appointed group chief executive of the European Vacation Rentals business acquired by Platinum Equity from Wyndham Worldwide earlier this year. Henrik has spent more than 20 years working [...]
British scaleups must leap the confidence gap to achieve growth September 13, 2018 It's a well-worn fact that small businesses are the backbone of Britain. It’s also well-known that they have a high failure rate, as four tenths of SMEs fail within five years. Far less well explored are the reasons behind this failure rate. To better understand the challenges facing these businesses as they attempt to scale, we [...]
British scaleups must leap the confidence gap to achieve growth September 13, 2018 It's a well-worn fact that small businesses are the backbone of Britain. It’s also well-known that they have a high failure rate, as four tenths of SMEs fail within five years. Far less well explored are the reasons behind this failure rate. To better understand the challenges facing these businesses as they attempt to scale, we [...]