Google parent firm Alphabet’s profit ahead of expectations thanks to ad rebound July 26, 2023 Google owner Alphabet’s second-quarter profit exceeded expectations as it announced that long-time CFO, Ruth Porat, would assume a new role while the company sought a new finance chief. Alphabet’s results were helped by steady demand for its cloud services and a rebound in advertising. The shares jumped 8 per cent in after-hours trading. Shares of [...]
Absolute and KISS launch new subscription service as radio tries to keep up with the streamers May 27, 2022 With the huge explosion of music streaming, even radio is now trying to monetise on the brave new subscription service world.
Garden furniture prices spike ahead of another summer of garden-crawling June 21, 2021 With Covid-19 hammering hospitality spaces, garden furniture has soared in popularity in the last year, while the UK braces for another summer of garden-crawling instead of the typical pub routes. While there are still restrictions on visiting pubs and homes, many will be opting for garden gatherings over pub crawls this summer, much like the [...]
The Notebook: Forget the polls, Labour is miles ahead on Linkedin April 17, 2024 Michael Martins takes the Notebook pen to talk Linkedin politics, meeting 2024's batch of wannabe MPs, and upcoming literary revelry.
Why there’s doubt over Royal Mail’s fourth chief in five years, before she’s even started April 4, 2024 Royal Mail's incoming chief Emma Gilthorpe has not yet stepped foot in the door but she already faces scepticism about her credentials.
The spectre of entrenched inflation will soon hit loss-making start-ups hard February 18, 2022 Larry Summers was Treasury Secretary to Bill Clinton, Barack Obama’s Director of the National Economic Council, and President of Harvard University. When he offers an economic prediction, therefore, he is worth listening to. A recent one was sobering. Summers believes we are entering a period of “higher entrenched inflation”. Make no mistake: inflation is a [...]
TikTok beats Google for top internet hotspot December 24, 2021 Video sharing platform TikTok has beaten Google as the most popular online destination after soaring in popularity over the course of the pandemic. Fuelled by Gen Z amid social restrictions, the app has held the top position since August, after dethroning Google in February, March and June. Google came first last year, and was surrounded [...]
Norway sovereign fund loses more than $150bn thanks to tech rout August 17, 2022 Reuters Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022 as stocks and bonds were hit by global recession fears and rampant price inflation. The $1.3 trillion fund’s return on investment was a negative 14.4% for the January-June period, which [...]
G20 leaders back global minimum corporate tax deal from 2023 October 30, 2021 World leaders are set to endorse a deal on a global minimum corporate tax of 15 per cent, to be enforced in 2023. Leaders are readying to back the Organisation for Economic Co-operation and Development (OECD)’s deal, according to draft conclusions of the G20 summit. The documents, seen by Reuters, stated: “We call on the [...]
I think it’s bullish to see the New York Times recognising Bitcoin as strong while other currencies fail September 28, 2022 Crypto AM's Nigel Green rejoices at a sudden change of tune from the New York Times - usually a crypto-knocking behemoth.