Microsoft and Oracle team up to take on Amazon Web Services June 5, 2019 Microsoft and Oracle will connect their cloud services in an effort to woo big businesses and take on market leader Amazon Web Services (AWS). The combined service will enable users to connect Oracle’s autonomous databases with Microsoft services, such as Azure analytics and artificial intelligence. The new high-speed link between the two company’s data centres [...]
Global video-on-demand subscriptions set to near 1bn by 2024 June 3, 2019 Global subscriptions of on-demand video platforms are set to surge towards 1bn over the next five years, new figures have revealed. The total number of subscriptions will soar 86 per cent from 439m last year to 947m in 2024, according to London-based firm Digital TV Research. Read more: Live TV still holds top spot despite [...]
Amazon hits back at Hammond’s digital tax with high street venture June 2, 2019 Amazon is launching a programme to help digital businesses find success on the high street, with a series of pop-up stores across the UK. The move follows comments from chancellor Philip Hammond that the tech giant and other online behemoths hold a “near-monopoly” over physical stores, contributing to retail's economic downturn. The e-commerce giant will open [...]
Notifications to EU Commission about unlawful tax breaks rocket in state aid crackdown May 30, 2019 The number of notifications to the EU Commission about potentially unlawful tax breaks has rocketed as countries take a tougher stance on state aid. In the last five years the Commission was notified about 385 potentially unlawful tax breaks, compared to just 80 between 2007 and 2013. Over the 12 months to 31 March the [...]
Netflix raises prices by 20 per cent as it blames $15bn production budget May 30, 2019 Netflix is raising the prices of some of its subscriptions by as much as 20 per cent as it prepares to ramp up investment in new TV shows and films. The streaming service is increasing the cost of its standard plan, which allows users to watch on two screens, by £1 to £8.99, while the [...]
Netflix and Amazon cash in on British streaming market with double the revenue of UK services May 29, 2019 Netflix and Amazon’s revenues from UK streaming customers last year was £1.1bn, twice the amount the Britain’s biggest broadcasters made from their own streaming platforms. Netflix made around £693m in revenues from its UK subscriber base of 10m people last year, while Amazon generated £400m from 7.7m subscribers to its Prime Video platform. The figures, [...]
Live TV still the top choice for Brits despite rise of on-demand viewing May 28, 2019 Broadcast live TV is still the go-to option for Brits when deciding what to watch, despite the surge in popularity of on-demand services, a new survey has revealed. More than two-fifths of the UK population still always turn to live TV in the first instance, making traditional broadcasters the most popular choice, according to research [...]
Will Amazon’s Deliveroo stake improve its luck in the UK? May 21, 2019 Online retail giant Amazon has made a large investment in food courier Deliveroo, taking a stake in the startup’s latest £450m fundraising round. Amazon has attempted to enter the food delivery market before with Amazon Restaurants UK, which was shut down last year. Amazon also runs Prime Pantry, a service allowing Prime members to order [...]
The future looks bright for university graduates May 21, 2019 This month, university students across the country are being tested on their chosen field of study. As if the exam season weren’t stressful enough, final-year students also have to deal with acute cases of so-called employability anxiety. This generation is already described as the “most anxious in history”, so adding extra stress makes for a [...]
Just Eat shares fall after Amazon leads $575m investment round in rival Deliveroo May 17, 2019 Just Eat shares fell eight per cent this morning after Amazon led a $575m (£450m) investment round in rival Deliveroo. Read more: Deliveroo to 'invest heavily' in London tech with Amazon's £450m Just Eat's shares dropped 8.3 per cent to 621p in early trading after the fund raising. Analysts at Peel Hunt said that the Amazon [...]