Extra large order: Beyond Meat hikes offering ahead of float April 30, 2019 A vegan burger startup sent signs of confidence through Wall Street today after raising the price range and size of its initial public offering (IPO). Read more: Vegan startup Beyond Meat brings plant-based burger to the UK In a move that could value the group at almost $1.5bn (£1.15bn), Beyond Meat is set to price [...]
Amazon boss Jeff Bezos tops list of Silicon Valley’s best performing tech CEOs April 30, 2019 Amazon’s share price has risen by 83 per cent year-on-year, making boss Jeff Bezos the US’s best performing tech chief executive. The online shopping platform’s share price has jumped $69.53 on average per year during Bezos’ 22-year reign as Amazon’s chief executive. Read more: Investigator accuses Saudi Arabia of hacking Jeff Bezos's phone In 1997, which [...]
Microsoft’s valuation passes $1 trillion as competition with Apple and Amazon heats up April 25, 2019 Microsoft’s valuation briefly exceeded $1 trillion (£776bn) for the first time yesterday after the firm posted strong revenue and profit growth in its quarterly results. Shares in the US tech behemoth rose as high as $130.87 in late trading, taking its market capitalisation past rivals Apple and Amazon and beyond the coveted $1 trillion mark. [...]
Microsoft Paint fans celebrate as digital drawing tool saved April 24, 2019 Microsoft will keep built-in drawing tool Paint in its Windows 10 update following suggestions from the company that the popular app would be removed. In 2017, Microsoft announced that Paint would be “depreciated”, meaning that the company would stop developing the app, however, the tool remained available for download. Read more: Microsoft Outlook and Hotmail [...]
Microsoft Outlook and Hotmail accounts accessed by hackers April 15, 2019 Microsoft has admitted that hackers had access to some of its Outlook, Hotmail and MSN email accounts for at least three months. The software company would not say how many accounts were compromised in the breach that lasted from 1 January to 28 March. Hackers stole login credentials for a Microsoft customer support agent and [...]
Kantar hires Microsoft executive as North America boss April 10, 2019 Market research firm Kantar has appointed Microsoft executive Reed Cundiff as its new chief executive for North America. Read more: Kantar boss suffered punctured lung in Kew stabbing attack Cundiff is taking over from Wayne Levings, who will return to the UK to continue in his role as head of global clients. “Reed understands what [...]
Crowdsourcing platform Limitless secures £5m in series A funding April 10, 2019 Brand ambassador platform Limitless Technology has secured £5m in funding as it looks to develop its machine learning technology. The company, which uses crowdsourcing to help businesses turn their customers into brand ambassadors, said it has bagged the funds in a series A round led by Albion VC. Read more: Grab looks to raise further $2bn [...]
Lastminute.com launches marketing firm Forward to boost in-housing April 10, 2019 Online travel site lLastminute.com has launched a new media company called Forward as it looks to expand its marketing business. Forward will bring together the company’s existing Travel People marketing service with Playbook, a new consultancy firm. Read more: UK's biggest travel booking app Trainline considers £1bn flotation The holiday booking site said Playbook will [...]
Game over? Competition watchdog to probe console video gaming autorenewals April 5, 2019 The Competition and Markets Authority (CMA) today launched a consumer law investigation into the console gaming sector. The watchdog said the investigation would focus on the auto-renewal practice of Nintendo Switch, Playstation and Xbox. Read more: Astro Bot Rescue Mission is the PlayStation VR's killer app It said it was “concerned about whether some of [...]
PR agency Hanover snapped up by Canadian communications group Avenir April 3, 2019 Communications group Avenir Global has acquired London-headquartered public relations firm Hanover for an undisclosed sum. Hanover, which was founded in 1998 by John Major’s former press secretary Charles Lewington, posted revenues of £19m last year and has unveiled plans to double its size by 2022. Read more: Top financial PR firm cuts ties with Sir [...]