The Pebble brand will disappear altogether once it is bought by Fitbit December 1, 2016 Smartwatch brand Pebble is likely to disappear altogether after its $40m deal with Fitbit goes through, City A.M. understands. A source close to the company said it had shed all of its workers, including back-office functions such as the communications team – apart from its software team, which will be absorbed by Fitbit once it has [...]
Tony Blair just said he’s not returning to the front line of politics December 1, 2016 The rumour mill has been working at full force in recent weeks after former PM Tony Blair said he was returning to British politics (adding that Jeremy Corbyn is a "nutter"). But today Blair categorically stated that the meetings are "not about my returning to the front line of politics". "I have made it abundantly [...]
The company that started the smartwatch craze is in talks over a $40m acquisition by Fitbit December 1, 2016 A strange – and rapidly deleted – tweet by smartwatch maker Pebble has appeared to confirm (or failed to deny, anyway) rumours it is being bought by one of its biggest rivals. Reports by The Information suggested Pebble, the Kickstarter-funded wearables maker which kicked off the smartwatch craze back in 2012 when it raised over $10m (£8m), was [...]
Former Goldman Sachs partner Steven Mnuchin confirms he’s been named Donald Trump’s treasury secretary November 30, 2016 Further details have emerged of US President-elect Donald Trump's new cabinet, giving investors fresh hope that the controversial tycoon will not stray too far from the fiscal path. The dollar rose against both the euro and the yen after it emerged former Goldman Sachs partner Steven Mnuchin had been appointed US treasury secretary. Mnuchin has confirmed he will [...]
It’s official: Donald Trump is stepping down from his businesses to make America great again November 30, 2016 Well that's a relief. Donald Trump has announced he's not going to try to run a multi-billion dollar corporation at the same time as leading the free world. Phew. In a series of tweets, the President-elect said he will hold a news conference with his children on 15 December to announce that he will leave [...]
Jeremy Hunt wants to ban sexting for under-18s – and thinks Snapchat, Facebook and Twitter should be responsible November 30, 2016 Jeremy Hunt has suggested banning the sending of sexually explicit messages – otherwise known as sexting – by those under 18. In evidence given to the commons health committee on suicide prevention, the health secretary said social media companies should block those under 18 from sharing images with sexual content. "I think social media companies need [...]
The cost of Christmas dinner has dropped 10 per cent since 2009 November 30, 2016 Inflation may be creeping up, but the price of your Christmas dinner isn't – in fact, this year's festive feast may be cheaper than ever before, after a new study suggested its price has fallen 10 per cent since 2009. Good Housekeeping's Christmas index found the cheapest place to buy turkey and all the trimmings [...]
RBS shares opened lower after it was the worst performer in Bank of England stress tests November 30, 2016 Royal Bank of Scotland (RBS) became one of the biggest fallers on the FTSE 100 this morning, with shares opening 2.3 per cent lower at 192.5p, after it was revealed as the worst performer in the Bank of England's stress tests. Having dipped almost three per cent yesterday, shares in RBS fell further this morning after [...]
Donald Tusk says UK should trigger Article 50 right now if it wants to negotiate British citizens’ status in the EU November 29, 2016 European Council president Donald Tusk has told British MPs if they want to negotiate British citizens' rights in the EU, they need to trigger Article 50 now. In a response to complaints from MPs on monday, Tusk said to secure the fate of EU citizens in the UK and UK citizens living and working in [...]
Accenture has just bought one of London’s hottest ad agencies November 29, 2016 Accenture's getting into trendy ads, it seems – after it bought Karmarama, one of London's hottest ad agencies. The company, known as much for its achingly trendy office as it is for its campaigns for the likes of the BBC, Confused.com, Honda, Just Eat and Unilever, has a team of 250 employees. The consultancy said [...]
