Ranked: The UK’s fastest growing companies for brand value September 11, 2019 Deliveroo, Costa Coffee and Brewdog are growing in value faster than any other UK brands, according to a survey published today. The food delivery app topped the list, increasing its value 54 per cent to $1.4bn (£1.1bn), while coffee chain Costa jumped 48 per cent to $1.5bn, boosted by its takeover by Coca Cola. Read [...]
Why Apple cannot rely on the iPhone 11 to satisfy investors September 10, 2019 Apple’s product launches have gained an almost cult-like following and, as ever, the online rumour mills have been in overdrive ahead of tonight’s tech spectacle. CEO Tim Cook will take to the stage at Apple’s California headquarters from 6pm, where he is expected to unveil the iPhone 11. Read more: Everything you need to know [...]
Endemol Shine signs podcast deal with Global’s ad platform Dax September 10, 2019 Media giant Endemol Shine has entered the booming UK podcast market, signing a two-year deal with audio advertising platform Dax. Read more: Podcast startup Entale secures £2m backing from Daily Mail Endemol has appointed Dax, which is owned by radio group Global, as its advertising sales partner across its original podcast series. The announcement comes [...]
Marie Claire ends print publication in the UK as readers shift to digital September 10, 2019 Marie Claire will cease publication of its UK edition after more than 30 years as the women’s monthly becomes the latest victim of declining demand for print magazines. The title, which is owned by Country Life and Horse & Hound publisher TI Media, will continue online and overseas print editions will be unaffected. Read more: [...]
Shares in Concurrent Technologies take off after defence tech firm posts revenue rise September 10, 2019 Shares in computer product manufacturer Concurrent Technologies jumped more than eight per cent this morning after it posted strong trading for the first half of the year. Read more: Court throws out privacy challenge to facial recognition technology in landmark ruling Concurrent, whose products are used in the defence, aerospace and telecoms sectors, reported a [...]
Margrethe Vestager stays on in beefed up EU competition role in blow for tech giants September 10, 2019 Margrethe Vestager has retained her role as EU competition commissioner in a blow for Silicon Valley tech giants. Vestager, known for her formidable crackdown on tech firms, has also been appointed executive vice president tasked with making Europe “fit for the digital age”. Read more: EU antitrust chief Margrethe Vestager signals decision on Google Adsense [...]
iPhone 11 launch date, price, and 5G: Everything you need to know September 10, 2019 The internet rumour mill has been in overdrive in recent months before the launch of Apple’s next generation iPhone 11. As Apple battles slipping sales for its flagship products, the Silicon Valley tech giant will be hoping its latest models will win over consumers. Ahead of the iPhone 11 launch tonight, here’s everything you need [...]
Huawei drops lawsuit against US over seized equipment September 10, 2019 Huawei has dropped a lawsuit against US authorities over telecoms equipment that was seized on suspicion of export control violations. The Chinese tech firm launched legal action against the commerce department and other government agencies after they seized equipment in 2017 following a lab test in California. Read more: US charges Chinese professor with fraud [...]
Softbank urges Wework to halt float amid investor doubts September 10, 2019 Wework’s largest shareholder Softbank is said to be urging the shared office space provider to shelve its initial public offering (IPO) due to a frosty reception from potential investors. The Japanese conglomerate has put pressure on Wework bosses to postpone the eagerly-anticipated listing following criticism of the firm’s governance, executive pay and complicated structure, the [...]
JD Sports revenue growth defies high street gloom as it calls for ‘fairness’ on leases September 10, 2019 JD Sports has posted a sharp rise in revenue and profit for the half year, as it called for “fairness” on its leases amid gloomy conditions on the high street. Read more: Competition watchdog kicks off probe into JD Sports Footasylum acquisition The figures Revenue soared 47 per cent to £2.7bn in the 26 weeks [...]
