Twitter acquires London AI startup as it looks to target small businesses November 21, 2019 Twitter has snapped up artificial intelligence (AI) marketing platform Aiden as it looks to expand its advertising offering for small businesses. Read more: Twitter outlines political ad ban ahead of 2020 US election The social media giant today said it had agreed a takeover of the London-based startup, which provides a cross-platform advertising command centre, [...]
Xerox threatens to go hostile in HP takeover bid November 21, 2019 Xerox today threatened to take its $33.5bn (£26bn) takeover offer for HP hostile if the tech firm’s board did not agree to a “friendly” merger by next week. Read more: HP rejects Xerox’s $33.5bn takeover bid but keeps door open for potential merger HP rejected Xerox’s offer of $22 per share on Sunday, saying it [...]
Ferguson suffers investor revolt over executive pay packets November 21, 2019 Plumbing supplies company Ferguson today suffered a bruising pay revolt after almost a third of shareholders voted against its remuneration policy. Just under 30 per cent of investors voted against Ferguson’s remuneration policy at the company’s annual general meeting today, while a quarter opposed its directors’ pay policy. Read more: Ferguson boosts profit ahead of [...]
Netflix down: Streaming giant apologises as outages hit users across the globe November 21, 2019 Netflix users were less than chilled this afternoon as outages left them unable to watch their favourite films and TV shows. Read more: BBC chairman hits back at suggestions of Netflix-style subscription model More than a thousand users across the US and Europe reported difficulties loading videos, according to tracking site Down Detector. Scores of [...]
McLaren tycoon Ron Dennis takes stake in music streaming firm Roxi November 21, 2019 McLaren founder and British F1 tycoon Ron Dennis has taken a stake in Roxi, the British music firm hoping to take on streaming giants such as Spotify. Roxi today announced that Dennis has taken a 10 per cent stake in the firm, which has a number of celebrity backers including Robbie Williams, Sheryl Crow and [...]
Ten arrested in London over £15m money laundering plot November 20, 2019 Ten suspected members of an organised crime group were arrested in London today on suspicion of flying roughly £15.5m out of the UK to Dubai hidden in suitcases. National Crime Agency (NCA) officers, who arrested the suspects in a series of raids across the capital this morning, said they believed the group also tried to [...]
Prosus and Takeaway.com trade blows in battle for Just Eat November 20, 2019 The two companies competing to take over food delivery firm Just Eat were locked in a war of words today as they vied to win the favour of shareholders. Prosus said the bid made by rival Takeaway.com represented “significant risks” and underestimated how competitive the British market was. Read more: Takeaway.com boss has no plans [...]
Elon Musk to face defamation trial over ‘pedo guy’ comments November 20, 2019 Tech billionaire Elon Musk will appear in court to face a defamation lawsuit after he referred to a British diver as “pedo guy” on Twitter. A Los Angeles judge today denied Musk’s request to throw out the case and ordered the trial to begin on 3 December. Read more: Brexit has cost Britain a Tesla [...]
Publishers look to new revenue sources amid squeeze on digital advertising November 20, 2019 Online publishers are shifting their focus to new sources of revenue as income from digital advertising continues to decline. Digital publishing revenue slipped 3.7 per cent to £113.1m in the second quarter, according to figures released by the Association for Online Publishing (AOP) and Deloitte. Read more: Digital ad group Ozone signs up Stylist as [...]
UK music industry brings £5bn to economy thanks to boom in live shows November 20, 2019 The UK music industry contributed £5.2bn to the economy last year, boosted by sell-out live performances by hit acts such as Stormzy, Ed Sheeran and Dua Lipa. The live music sector contributed £1.1bn of this sum, up 10 per cent on the previous year, according to figures published today by industry body UK Music. Read [...]
