Wow, such commerce, very marketplace: Online dogecoin bazaar opens February 19, 2014 Finally, a place to spend all your hard earnt dogecoin. New online marketplace Suchlist offers users somewhere to buy and sell goods, services, even classes, in exchange for the meme-based currency. Those who've been digging (the dogecoin terminology for acquiring the currency) will find that while items are currently a little limited, there are certainly [...]
How Uber takes over a city in just four days February 19, 2014 Uber’s global expansion has exploded bringing the service to 74 cities since the start of 2011 – the ride-hailing app added 13 new cities in just the first 50 days of 2014 alone – and spearheading this rapid growth are a crack team known as launchers. Described as a blend between US Navy Seals [...]
Morrisons shares soar on sale reports February 19, 2014 Shares in Morrisons are spiking higher on news that of a potential sale of the supermarket. Reuters reports that bankers are working on a debt financing packages in the order of £5bn. The company is 9.5 per cent owned by its founding family, which is reported to have contacted buyout firms to gauge interest after [...]
US storms are still playing havoc with markets February 19, 2014 While analysts thought that freakishly cold weather over the winter wouldn't dent US growth, many are now starting to question the usefulness of all recent data. Nick Beecroft, chairman at Saxo Capital Markets, says that the storms are now fooling markets. He says that "the dreadful ice and snow storms that have been battering the east [...]
Pictures: The Mayfair mansion that’s yours for just £65,000 a month February 19, 2014 Fancy living in a mansion in Mayfair but don’t want to commit? You could rent Audley House, one of the most expensive properties ever to be released on to the London lettings market at £65,000 per month. The property, a Grade-II listed Georgian mansion in Mayfair comes fully furnished and ready to move into [...]
Brits No1 for music app spend February 19, 2014 Booming demand for mobile apps helped global spend on digital entertainment jump by 30 per cent last year, according to new figures out today. Consumers spent $57bn (£34bn) on digital games, apps and online movies in 2013, up from $44bn the previous year, research analysts IHS Global Insight and App Annie said. [...]
Google just lifted the lid on its new investment arm February 19, 2014 Tech giant Google has finally given some details on Google Capital – a new arm intended to "invest in the most promising companies of tomorrow". The company, famous for its search engine, says that its approach will have one important difference to its established Google Ventures team. While Ventures is all about the early-stage investments, [...]
Cheap loans have destroyed UK’s savings culture, says pensions professor February 19, 2014 A generation of Brits will be left poor in retirement because they have become obsessed with borrowing and spending rather than saving, pensions professor David Blake said this morning. The UK used to be good at saving, for rainy days, for imminent spending and for the long-term – but that will have to be [...]
Here’s why one analyst is getting excited about M&S February 19, 2014 Marks & Spencer shares have jumped this morning after investment bank Jefferies upgraded the stock to reflect the retailer’s new online street cred. M&S, which has been battling to turn around its clothing business in the face of massive competition on the high street and online, has seriously impressed Jefferies with its new “industry-leading” [...]
Brit Awards PR gaffe is a priceless surprise February 19, 2014 So House PR has delivered a #pricelesssurprise for its client Mastercard, sponsor of the Brit Awards this evening. PressGazette have this from a PR email to a journalist: Hope you’ve had a lovely weekend. As you know we’ve been in touch re. accreditation for the BRIT’s but just wanted to check in with [...]