After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Why the smart data revolution creates opportunities for firms of every size January 25, 2015 We are witnessing a transformation of our economy, with data becoming one of the key drivers of every business. Increasingly, everything we do is digital, leaving a data trail that can be analysed to gain new insights and power innovative business ideas. This offers opportunities for entrepreneurs and startups that we have not seen since [...]
Sir Philip Green breaks apart his Arcadia empire with the sale of BHS January 25, 2015 Retail tycoon Sir Philip Green has decided to break apart one of Britain's biggest retail empires by selling British Home Stores (BHS). Green purchased the business, which sells mostly clothing and household items, from the Storehouse conglomerate in 2000 for £200m. It now has a significant presence on high streets across the UK, with [...]
Rihanna vs Topshop: Three things businesses need to know about using celebrity images and endorsements January 23, 2015 Rihanna's “We Found Love” was one of the biggest hit songs of the autumn of 2011. Some readers may remember the furore surrounding the video shoot when the farmer, whose land the video was shot on, took a dislike to Rihanna’s dancing style and dress sense. Yesterday, we saw the next instalment in another dispute [...]
Three owner Hutchison Whampoa to buy O2 for £1Obn January 22, 2015 Spanish telecoms giant Telefonica is set to pick up more than £10bn by selling O2 to Three’s parent company, Hutchison Whampoa. Telefonica has been in talks to sell its British mobile business for months. The Hong Kong-based group, which is owned by Asia’s richest man, Li Ka-shing, emerged as a frontrunner to take the company [...]
TheTrainline.com boss Clare Gilmartin “delighted” as US private equity giant KKR snaps up rail ticket seller January 22, 2015 US private equity player KKR yesterday announced its acquisition of TheTrainline.com, the UK’s leading online platform for selling rail tickets, from buyout rival Exponent for an undisclosed sum. TheTrainline.com is the most downloaded travel app in the UK and ranks fifth by gross transaction value in the UK’s e-commerce sector. The company is licensed to [...]
Davos 2015 World Economic Forum: Top execs gather for grand old Duke of York January 22, 2015 It takes a lot to overshadow a quantitative easing programme on the scale of the one announced by the European Central Bank yesterday, but the Duke of York’s private life somehow managed it. Squeezed eight-deep into the Salon Rotary at the Belvedere Hotel, bosses from BP, Citi, Marks & Spencer and Diageo turned up to [...]
HSS Hire IPO: Share price revealed January 22, 2015 Tool and equipment hire company HSS Hire will list on the London Stock Exchange said today shares will be priced in the 210p-262p range when it IPOs later this month. The company announced plans to list on the London Stock Exchange earlier this month, with analysts putting its value at £103m. The money generated [...]
Royal Mail share price rises as Christmas packages pick up January 22, 2015 The figures Shares in Royal Mail went up by 4.18 per cent to £4.49 in trading this morning, following the company's positive results for the Christmas period. Group revenue rose one per cent during the nine months to 28 December, indicating the company is performing in line with expectations. The UK postal service [...]
Halfords boss poached by Tesco: Matt Davies says he’s gutted to leave the firm January 21, 2015 Matt Davies, you can tell, is squirming in his seat at being asked about his new role at Tesco during a call for Halfords’ trading update. “I am genuinely gutted to be leaving Halfords,” Davies explains. “It was absolutely not in my script to be leaving. But when I was approached by Tesco and given [...]
Dixons bucks trend of Black Friday fallout January 21, 2015 DIXONS Carphone signalled yesterday it has increased its full-year profit forecasts after Black Friday and Boxing Day sales smashed expectations. Chief executive Sebastian James said the adoption of Black Friday, the US-sales bonanza on 28 November, meant the festive trading season now resembled a “two-humped Bactrian camel”. He joked that it has become so big [...]