Netflix teams up with US streaming service Sirius XM to launch new comedy radio station April 11, 2019 Netflix is teaming up with US broadcasting giant Sirius XM to launch a new a new radio channel airing clips from its stand-up comedy shows. Netflix Is A Joke Radio will feature segments from the streaming services’ stand-up library, comedy talk shows and original radio programming, and will be aired through Sirius XM, which offers [...]
Saudi Aramco beats records as investors bid $100bn for its bonds April 9, 2019 Just months after international players pulled out of a conference in Saudi Arabia, the country has firmly established itself as an investor favourite. State oil company Saudi Aramco has received orders of $100bn for its debut on the international bond market. Read more: Saudi Aramco leapfrogs Apple to claim title as world's most profitable firm [...]
Music rights firm One Media IP sees profits soar as it cashes in on streaming April 9, 2019 Shares in music rights company One Media IP jumped as much as 15 per cent this morning after it reported a huge rise in profits for the full year. One Media posted a 16 per cent rise in revenue to £2.7m in the year to the end of October, while pre-tax profit soared 63 per [...]
Investors go bananas for Saudi oil debt as offers seen at up to $60bn April 8, 2019 The markets cannot get enough of state oil company Saudi Aramco as the world’s most profitable company sells bonds for the first time. Investors have bid more than $50bn (£38bn) for the bond issue which was expected to fall at around $10bn, according to Reuters sources. Read more: Saudi Aramco leapfrogs Apple to claim title [...]
Europe must lead the way with digital tax, says EU competition commissioner April 8, 2019 Europe must agree on plans for a new digital tax and should be the trailblazer if there is no global consensus, the EU’s competition commissioner Margrethe Vestager has said. The EU last month scrapped initial plans to roll out a digital tax on tech giants after opposition from several member states. Read more: EU drops [...]
Smartphone sales to fall in 2019 as foldable phones fail to spark interest April 8, 2019 Global smartphone sales are set to fall again this year as consumers shun upgrades and hold on to their devices for longer. Shipments of mobile phones are expected to slip 0.5 per cent to 1.8bn in 2019, according to data published by research firm Gartner. Read more: Samsung warns of 60 per cent drop in [...]
Apple Music overtakes Spotify for number of paid subscribers in the US April 6, 2019 Apple Music’s streaming service has overtaken Spotify in terms of paid subscribers in the United States for the first time, according to Reuters. As of the end of February this year, Apple had amassed 28m subscribers for its product, compared with Spotify’s 26m, the report claimed. Read more: Social media giants to be held responsible [...]
Samsung warns of 60 per cent drop in quarterly profits as smartphone sales slide April 5, 2019 Samsung Electronics has warned its first quarter profits are likely to plunge 60 per cent compared to the same period last year. The South Korean tech firm said its profit for the first three months of the year was likely to be between 6.1 trillion and 6.2 trillion won (£4.1bn), down from 13.6 trillion won [...]
Apprenticeship levy unlikely to meet target of 3m starts by 2020, admits minister April 5, 2019 A controversial tax designed to shake up the apprenticeship system will likely fail to meet its original targets, according to the government minister in charge of it. The apprenticeship levy, a tax on business designed to fund 3m apprenticeships by 2020, has caused the number of apprenticeship starts to plummet since its introduction two years [...]
Horse racing betting tips: The cap will fit perfectly for Fry in Stayers Hurdle April 4, 2019 WHILE the majority of the country will only care about the Grand National from a racing perspective, punters will be just as interested in the undercard. The second biggest race of the day is the Ryanair Stayers Hurdle (3.40pm), where Apple’s Jade will try to bounce back from a disappointing performance in last month’s Champion [...]