Netflix exit: Carl Icahn is no longer an investor in video streaming service – he reveals on Twitter June 24, 2015 Billionaire investor Carl Icahn is no longer an investor in Netflix after selling the last of his remaining shares in the company today. The outspoken investor had owned around 1.4m shares in the video streaming site through his firm Icahn Enterprises at the end of the last quarter, according to Reuters. At on point he [...]
Tidal chief executive is out: Peter Tonstad exits as boss of Jay Z’s music streaming service June 23, 2015 The boss of Jay Z's fledgling music streaming service has left after less than three months in charge. The company which was launched by the music superstar in March with backing from fellow musicians such as Kanye West and Daft Punk, said Peter Tonstad was stepping down as interim chief executive in a statement. "Current executives [...]
John Lewis has started selling the iPhone, Samsung Galaxy S6 and other smartphones, partnering Vodafone to offer contracts June 23, 2015 High street favourite John Lewis is going mobile and will for the first time stock smartphones on its shelves in an ambitious move to sate people's appetite for mobile devices and grab a share of the rocketing market. More than 25 sim-free handsets will go on sale online from today, while the department store is [...]
My mid-life crisis over technology stocks – CNBC Comment June 22, 2015 Nostalgia is a dangerous thing. A couple of years ago I broke a golden rule of mine. I went to a LIFFE market reunion. It was a big mistake. There is nothing worse than a bunch of greying, balding, slightly tubby middle aged men (mostly) banging on about how great times were “back on the [...]
After Apple Music, here’s what Taylor Swift needs to fix next June 22, 2015 Taylor Swift took on Apple – and won. Now the internet is asking her for more help. Pop star Swift lashed out in an open letter against Apple’s plans to offer a free trial of its music streaming service, and managed to persuade the company to change its mind. Fans celebrated Swift’s intervention on social [...]
Taylor Swift 1; Apple 0: Tech giant backs down over payment policy after Shake It Off singer threatens to block album June 22, 2015 Apple Music has backed down on its payment policy a day after singer Taylor Swift said she would refuse to let the tech giant stream her album 1989. The Shake It Off singer had written an open letter to the company saying she would withhold her record in light of plans to offer a [...]
Taylor Swift lashes out at Apple’s new streaming service: “We don’t ask you for free iPhones. Please don’t ask us to provide you with our music for no compensation” June 21, 2015 Taylor Swift has lashed out at Apple’s plans to offer a free three-month trial of its music streaming service, writing: “We don’t ask you for free iPhones. Please don’t ask us to provide you with our music for no compensation.” She won't now be allowing her latest album, 1989, to be streamed via Apple's new [...]
Regent Street is home to more global retailers than homegrown, a new report claims June 19, 2015 There are more international retailers on Regent Street than homegrown names for the first time in the iconic road's 192-year history, a new report has found. Regent Street is now home to more than 50 international brands – a quarter of which are from the US – thanks to a flurry of openings in [...]
Fitbit share price jumps 52 per cent on market debut in New York June 18, 2015 Shares in wearable fitness gadget maker Fitbit surged 52 per cent in their stock market debut across the pond yesterday, valuing the firm at more than $4.1bn (£2.6bn). The shares, which are now traded on the New York Stock Exchange under the ticker FIT, were priced at $20 per share for the initial public [...]
What to get for the man who has everything June 18, 2015 WHAT can you get for the dad who has it all? For those close to their dads, you might spend days making a heartfelt gift from scratch. But what about a gift for the man who has everything and you don’t really know what to get? Good news! This year you have a wonderful selection [...]