Netflix lookahead: Password sharing crackdown could boost revenues July 16, 2023 Netflix’s password sharing crackdown could bolster revenues for the streamer as it gears up to post second quarter results on Wednesday, analysts have suggested. With Netflix subscription sign ups having been on the rise for the past three quarters, AJ Bell analyst Danni Hewson said they are expected to come in higher in the latest [...]
Uber reveals UK profit for the first time: £32 million July 16, 2023 Uber booked £3.4 billion in revenue from the UK segment of its business last year, it has been revealed.
BT boss Jansen pins share price slump on ‘short-term’ London investors July 16, 2023 BT's outgoing boss Philip Jansen has blamed a 'short term' outlook in London for his firm's lengthy share price slump in a defence of his tenure at the top of the telecoms giant.
Our laziness lets fake news thrive and even become profitable July 14, 2023 Fake news is everywhere - and people are drawn to it for a variety of psychological reasons. But sometimes it's the flow of advertisement money on social media having an impact, writes Emma Lacey
Disney scraps successor plans, extends CEO Bob Iger’s deal – and adds bonus of 500 per cent his salary July 13, 2023 Disney boss Bob Iger has extended his contract by two years with his annual bonus potentially reaching five times its previous size. Originally set to expire next year, Iger’s contract will now run through the end of 2026. The boosted bonus means Iger could receive up to 500 per cent of his annual base salary [...]
Are price-fuelling Bitcoin ETFs inevitable? July 13, 2023 Nigel Green explains four main reasons why he's confident that crypto prices will skyrocket on the back of Bitcoin ETFs.
Channel 4 bosses decline pay rise as staff battle cost of living crisis and revenues dip July 12, 2023 Channel 4 boss Alex Mahon said the broadcaster’s top executives declined a pay rise and deferred their bonuses to stay “in line” with staff who are battling the cost-of-living crisis amid a “tough downturn” in the advertising market for the channel. The broadcaster’s annual report published on Wednesday said it had to “significantly” tighten the [...]
Investors call on Hipgnosis to sell songs as share price dwindles July 12, 2023 Investors in Hipgnosis Song Management, which owns songs by Rihanna, Nirvana and Justin Bieber, have called on the company to sell some of its holdings as the firm’s share price flounders. Hipgnosis’ share price – which trades as Hipgnosis Songs Fund on the FTSE 250 – has fallen around 30 per cent over the last [...]
Tech titans? Musk and Zuckerberg’s feud is an ultra-public toddler tantrum July 12, 2023 From threats for a real life fight to launching rival to Twitter, the bizarre blood feud between Mark Zuckerberg and Elon Musk shows how far our entrepreneurs have fallen, writes Josh Williams.
FuturePlus report reveals sports fans divided on sustainability issues July 11, 2023 Research released by sustainability and ESG management and reporting platform FuturePlus and comparative text analytics software company Relative Insight reveals a sharply divided fanbase when it comes to sustainability in sports, presenting a clear challenge for sporting organisations aiming to implement an effective Environmental, Social, and Governance (ESG) strategy. The research report, “Sports fans on [...]