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Source: © The Media Leader In a move termed, "an excellent outcome for WPP" by Mark Read, WPP CEO, WPP will sell its entire majority stake in FGS Global

WPP sells majority stake in FGS Global to Bidco Inc - An excellent outcome for WPP

Ascential, the Cannes Lions festival owner, as been bought out by its rival Informa

Cannes Lion Festival bought out by rival business, informa

By Danette Breitenbach 24 Jul 2024

Source: Reuters.

World shares off record highs ahead of inflation tests

By Yoruk Bahceli and Wayne Cole 26 Feb 2024

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Amazon's Jeff Bezos holds up the company's Fire smartphone but sales have failed to produce sustainable profits for the company. Image:

Amazon's loss reaches $437m but outlook is confusing

24 Oct 2014

GlobalFoundries has bought IBM's semi-conductor business and will be paid $1.5bn for taking over the patents, intellectual property and manufacturing facilities. Image:

IBM sells chip unit but bleeds money

21 Oct 2014

Google's Patrick Pichette confirmed that profits for the company were down partly as a result of lower advertising revenue generated by the widespread use of smartphones.. Image:

Google profits fall as ad revenue declines

20 Oct 2014

Microsoft Chief Executive Satya Nadella put his foot in his mouth when he told women to trust 'karma' to provide them with pay increases, causing outrage among women's rights groups. Image: Wikipedia

Nadella gaffe over pay raises women's ire

13 Oct 2014

HP's Meg Whitman says that the division of the company will create two highly-focused companies that will benefit shareholders. Image: Wikipedia

Hewlett-Packard to separate into two divisions

7 Oct 2014

Adam Sandler has done a deal with Netflix to produce four movies exclusively for users of the streaming video service. Image: Wikipedia

Adam Sandler to make four movies for Netflix

3 Oct 2014

Times Executive Editor Dean Bacquet says the changes must be used to reassess the content of the newspaper and define its core objectives. Image:

NY Times to cut 100 journalists' jobs

2 Oct 2014

At least 690,000 Tacoma pick-up trucks are being recalled by Toyota because a suspension fault could cause leaks in the fuel tank and result in the vehicle catching fire. Image:

Toyota recalls 690,000 pick-ups over fire risk

1 Oct 2014

eBay's President and Chief Executive John Donahoe says the plan to separate the company from PayPal makes strategic business sense, particularly in the longer term. Image:

PayPal to split from eBay

1 Oct 2014

Apple's Chief Executive Tim Cook says the company sold 10m of its iPhone 6 and iPhone 6 Plus units in just three days adding that if the company had more stock it would have sold those too. Image: Twitter

More than 10m iPhone 6 units sold last weekend

23 Sep 2014

Samsung's Gregory Lee says the Galaxy Note 4 will go on sale from 17 October but any working Samsung smartphone will entitle the users to a $200 trade-in in the US.

Samsung's 'phablet' Note 4 on sale from 17 October

22 Sep 2014

Amazon Founder and owner of Blue Origin, Jeff Bezos has formed an alliance with ULA to launch satellites into orbit in the USA using the new BE-4 rocket engines. Image:

Bezos in deal to build rocket engines

19 Sep 2014

Yelp has been fined $450,000 by the FTC for allowing under-age children to register on its site and for not protecting their privacy. Image:

Yelp agrees to pay fine for child privacy violations

18 Sep 2014

Ernst & Young's John Nendick says that media companies are starting to make serious profits from the digital content that they are producing. Image:

Media, entertainment starting to profit from digital services

17 Sep 2014

Apple has received pre-orders for more than 4m of the new iPhone 6 and this is slowing down delivery with some customers only likely to get their new phones sometime in October. Image: Apple

Record demand for iPhone 6

16 Sep 2014

RadioShack's Joseph Magnacca has warned that RadioShack may face bankruptcy as the company continues to lose money in the face of competition in the mobile and online markets. Image:

RadioShack faces bankruptcy

12 Sep 2014

Apple Chief Executive believes the combination of the new iWatch, iPhone 6 and the Apple Pay system will appeal to users worldwide. Image: Apple

Details of Apple's iWatch and iPhone 6

11 Sep 2014

Suroosh Alvi, the Founder of Vice Media has grown his online media business to a value of $2.5bn with a recent investment of $500m from two investors. Image:

Vice Media valued at $2.5bn

5 Sep 2014

Amazon's Jeff Bezos has agreed to pay $970m for Twitch Interactive, which operates a streaming platform to allow people to watch online gamers playing tournaments. Image:

Amazon buys Twitch for $970m

26 Aug 2014

Amazon is set to launch and advertising service in competition with Google later this year. Image:

Amazon to tackle Google's advertising dominance

25 Aug 2014

IDC's Research Manager Ramon Llamas says that cheap smartphones powered by Android dominated mobile phone sales in the second quarter of this year. Image:

Cheap smartphones boost Android platform

15 Aug 2014

Advertising content is available on Twitter and is based on a cost-per-view model for advertisers. Image: Twitter

Video advertising available on Twitter

13 Aug 2014

General Motors has recalled 29m cars so far this year including the most recent models of the Cadillac ATS. Image: Wikipedia

Another 300,000 cars recalled by GM

12 Aug 2014

Microsoft's Deputy Counsel David Howard is confident Samsung will have to pay for using Microsoft's technology as per an agreement set up in 2011. Image:

Now Microsoft sues Samsung in US

5 Aug 2014

IDC's Melissa Chau says inexpensive well-built smartphones with a host of features from Chinese companies are boosting sales for Huawei and Lenovo. Image: YouTube

Smartphones from China sell record numbers

31 Jul 2014

NYT's Mark Thompson says while print advertising and subscriptions are falling, digital is doing well, showing growth in both subscriptions and advertising. Image:

New York Times profits halve, digital subscription revenue climbs

30 Jul 2014

Zillow's Spencer Rascoff says economies of scale will reduce costs but increase the user base tremendously. Image:

Zillow online real estate company buys Trulia

29 Jul 2014

Former 9/11 Commission Co-chairman Tom Kean warns that the US is vulnerable to cyber-attacks and is inadequately prepared to counter them. Image:

US vulnerable to serious cyber-attacks

25 Jul 2014

Microsoft's Satya Nadella says the company is focused on being a platform for users around the world with its cloud and mobile devices. Image: Wikimedia

Nokia hurts Microsoft revenues

23 Jul 2014

Apple's Tim Cook says he is "incredibily excited" about new operating systems and new products due to be released by Apple soon. Image: Apple

Apple's profits of $7.7bn in June quarter

23 Jul 2014

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