And so Goldman Sachs and the Russian investor Digital Sky Technologies pump $500m into Facebook for a mere 1 per cent. So that means Facebook is worth around $50bn. Speculation that a flotation is imminent is rife. Others say it’s downright ridiculous, and wonder how a company with such modest...Read More
So where do you stand on social media? How often do you Twitter? What’s your Facebook profile like? Are you LinkedIn, on YouTube, or do you blog like crazy? Or are you a cynic, and fail to see how social media can help the bottom line? New research from McKinsey...Read More
Posted Dec 17, 2010
If a company goes bust, which creditors get priority? If you have ever been a bankrupt company’s creditor, you will know you are a long way down the list. Normally the banks will swoop in, taking the first pickings and leaving the rest with little more than scraps. But a...Read More
Posted Dec 13, 2010
It seems the Telegraph is set to join the ranks of media companies which charge for their content. Is the era of free content on the Internet drawing to an end?
At this stage it is just a rumour. But talk is the Telegraph is not planning to go the Murdoch...Read More
Posted Dec 06, 2010
Is the dominance of the PC finally coming to an end?
Gartner has revised its estimate for PC sales for this year, down from 363.5m, to 352m. Earlier in the year it had expected sales to top 366m.
You don’t need to look far for the explanation. The PC’s loss has been...Read More
Posted Nov 30, 2010
Google is raking in the profits again, in fact it’s raking them in big time, really big time. Meanwhile, Yahoo is flirting once more, and on this occasion it has been looking all coy and endearing towards AOL. And yet, if the iPhone is the mobile phone equivalent of...Read More
Posted Oct 15, 2010
According to research from Hiscox, no less than 40 per cent of students in London are either running their own business or are about to do so. And Hull, the city that has suffered from permanent economic depression for decades, is second in the chart of would-be entrepreneurs. It’s good...Read More
Posted Sep 27, 2010
And then the world’s largest miner, BHP Billiton, made its bid for PotashCorp, the world’s largest producer of the mainly fertiliser product, potash. There’s a lot that makes this deal interesting. Firstly, there’s the question of how the demand for this product is set to explode over the next...Read More
Posted Aug 24, 2010
Here is an industry the UK can export. And it seems to have a very hungry audience from the other side of the Great Wall. The industry is called Premiership Football, and the team of Bill Shankly, Bob Paisley, Kenny Dalglish and Steven Gerrard is in the vanguard.
There are some...Read More
Posted Aug 05, 2010
Here is your question, or is that questions, of the day: if the spilled oil from BP’s oil rig never actually reaches the Florida coast, but the state tourist industry suffers anyway because of all the publicity, should BP still be held responsible? Supposing BP is cleared of all charges...Read More
Posted Jul 29, 2010