Tag: COMPANIES

  • Spotify splashes out millions of dollars on podcasts

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    Spotify is splashing out millions of dollars as it tries to move beyond music into the growing podcast market. The music streaming service has bought Gimlet Media, behind a string of popular podcasts including Reply All, and podcast publishing platform Anchor. The Swedish firm has also pledged to spend $400-$500m (£308m) this year on further […]

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  • Banned Turkmenistan Airlines leaves thousands stranded

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    Thousands of passengers have been left stranded after air regulators grounded Turkmenistan Airlines for safety reasons. The UK’s Civil Aviation Authority said flights from Birmingham and London’s Heathrow to Amritsar, and Heathrow to New Delhi – which fly via Ashgabat, Turkmenistan – had been suspended. The CAA acted after the European Aviation Safety Agency suspended […]

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  • Uber services suspended in Barcelona

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    Ride-hailing company Uber says it has suspended its services in the Spanish city of Barcelona because of new regulations. The decision comes after the Catalan government insisted on imposing a 15-minute delay before passengers could be picked up. Uber has been the target of protests by taxi drivers in Barcelona who say their business is […]

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  • Barclays boss was ‘up at 2am’ over bonus

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    A senior banker at Barclays panicked at 02:00 at the peak of the 2008 banking crisis that, if the bank was nationalised, his bonus would be jeopardised, a court has heard. Barclays was among banks needing extra funding during the crisis. Roger Jenkins discussed with colleagues a plan to raise money privately, to avoid having […]

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  • The key sessions you should not miss at The Insight Show

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    The Insight Show returns to Kensington Olympia on 6 and 7 March, offering the latest products and services, as well as thought leadership and major trends in data, market research and analytics The Insight Show returns in March with some of the biggest issues in data, analytics and insight brought to life across two days. […]

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  • Piece of Cake: Cryptocurrency ATM Stolen in Bakery Break-In

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    By CCN.com: Crypto thieves have shown that theft can sometimes be a piece of cake. Taking the phrase “get the dough” to the next level, a cryptocurrency ATM machine was audaciously jacked from a bakery in California last week. The theft took place at the Belwood Bakery in Brentwood Village, Los Angeles, and is the latest […]

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  • Renault and Nissan usher in new era

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    Renault and Nissan have pledged to continue their alliance as its architect, Carlos Ghosn, resigned from the French carmaker. Mr Ghosn’s resignation came as he remained incarcerated in Japan where he is accused of financial misconduct at Nissan. Renault said Michelin’s Jean-Dominique Senard had been appointed chairman, and Thierry Bolloré chief executive. Mr Ghosn was […]

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  • Huawei chairman warns of end to global ‘partnerships’

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    The chairman of Chinese tech giant Huawei has warned that his company could shift away from Western countries if it continues to face restrictions. Huawei has been under scrutiny by Western governments, which fear its products could be used for spying. Speaking at the World Economic Forum, in Davos, Mr Liang Hua said his firm […]

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  • Nissan says Ghosn received $9m in improper payments

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    Nissan and Mitsubishi have said Carlos Ghosn received “improper payments” totalling €7.8m ($8.9m; £6.9m) from a joint venture between the carmakers. The claim follows a joint investigation by the companies into misconduct carried out by Mr Ghosn. Mr Ghosn, former chairman of both firms, has been detained since November on charges involving financial crimes. Both companies sacked […]

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  • Elon Musk Cuts Tesla Costs by Scrapping Customer Referral Program

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    Tesla CEO Elon Musk has announced the early conclusion of the Tesla referral program citing the bloated cost as an unsustainable expense that is “adding too much” to the price of the carmaker’s vehicles. Initially scheduled to end on March 11, the end date has now been brought forward to February 1 as the electric […]

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