Four reasons Twitter is a prime takeover target September 23, 2016 With (more) rumours of a takeover sending share prices up by more than 20 per cent, Twitter’s run of bad luck may about to be over. But why would a firm known for its inability to make money be an appealing takeover prospect? Here's why the company might not be such a bad bet… 1. Its share [...]
Twitter’s share price just shot up on rumours Google and Salesforce are planning to buy it September 23, 2016 Twitter shares whooshed higher on the opening bell in New York after internet rumours suggested two of the world's largest tech companies might make formal bids for it. CNBC reported that Salesforce and Google may make a formal bid shortly, causing shares to jump 20.6 per cent to $22.38 in late morning trading in New York. Reuters later [...]
Amazon has just been fined 0.01 per cent of its second quarter profits for shipping dangerous goods September 23, 2016 Amazon has been fined £65,000 by Southwark Crown Court after it was convicted of breaching rules on dangerous goods. The online retail giant was found guilty earlier this week on four counts of causing dangerous goods to be delivered for carriage in an aircraft after it tried to ship lithium ion batteries (which have been banned from flights [...]
Humans do have a ‘sixth sense’ and scientists have just found the gene for it September 23, 2016 Are you always bumping into things? Do you wonder why you’re clumsier than your compatriots? It may all be down to genetics. Scientists in the US have discovered a gene in humans that controls the ability to sense where parts of your body are in space, which may explain why some of us are more [...]
How to cure an itch, living as a goat, and the personality of rocks – the quirkiest scientific discoveries awarded at Nobel spoof ceremony September 23, 2016 Scientists have a reputation for being humourless, but the annual Ig Nobel Prize honours those whose research has managed to both amuse, and make us think deeper about the world around us. The science itself is mostly serious, with winners usually having had their papers published in respected, peer-reviewed journals. However, even the most stony-faced [...]
Yahoo hack: Here’s everything we know, including how to protect yourself September 23, 2016 Yahoo's 2016 has been a rollercoaster ride of emotions: on one hand, all its dreams came true when Verizon swooped in to rescue it in a giant $4.8bn takeover. On the other, it's just become the recipient of the largest data breach in history. Ouch. The company admitted last night as many as 500m of its [...]
Return on equity for the top global investment banks is falling. Here’s how they’re dealing with it September 23, 2016 Delegates from firms making their way to Geneva next week for the 2016 financial services Sibos conference will undoubtedly have a lot on their minds. Over the past few years the industry has been facing challenges on many fronts: continued and increasing structural costs, fast-changing regulatory reform, conduct issues and capital requirements, to name but [...]
On Her Majesty’s secret servers: GCHQ taps startups to fight cyber attacks September 23, 2016 Britain’s spooks are tapping startup geeks to help fight the growing battle against cyber threats, opening the insular intelligence agency to innovation and kickstarting ambitious plans for Britain to become a world leader in cyber security. GCHQ will begin the hunt for under the radar startups working on cutting edge technology to fight cyber crime, in a landmark partnership [...]
