The Business Matrix: Tuesday 1 October 2013

19 hours, 21 minutes ago

Chelsea's Todd Boehly eyes takeover of dozens of local British newspapers

Co-owner of Chelsea Football Club Todd Boehly is considering buying a suite of local British newspapers, including the Yorkshire Post, The Scotsman and The Sheffield Star. London-listed National World, which was founded by former newspaper executive David Montgomery, told investors on Friday it had received confirmation that Boehly's Eldridge Media Holdings is considering a takeover bid. National World said it …

World National Chelsea Montgomery Todd Boehly Boehly National World

2 days, 3 hours ago

X to report first annual ad revenue growth since Elon Musk's takeover, data shows

The Hindu

Elon Musk-owned social media platform X is poised for the company's first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed on Wednesday. In 2025, X's U.S. ad revenue is expected to grow 17.5% to $1.31 billion, while global ad sales are estimated to rise 16.5% to $2.26 billion, according …

Musk

2 days, 12 hours ago

America's 'most corrupt lawmaker' who used stillborn baby to raise cash for 'playground' he never built

Daily Mail

A scandal-prone Tennessee lawmaker is facing fresh scrutiny over his campaign finances years after he fundraised $25,000 for a playground in memory of his stillborn baby that was never built. Scandal-prone Tennessee Rep Andy Ogles is facing fresh scrutiny over his campaign finances years after he fundraised $25,000 for a playground in memory of his stillborn baby that was never …

Campaign 2022 Claimed His Resume Stillborn Baby News Channel 5 His Campaign Finances

6 days, 14 hours ago

Urgent! It's your last chance to grab your payout as £200million claim is made for victims of scandal-hit fund, warns financial guru JEFF PRESTRIDGE

Daily Mail

It is nearly six years since Neil Woodford's investment empire began to crumble when dealings in the flagship Woodford Equity Income Fund were abruptly suspended. Then there is the High Court group claim that litigation specialist RGL has brought against wealth manager Hargreaves Lansdown for the part it played in persuading customers to join the Woodford party – despite growing …

Pet Investment Fund Claim Ted Isas Isa

Google to buy cybersecurity firm Wiz for $32 billion in biggest deal in company's history

Trending News

1 week, 3 days ago

Google to buy cybersecurity firm Wiz for $32 billion in biggest deal in company's history

Deccan Chronicle

San Francisco: Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet empire. Wedbush analysts called Google's move to buy Wiz “a shot across the bow” at other tech giants, particularly Microsoft and Amazon, who have …

Tech Trump Google Billion Deal Wedbush Cloud Security

1 week, 3 days ago

Google buys Wiz: Backer Sequoia Capital to reap 25-fold return from the deal

Hindustan Times

Wiz backer Sequoia Capital is poised to deliver a return of about 25 times its invested capital from the cybersecurity startup’s pending sale to Google parent Alphabet Inc., according to a person with knowledge of the matter. The multiple on invested capital, known as MOIC, is calculated based on Sequoia’s roughly 10% stake in Wiz, which Alphabet agreed to buy …

Security Google Capital Cloud Sequoia Wiz

1 week, 3 days ago

Google to buy cybersecurity firm Wiz for $32 billion in the biggest deal in company’s history

Associated Press

SAN FRANCISCO — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant’s biggest-ever acquisition at the same time it’s facing a potential breakup of its internet empire. Wedbush analysts called Google’s move to buy Wiz “a shot across the bow” at other tech giants, particularly Microsoft and Amazon, who …

Security Tech Trump Google Cloud Billion Deal

1 week, 5 days ago

Hong Kong Activist Investor Webb Changes Mind on Ending Database

Live Mint

-- David Webb, the Hong Kong activist investor battling cancer, said he will make his online database built up over decades available for public access on Github after his death. Webb founded his website since 1998 and used it to track everything from Hong Kong’s corporate filings to the city’s statutory and advisory bodies. A resident of Hong Kong since …

Hong Kong Webb

1 week, 5 days ago

Trump Media stock down over 50 percent since his inauguration and no one is buying: report

Raw Story

Lost in the barrage of news about the stock market plummeting under Donald Trump due to his on-again, off-again tariff threats leading to economic anxiety has been the price stagnation of shares in the Trump Media & Technology Group. According to a report Barrons' analyst Paul R. La Monica, there is little appetite from large investment houses and day traders …

Media Trump Trump Media La Monica

2 weeks, 1 day ago

DOGE 'inflated' its biggest successes with 'error-filled data': report

Raw Story

Elon Musk’s promises of transparency as his Department of Government Efficiency continues to claim massive savings in the federal budget were thrown into doubt by a new report Thursday that uncovered still more mistakes with his alleged successes. After the tech billionaire’s task force quietly attempted to delete its so-called “wall of receipts” when reporters identified major mistakes and falsehoods, …

Report Group

2 weeks, 3 days ago

BBC has not published the findings of its own internal inquiry into Huw Edwards - despite spent £1.3million on costs associated with the scandal

Daily Mail

The BBC has spent about £1.3 million on costs associated with the Huw Edwards scandal, figures show - but the findings of its own internal inquiry have never been published. A large part of the spend went on a review, carried out by Deloitte, into the BBC’s ‘polices and processes’ for ‘non-editorial complaints’, triggered by allegations Edwards paid a young …

Costs Review Bbc Edwards External Huw Edwards

1 month ago

London Stock Exchange owner says listing swaps to New York are no guarantee of success

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The chief executive of the …

London New York Look Lse Exchange London Stock Exchange

1 month ago

NatWest sees Government overtaken as biggest shareholder after 16 years

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government is no longer …

Natwest

1 month ago

MARKET REPORT: Bad news for WPP as advertising giant warns of a dire year ahead

Daily Mail

Someone once said ‘it pays to advertise’ – but it seems advertising isn’t paying for investors in WPP. Shares tumbled 16.2 per cent, or 125p, to 645.2p as the advertising giant reported a 0.7 per cent fall in 2024 revenues and warned of another tough year in 2025. The FTSE 100-listed group’s chief executive Mark Read said that although revenues …

Cent Ftse Profits Wpp Giant Reported

1 month ago

Canada regulator to impose fee on Google for online news law's operating costs

The Hindu

A Canadian regulator said on Wednesday it will impose a fee on Google to recover the cost of enforcing a law that requires large internet platforms to pay for news content on their websites. Part of a global trend to make internet giants pay for news, Canada passed the law last year to address media industry concerns that tech companies …

Canada Google Crtc

1 month ago

Shopping centre owner Hammerson upbeat despite knock from Bicester Village sale

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Hammerson reported a 15% drop in underlying earnings to …

Million Shopping Centres Bicester Village Hammerson

1 month ago

B&M slashes profit forecast amid ‘uncertain’ economy as CEO plans to retire

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy B&M has issued a profit …

1 month ago

This is how much the advertised annual salary is now, according to a new survey

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. This increase is driven by significant wage growth in …

1 month ago

British Airways owner to reveal soaring profit after strong travel demand

The Independent

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Iag

1 month, 1 week ago

Time Out losses widen as it blames UK and US elections for slowing ad sales

The Independent

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Time Out Blames Uk

1 month, 1 week ago

Plunge in European hiring sinks profit at recruitment giant Hays

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Profits at recruitment giant Hays …

Europe Economic Conditions Sign Profit Hays Recruitment Giant

1 month, 1 week ago

Report suggests Elon Musk’s X is raising cash from investors

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s social media platform …

Musk Elon Musk Billion Mr Musk

1 month, 1 week ago

HSBC announce major cost-cutting drive including job losses as pre-tax profits top £25bn

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The UK’s largest bank confirmed its plans to make …

Bank Cent Annual Hsbc

1 month, 1 week ago

AstraZeneca boss takes home £15m pay packet after profits rise

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of drugmaker AstraZeneca …

Pay Million Executive Astrazeneca Profits Rise Mr Soriot

1 month, 1 week ago

Rachel Reeves ‘wrongly claimed to have work published in leading economics journal’

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Further questions are being raised over alleged exaggerations of Rachel Reeves’s …

Political Economy Bank Journal Reeves Westminster Email View Rachel Reeves

1 month, 1 week ago

Elon Musk’s xAI unveils Grok 3 model to take on ChatGPT and Google Gemini

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s xAI has unveiled …

Musk Billion Ai Mr Musk Openai Grok Grok 3

1 month, 1 week ago

Shein under pressure to cut valuation of planned London float – reports

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fast fashion giant Shein is …

London China Billion Valuation Shein

1 month, 1 week ago

Reeves’s tax hikes ‘triggering redundancies and record low in business confidence’

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Employer confidence has been impacted by planned changes to employment costs, and employment indicators are …

Business Tax Budget Small Businesses Businesses Reeves Small

1 month, 2 weeks ago

Fraudster posed as Greggs worker to con council out of £710,000

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Aftab Baig, of Paisley Road West in Glasgow, pretended …

Business Council Greggs Baig

1 month, 2 weeks ago

Reform deputy who mocked Reeves over CV exaggeration found to have exaggerated on his own CV

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. It is an embarrassing revelation for Mr Tice, who on Thursday told this paper: “Rachel …

Independent Labour Reform Share Reeves Westminster Email View

Under-fire Rachel Reeves breaks cover to insist 'no issues were ever raised' about expenses during her banking career despite claims she faced a probe - and says public should judge her on the economy

Trending News

1 month, 2 weeks ago

Under-fire Rachel Reeves breaks cover to insist 'no issues were ever raised' about expenses during her banking career despite claims she faced a probe - and says public should judge her on the economy

Daily Mail

An under-pressure Rachel Reeves today broke cover as she defiantly insisted 'no issues were ever raised' about her expenses during her banking career. An under-pressure Rachel Reeves broke cover as she defiantly insisted 'no issues were ever raised' about her expenses during her banking career The Chancellor observed the work of a bricklayer during a visit to a building construction …

Expenses Investigation Bank Linkedin Cabinet Reeves Bbc

1 month, 2 weeks ago

HSBC set to unveil bigger profits as cost-cutting overhaul in focus

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy HSBC is set to unveil …

Bank Report Billion Set Hsbc

1 month, 2 weeks ago

Nigel Farage considers private criminal proceedings against NatWest Group over debanking scandal

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The NatWest Group could be …

Criminal Farage Mr Farage Natwest Natwest Group Debanking Scandal

1 month, 2 weeks ago

Cabinet minister brands BBC’s Rachel Reeves report ‘totally inaccurate’

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A Cabinet minister has attacked …

Investigation Bank Linkedin Bbc Rachel Reeves Rachel Kyle

1 month, 2 weeks ago

Trump, Elon Musk bash Reuters over government 'social deception' contract

India Today

US President Donald Trump and billionaire Elon Musk launched a broadside against Reuters, alleging that the news agency's parent company benefited from a multimillion-dollar Pentagon contract aimed at combating cyber threats. Musk, who is leading the Department of Government Efficiency under Trump’s direction to restructure federal agencies and cut government spending, took to social media to question the contract's legitimacy. …

Social Social Engineering Trump Musk Reuters Thomson Reuters Trss

1 month, 2 weeks ago

Barclays boss sees pay more than double to £10.5m as bank's profits boom amid rise in dealmaking

Daily Mail

The boss of Barclays saw his pay more than double to £10.5million last year as the bank’s profits surged amid an increase in dealmaking. CS Venkatakrishnan, known internally as ‘Venkat’, cashed in as a long-term share-based bonus scheme paid out for the first time since his appointment in 2021. Venkat reiterated his backing for Labour’s growth plan even as official …

Bank Venkat Barclays

1 month, 2 weeks ago

Rachel Reeves ‘investigated over expenses’ while working at bank

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. So I think there’s still questions to be asked about what is going on and …

England Expenses Labour Bank Linkedin Reeves Bbc

1 month, 2 weeks ago

Trump demands ‘Radical Left Reuters’ return a $9 million government contract. He’s the one who paid it out in the first place

The Independent

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “DOGE: Looks like Radical Left Reuters was paid $9,000,000 by the Department of Defense …

Defense Social Engineering Social Engineering Trump Musk Donald Trump

1 month, 2 weeks ago

Rachel Reeves 'was investigated over her expenses' after complaints she was using system to 'fund a lifestyle' when she worked for bank

Daily Mail

Rachel Reeves was investigated over irregularities in her expenses claims when she worked for a bank, it was claimed today. The Chancellor and two other senior managers at the central bank are said to have been subject to an internal audit at Halifax Bank of Scotland after whistleblowers alleged they were using the system to 'fund a lifestyle' including dinners, …

Bank Linkedin Rachel Reeves Hbos

1 month, 2 weeks ago

Nick Robinson says social media was hacked as his ‘defences were down’

The Independent

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy BBC journalist Nick Robinson has said his social media was hacked as his …

Twitter Bbc Robinson Indytech Nick Nick Robinson Rajan

1 month, 3 weeks ago

Stagflation threat rises as Bank of England downgrades growth to spark fears of economic crisis: Live

The Independent

Chancellor Rachel Reeves has said she is ‘not satisfied’ with the UK’s growth rate Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. …

Threat Rise

1 month, 3 weeks ago

Vertu Motors axes jobs and shuts showrooms on Sundays after Budget blow

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Car dealership Vertu Motors has …

Vertu Budget Blow

AstraZeneca faces potential fines in China over import taxes

Trending News

1 month, 3 weeks ago

AstraZeneca faces potential fines in China over import taxes

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Drugmaker AstraZeneca has warned it …

China Billion Unpaid Taxes

1 month, 3 weeks ago

Rachel Reeves is warned UK businesses cannot take any more tax rises - as fears grew that the economy is on the verge of a downturn

Daily Mail

Rachel Reeves was last night warned that businesses cannot take any more tax rises as fears grew that the economy is on the verge of a downturn - 100 days on from the Budget. Rain Newton-Smith, chief executive of the Confederation of British Industry, said firms were ‘still seriously flagging’ as they strain under the burdens imposed by the Chancellor. …

Tax Budget Cbi Reeves Rachel Reeves

1 month, 3 weeks ago

Services job cuts rise as stagflation takes ‘a firmer hold’ of sector

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Businesses widely noted sharply rising salary payments, and many …

Growth Inflation Rising Sector Rate Job Cuts Tim Moore

1 month, 3 weeks ago

Judge says Elon Musk’s claims of harm from OpenAI are a ‘stretch’ but welcomes possible trial

Associated Press

OAKLAND, Calif. — Elon Musk’s lawyers faced off with OpenAI in court Tuesday as a federal judge weighed the billionaire’s request for a court order that would block the ChatGPT maker from converting itself to a for-profit company. U.S. District Judge Yvonne Gonzalez Rogers said it was a “stretch” for Musk to claim he will be irreparably harmed if she …

Court Microsoft Musk Ai Openai

1 month, 3 weeks ago

Factory activity falls again as rising costs and weak demand hit manufacturers

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Business optimism consequently remains close to December's two-year low, …

Rising Costs

Benefit fraudsters face raids at home and seizure of cash as Labour ministers launch tough new fraud crackdown - which could save the taxpayer £1.5bn over five years

Trending News

1 month, 3 weeks ago

Benefit fraudsters face raids at home and seizure of cash as Labour ministers launch tough new fraud crackdown - which could save the taxpayer £1.5bn over five years

Daily Mail

Organised crime gangs behind industrial-scale benefits fraud will face having their homes raided in a major crackdown, the Work and Pensions Secretary vows today. The crooks will have their luxury goods, bags of cash and mobile phones taken by Department of Work and Pensions investigators using tough new powers, Liz Kendall says. Writing in the Mail as her Bill reaches …

Fraud Five Years Bill Benefit Dwp Benefit Fraudsters Launch Tough

1 month, 4 weeks ago

Fresh blow for Rachel Reeves as AstraZeneca scraps £450m investment in UK vaccine plant

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves has suffered a …

Labour Investment Rachel Reeves Astrazeneca

The Business Matrix: Tuesday 1 October 2013

History of this topic

Holly Willoughby’s business in court battle over tax bill

What the papers say – November 26

Shein UK sales top £1.5bn and profits double

HSBC boasts ‘strong profit performance’ for first half of 2024

TalkTV losses rise in second year of operation

Sales and profit surge at WH Smith as travel booms

Next to unveil higher sales and profits despite consumer spending pressure

HSBC’s pre-tax profits dip slightly though hopes remain high for 2023

Wise profits triple as it pursues ‘mission’ of price transparency

NatWest returns to profit after heavy Covid hits

Daily Mail owner looks at possible job cuts as newsprint costs soar

Markets take a knock as US GDP fails to grow as fast as hoped

Alphabet results: Google parent company announces 20 per cent revenue increase

Barclays profits tumble 29% due to legal costs and PPI claims

Melrose bosses take home annual pay of £42m each ahead of GKN takeover

Corporate tax avoidance crackdown centres on small businesses, reveals new research

BT chief Gavin Patterson suffers multi-million pay cut following accounting scandal

Mitie warns on revenues as projects are cancelled

The 10 biggest business stories on Friday March 18

Sir Martin Sorrell says Google and Facebook advertising systems need 'rapid overhaul'

The 10 biggest business stories on Wednesday February 24

The 10 biggest business stories on Friday February 12

The 10 biggest business stories on Thursday February 11

The 10 biggest business stories on Thursday December 17

MPs call for action against auditor over HBOS fiasco

Barclays profits down 10% as it sets aside millions more in settlements

The Business Matrix: Saturday 25 January 2014

What the Sunday papers said

The Business Matrix: Tuesday 29 October 2013

The Business Matrix: Wednesday 9 October 2013

Once bitten, twice shy for Dixons as it vows to shun the internet

The Business Matrix: Saturday 29 June 2013

The Business Matrix: Saturday 16 March 2013

The Business Matrix: Thursday 24 January 2013

Rupert Murdoch slashes value of newspaper empire

Profit of £1.1bn for BSkyB

The Business Matrix: Saturday 2 June 2012

The Business Matrix: Saturday 17 March 2012

Thorntons issues profit warning

The Business Matrix: Friday 15 July 2011

Business Diary: 29/05/2010

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