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Netflix drops Warner Bros bid, clearing way for Paramount takeover
Posted onLast December, Warner Bros agreed to a takeover offer from Netflix for some of its assets. But Paramount, which is backed by tech billionaire Larry Ellison and led by his son David, made a rival offer as it looks to transform itself into a Hollywood heavyweight. But it had been rebuffed by Warner Bros.
I fiddled the meter for a mate – and the shop burnt down
Posted on“Anything from an £80 job for families on the breadline needing to fiddle the electric to keep the kids warm, to businesses who just don’t want to pay the rates and would happily pay up to £2,000 for me to sort it, to rich people who want the mains spliced to feed their summer houses…
K-beauty: From social media trend to economic powerhouse
Posted onSuranjana TewariAsia Business Correspondent, Seoul, South Korea Watch: Korean skincare is a multi-billion dollar industry – what makes it so great? Who would have thought serums infused with snail mucin – the sticky substance they secrete – would become a part of skincare routines around the world? Well, it’s happened – and the gooey elasticity…
Staff fear UK’s Turing AI Institute at risk of collapse
Posted onZoe Kleinman Technology editor Joshua Nevett Political reporter EPA Staff at the UK’s national institute for artificial intelligence (AI) have warned the charity is at risk of collapse, after Technology Secretary Peter Kyle threatened to withdraw its funding. Workers at the Alan Turing Institute raised a series of “serious and escalating concerns” in a whistleblowing…
Why Startups Fail: 11 Mistakes Founders Keep Making
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Aldi warns food prices may rise if Budget lifts costs
Posted onEmma SimpsonBusiness correspondent Aldi The boss of Aldi has warned that any measures in the Budget that further increase costs on employers could lead to higher food prices. Aldi UK chief executive Giles Hurley, said the impact of last year’s National Insurance rise and the cost of new packaging rules had already “rippled through to…
