INDUSTRY NEWS
Reed Elsevier buys academic social network Mendeley for up to £65m
Publishing giant vows to retain 'great culture, talent and collaborative spirit' of London-based startupBafta TV nominations: BBC London 2012 Olympics coverage gets hat-trick
ITV documentary The Other Side of Jimmy Savile is front runner in current affairs categoryTwitter talks audience activation, social TV strategy
Dan Biddle recommends 'programming Twitter as you programme your channel' for broadcastersApple's investment manager wrestles with $120bn problem
Braeburn Capital is investing the cash Apple has amassed thanks to the global appetite for its consumer electronicsHurricane Sandy delays LG and Samsung's Nexus phone and tablets
Google's plan to show off new smartphone and tablet made by Android partners has been postponed – but details are emergingPenguin and Random House to merge
Random House owner Bertelsmann will own 53% and Penguin owner Pearson will retain 47% of world's biggest book publisherNetflix tumbles after subscriber shortfall
Netflix shares tumbled more than 16 per cent in after-hours trading after the online video and DVD subscription service missed its target for new subscriber numbers in the second quarter.Apple disappoints analysts despite posting a 21% rise in profits
Apple disappointed analysts despite reporting profits up 21% year-on-year to $8.8bn (£5.6bn) and revenues up 23% to $35bn, after missing targets that Wall Street had forecast as consumers held off buying iPhones ahead of an expected new model later this year.Ex-chief leads £8bn bid for Everything Everywhere
Former Everything Everywhere chief executive Tom Alexander's daring £8bn bid for his ex-employer, the UK's largest mobile phone company, could take the form of a joint venture with France Telecom.Microsoft reveals Surface Windows 8 tablets
Microsoft launched a series of tablet computers on Monday as the tech giant fought to regain ground lost to Apple's iPad.ZenithOptimedia halves TV ad revenue growth forecast
Media buying network ZenithOptimedia has halved its TV ad revenue growth forecast for the UK in 2012, while predicting digital spend will rise by £200m.Facebook raises price range ahead of IPO
Facebook has increased the price range of its stock in what will be Silicon Valley's biggest-ever initial public offering to raise more than $12bn (£7.4bn), giving the social network a valuation that could exceed $100bn.Facebook must adapt to rise of smartphone
Daniel Ek, chief executive of music service Spotify, recently marvelled at the fact that only five years ago there was neither a Facebook platform nor an iPhone. “These two super-platforms enable most innovation we see today,” he said on Twitter.Twitter now has 10m users in UK
Twitter now has 10 million active users in the UK, out of 140 million worldwide, the company has revealed – and 80%, an unusually high number, access it through mobile phones.BBC signs Olympics deal with BSkyB
The BBC will allow BSkyB to broadcast this summer’s extensive Olympics coverage on Sky channels, in a thawing of relations between the corporation and its long-time critic.Yahoo confirms layoff of 2,000 employees in bid to renew company
Yahoo has announced a massive round of layoffs as the troubled internet company struggles to turn around its fortunesAmazon: £7bn sales, no UK corporation tax
Amazon.co.uk, Britain's biggest online retailer, generated sales of more than £3.3bn in the country last year but paid no corporation tax on any of the profits from that income – and is under investigation by the UK tax authorities.BBC expects Olympics to usher in new TV age
The London Olympics will transform the British media landscape by ushering in a new age of “connected TV”, the BBC’s digital chief predicts, just as the Queen’s coronation did almost 60 years ago.Entrepreneurs urged to shoot for the sky
“Entrepreneurship,” says Reid Hoffman, the veteran American tech investor and co-founder of LinkedIn, “is throwing yourself off a cliff and assembling an aeroplane on the way down.”TV ad revenue hits record thanks to Google and Groupon
Television advertising revenue in the UK increased by 2.2% year on year to a record £4.36bn in 2011, as advertisers such as internet giants Google and Groupon ploughed millions into TV commercials for the first time.Showing 1 - 20 of 576 Articles
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