News Archive
24 May 2009
Financial Times
Maija Palmer
Wonga.com, a UK internet loans company, is seeing its business boom in the downturn. With banks reluctant to lend and credit card interest rates rising, thousands of people are coming to the start-up website each month for short-term loans.The company expects to have made more than 100,000 loans by the beginning of next month. Although the loan siz..
22 May 2009
Press Release
GreenRoad Wins Fleet World Honours Award Second Year in a Row GreenRoad is Recognised for Improving Driver Safety and Fuel Economy
London - May 22, 2009 - GreenRoad, a global pioneer in improving driving behavior, today announced that it has won the Technology Award in the 2009 Fleet World Honours. The trophy was presented at a special ceremony hel..
19 May 2009
The Guardian
Greg Wood
A newly published history of Betfair serves as a reminder of the fundamental change the exchange has brought to bettting. We live in an age when sports stars who are barely old enough to vote can publish books subtitled My Life: The Full Story, which inevitably consist of five per cent meat and 95% filler. Quite a contrast, then, with Colin Cameron..
18 May 2009
The Economist
DESTRUCTIVE? Absolutely. But will the financial crisis also be creative? When incumbents disappear and established business models no longer work, that is usually good news for up-and-comers. The massive disruption in banking has members of the industry’s fringe rubbing their hands. They include:
Advisory boutiques. “Like gnats” i..
15 May 2009
Dow Jones
Kerry E. Grace
Yingli Green Energy Holding Co. (YGE) entered a three-year agreement with AES Solar to be the exclusive supplier of a type of photovoltaic cells to the solar power company.The news recently sent American Depositary Shares of Yingli up 8.4% to $8.76 in premarket trading. AES Corp. (AES), a parent of AES Solar, closed Thursday at $9.15 a share and wa..
14 May 2009
Xconomy
Wade Roush
Dinner party conversations with Celia Francis don’t go down the usual paths. “When people ask ‘What do you do?” she says, “I have to say ‘I sell animated ferrets.’”
Francis is the Harvard- and MIT-educated founding CEO of WeeWorld, a transatlantic virtual goods company with its U.S. headquarters in Co..
04 May 2009
Venture Beat
Dean Takahashi
Big Fish Games has acquired game development studio Grubby Games as it makes its first big spend from the whopping $83.3 million war chest it raised last year September to fuel expansion. Terms of the acquisition were not disclosed, but the Big Fish Games blog notes that Grubby Games co-founder Ryan Clark will run the company’s Vancouver offi..
23 April 2009
MCV
Christopher Dring
British publisher confirms fully licensed 2009 and 2010 titles for Wii, PSP, PC, PlayStation 3 and Xbox 360F1 World Champion Lewis Hamilton will make his video game debut this autumn, MCV can reveal.
Codemasters will launch F1 2009 for PSP and Wii this year, which will feature official tracks, cars, teams and drivers, including Fernando Alonso, Seb..
22 April 2009
Mirror.co.uk
Erica Crompton
Masters of undies, Figleaves.com, have just launched a collection of womenswear in a step to expand their empire and grow into a lifestyle brand.
This season sees a collection of whimsical chiffons, pictured above, as well as brands Citizens of Humanity, Hudson, Splendid and American Vintage to make Figleaves.com a real fashion destination.
Persona..
16 April 2009
Reuters
Nichola Groom
*Yingli secures additional financing to expand business*Chinese bank to provide 1 billion yuan credit line
LOS ANGELES, April 16 (Reuters) - Chinese solar power company Yingli Green Energy Holding Co Ltd (YGE.N) said on Thursday that it secured additional financing that would allow it to expand its business.
In a statement, Yingli said it would dra..
14 April 2009
The Wall Street Journal
After repeated rounds of layoffs, managers must focus on retaining and motivating those who are left over. Even in a bad economy, experts say the most talented workers always have options; retaining those employees can be critical to keeping the business on track during rocky times.
Here are some dos and don'ts of retention.
Do give pats on the bac..
10 April 2009
The Racing Post
Brian Fleming
BETFAIR have signed a deal with RTE to sponsor their live racing coverage for the next 13 months. The new association with Ireland’s national broadcaster gets underway this Sunday with the Fairyhouse Powers Gold Cup meeting and will run to the 2010 Punchestown Festival.
In total some 38 meetings, including relayed coverage o..
The games industry employs a diverse range of people in a number of different roles. Over the next few months, BBC News is going to profile a range of jobs in the industry, as well as the firms themselves; talking to the people who actually do the work as they tell us what exactly they do. The current economic crisis knows no boundaries. ..
09 April 2009
Digital Spy
Sir Paul McCartney has become the latest celebrity to have his official website hacked.The site was infected with a computer virus that could have left users vulnerable to identity theft, according to The Daily Telegraph.It happened just moments before the ex-Beatle reunited with former bandmate Ringo Starr at a benefit concert."They obviously chos..
7Digital is to sell tracks via AOL’s Winamp application as part of its third download integration deal in three weeks.
The new partnership follows deals with Spotify and Songbird agreed last month.
MP3 downloads have been integrated into the Winamp player using 7Digital’s application programming interface (API) platform, so users can bu..
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