Facebook has named the range for its impending IPO with a share price of $28-35. That’s an unusually wide range and targets a value between $85-95 billion; in other words a little caution has set in since talk of $100 billion+ and the chill is partly down to the surprise drop in profit YonY for […]
While the Leveson Inquiry singularly failed to hold Rupert Murdoch to account – why are these government inquiries so useless at cutting to the truth? – its fall out continues to poison the water in many wells. The latest individual to be dragged into the stinky stuff is Jeremy Hunt, the DCMS Secretary of State […]
When you don’t want the limelight, it seems like you just can’t shake it off. As more UK executives are arrested for bribing law enforcement and military officials, News Corps in America has had to suddenly, and arbitrarily, suspend the voting power of its foreign shareholders – holders that account for 36% of the stock. […]
So James Murdoch has quit as chairman of BSkyB. That phrase implies he had a choice, which isn’t really true. The other investors in Sky – who, let us remember, own most of it – were getting nervous that under the continued scrutiny of Parliament and Ofcom the presence of Murdoch in the chair was, […]
In terms of revelations, Panorama provided not much that wasn’t already known, or assumed, in the NDS hacking saga: Criminals allege criminal behaviour in the inevitably very murky world of encryption, hacking and counter measures. NDS admit hacking – to test its rival’s technology – and it is accepted as standard practice. NDS strenuously denies […]
It’s time for IP&TV World Forum once again and hybrid solutions will be to the fore. The hybrid nature of the sector is reflected in the name of the event, shifting subtly from IPTV to IP&TV, reflecting the fact IP is now part of the normal scenery of the TV landscape and not a feature […]
By common consent, two types of employee in the modern world are vastly overpaid: bankers and footballers. The difference, again by common consent, is that if footballers don’t perform, it is obvious and they are got rid of – the Darwinism of the market. Whereas, bankers continue to earn vast sums despite their banks making […]
It is ironic that the frontline in the net neutrality conflict has shifted to a country where broadband speed is more abundant than anywhere on earth. KT Telecom of Korea has announced it will ‘manage’ the broadband capacity it claims is being soaked up by Smart TV users. It says it must do so to […]