Dish lines up $9bn financing for Sprint bid
Dish Network has lined up financing on its $25.5bn bid for Sprint Nextel, overcoming attempts by its rival suitor SoftBank of Japan to persuade banks to boycott the US group,…
Bloomberg Way is given public focus
Two principles have guided Bloomberg News since Matt Winkler launched the service for Michael Bloomberg’s upstart financial terminals business in 1990. Bloomberg News would adhere to the highest standards of…
BoE attacks ‘reprehensible’ Bloomberg
Bloomberg has been accused of “reprehensible” behaviour by the Bank of England, in the strongest official response since it emerged that Bloomberg reporters had been using its terminals to track…
Watchdog criticises BBC over move costs
The BBC has been criticised over relocation payments made to London staff following the moving of much of its output, including Blue Peter and BBC Breakfast, to Salford. A report…
Kobo’s ‘gift of reading’ campaign
Client:KoboTerritory: Canada, US, Australia, Italy, BrazilAgency: John StVerdict: 3/5 The makers of ereaders are becoming brave in their promotions. First, Amazon’s Kindle launched an advertisement supportive of gay marriage. Then…
Bloomberg users’ messages leaked online
More than ten thousand private messages sent between users of Bloomberg’s financial terminals have leaked online, undermining the company’s attempts to restore faith in its ability to keep client data…
Algorithms threaten to end ‘Mad Men’ era
©AP Television networks are this week rolling out the red carpet for dozens of celebrities and hundreds of advertisers attending their annual “upfront” sales presentations. The decades-old ritual, featuring star-studded…
Bloomberg finds sorry is the hardest word
Bloomberg is not used to apologising. Since Michael Bloomberg sold his first data terminal in 1982, its obsessive focus on cutting-edge technology and industry-beating customer service has made it a…
US television: sofa so good
It makes one feel culturally and digitally up-to-date to think that cable and the internet will kill broadcast TV. The issue is pressing at the moment because “upfronts” are here:…
Online version of The Sun to get paywall
Readers of The Sun will have to pay £2 a week to read the newspaper online from August as News International, the tabloid’s publisher, introduces its paywall strategy to cover…
Pearson under fire over NY test results
Pearson is facing criticism over inaccurate test results in New York, a development that could cause the city to terminate its testing contract with the global education group. The company,…
Blinkx reaches 18-month high
Shares in Blinkx, the video advertising company spun out of Autonomy, hit an 18-month high on Monday, after its full-year results beat analysts’ expectations. Revenues rose 73 per cent to…
Central banks question Bloomberg privacy
More central banks have raised questions about how Bloomberg tracks their staff’s use of its financial data terminals, with the European Central Bank and Germany’s Bundesbank saying on Monday they…
Johnston Press operating profit rises
©PA Johnston Press has this year recorded its first increase in operating profit for almost seven years, even as the regional newspaper publisher suffered a double-digit revenue decline. The publisher…
Bloomberg alerted to access issue in 2011
Bloomberg knew in 2011 about the privacy issue that has concerned powerful clients including Goldman Sachs, JPMorgan Chase and the Federal Reserve, but failed to close the loophole until Goldman’s…