Netflix Co-Founder Reed Hastings Leaves Board After 29 Years
Reed Hastings, Netflix's co-founder and chair, will not seek re-election, focusing on philanthropy. The company reports 16% revenue growth and outlines future plans post-Warner Bros deal.
Category : Corporate
Desmond Loses £1.3bn Lottery Licence Damages Battle
Media tycoon Richard Desmond vows to appeal after high court dismisses his £1.3bn damages claim against the Gambling Commission over the national lottery licence award to Allwyn.
US Live Nation Verdict Triggers Australian Ticketing Reform Demands
A New York jury found Live Nation and Ticketmaster liable for monopolistic practices, prompting Australian industry calls for ACCC investigation and government action on ticketing transparency.
Katie Price Confirms Husband's Dubai Travel Ban
Katie Price has seemingly confirmed her husband Lee Andrews faces a travel ban from Dubai, addressing rumors on her podcast while discussing his legal troubles and her own driving ban.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Mizuho's Top European Trader Leaves Bank
Mizuho's leading trader in Europe has left the bank, marking a significant change in its European operations and raising questions about future strategy.
Eurazeo Backs Predictable Europe as Global Strategy
French investment firm Eurazeo is increasing its focus on Europe, citing the continent's relative predictability and stable regulatory environment as key advantages in a volatile global market.
JP Morgan Hires Monzo's Kunal Malani to Head Chase UK
JP Morgan has recruited Kunal Malani, Monzo's chief banking officer, to lead its Chase UK digital banking service. The move comes as Chase expands rapidly in the UK while JP Morgan faces tax questions over its ambitious Canary Wharf tower project.
Citigroup Hires Deutsche Bank's Wagner for Private Company Role
Citigroup has recruited Deutsche Bank's senior banker, Wagner, to lead its private company coverage division, enhancing its advisory services for unlisted firms.
Next CEO's £7.4m Pay as Prices May Rise 10%
Next CEO Simon Wolfson received a record £7.4m pay package last year, with potential for £9.3m this year. The retailer warns of up to 10% price increases due to Middle East conflict costs and announces expansion plans.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Netflix Co-Founder Reed Hastings Quits After Earnings Miss
Billionaire Netflix co-founder Reed Hastings announces departure following strong earnings but weak financial outlook, causing stock to drop over nine percent.
CMA's £4.2m Fine for AA's £3 Fee: Regulatory Overreach?
The Competition and Markets Authority fines the AA £4.2m for a £3 drip pricing fee, raising concerns about proportionality and business-bashing culture in UK regulation.
LSEG Omkar New Role, Freshfields Promotes 47 Partners
London Stock Exchange Group's Omkar moves to a fresh position while Freshfields Bruckhaus Deringer announces 47 new partner promotions in a major corporate shake-up.
Pedro Pascal in Legal Fight with Chilean Pisco Brand
Actor Pedro Pascal is engaged in a legal dispute with a Chilean pisco merchant over the brand name Pedro Piscal, highlighting a trend of Chilean businesses using Hollywood-inspired names.
Gina Rinehart Loses Millions in Court Battle
Australia's richest person, Gina Rinehart, has been ordered to share her fortune after a 15-year legal battle with rival heirs, resulting in a loss of hundreds of millions of dollars.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Europe's Future Wealth Leaders Urge Calm Amid Uncertainty
A new report reveals that Europe's emerging wealth leaders are advocating for a 'keep calm and carry on' approach, focusing on long-term strategies and resilience in the face of economic challenges.
Levi Roots' 'Deep Regret' Despite £30M Dragons' Den Success
Levi Roots, who turned a £50,000 Dragons' Den investment into a £30 million fortune, opens up about his career regrets and future expansion plans to the US.
Euronext CEO Pay Jumps 49% After Stock Windfall
The CEO of Euronext saw a 49% increase in total compensation, driven by a significant stock windfall, according to a report from Institutional Shareholder Services.
Deutsche Bank Forms New Ultra-High-Net-Worth Unit
Deutsche Bank has established a new unit in London to serve ultra-high-net-worth clients, aiming to enhance its private banking services and expand its market presence.
Tilray Targets $1 Billion Brewdog Valuation with Revamp Plan
New owner Tilray plans significant investment to make Brewdog profitable by 2027 and restore its billion-dollar valuation after the craft beer brand's dramatic fall from grace.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Live Nation and Ticketmaster Found Guilty of Monopoly
A Manhattan federal jury has ruled that Live Nation and Ticketmaster hold a harmful monopoly over major concert venues, following a lawsuit by dozens of US states. The verdict could lead to significant changes in the ticketing industry.
Allbirds Rebrands as NewBird AI, Shares Surge 582%
Allbirds, the wool sneaker maker, announced a pivot to artificial intelligence, rebranding as NewBird AI. This move sent its stock up 582% in a dramatic turnaround for the struggling company.
Wall Street Banks' $4.8bn M&A Fee Haul Shows Animal Spirits
Wall Street banks have amassed $4.8 billion in M&A fees this year, indicating strong corporate dealmaking activity and sustained animal spirits in the financial markets despite economic uncertainties.
Beauty Tech Group Profits Jump After London IPO
The Beauty Tech Group reports stronger-than-expected annual results with revenue up 39.4% and profits surging after its London Stock Exchange listing, driven by international demand for at-home beauty devices.
JPMorgan Hikes London Banker Bonuses by 19%
JPMorgan Chase has increased bonuses for its top London investment bankers by 19% this year, reflecting intense competition for talent in the financial sector.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Dolce & Gabbana's Future After Stefano Gabbana's Departure
Stefano Gabbana's exit after 40 years marks a pivotal moment for Dolce & Gabbana, as the brand faces financial challenges and a shifting luxury market. This article explores the implications of founder splits and strategies for renewal.
SantaCon Founder Accused of Charity Fraud for Personal Gain
Stefan Pildes, founder of SantaCon, faces wire fraud charges for allegedly using $2.7 million in charity donations to fund luxury apartments, vacations, and personal expenses instead of charitable causes.
Disney to Cut 1,000 Jobs in Major Restructuring Move
Walt Disney's CEO Josh D'Amaro has announced layoffs affecting 1,000 positions across marketing, studio, television, ESPN, and corporate functions as the company adapts to industry challenges.
Hancock Loses Royalty Fight, Must Pay Wright Half of Hope Downs Profits
Gina Rinehart's Hancock Prospecting loses landmark court case, ordered to pay Wright Prospecting 50% of past and future royalties from Hope Downs iron ore project worth hundreds of millions.
John Hancock Offers Olive Branch to Mother After Court Ruling
John Hancock, son of mining magnate Gina Rinehart, has called for family unity following a Western Australian supreme court ruling that left ownership disputes unresolved but highlighted a 49% inheritance claim.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Rinehart's Company Must Pay Millions in Royalty Ruling
Western Australia's Supreme Court has ruled Hancock Prospecting owes hundreds of millions in royalties to Wright Prospecting in a 15-year mining dispute over Pilbara tenements.
Page 10 of 46
