Microsoft May Spin Off Xbox, Report Says
Microsoft is reportedly considering spinning off Xbox into a wholly-owned subsidiary or forming a joint venture, as the gaming division faces layoffs and a strategic pivot.
Microsoft is reportedly considering spinning off Xbox into a wholly-owned subsidiary or forming a joint venture, as the gaming division faces layoffs and a strategic pivot.
Peel Hunt reports a surge in dealmaking fees, more than doubling due to a boom in UK mergers and acquisitions activity.
Payouts for senior bankers in the UK surged following the removal of the bonus cap, with top earners seeing substantial increases in total compensation.
Nicolas Breteau, CEO of TP ICAP, discusses the firm's valuation, market challenges, and growth strategies in an exclusive interview with Financial News.
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RecommendedTom Honeyands, host of 'The Tech Chap', lost £70,000 to scammers who used details from his social media. He warns others to be cautious about sharing personal info online.
Amazon slashes prices on Russell Hobbs digital air fryers, offering a family-sized model at a deep discount. Perfect for healthy, quick meals.
West Ham's Daniel Kretinsky insists the club won't sell Mateus Fernandes cheaply despite relegation, with Manchester United, Arsenal, and Real Madrid interested in the £80m-rated midfielder.
Discover the best Cremo razor and grooming products perfect for Father's Day. From premium shaving creams to post-shave balms, find the ideal gift for dad.
Robert Reich argues the SpaceX IPO reflects a broken capitalism based on hype, connections, and arbitrary control, not market fundamentals.
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RecommendedElon Musk is officially the world's first trillionaire, with a net worth exceeding $1.1 trillion. Here's a look at what he could afford, from ending hunger to erasing national debts.
The global quantitative finance contest sees record participation, with AI and machine learning experts driving a doubling of entrants this year.
Standard Chartered hires a senior Deutsche Bank executive, while former Schroders strategist Van Steenis joins Apollo Global Management, marking key moves in finance.
Grant Thornton is increasing the frequency and rigor of performance evaluations for its UK partners, aiming to boost accountability and firm performance.
Carina Parkes is suing The Old Cheese Room for over £200,000 after her husband Roger died from listeria linked to a Valentine's cheese gift in 2023.
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RecommendedA mother defends her habit of taking extra breakfast buffet items for lunch, calling it thrifty and eco-friendly despite backlash. She shares tips and memories.
A Reddit user's gaming PC deflected a bullet fired by a neighbor's dog, saving their life. The neighbor was charged with criminal negligence after the accidental discharge.
A new report reveals that UK businesses are rapidly adopting AI, but many managers lack the necessary training to effectively implement and oversee these technologies.
A new collaboration provides AI-ready data on Japanese equities, enhancing market analysis and investment strategies through advanced technology.
Discover the best Vodafone SIM only deals for 2023. Compare mobile data contracts, prices, and benefits to find the perfect plan for your needs.
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RecommendedGuggenheim Securities has hired a director from RBC to bolster its energy investment banking team, signaling a strategic expansion in the sector.
Hedge funds heavily investing in AI may face significant losses as market sentiment shifts, warns a new report. Experts urge diversification.
Recent departures at St. James's Place underscore the wealth manager's challenge to retain talent and uphold its leading position in the UK financial advisory market.
Apollo Global Management hires Huw van Steenis from Oliver Wyman to lead sustainable investing strategy, signaling expansion in ESG-focused finance.
Law firm Simmons & Simmons encourages executive assistants to build client relationships, shifting traditional networking boundaries.
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RecommendedSt James's Place faces a critical juncture as regulatory changes and fee pressure challenge its business model, impacting investor confidence.
BlueCrest Capital Management has hired a former DRW trader to bolster its rates trading team, signaling continued investment in macro strategies.
Nomura has hired three senior dealmakers from Stifel to strengthen its technology coverage, signaling a push to expand in the sector.
JPMorgan Asset Management is reassessing its engagement with proxy advisers in Europe, potentially altering how it votes on shareholder proposals and corporate governance issues.
Media mogul Barry Diller's People Inc proposed to buy MGM Resorts for over $18bn, a sharp departure from digital media amid market volatility.
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RecommendedFreshfields Bruckhaus Deringer has appointed its M&A co-head as the new US managing partner, signaling a strategic push to expand its American corporate practice.