Business Diary: Do what we say, not what we do
Thursday 21 January 2010
Good to see Guardian News & Media sticking to its guns – having told anyone who will listen there is no future in charging for online journalism, it is canvassing opinions from users of PaidContent, the digital news website it owns. It wonders if they'd like to pay £249 a year for the service. The U-turn may be linked to the £4m write-down GNM has taken on PaidContent, which it bought two years ago.
No more newsprint with your shopping
On the topic of charging for online newspapers, Ocado has become an early victim of Rupert Murdoch's desire to make the net pay. Until this week, the shopping service has been delivering a free copy of The Times with its groceries. Now that deal has come to an end and Ocado is instead offering a week of free access to the paper's online version.
Will HSBC's minions follow their boss?
How long before HSBC moves lock, stock and barrel to the Far East? Chief executive Michael Geoghegan is due to start working out of Hong Kong shortly and last night used Sky TV to fire a parting shot at the Government's taxation of the City. The bank has always denied Geoghegan's move is a precursor to its headquarters moving too, but watch this space.
Gates sends Twitter into a spin
You know how Microsoft software often seems to carry little bugs when it is first launched? Well guess what happened yesterday when Bill Gates made his debut on Twitter – that's right, the whole thing crashed for hours on end. A bit more beta testing next time please Bill.
Americans don't quite get British chocolate
Of all the media coverage of Cadbury's takeover by Kraft this week, we have most enjoyed a short film on the BBC website, in which an intrepid reporter tries – and fails – to persuade New Yorkers of the delights of the British firm's famous Curly Wurly. If only Cadbury had flooded the US with the product a few months ago, Americans would have been protesting about the Kraft takeover too.
Number of the day: £716m
The total debt of Manchester United, according to the accounts that its holding company filed yesterday.
- 1 King Salman: Just five days in, Saudi Arabia's new king has already overseen a beheading
- 2 The BBC has just done more to eradicate ‘terrorism’ than all our wars since 9/11
- 3 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 4 Presidential optical illusion offers clues to how brain processes faces
King Salman: Just five days in, Saudi Arabia's new king has already overseen a beheading
Auschwitz liberation 70th anniversary: Woman sent to three Nazi death camps describes surviving gas chamber
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Ukip Jelly Babies cause uproar on Amazon
Chilling drone footage captures Auschwitz ahead of 70th anniversary of liberation
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
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