More traffic but less profit for Go-Ahead

first_img Show Comments ▼ Thursday 2 September 2010 7:43 pm RAIL and bus group Go-Ahead posted a 24 per cent fall in annual pre-tax profit yesterday, as passenger numbers grew but margins fell. The group’s profit of £88.7m, which was slightly ahead of expectations, was boosted by a 7.7 per cent increase in revenues from bus ticket sales. Go-Ahead bus and train services, which include the Gatwick Express and London Midland, provided more than 1bn journeys last year, the firm’s busiest ever year. Keith Ludeman, group chief executive, told City A.M. yesterday: “There are pretty good reasons for the fall in profit: reduced subsidies, reduced quality incentive payments in London and different targets from January.”The firm said in its results statement that it was concerned by the weakness in the economy and the possibility of government cuts to travel subsidies including the 60-plus bus pass at the October spending review. However, Ludeman said the firm was prepared to weather any cuts. “There’s a shadow over all UK industries that are in some way involved in the government, but we are fairly sanguine about the impact of cuts on our business. “Firstly, we have detailed contracts that protect us, and the government has showed no signs of wanting to renegotiate. Secondly, only around 15 per cent of our bus revenue comes from subsidised concessionary fares.”The company said maintaining its dividend payments is a priority. Go-Ahead plans to expand its yellow school bus scheme in America next year, from 120 buses to as many as 300.Meanwhile, it finalised the sale of its Meteor airport parking business yesterday, severing the last of its ties to the aviation industry. Shares closed 7.1 per cent up at £11.65 yesterday. whatsapp whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share KCS-content More traffic but less profit for Go-Ahead Tags: NULLlast_img read more

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Rockefeller snaps up 75pc of Europa Capital to extend its reach in Europe

first_img THE ROCKEFELLER Group has bought a 75 per cent stake in Europa Capital, as the American property investor branches out into Europe. Rockefeller, one of the oldest real estate groups in the US, paid an undisclosed amount for the stake in the London-based Europa. “The alliance with Europa is a significant step in the realisation of a [Rockefeller] global real estate investment management platform,” said Kevin R Hackett, president and chief executive of Rockefeller, which is owned by Japan’s Mitsubishi Estate. Europa said in a statement yesterday that its five principal partners will retain a significant minority stake in the company, and that day-to-day operations will be unchanged. The principals said in a statement: “This is a dynamic time for the real estate market and property fund management business and we see significant scope for developing our business from its established base through the introduction of a strategic investor with an international reach.”Europa manages funds on behalf of 70 investors, and has more than €6bn (£5.2bn) invested across 17 countries. It is understood that the firm did not solicit approaches, though it was hoping to expand its investment range. Rockefeller, which was advised by Credit Suisse during the deal, is synonymous with its first project, the Rockefeller Center in New York. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times KCS-content whatsapp Share whatsappcenter_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Rockefeller snaps up 75pc of Europa Capital to extend its reach in Europe Monday 4 October 2010 8:32 pm Show Comments ▼ Tags: NULLlast_img read more

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JJB issues warning as promotions fail

first_imgThursday 11 November 2010 8:00 pm Tags: NULL KCS-content whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap JJB issues warning as promotions fail Share STRUGGLING sportswear retailer JJB yesterday warned that full-year results would not meet its hopes after poor recent trading, increasing the chances of the company having to raise additional cash.Shares in JJB, which came close to administration last year, lost up to 29 per cent of their value after the retailer said sales over the last six weeks had failed to match its expectations, blaming the weakening trading environment.The company has slashed the price of some goods in an attempt to fuel sales but the drive has failed to pay off.It said sales at stores open more than a year increased 13.1 per cent in the six weeks to 7 November — lower than JJB had anticipated and heavily influenced by promotional initiatives, which also reduced its gross margin to 33.8 per cent from 42.2 per cent in the first half.“The board believes that current trading conditions are having, and will continue to have, a negative impact on its expectations for the full-year”, said JJB.“The full-year outcome remains heavily dependent on our performance during the important pre-Christmas and New Year sale periods.”Katharine Wynne, an analyst at Investec Securities, said that it was “ominous” that JJB’s efforts to kickstart sales had failed given the tough consumer environment. JJB is forecast to make full-year losses of around £40m, according to City analysts. The retailer has 249 stores in the UK and Ireland. Singer Capital Markets analyst Matthew McEachran said: “The focus in the short term has to be on cash generation.” Show Comments ▼ whatsapplast_img read more

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Carphone in exclusive deal with Google

first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Show Comments ▼ CARPHONE Warehouse yesterday confirmed it will exclusively stock the new Google-phone, as revealed in City A.M. in October (see right).Industry sources say Google is experimenting with its distribution model after releasing the previous Nexus model through a deal with carrier Vodafone in the UK. Google’s initial distribution model, which sold the handset exclusively through its website, was heavily criticised by users who had nowhere to direct questions. Google found its website swamped with complaints and was eventually forced to stock the phone in carriers’ stores to overcome the problem.Carphone Warehouse chief operating officer Andrew Harrison said: “I’m absolutely delighted that the Carphone Warehouse is working with Google to offer such a strong product exclusively to our customers.”The Nexus S – the first phone to run on the latest version of Google’s Android platform – will feature a contoured screen that the firm says will fit the shape of a user’s face, as well as limiting glare.It will also come with Near Field Communication (NFC) technology, which allows the phone to read information from “smart” objects by touching the handset to anything embedded with a special microchip.The phone, manufactured by Samsung, will be available free with a contract. The Nexus One, built by HTC, failed to make a splash when it was released earlier this year, but Google’s Android software is now growing faster than phones powered by Apple or RIM.Separately, Google yesterday launched its first eBookstore in the US, in a direct attempt to challenge Amazon and Apple’s dominance of the e-books market. It said its store included all of the current New York Times bestseller list, and offered 3m books for free. The store is expected in Europe next year.ANALYSIS BYBEN WOODCCS INSIGHTThe Nexus S is positioned as a “pure Google smartphone”. It has similar specifications to the tablet Galaxy S, but runs Android 2.3 (Gingerbread). The deal with Carphone Warehouse underlines the importance of independent distributors beyond operators to Google. Despite the initial failure of the Nexus One, Google’s intent clearly remains unchanged. However, it seems like an opportunist move by Samsung, with only short-term gain potential, as more Android 2.3 devices are expected in January. whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldcenter_img whatsapp KCS-content Carphone in exclusive deal with Google Monday 6 December 2010 9:14 pm Tags: NULLlast_img read more

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Swedish bomb suspect: UK link

first_img whatsapp Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Show Comments ▼ A man claimed by an Al-Qaeda-linked website to be behind bomb blasts in Sweden reportedly lived in Britain and studied at the studied at the University of Bedfordshire in Luton. Taymour Abdel Wahab was identified by website Shumukh al-Islam as the man behind two weekend bomb blasts in Stockholm. center_img Share Swedish bomb suspect: UK link KCS-content Sunday 12 December 2010 11:15 pm last_img read more

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Imagination Technologies to snap up 3D company Caustic

first_img IMAGINATION Technologies, the British firm behind video chips in Apple’s iPhone, will acquire 3D graphics group Caustic for £17m.Imagination chief executive Hossein Yassaie said: “We have a proven track record of disrupting markets by bringing new and high-end technologies to consumer and embedded products.“The acquisition will enable us to accelerate our plans to be the leading supplier of all forms of graphics technologies in all markets and to continue our mission of delivering the most advanced graphics technologies to mainstream markets.”Caustic chief executive Chip Stearns said: “Our vision is to enable cinema quality computer graphics at new cost and power consumption design points. We will utilise their extensive resources and partnerships to bring our technology to every consumer screen.” Show Comments ▼ whatsapp Imagination Technologies to snap up 3D company Caustic KCS-content whatsapp Tags: NULL More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comPuffer fish snaps a selfie with lucky divernypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Share Tuesday 14 December 2010 8:55 pmlast_img read more

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American auto sales top 13m

first_imgTuesday 4 January 2011 7:39 pm AMERICAN auto sales hit their highest level in 16 months in December, it was revealed yesterday.The figures surpassed expectations and marked the end of a strong year for the formerly troubled industry.Economists had predicted sales of 12.3m, yet the annual sales rate for December jumped above 13m, according to initial data from major automakers.US vehicle sales rose more than 11 per cent in 2010, reversing a four-year slide. The figures are a snapshot of consumer demand and bode well for the economic recovery in the new year.The previous decline in the industry had ended in controversial government bailouts for GM and Chrysler.Ford, however, avoided a bailout. Car makers now believe that sales for 2011 can also exceed 13m.“It was stronger than we thought,” commented Ford’s George Pipas on the results.And there was also good news for US manufacturing, as factory orders rose 0.7 per cent in November.Orders excluding transportation recorded their largest gain in eight months, fueling dollar buying versus the euro.The result surprised analysts who had expected orders to either level out or actually decline, after orders fell by 0.7 per cent the previous month.FAST FACTS | US AUTO SALESGeneral Motors annualised sales rose 7.5 per cent in December.Ford sales increased by 6.7 per cent over the same period, while shares rose by over 70 per cent. KCS-content Share whatsapp American auto sales top 13m Show Comments ▼ whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com Tags: NULLlast_img read more

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Bovis warns over weak mortgage volumes

first_imgFriday 14 January 2011 3:41 am Show Comments ▼ John Dunne by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsapp Sharecenter_img Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap whatsapp Bovis Homes expects full-year profit to come ahead of estimates on higher selling prices and plans to restart dividends, but the housebuilder warned of a subdued year ahead.“Mortgage approval volumes remain weak, with mortgage providers requiring high levels of deposit, particularly from first time buyers,” the company said in a statement.British homebuilders are grappling with consumer sentiment hit by higher taxes, government spending cuts and a dearth of mortgage availability.Earlier this week, leading mortgage provider Halifax said British house prices fell at their fastest annual rate in more than a year in December, while Persimmon warned of little price growth this year.Bovis said it expects 2010 profit to be ahead of consensus estimates of £16.3m.Consensus estimates as on Friday call for a pretax profit of £17.1m.The company, with a sales order of 420 homes for 2011 delivery, completed 1,901 homes last year, compared with 1,803 in 2009. Average sales prices were up 4 percent at 160,700 pounds, on higher average private sales prices.Bovis also said it will pay 2010 dividend in May.Bovis shares, which have risen over 20 per cent since the company reported a rise in sales rates in November. Bovis warns over weak mortgage volumes Tags: NULLlast_img read more

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BoJ trims its GDP forecast

first_imgTuesday 25 January 2011 8:59 pm whatsapp More From Our Partners Texas governor said he plans to strip the Legislature’s paybusinessinsider.com KCS-content THE Bank of Japan revised up its inflation forecast yesterday, a move that reflects the impact of recent rises in commodity prices.Consumer price index (CPI) inflation will reach 0.3 per cent in the next financial year, it said.“However, the Bank could not be expected to say that inflation will remain negative as this would admit failure on a key policy objective,” said Julian Jessop of Capital Economics.Interest rates were kept at virtually zero, while GDP forecasts for the next financial year were revised slightly down to 1.6 per cent from 1.8 per cent. Tags: NULL Show Comments ▼ Share BoJ trims its GDP forecast whatsapplast_img read more

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TECH NEWS | IN BRIEF

first_imgTuesday 25 January 2011 9:16 pm whatsapp Show Comments ▼ Psion hit by forex lossesPsion forecast a normalised operating loss for the full-year, hurt by forex losses, but said it remained confident of strong growth in 2011. Shares of the company fell five per cent in trading yesterday. The provider of mobile computing services expects a normalised operating loss of £1.5m to £2.5m for the full-year, compared with an operating profit of £4m last year. Ericsson sees sales surge 7pcSurge in demand for mobile smartphones pushed Sony Ericsson to a seven per cent rise in fourth quarter sales. Its revenue soared to 62.8bn crowns (£6bn), beating forecasts but its 8.4bn crowns profit lagged behind predictions. Nokia to launch MeeGo tablet?Nokia, the world’s biggest handset manufacturer by volume, may be on the verge of revealing its first tablet computer. Industry sources say the firm has developed a device featuring the new version of its operating system, MeeGo. News Corp iPad paper to launchNews Corp’s new digital newspaper The Daily, designed for Apple’s iPad, should launch in the next two weeks after some delays and will cost 99 cents a per week, executive James Murdoch said yesterday. The digital-only publication, available initially only in the US, is News Corp’s latest attempt to force consumers to pay for its journalism.BBC World Service makes cuts The BBC World Service is to close five of its language services. It is thought that about 650 jobs will be lost from a workforce of some 2,400. Staff will be informed today of the redundancies. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content whatsapp Share TECH NEWS | IN BRIEF Tags: NULLlast_img read more

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