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Facebook floats at $116bn valuation

Facebook floats at $116bn valuation

Mark Zuckerberg's social networking behemoth is finally publicly trading, and in its opening minutes secured a $116bn valuation.

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The final cost of Northern Rock: £2bn

The final cost of Northern Rock: £2bn

The British public could be billions out of pocket once the bank's assets are fully wound down, according to a report by the National Audit Office.

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Users upload 72 hours of video to YouTube every minute

Users upload 72 hours of video to YouTube every minute

21 May 2012

Stat of the day: 72 hours. On the seventh anniversary of its launch, video-sharing website YouTube reveals that users upload three days worth of footage every minute.

 
 
Waterstone's includes Amazon Kindle in digital strategy

Waterstone's includes Amazon Kindle in digital strategy

21 May 2012

Quote of the day: 'People in publishing believe that books are recession-proof, but that's simply not true.' James Daunt, managing director of book chain Waterstones, explains his controversial move to stock Kindle e-readers and digital books. The mo...

 
 
Ryanair reports sky high profits

Ryanair reports sky high profits

21 May 2012

Despite rocketing fuel costs and the Eurozone recession, Ryanair has pulled record profits of more than €0.5bn out of the bag.

 
 
Britons waste two days a year waiting for websites to load

Britons waste two days a year waiting for websites to load

18 May 2012

Move over road rage, there's a new psychosis in town. According to web hosting firm 1&1 Internet, slow web pages are still a major issue for 78% of internet users, prompting bouts of 'negative emotion'.

 
 
Mitchell & Butlers profits dip

Mitchell & Butlers profits dip

18 May 2012

Profits at All Bar One owner Mitchell & Butlers have shrunk. Must be all that rain.

 
 
My Week: Harry Jarman of Harry Elliot London

My Week: Harry Jarman of Harry Elliot London

18 May 2012

The founder of a new company producing British-made luxury swimwear on employing ex-cons, running a factory as a charity, and being down to his last fiver.

 
 
French Connection issues profit warning, shares dive

French Connection issues profit warning, shares dive

17 May 2012

The fashion chain has issued its second profit warning in six months, prompting an exodus of shareholders and plummeting share value.

 
 
UK retailers on brink of 'third wave' revolution

UK retailers on brink of 'third wave' revolution

17 May 2012

Smart devices and interactive TV will boost UK retail sales by £2.4bn by 2014, says new report. Are smaller retailers best-placed to take advantage?

 
 
Pinterest and Bono cash in on 'Facebook effect'

Pinterest and Bono cash in on 'Facebook effect'

17 May 2012

Social networking site Pinterest has raised $100m, valuing the two-year old business at £1.5bn.

 
 
The Grexit, Spanish flu and French cold feet

The Grexit, Spanish flu and French cold feet

17 May 2012

Greece's default looms large and Bankia teeters. Meanwhile, France attempts to edge away from the abyss.

 
 



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