Feeds

E-Murdoch has a Future

And other financial funnies

  • alert
  • submit to reddit

High performance access to file storage

Bath-based consumer techie publisher The Future Network Plc has appointed Elisabeth Murdoch to the Board as a non-executive director with immediate effect. Murdoch, 32, joins the Future Board after four years at British Sky Broadcasting, most recently as Managing Director of Sky Networks.



365 Corporation Plc is to acquire the entire issued share capital of Phones Express for up to £3.1 million in cash and shares, the new outfit said today. The acquisition is being made as part of 365's ongoing development of its mobile telecoms operations in both its business and consumer Divisions.




NewMedia Spark plc is to acquire the entire issued share capital of NewMedia Investors Limited for £10 million, subject to shareholder approval.




Strategic Software Solutions Ltd - which develops banking software - is to create 130 jobs in Clackmannanshire, Scotland.




Networking company Spirent (formerly Bowthorpe) is doing a £284 million share swap with IP specialists Zarak Systems. The move will allow Spirent to get a further hold on the voice-over-IP market. Spirent joined the FTSE100 last week.




Vodafone is to sell its Italian telecommunications subsidiary Infostrada for £8 billion. The company was inherited when Vodafone bought Mannesmann earlier this year, and CEO Chris Gent was considering floating it. However, it now looks as though a sale is on the cards, possibly to Italian telecoms company Wind (consortium of France Telecom and Enel). BT was thought to be interested through its subsidiary Albacom, but that's a no-go now due to its heavy debt.




Sport4cast, an online horseracing predictor, is to float next month at £10 million. The company's chairman reckons there is nothing to stop it becoming the market leader.




ITNet has announced its six-month results. The company, which is "one of the leading suppliers of IT and business process services", saw a 24 per cent increase in turnover period-on-period (to £75.7 million). It has also gone acquisition crazy recently, so profits figures are given "pre-goodwill amortisation". With this is mind, operating profit has gone up 22 per cent to £4.9 million, gross profit up 5.5 per cent to £4.4 million and eps up 12 per cent to 4.7p.




British-based film site - in-movies.co.uk - is currently negotiating to acquire the content and various assets of pop.com, which went

titsup.com

last week. ®



For dotcom money madness visit Cash Register. Or not. Whatever...

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.