Feeds

GUS goes for a Green Shield stamp style reward scheme

Cheap wine glasses and a fondue set, anyone?

  • alert
  • submit to reddit

Intelligent flash storage arrays

Great Universal Stores is launching the online equivalent of the Green Shield stamps gift programme. Internet users will be rewarded for reading and responding to email offers, completing surveys, or buying something. GUS is allying with US group MyPoints, in which it has a 10 per cent stake, to run the scheme. GUS bought online retailer Jungle.com at the start of September.



IBNet has reported losses of £595,000 before tax on a turnover of £14,000 since the company floated on AIM four months ago. The Internet surveillence and news gathering service says that it has signed several new clients in the time, and that its cash reserves are "more than adequate" to fund it until it moves into profit.




iTouch, the carefully watched mobile content provider, has released its first interim results. The company's six-month turnover was just over £1m with a gross operating loss of £3.3 million. Its second-quarter revenues were 56 per cent greater than Q1, said chairman Ivan Fallon. iTouch had a tricky float in August. With many pundits unable to decide what the company was worth, it was eventually forced to slash its issue price to £200 million from between £280 million and £370 million.


®



For more dull financial stories click here to visit our Cash Register.

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.