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Centaur Media's £50m bold bet on digital business Econsultancy backfires disastrously

Centaur Media’s £50m bold bet on digital business Econsultancy backfires disastrously

By Stuart Smith on May 15, 2013

It’s a dry, spare document. But beneath the dense, printed undergrowth of Centaur Media’s Interim Management Statement 7464E – out on City desks first thing this morning – lies a rich speculative mulch. Take this, for example: Geoff Wilmot is stepping down as CEO but has agreed to remain with the business until the end [...]

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Troubled Facebook needs to take a leaf out of Amazon's book if it's not to turn into Fadebook

Troubled Facebook needs to take a leaf out of Amazon’s book if it’s not to turn into Fadebook

By Paul Simons on August 17, 2012

In May this year I made an amateur estimate of Facebook’s valuation at the time of the IPO and ended up with a number that looked crazy; my maths told me the stock price should be more like $7 than $40. It has now dropped to sub-$20 and falling with widely held views that the [...]

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Phone hacking scandal costs Murdoch family $1bn

Phone hacking scandal costs Murdoch family $1bn

By Stephen Foster on July 19, 2011

The News of the World phone hacking scandal isn’t about money is it? It’s about rights and ethics and the Murdoch family’s desire to retain control of News Corporation surely. Maybe it is but sleuths at the Financial Times have worked out that, so far, the scandal (which erupted as a global story just over [...]

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