Day: November 20, 2020

Use technology to boost trade and security in lockdown

Since the initial nationwide lockdown in March 2020, it’s become increasingly clear that technology is essential for businesses to continue functioning and succeeding in today’s modern world.

Technology has given us the power to be able to continue working from home, when working from the office became impossible. Now in lockdown #2, it’s apparent that flexible working is here to stay, and that SMEs need to utilise technology to remain productive, efficient and secure.

No one knows more about implementing safe online systems than Netstar, especially after their milestone month of joining forces with the Air IT group to further their net of Business Intelligence services. They spoke to me and shared shared that businesses often turn to them and say, ‘we know how important technology is for modern businesses, but what technology do we actually need to implement to add value?’ The answer to this always depends on

Read More

Some Cineworld cinemas will not reopen as bosses consider permanent closures and job losses in bid to save struggling cinema chain

Some Cineworld cinemas are set to never reopen after the coronavirus lockdown as bosses consider permanent closures and job cuts in a desperate bid to save the struggling cinema chain.

The company has been hammered by the pandemic, which forced industry-wide closures seeing them shut all 128 of its venues earlier this month of its own accord, rather than under government orders – with 5,500 people said to be at risk of losing their jobs.

A lack of new films has meant cinemas have struggled to draw in audiences in recent months, with the postponement of the latest James Bond picture, No Time To Die, cited as the potential final straw for many.

It was reported last night that Cineworld, which owes some £6.2 billion to its lenders, was lining up a rescue package as a result, and that slashing rents and shuttering swathes of sites could be required

Read More

BuzzFeed buys HuffPost – Talking Biz News

BuzzFeed has struck a deal with Verizon to acquire HuffPost in an all-stock deal.

Benjamin Mullin and Keach Hagey from the Wall Street Journal reported:

BuzzFeed Inc. has agreed to acquire Verizon Media’s HuffPost in a stock deal, the companies said Thursday, uniting two of the larger players in digital media as companies across the sector search for ways to jump-start growth.

The acquisition is part of a larger deal between BuzzFeed and Verizon Media, a unit of Verizon Communications Inc. VZ -0.18% Under the pact, the companies will syndicate content on each other’s platforms and look to jointly explore advertising opportunities. Verizon Media will get a minority stake in BuzzFeed as a result of the tie-up, the companies said.

The New York TImes’ Edmund Lee and Tiffany Hsu wrote:

As part of the arrangement, Verizon Media will become a minority shareholder in BuzzFeed, the companies said, but

Read More