Sony negotiating to sell its stake in the music publishing

Sony is eyeing the sale of its stake in the music publishing business and net £655 million ( $1billion). It co-owns with the estate of King of Pop legend Michael Jackson. Sony Co-owns the rights to most of the Beatle’s songs, Rolling Stones, Taylor Swift, Calvin Harris and Marvin Gaye. Sony, the world’s biggest music…

Young engineers chance to see best of British engineering

Transport Secretary Patrick McLoughlin told the Tory party conference that he wanted Crossrail chariman Terry Morgan to help launch 30,000 apprenticeships by 2020. Young engineers of London could get a chance to tour 73 miles Crossrail tunnels £15billion rail route, deep under the capital in a plan to see British Engineering expertise at its very…

Ross nearing the $8.5bn F1 deal

The sale of Formula One, to a US-Qatari consortium for $8.5bn is in its final stages. Stephen Ross, 75 year old owner of the Miami Dolphins American football team is heading the consortium, and CVC the private equity group which owns 35.5 per cent of F1, negotiations have concluded. Bernie Ecclestone F1’s 84 year old…

Murdoch Tweets “USA needs a real black president.”

  84 year old Media Mogul Rupert Murdoch wrote today on Twitter “Ben and Candy Carson terrific. What about a real black president who can properly address the racial divide?” He later recommended a magazine article on whether Obama had done enough to address the “racial divide” referred to in his Tweet. Mr Carson has…

LinkedIn settles $13m lawsuit

LinkedIn has agreed to pay £8.45m $13m to users to settle a class-action lawsuit accusing it of sending too many unsolicited emails to users. LinkedIn’s “add connections” feature, which lets users import their personal contacts into the social network (the notorious subject line “I’d like to add you to my professional network on LinkedIn”). If…

Self-lighting cigarettes another invention

Smokers often has a cigarette but no match to light it. After eight years of tests, Cigamatic, a Marseille company set up by entrepreneur Charli Abisdid, has come up with a safe and more effective self-lighting cigarette invention. The technology involves the smoker breaking off a capsule fitted to the inhalation end of the cigarette.…

Snapchat to launch Sponsored lenses

Snapchat, the Social media giant is launching a new advertising campaign known as “Sponsored Lenses” to be unveiled on Halloween. This follows the introduction of the “Lenses” feature, allowing users to add special effects to the pictures they share. Snapchat, a video messaging application, was started by Bobby Murphy and  Evan Spiegel as a project for…

Brazilian audit court rules that Rousseff broke the law

A Brazilian audit Federal Accounts Court has ruled that President Dilma Rousseff broke the law in managing last year’s budget, as their investigation revealed that the government borrowed money illegally from state banks to make up for budget shortfalls. The Minister who handled the case in the Accounts Court, Augusto Nardes, stated the government disregarded…