Researchers from the University of California – Los Angeles, revealed after a study observed activation in the brain’s reward regions when teenagers saw their photos with a large number of likes. The same brain circuits that are activated by eating chocolate and winning money are activated when teenagers see large numbers of “likes” on their…
Sky pays £3.59bn (€4.6bn) for the lion’s share of TV rights to German Bundesliga football matches and has retained its dominance but will share rights to live matches with, Eurosport. They will be paying £683.28m (€876m) for four years, up from £379.08m (€486m) under its existing deal, to the German Professional Football, as Sky’ share price…
Despite Tennis champion Maria Sharapova being banned from the sport for two years after testing positive for a banned substance, several of her corporate sponsors have leapt on the International Tennis Federation’s ruling that her contravention of doping rules was unintentional as justification for renewing the relationship with the 29-year-old Russian. Nike which had…
Wang Jianlin, billionaire real estate tycoon and chairman of the property and entertainment conglomerate Dalian Wanda Group, whose fortune estimated by Forbes at £23.46bn ($34bn)is investing £2.07bn ( $3bn) in a new children’s theme park leisure resort in Wanda City which opened in Nanchang, Southern China last month. The opening ceremony of dancing lions…
Despite the collapse of two of the high street oldest names on the UK and high profile failures –BHS and Austin Reed – in the space of two days in the past weeks, they brought the process of managing insolvent companies into the spotlight, administrators are dealing with the lowest levels of corporate collapse for…
Three people have been killed and nine injured in a train crash in the Belgian town of Hermalle-sous-Huy near Leige, as the passenger train crashed into the back of a goods train at high speed, according to Belgium’s rail infrastructure manager, Infrabel. The two trains were on the same track. The passenger trains with about…
Thirty four passengers and six crew members on a Malaysia Airlines Airbus A380-800, the biggest commercial airliner in use, flight from London Heathrow, have been hurt after it was hit by turbulence. The aircraft carrying 378 passengers on board at the time but managed to land safely at Kuala Lumpur. Medical staff and senior Malaysia…
The British government offered Tata Steel the Indian company a multimillion-pound loan to persuade it to remain in the UK, and to keep the Port Talbot steel plant open, after not getting assurances that any prospective buyer would keep the plant open for more than three years. Tata Steel is offered a state loan of hundreds…
Six-year-old Uber the ride-hailing service, valued at £43.13bn ($62.5bn) has attracted £2.43bn ($3.5bn) investment from Saudi Arabia Sovereign Wealth fund (Public Investment Fund), -set up by Kingdom to develop the country and invest its oil revenues, which will help to will help Uber to expand their service in Middle East where most users are women as…
Four-year-old popular messaging app Snapchat Inc valued at £12.42bn ($18bn), passed over 150million people using the service each day, and is now more popular than Twitter Inc by daily active users. Increasingly more and more investors like Fidelity Investment, Atlantic and Sequoia Capital are looking to have a share in Snapchat, as it generated £40.71m…