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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...WPP’s Ogilvy advertising agency is creating a division specialising in online “health influencers” to help pharmaceutical companies tap a trend towards personalised health and combat misinformation....
April 23, 2024
Technology sector
China blocks use of Intel and AMD chips in government computers
...The top criteria for evaluation is the level of design, development and production completed within China, according to a notice from the state testing agency....
March 24, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Renewable energy
Microsoft to power data centres with big Brookfield renewables deal
...The International Energy Agency says that by 2026 data centres could globally consume more than 1,000 terawatt-hours of electricity, more than double 2022 levels and roughly equal to Japan’s total electricity...
May 1, 2024
Leo Lewis
An agency will do that for you
...The original, Exit Inc, has been followed by Yametara Iinen (It’s OK to quit), Yamerun desu (Let’s quit), Saraba (Adieu) and various others. Momuri, with its signature duck, has gone even further....
May 9, 2024
Apple Inc
Apple apologises after crushing backlash to iPad advertisement
...However, Richard Exon, founder of marketing agency Joint, said: “A more important question is: does the ad do its job?...
May 9, 2024
News in-depthApple Inc
How Apple’s ‘tone deaf’ iPad ad signals a turning point
...Rory Sutherland, vice-chair at ad agency Ogilvy Group, said Apple should have foreseen that customers might misinterpret its ad. “People do not like witnessing wanton destruction....
May 10, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy Agency...
April 23, 2024
United Talent Agency Inc
Hollywood power broker splits with UTA over $950,000 ‘special expenses’ fund
...The international agency acquired Kassan’s strategic advisory firm MediaLink in 2021 for $125mn from UK-based Ascential, and made Kassan a partner....
March 13, 2024
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth model,” the agency...
April 10, 2024
LexMergers & Acquisitions
Handbag deal challenge contains warning for all serial acquirers Premium content
...The agency further argues that there is a specific labour market for handbag store workers that will soften....
April 23, 2024
Elon Musk
Musk fails to get US Supreme Court review of SEC deal over Tesla tweets
...The agency is also probing whether Musk’s purchases of Twitter stock violated US securities laws. Additional reporting by Tim Bradshaw in London...
April 29, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...In bidding for all of Paramount in cash, Apollo expected the media company’s debt, which stands at more than $16bn, would not need to be refinanced after a recent rating agency downgrade, making what would...
April 3, 2024
Novavax Inc
Sanofi licensing deal doubles value of vaccine group Novavax
...Sanofi had a Covid booster vaccine approved by the European Medicines Agency in 2022 but it has struggled to make a dent in the market....
May 10, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
April 18, 2024
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...The combined business would employ approximately 33,000 people worldwide, the agency said....
April 22, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Cryptocurrencies
SEC seeks $2bn from Ripple Labs over sales of crypto tokens
...The two companies have reached multimillion- dollar settlements with the agency....
March 26, 2024
Cyber Security
UK politicians should use ‘disappearing messages’ on devices, says GCHQ
...A unique password should be used for every different account, the agency recommended....
March 25, 2024
Cryptofinance
The US’s calming effect on bitcoin Premium content
...Stuart Alderoty, its chief legal officer, took issue with some of the SEC’s interpretations of law, saying they ignored the judgments in Ripple’s recent legal case against the agency....
April 5, 2024
Investments
Behold, the Basquiat bond
...Investment bankers from the likes of Barclays, BNP Paribas and Morgan Stanley are shepherding the deal through the market, while Canadian ratings agency DBRS has provisionally awarded the top tranche of...
April 12, 2024
Property sector
Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties
...Fees of 1 per cent are not unknown, and agencies may then have to give a cut of their fee to another agent to introduce a buyer....
March 21, 2024
Paramount Global
James Cameron and Ari Emanuel back Skydance bid for Paramount
...Emanuel, a Hollywood “superagent” and chief executive of the company that owns the WME talent agency and controls TKO Group, said Ellison was “a natural acquirer” of the company....
May 5, 2024
LexInsider trading
Insider trading ruling is a warning for executives who get creative Premium content
...The agency said Medivation had been defrauded by Panuwat’s actions and that overall confidence in the market had been undermined. The US does not have a specific insider trading prohibition....
April 24, 2024
Ari Emanuel
Endeavor’s Emanuel eyes public market exit as Hollywood tempers fray
...The post has been removed and Dakhil issued an apology and resigned from CAA’s internal agency board....
November 1, 2023
The Big Read
How AI is transforming the business of advertising
...Advertising agencies have weathered storms before and fought their way through....
February 11, 2024
Tesla Inc
Tesla evacuates German plant after suspected arson attack triggers power cuts
...“We sabotaged Tesla today,” the group said, according to German news agency DPA. Police said they had been informed of the fire, in the district of Gosen Neu Zittau, at 05:15 local time....
March 5, 2024

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