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BSkyB growth raises News Corp stakes |
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BSkyB has reported strong growth in the three months to the end of March, adding pressure on Rupert Murdoch's News Corporation to improve its 700p-per-share offer when culture secretary Jeremy Hunt gives final clearance for the takeover to go ahead.
BSkyB added a total of 51,000 new customers in the first quarter – ahead of most analysts' expectations – as revenue grew 12.8% year on year to £1.65bn and underlying earnings grew by 5% to £344m. On an adjusted basis, pre-tax profits were down 32.7% year on year to £238m due to exceptional items in the first quarter last year such as the sale of most of BSkyB's 17.9% stake in ITV.
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Online reshaping UK retail |
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Consumers in the UK are increasingly seeking out information on retailers and products via online and mobile search, a new study has revealed.
Trade body the British Retail Consortium and online giant Google partnered to release the first in a regular series of reports monitoring relevant search requests across PC, mobile and tablets.
In all, the number of enquiries rose by 29% in the opening three months this year on an annual basis.
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Young people 'would rather live without TV than mobiles or net' |
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For the first time, more young people say they would prefer to give up watching television than doing without their mobiles phones or the internet, according to an Ofcom survey.
Reflecting the rise of online viewing and competition from activities such as social networking, just 23% of 16- to 24-year-olds now say they would struggle without TV.
Instead, 28% told the media regulator's survey that they would miss their mobile phone and 26% the internet.
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Stephen Fry prison 'pledge' over 'Twitter joke' trial |
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Comedian Stephen Fry has said he is "prepared to go to prison" over the "Twitter joke" trial.
Fry was at a benefit gig for a man who is appealing against his conviction for sending a menacing communication.
Paul Chambers had tweeted: "Crap! Robin Hood Airport is closed. You've got a week... otherwise I'm blowing the airport sky high!"
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Amazon sells ad-subsidised Kindle e-book reader |
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Amazon is to launch a cheaper version of its popular Kindle e-book reader which will feature on-screen advertising.
The retail giant has started taking orders in the US for the device, which costs $114 (£69) - $25 (£15) less than the current entry level model.
The 'Kindle with Special Offers' will display sponsored messages from the likes of Olay and Visa.
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