SPP calls into question British business investment disclosure proposals for DC professionalpensions.com/4203427/ via @profpensions

#Shein is currently seeking a value of nearly US$70 bn to US$90 bn in the Shein IPO which would be one of the biggest IPOs globally in 2024. Likely venue of Shein IPO is London 🔥

What a mess. Everton deserves better

⚡️Significant journalism job cuts at Mail as they now integrate Print / Digital ops. Mail used to invest heavily in journalism, and still generate 10% margins. Those times have gone, affected by cost inflation, and a very flaccid advertising market

💥🔥High quality rant on the many failings of Europe, inc UK

Expect more political headaches down the line, especially if DMGT go back in for The Telegraph x.com/pressgazette/s…

so in summary: Paramount fired its CEO, then hosted an earnings call for only 9 minutes, refused to take any questions, and played the mission impossible song on a loop

Increasingly feel I’m done with the UK. The weather reflects the mood of the nation 🌧️

🔥No comment needed #DARK

#Meta is going all-in. $$. Reality Labs was founded with the importance of making big bets on extended time horizons

Eg, CTRL-Labs which develops non-invasive neural interface technology as well as Oculus, VR headsets for video gaming

🔥Interesting chart from River Global (old R&M) - which highlights just how hated UK Smallcaps are right now👇Ordinarily this would be a buy signal

#Meta tanks. Do I not like this ? ❌

A disappointing earnings report from Meta has technology investors on edge with results from some of the stock market’s biggest and most important companies due in the coming days. bloomberg.com/news/articles/… via Bloomberg Technology

Woke up to the news that Senate has *already* voted to force ByteDance to sell its share of TikTok. Wow that was fast! especially by politicians’ standards. They REALLY want this to happen.
So what happens now? President Joe Biden has to sign it off - he has already said that he…

⭐️The World and his Wife will now buy Defence stocks 👇

Great point about SaaS:

SaaS means it's no longer 'make it once, sell it a million times.' Because SaaS systems require *extensive* ongoing backend/frontend maintenance *after* the product has been shipped. It's a real drag on margins.

Interesting 💥FCA proposes to reverse Mifid rules on investment research ft.com/content/23fd07… via @ft

👍💥This is well worth a listen for anyone interested in capital markets, UK equities and/or London’s status as international finance hub

New: GB News chief executive Angelos Frangopoulos has announced a redundancy round at the opinion-led broadcaster, seeking to cut 40 roles at the company.

It is the first major redundancy exercise at the channel since it launched in 2021
pressgazette.co.uk/news/gb-news-r…

#NFLX
Q1 2024: More blowout results from Netflix 🔥
- 270m subs over 190+ countries
-Margins at all-time high
-$2bn free cashflow

There was a time coming out of COVID, H2 2022, when I wondered if NFLX peaked. Why doubt the Netflix effect ? reach, recommendations and fandom

What's a more exciting fashion business? Asos or Next?
A hell of a graph in the (v good) daily Times Business newsletter, showing how share price of wizzy online platform Asos has fallen 94%, while dull – but v consistent – Next has climbed 71% since 2018.