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Tag: sell

Little Mix accused of 'using sex to sell albums' as Piers Morgan lets rip

Entertainment
Little Mix released new tune Strip and the track is all about empowering women.The video for the new song features Jesy Nelson, Jade Thirlwall, Perrie Edwards and Leigh-Anne Pinnock, alongside a group of women who are outspoken advocates for body-confidence and feminism.Little Mix had been sharing the stories of the inspirational women via their Instagram page, ahead of the release.In addition, they also posted a powerful black-and-white image of themselves, posing completely naked. “What’s the point of it? ” Piers Morgan The girls covered their body with insults they had seemingly had thrown at them in the past – such as “ugly, insignificant and talentless.”Fans praised them for their body-confide...
Lakshmi Vilas Bank shortlists five investors to sell stake

Lakshmi Vilas Bank shortlists five investors to sell stake

Finance
MUMBAI: Five financial investors, including the Blackstone Group, Bain Capital and TPG Capital Management, have been shortlisted to buy a controlling stake in Lakshmi Vilas Bank, reflecting continued private equity interest in the country’s financial services space. Baring Private Equity Asia and home-grown Gajja Capital are the two other contenders left in the penultimate round to acquire the 92-year-old, South-based bank, multiple sources with knowledge of the matter told ET. "Our advisers JP Morgan have shortlisted a few of the bidders," said P Mukherjee, managing director of the bank in an email reply confirming the matter. The process continues now. The extent of investment and the timing thereof is yet to be worked out," he said. The non-binding offers are in the range of Rs 140 to R
21st Century Fox to sell Sky stake to Comcast

21st Century Fox to sell Sky stake to Comcast

Business
21st Century Fox has agreed to sell its 39% stake in Sky plc, the owner of Sky News, after rival Comcast triumphed in an auction. The announcement comes four days after the two US giants went head-to-head in a dramatic shoot-out to take control of Sky, overseen by the Takeover Panel.Comcast came out of the auction on top with its £17.28 offer per share, valuing the takeover target at £29.7bn - ahead of Fox's £15.67 valuation.Fox - which already held a 39% stake in Sky - was left to decide what it would do with those shares following Saturday's auction process, and has now revealed its intentions.The company said: "In light of the premium Comcast has agreed to pay for Sky, we and Disney have decided to sell 21CF's existing 39% holding in Sky to Comcast."We con...
Amazon urged not to sell facial recognition tool to police

Amazon urged not to sell facial recognition tool to police

Technology
Amazon's decision to market a powerful face recognition tool to police is alarming privacy advocates, who say the tech giant's reach could vastly accelerate a dystopian future in which camera-equipped officers can identify and track people in real time, whether they're involved in crimes or not. It's not clear how many law enforcement agencies have purchased the tool, called Rekognition, since its launch in late 2016 or since its update last fall, when Amazon added capabilities that allow it to identify people in videos and follow their movements almost instantly. The Washington County Sheriff's Office in Oregon has used it to quickly compare unidentified suspects in surveillance images to a database of more than 300,000 booking photos from the county jail — a common use of such te...
Nestle pays Starbucks $7.1bn to sell its coffee

Nestle pays Starbucks $7.1bn to sell its coffee

Business
Nestle has announced that it will pay Starbucks $ 7.1bn (£5.2bn) to sell the company's coffee products. The Swiss giant, which boasts Nescafe and Nespresso amongst its brands, will have the right to market Starbucks' coffee in retail outlets outside the cafe chain.That part of the business currently generates $ 2bn in annual sales.The deal means Nespresso machine owners will be able to buy Starbucks coffee branded pods for use at home. Consumers will also find Starbucks coffee beans, ground and instant coffee more readily available as Nestle, the world's largest food and drinks company, uses its vast distribution network to market Starbucks products worldwide.Nestle's name will not appear alongside Starbucks's, but the deal could still help Nestle strengthen its US business, thanks ...