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Adobe to acquire Magento Commerce to enable seamless cloud integration

Adobe has entered into a definitive agreement to acquire Magento Commerce, a market-leading commerce platform, for $1.68 billion, subject to customary purchase price adjustments. The addition of the Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C customers globally. […]

A new name and brand identity for Europcar Motability Group

Europcar Group has been Europe’s leading car rental provider for almost 70 years and one of the major players in the mobility sector. As a car rental company, Europcar built the fundamentals of the usage and sharing economies into its core business – mobility – a long time ago. Since 2014, Europcar has undertaken an […]

Tesco Direct closure puts 500 jobs at risk

Tesco plans to close its Tesco Direct website that sells general merchandise, putting 500 jobs at risk. The retailer said the non-food website was a “small, loss-making part of the business” and had “no route to profitability”. Tesco said the site faced high delivery and marketing costs that meant it could not work as a […]

Sony takes controlling stake in EMI Music Publishing to become world’s biggest music publisher

Sony is buying a controlling stake in EMI Music Publishing, giving it control over two million songs by artists from Queen and Carole King to Alicia Keys and Pharrell Williams. The $2.3bn (£1.7bn) deal will make Sony the world’s biggest music publisher. Sony’s publishing business already includes 2.3 million tracks, including the Beatles catalogue. Sony […]