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23.03.26 - 14:48
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World′s broadcasters urge EU to tighten rules for big tech in smart TV battle (The Guardian)
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Google, Amazon, Apple and Samsung control operating systems, allowing them to act as gatekeepers, letter claimsBusiness live – latest updatesThe world's largest broadcasters have pushed for the EU to enforce its toughest regulations against virtual TVs and smart assistants built by Google, Amazon, Apple and Samsung.The call came in a letter from the Association of Commercial Television and Video on Demand Services in Europe (ACT), whose members include Canal+, RTL, Mediaset, ITV, Paramount+, NBCUniversal, Walt Disney, Warner Bros Discovery, Sky and TF1 Groupe. Continue reading......
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23.03.26 - 12:06
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One Equity Partners Acquires Kitwave Group (Business Wire)
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NEW YORK--(BUSINESS WIRE)--$KITW #foodservice--One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has acquired Kitwave Group plc (LON:KITW) (“Kitwave” or the “Company”), a wholesale distributor providing food, drinks and other consumables to foodservice and retail customers in the U.K.
Founded in 1987, Kitwave engages in the food and drink wholesale business throughout the U.K. The Company operates through three main product segments: Foodservice, distributing to restaurants, bars, and leisure outlets; Frozen and Chilled, distributing fresh and frozen foods to retail customers; and Ambient, distributing packaged goods, including candy, soft drinks, chips and tobacco to independent convenience stores and grocery chains. The Company has 37 facilities nationwide and operates a fleet of 650 delivery vehicles fulfilling over 6,500 orders per day.
“Kitwave's operating model is centered on service reliability and local reach across the U.K., making it a compe...
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22.03.26 - 09:12
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′We can create hype′: H&M′s UK boss on its commitment to the high street (The Guardian)
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As the chain marks 50th anniversary in Britain, Karen O'Rourke explains what makes it stand out against cut-price rivalsAlmost exactly 50 years after H&M opened its first British store, the doors on its newest, in Brighton, swung open this week and the Swedish fashion company's UK boss is determined to keep investing in the nation's high streets despite its struggles.In 1976, H&M opened in the brand-new Brent Cross shopping centre, the first American-style out of town mall to grace these shores. Its opening was such an event that the then Prince Charles attended. Continue reading......
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