Alan Sugar has agreed to sell his Amstrad business to BSkyB for £125 million.
Sir Alan Sugar will make £35 million from the sale of Amstrad to BSkyB, but will continue to work with the organisation.
Amstrad was founded in 1968 and became a household name after launching several mass market home electronics products and was once […]

Sir Richard Branson, the largest shareholder of British cable TV company, Virgin Media, is open to a buyout of the firm.
The Carlyle Group private equity firm is in discussions with Virgin Media about a potential deal.
Virgin Media lost several customers earlier this year after it stopped airing basic BSkyB channels, dropping popular programs such […]

Rupert Murdoch’s News Corporation has discussed swapping MySpace, its social networking website, with Yahoo! for a 25 per cent stake in the enlarged group.
The Times reports;
The talks with Yahoo! are preliminary and began before chief executive Terry Semel resigned Monday. It is unclear whether the talks will move forward under Semel’s successor, Jerry Yang.
By trading […]