Poor old Mike Ashley, he just seems to stumble from one PR disaster to another these days.
The billionaire founder of Sports Direct (LON:SPD) was left red-faced after emptying wads of cash from his pocket in front of journalists and staff during a tour of the firm’s main warehouse.
The retail tycoon was asked to empty his pockets when going through the airport-style security screening when he pulled out the wads of £50 notes.
This is the same man whose company has been accused of not even paying its staff the minimum wage.
It would take the average Sports Direct warehouse worker nearly a month to earn Ashley’s pocket change.
He did try to laugh it off, joking that he’d just “been to the casino”, but the Twitterati didn’t buy it and, as usual, Ashley got a kicking on social media.
Micro Focus PLC (LON:MCRO) has told investors it will have “total control” when it combines with Hewlett Packard Enterprise’s software arm.
To get the deal over the line, the Newbury-based firm will pay $2.5bln in cash, while HPE shareholders will also receive 50.1% of the enlarged group.
“We have total control of what is happening,” said executive chairman Kevin Loosemore.
“We are effectively buying their business…HP will have no share of this business once the deal is done.”
Once completed, the deal will value the enlarged company at just shy of US$9bln, making it one of the largest software firms in the UK
Shares in Nintendo jumped nearly 20% after the Japanese firm revealed plans to unleash its most famous character on to smartphones.
The unveil came at Apple’s latest iPhone launch last night, with Nintendo telling excited onlookers that it will release Super Mario Run as an exclusive title on the app store this December.
Nintendo had for years been unimpressed with mobile gaming, although insiders say that the runaway success of its Pokémon Go app earlier this year convinced them otherwise.
The game was so popular, Prime Minister Shinzo Abe dressed up as Mario for the closing ceremony of this year’s Rio Olympics.
It’s safe to say social media users were happy with Nintendo’s decision to enter the mobile gaming market…
And finally, AirAsia has been forced to defend itself after one of the airline’s pilots managed to land a plane in the wrong country.
Passengers were left baffled when the flight landed seven hours early and nearly 4,000 miles away from the intended destination.
The flight had been due to land in Malaysia after taking off from Sydney but landed in nearby Melbourne after the captain put the wrong coordinates to the plane’s navigation system.
The captain soon realised his error and tried to fix it, but wasn’t able to so had to land the plane.
Passengers then faced another three hours on the tarmac before finally heading to the correct destination.