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Tuesday, 30 May 2017

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Monday, 22 May 2017

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Thursday, 11 May 2017

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Thursday, 4 May 2017

Adele earned £40m last year, says Sunday Times Rich List


A global arena tour and a few million more album sales earned Adele £40m last year, according to the Sunday Times Rich List.
The pop star's fortune rose from £85m to £125m - meaning she's the richest solo female musician in the paper's annual wealth survey.
But she's still only joint 19th in the list of the richest musicians in the UK, which is dominated by older men.
Sir Paul McCartney is in the top spot with £780m with wife Nancy Shevell.
They are followed by West End mogul Lord Lloyd-Webber, U2, Sir Elton John, Sir Mick Jagger and his Rolling Stones bandmate Keith Richards.                                                             

 
Adele is tied in 19th place on £125m with Queen guitarist Brian May.
The rise in her bank balance was put down to a 122-date global arena tour, which has earned an estimated £138m at box offices, and the continued success of her third album 25, which sold 2.4 million copies around the world in 2016.
The singer will play four sold-out shows at Wembley Stadium this summer - but has hinted that she may not tour again after that, which could limit her future earnings.

Britain's richest musicians (Source: Sunday Times)

1. Sir Paul McCartney and Nancy Shevell £780m Up £20m
2. Lord Lloyd-Webber £740m Up £25m
3. U2 £548m Up £48m
4. Sir Elton John £290m Up £10m
5. Sir Mick Jagger £250m Up £15m
6. Keith Richards £235m Up £15m
7. Olivia and Dhani Harrison £210m Down £10m
8= Michael Flatley £200m Up £2m
8= Ringo Starr £200m No change
10. Sting £185m No change
11= Eric Clapton £170m Up £10m
11= Sir Rod Stewart £170m Up £10m
13. Roger Waters £165m Up £5m
14. Sir Tom Jones £160m Up £5m
15. Sir Tim Rice £152m Up £2m
16. Robbie Williams £150m Up £5m
17. Ozzy and Sharon Osbourne £140m Up £5m
18. Charlie Watts £130m Up £10m
19= Adele £125m Up £40m
19= Brian May £125m Up £5m

                                     

Facebook nears two billion monthly users



Facebook's profits have jumped in the first three months of the year, as the social network closes in on two billion users, according to its latest results.
The number of people using Facebook each month increased to 1.94 billion, of which nearly 1.3 billion use it daily, the company said.
The US tech giant reported profits of just over $3bn (£2.4bn) in the first quarter, a 76% rise year-on-year.
However, it warned that growth in ad revenues would slow down.
The company has also come under sustained pressure in recent weeks over its handling of hate speech, child abuse and self-harm on the social network.
On Wednesday, Facebook chief executive Mark Zuckerberg announced it was hiring 3,000 extra people to moderate content on the site.
A quarter of the world's population now uses Facebook every month, with most of the new users coming from outside of Europe and North America.
Speaking after the results, Mr Zuckerberg said the size of its user base gave Facebook an opportunity to expand the site's role, moving into TV, health care and politics.
"With that foundation our next focus will be building community," he said. "There's a lot to do there."

Ad slowdown

The company grew its revenue from advertising, which accounts for almost all of Facebook's income, by 51% to $7.9bn in the period.
However, chief financial officer David Wehner said ad revenue growth would come down significantly over the rest of 2017.
He repeated previous warnings that Facebook was hitting a limit on the number of ads it can squeeze onto users' pages.
Martin Garner, an analyst at CCS Insight, said: "It's now clear that last year's stellar results from Facebook represented the peak of online advertising growth, as Facebook had warned."
Mr Garner said the company needed to start showing it could make more money from its other products, including Video, Instagram, Whatsapp, Messenger, and virtual reality.

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