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Scoot.com
Scoot is a United Kingdom business directory website. It was one of the highest profile casualties of the rise and fall of internet companies during the internet boom at the beginning of the 21st century falling from a value of £2.5 billion in 2000 to £5 million in 2002. History The origins of Scoot began in March 1993 when businessman Nigel Robertson bought the freephone number 0800 192 192 from British Telecommunications for an estimated value of just £100. Robertson had spotted the potential of acquiring a freephone number similar to BT's own directory enquiries number of 192. BT spent three years trying to recover the number in legal battles but were finally forced to admit defeat in May 1996. Robertson and his business partner Jonathan Bushby renamed their company (then known as Timeload) as FreePages and set itself up as a rival directory enquiries service a few months later. In February 1996 the firm was listed on the AIM stock market following a reverse takeover of ...
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Nigel Robertson
Nigel Patrick Robertson (born August 13, 1962) is a British entrepreneur and businessman, best known as the founder of FreePages plc (later renamed Scoot.com). Nigel was included in the 2005 Sunday Times Rich List and Monaco's Rich List in 2007. Biography Nigel Robertson is a great-grandson of Austin Reed, the founder of Austin Reed (retailer), Austin Reed Group plc, the British fashion retail chain. He attended Feltonfleet School in Cobham, Surrey and Canford School near Wimborne Minster, Dorset. Nigel grew up in Surrey and today lives partly in Beverly Hills, Los Angeles, and partly in Monaco. Business exploits Nigel Robertson started his career in the advertising industry in 1981 as a media planner/buyer with Michael Bungey DFS. In 1984, he joined Television South West as an advertising sales executive. Subsequently, he became a director and shareholder of the advertising agency Squires White Robertson Gill plc in 1987. Four years later, he co-founded the directory business ...
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Loot (magazine)
''Loot'' was one of the United Kingdom's leading free classified advertising publishers, distributing its products via print, internet, interactive television and Wireless Application Protocol (WAP). History and profile ''Loot'' was founded in 1984 when David Landau, an Oxford don and an art historian, picked up a magazine titled ''Secondamano'' ("second-hand") in a Milan airport, believing it to be an antiques magazine. Finding out it was a free classifieds magazine instead, he was intrigued by the concept and discovered that no similar publication existed in the UK at that time. Together with his sister Elizabeth (who came up with the name ''Loot'' for the new venture) and her husband Dominic Gill, then music critic for the ''Financial Times'', the trio raised the money to launch their first publication, the London edition of ''LOOT: London's Noticeboard'', in 1985. The paper was launched in March 1985 on paper the same colour as the ''Financial Times'' (i.e. pale pink or salmon) ...
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Business Directory
A business directory is a website or printed listing of information which lists businesses within niche based categories. Businesses can be categorized by niche, location, activity, or size. Business may be compiled either manually or through an automated online search software. Online yellow pages are a type of business directory, as is the traditional phone book. The details provided in a business directory may vary. They may include the business name, addresses, telephone numbers, location, contact information, type of service or products the business provides, the number of employees, the served region and any professional associations. Some directories include a section for user reviews, comments, and feedback. Business directories in the past would take a printed format but have recently been upgraded to websites due to the advent of the internet. Many business directories offer complimentary listings in addition to the premium options. There are many business directories ...
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Vivendi
Vivendi SE is a French mass media holding company headquartered in Paris. Widely known as the owner of Gameloft, Groupe Canal+, Havas, Editis, Prisma Media, Vivendi Village and Dailymotion, the company has activities in television, film, video game, book publishing, print press, communication, Ticket (admission), tickets and video hosting services. Bolloré is the largest shareholder at approximately 30% of the company. Vivendi's chairman Yannick Bolloré is also CEO of Havas, which was spun-off from Vivendi in 2000 but has since become a subsidiary. History Origins On 14 December 1853, a water company named Compagnie Générale des Eaux (CGE) was created by an imperial decree of Napoleon III. In 1854, CGE obtained a concession in order to supply water to the public in Lyon, serving in that capacity for over a hundred years. In 1861, it obtained a 50-year concession with the Paris, City of Paris. CGE also supplied water to Nantes, Venice (from 1880), Istanbul, Constantinop ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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ITV Network
ITV is a British free-to-air public broadcast television network. It was launched in 1955 as Independent Television to provide competition to BBC Television (established in 1936). ITV is the oldest commercial network in the UK. Since the passing of the Broadcasting Act 1990, it has been legally known as Channel 3 to distinguish it from the other analogue channels at the time, BBC1, BBC2 and Channel 4. ITV was for four decades a network of separate companies which provided regional television services and also shared programmes between each other to be shown on the entire network. Each franchise was originally owned by a different company. After several mergers, the fifteen regional franchises are now held by two companies: ITV plc, which runs the ITV1 channel, and STV Group, which runs the STV channel. The ITV network is a separate entity from ITV plc, the company that resulted from the merger of Granada plc and Carlton Communications in 2004. ITV plc holds the Channel 3 b ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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Daily Mail And General Trust
Daily Mail and General Trust (DMGT) is a British multinational media company, the owner of the ''Daily Mail'' and several other titles. The 4th Viscount Rothermere is the chairman and controlling shareholder of the company. The head office is located in Northcliffe House in Kensington, London. In January 2022, DMGT delisted from the London Stock Exchange following a successful offer for DMGT by Rothermere Continuation Limited. History The group traces its origins to the launch in 1896 of the mid-market national newspaper the ''Daily Mail'' by Harold Harmsworth (later created, in July 1919, The 1st Viscount Rothermere) and his elder brother, Alfred.Harold Harmsworth, 1st Viscount Rothermere
Oxford Dictionary of National Biography
It was incorporated in 1922 and its shares were first listed on the Lo ...
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Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, neg ...
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Dot-com Bubble
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the 19 ...
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Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ...
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