The Artesian blog takes a look at the business headlines, For personalised daily news, contact Artesian
AOL's new chief to unveil turnaround strategy -Tim Armstrong, the new chief executive of AOL, is expected to set out an ambitious plan to reverse the internet portal's ailing fortunes on Friday.
It has been almost a decade since the ill-advised £99bn merger between AOL and Time Warner, which has seen AOL's market value drop by 97pc. (full story)
Shoppers 'need more protection' - A watchdog has called for more protection for shoppers who pay for goods in advance but lose their money when a business collapses.
One in 10 consumers who paid upfront during the last two years have not received their order, a poll of 16,010 people for Consumer Focus found. (full story)
Hacker attacks silence Twitter, slow Facebook - Twitter and Facebook suffered service problems from hacker attacks on Thursday, raising speculation about a coordinated campaign against the world's most popular online social networks.
The attacks, which came a month after the White House website was targeted in a similar online assault, left millions unable to carry out daily routines that have assumed an increasingly central part of their lives. (full story)
Ladbrokes plans offshore move as profits decline - Ladbrokes yesterday said its online gambling operation was moving offshore. It follows a similar move announced by rival William Hill.
Its chief executive Chris Bell said the bookie had taken the decision on competition grounds – many rivals are already offshore, which enables them to evade the Government's 15 per cent gross profits tax and a 10 per cent levy on horse-racing profits. (full story)
Airline Gives Money Back For Rainy Holidays - Holidaymakers whose trips are ruined by rain will be able to claim money back under a new scheme with German airline Lufthansa.
The "sunshine insurance" hopes to brighten up the ailing airline industry. (full story)
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