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Business

  • Apple iPhone 6 and iPhone 6 Plus sales: Pre-orders hit 4m mark on first day

    September 15, 2014

    Over 4 million pre-orders were made for the iPhone 6 and iPhone 6 Plus within the first 24 hours of being available, Apple has revealed.   The unprecedented demand has exceeded the tech giant's initial pre-order supply, meaning many customers will have to wait even longer to get their hands on their new phones.   [...]

  • Cheetah robot can run and jump just like a big cat based on new algorithm

    September 15, 2014

    Not content with creating a robot able to fold itself up like origami, or the human-like Baxter which can farm in space, scientists have made a robot that is able to run and jump just like a cheetah. MIT researchers have created an algorithm which mimics the movements of the big cat and programmed it [...]

  • 500 jobs at risk as Rileys Sports Bars enters administration

    September 15, 2014

    Sports bar chain Rileys has entered administration, putting more than 500 jobs at risk across the UK.    This is the second time in two years the pool hall business has entered administration, and comes two months after parent company Greybull Capital put it up for sale. Rileys was founded in 1878.    Rob Harding [...]

  • Seven ordered to pay £3.25m under insider trading investigation Operation Saturn

    September 15, 2014

    Seven men have been ordered to pay nearly £3.25m after they were found guilty of insider trading as part of an FCA investigation code-named Operation Saturn.   The men –  Ali Mustafa, Pardip Saini, Paresh Shah, Neten Shah, Bijal Shah, Truptesh Patel and Richard Joseph – have already received custodial convictions for insider trading relating [...]

  • This is how Apple kept the name of Apple Watch a secret

    September 15, 2014

    How sure were we that the Apple Watch was going to be called the iWatch? Everyone was fairly confident Apple would go by previous form with its “i” nomenclature. Everyone was wrong. So just how did Apple keep the real name of its first smartwatch quiet for so long? The iWatch name first made an [...]

  • Android One: How Google’s budget smartphone for India compares with its rivals

    September 15, 2014

    Google has launched its first Android One smartphone in India – a budget device aimed at enticing the “next billion” smartphone users in the country and other emerging markets. Google’s initiative aims to create cheap, high-quality smartphones for those in countries where incomes are lower and devices less affordable. Android One offers a package of [...]

  • Independent Scotland will risk its EU membership if it opts out of the euro

    September 15, 2014

    Fresh concerns have been raised over Scotland's future in the EU if a Yes prevails when Scots go the polls to decide whether to secede from the UK. The European parliament could block Scotland's membership of the EU if the country votes Yes. MEPs have told EurActiv that even if Scotland manages to get the unanimous [...]

  • “It’s not about the money. It’s about my sanity”: Read Minecraft creator Markus Persson’s full resignation letter from Mojang after Microsoft sale

    September 15, 2014

    Having sold his company, Mojang, to Microsoft for a cool $2.5bn (£1.5bn) today, Minecraft creator Markus "Notch" Persson announced his departure today. Carl Manneh, the company's chief executive, and Jakob Porser, another founder, both also decided to leave.   By the sounds of it, it wasn't much to do with the money. He mentioned the negative [...]

  • Microsoft share price falls as it confirms $2.5bn deal for Minecraft creator Mojang

    September 15, 2014

    After weeks of speculation, Microsoft has confirmed its deal to buy Swedish video game developer Mojang and its hugely popular game Minecraft for $2.5bn (£1.5bn).    Phil Spencer, head of Xbox, announced the deal in typical Silicon Valley style, with a video and accompanying note welcoming Minecraft and its “community that is among the most [...]

  • Currency support from the exchange experts: From start up to success

    September 15, 2014

    Whether it’s importing, exporting or expanding overseas, a business needs to be on top of its currency requirements to enjoy successful overseas operations. Using the services of a foreign exchange specialist such as Moneycorp, the providers of City AM International Payments, can save a business thousands. Moneycorp offer expert market guidance and bespoke tools to [...]

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