After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Alibaba profits almost triple as it approaches IPO August 27, 2014 Chinese ecommerce giant Alibaba has almost tripled profits in the three months to the end of June. The company, which is thought to be gearing up to float on the New York Stock Exchange in the next few weeks, filed papers with the US Securities and Exchange Commission showing profits jumped to 12.34bn yuan (£1.2bn), [...]
Chinese property company offers £200,000 discount on homes to Alibaba users August 27, 2014 Shop on Amazon and you might receive discount on a box of wine. Use Alibaba, and you could get money off mortar. Chinese builders need new methods to attract buyers: the country has enough floor space on sale to satisfy four years of demand, and over 90 per cent of households own the bricks and mortar [...]
One chart showing why Apple thinks you need a bigger iPad August 27, 2014 While the selling point of mobile technology is, well, its mobility, the desire for super-size screens to stimulate our eyeballs is now influencing the ultimate arbiter of cool, Apple. As well as the imminent launch (expected to be the iPhone 6) hawk-eyed Apple watchers have been thrown a curveball with the rumour of a larger iPad in [...]
Challenge Moneycorp to halve your business international payments costs August 27, 2014 Simple 3-step process: Call 0808 159 9482 today to see if your business qualifies Provide your FX requirements to our expert team We will review and provide a quotation to beat your current offer If successful we will fix your costs for up to 2 years. If not we will credit your Moneycorp [...]
Test your FX expertise – and win £500 worth of currency! August 27, 2014 We’re giving City A.M. readers the chance to win £500 worth of euros or US dollars, credited to their Moneycorp account, by entering our foreign exchange-themed quiz below. Email your answers to cityam@moneycorp.com by noon on Friday 29th August for a chance to win.* 1. Which country does investment broker, Max Skinner, played [...]
Sun, sea and siestas: Take a change of pace in Spain August 27, 2014 Many of us have wondered what it would be like to swap the noise and rush of city life for a more relaxed life abroad. A strong value of sterling and enticing overseas property prices have meant that these dreams are becoming a reality for growing numbers of Brits looking to purchase in Europe. [...]
A little slice of paradise for less August 27, 2014 The thought of breaking free from the morning commute and escaping to a peaceful overseas hideaway is something we’ve all thought about. With an increasing number of airports serving routes to remote European destinations, it’s becoming easier to board a short-haul flight from the city and be transported to a tranquil town or village [...]
Zara removes top following claims it resembles “holocaust attire” August 27, 2014 Spanish fast fashion Zara has been forced to remove a child's pyjama top after receiving widespread condemnation on social media for its resemblance to attire worn in concentration camps. The outfit – designed to look like a sheriff's uniform – featured a six-pointed star stitched on the left hand side of a striped long [...]
IMF chief Christine Lagarde under investigation by French court August 27, 2014 International Monetary Fund managing director Christine Lagarde has been put under formal investigation on suspicion of "simple negligence" by a French court. Lagarde was questioned for 15 hours on Tuesday by the Court of Justice of the Republic over her involvement in a long-running political fraud case involving controversial French businessman Bernard Tapie, who was awarded [...]
Fending off space junk to save millions: Lockheed Martin strikes deal with Australian tech firm August 27, 2014 Imagine investing millions in a space satellite, only to see it obliterated by an incoming piece of space junk. Damage caused by pieces of debris floating randomly in space is a risk faced by almost 2,000 commercial and government satellites on a daily basis. That's why US defence company Lockheed Martin has struck [...]