A toast to Edinburgh’s ‘Flat White Economy’ as tech firms are lured north September 13, 2016 | City Talk The burgeoning ‘Flat White Economy’ is likely to play a vital role in the future of the post-Brexit UK economy. Now the second largest business sector in the UK, it accounts for 8.7 per cent of GDP. The term, originally penned to capture the explosion of digital businesses in London’s EC1V postal district, is spreading [...]
Canada firm to buy Dell-EMC unit for $1.62bn September 12, 2016 Opentext Corp, a Canadian business software maker, is buying Dell-EMC’s enterprise content division for $1.62bn (£1.21bn). The move is one of the last remaining non-core asset disposals Dell needs to make following its deal to acquire data storage company EMC for $63bn last year, the largest tech deal in history. Opentext is looking to expand its [...]
Google’s parent company is partnering with another pharma firm, this time to fight treat Diabetes September 12, 2016 Google's parent company Alphabet is forging ahead in the UK life sciences world in a tie-up with pharma giant Sanofi worth around $500m (£377m). Hot on the heels of a partnership with GSK, Alphabet's Verily Life Sciences and Sanofi have launched a new company called Ondua to help treat Diabetes. Read more: Watch: This Google robot has learned a [...]
Will the iPhone 7 be a hit for Apple or not? September 12, 2016 The iPhone 7 and iPhone 7 Plus have landed. With pre-orders opened and models racing into stores on 16 September, no doubt we’ll once again witness images of snaking queues of eager Apple devotees keen to part with their money. Apple made all the hyperbolic comparisons and numerical naming changes to suggest that this was a year of [...]
Who knew printers were still a billion dollar business? HP and Samsung, that’s who September 12, 2016 Apparently, we haven't gone fully down the digital rabbit hole yet and still need to print things out on dead trees. It's a business worth at least $1.05bn (£792m), in fact, as HP snapped up Samsung's printer business for just that amount in a major deal on Monday morning. Samsung will spin off the business as part of its efforts to [...]
Watch: This Google robot has learned a balancing act September 12, 2016 Like a baby taking its first steps, the world has been privy to some seriously special moments in the lives of Boston Dynamics' robots. The Google/Alphabet owned company (for now, at least) has brought us clips of Atlas opening doors, taking strolls through the woods (even in snow) lifting and stacking boxes, as well as most famously [...]
Samsung shares are not on fire after flaming recall September 12, 2016 Shares in Samsung have unsurprisingly stumbled after the smartphone maker was forced to recall its recently launched flagship Galaxy Note 7 due to a fiery battery situation. The South Korean tech giant was forced to pull the device from the shelves after reports of it exploding and on Friday said it had identified 35 such incidents. Read more: Samsung Galaxy [...]
These are the FTSE 100 social media winners and losers September 12, 2016 FTSE 100 firms are finally getting the hang of social media and even jumping on the Snapchat bandwagon to build their profile, new research reveals. Seven firms in the blue-chip index now have official accounts on the fledgling messaging service with a further six using the platform in some form. Read more: Google, Facebook and Twitter blasted over [...]
Raspberry Pi maker shareholders set to vote on Avnet takeover offer September 11, 2016 Shareholders in the electronics maker behind the Raspberry Pi computer Premier Farnell will vote on the 185p-per-share offer for the company today. Investors are expected to back the £868m deal, which is seen as a sign the UK’s tech industry is still attractive to overseas investors. The deal requires 75 per cent of shareholders – [...]
The tie-up between Morrisons and Amazon is growing closer September 11, 2016 Morrisons has ramped up its ties with Amazon unveiling plans to add the online retail giant's lockers to its supermarkets across the country. Hundreds of Amazon lockers used for click and collect deliveries will be introduced this year, letting customer pick up items at their convenience rather than having to be at home for a delivery. Read more: Now Amazon's getting into [...]