“Executional rigour” fails to save HP shares from after-hours plunge August 24, 2016 HP thinks it has the laser vision needed to continue printing out profits, as the technology giant revealed today its earnings per share had beaten its previously stated outlook. The company reported diluted net earnings per share from continuing operations of $0.49 for its third quarter of the year, safely above its previously provided outlook of $0.40 [...]
The US is not happy about the EU’s crackdown on tech giants’ tax arrangements August 24, 2016 Top officials in the US have raised concerns over Europe's probes into the tax arrangements of companies such as Apple, an investigation of which is due to be wrapped up imminently and could result in a multi-billion pound bill for the tech company. The US Treasury argues it will create an "unfortunate" precedent in international tax policies and leave taxpayers [...]
Deus Ex: Mankind Divided is a flawed cyberpunk marvel August 24, 2016 The Deus Ex series is known for its open-ended cyberpunk universe, a sprawling virtual playground in which you – a cyber-augmented supersoldier – are free to approach mission objectives using your preferred style. Tune and upgrade your glistening cyberbod with noisy weapons and you can blast through the game. Spend your time learning to hack [...]
Olympics on the move: Mobile traffic made up half of the BBC’s record online Olympics viewing August 24, 2016 It may have been Team GB's best Olympic medal haul in 100 years, but the Rio Olympic Games smashed mobile viewing records as well. The BBC has said just under half of the 29.3m users of its BBC Sport live online coverage tuned in via a mobile platform, while the dedicated BBC Sport app accounted for 10 per cent of its Olympics coverage – 2.9m [...]
Facebook, Twitter and others are set to snatch £450m from news industry revenue by 2026 August 24, 2016 Internet giants like Facebook and Twitter could cost the UK news industry around £450m in revenue by 2026, a new report has suggested. Online “disruption” has cost the industry 46 per cent of its turnover in the last decade, according to estimates from OC&C Strategy Consultants. And the traditional newspaper industry, covering both national and [...]
Airlander (AKA the flying bum) has crashed August 24, 2016 Airlander, the British aircraft which is the longest in the world and also happens to be nicknamed the "flying bum" plane because of its appearance, has had a minor crash. The Airlander 10 was damaged during the landing of only its second ever test flight. No one was injured but there was damage to the cockpit underneath the craft. Watch: Airlander [...]
These big banks are working on a digital currency together August 24, 2016 Several of the world's biggest banks are working together to create a digital currency to speed up settlements with the ambitious goal of putting the blockchain-based system into practice by 2018. UBS has been working on the Utility Settlement Coin (USC) since last year and is now being joined by Santander, Deutsche Bank, BNY Mellon and the broker Icap on [...]
Shoreditch tech startup LoopUp to float on London Stock Exchange junior market today August 24, 2016 Shoreditch conference call startup LoopUp floats on the London Stock Exchange’s junior market today. The initial public offering (IPO) values the company at £40.8m and has raised gross proceeds of £8.5m at a placing price of 100p. The startup makes software to streamline the process of conference calling for businesses, reducing muffled noises and allowing [...]
Elon Musk just revealed a “ludicrous” move for Tesla’s product range August 23, 2016 Tesla has today announced revamped versions of its Model S and Model X, which will take advantage of a more powerful battery pack. Chief executive Elon Musk has revealed the upgraded vehicles will take advantage of a feature called "Ludicrous mode" to offer the fastest acceleration among Tesla's offering so far. "I think this is going to send a [...]
Apple is said to be planning three new iPhones for next year August 23, 2016 Beyond the upcoming iPhone 7 due to be unveiled soon, Apple is said to be planning three new smartphones for next year, including a premium device with a bold new design feature. The tech company will make a radical overhaul of the iPhone design with a curved screen on one of the models due in 2017, [...]