Arrr! Photo agency wants Brussels to force Google into walking the plank for turning people into “accidental pirates” April 27, 2016 A photo agency wants Google to walk the plank for turning people into “accidental pirates”. Yes, Google is facing yet more legal action in Brussels. This time, Getty Images has complained to the European Commission over Google Images. As well as accusing Google of creating pirates, Getty also said the search engine is "threatening innovation, and [...]
Media mogul Arianna Huffington is joining the board of ride-hailing service Uber April 27, 2016 Media tycoon Arianna Huffington will join the board of directors of the ride-hailing app service Uber. Travis Kalanick, Uber's chief executive, announced Huffington's appointment to Uber, which was launched in 2009, in an article on The Huffington Post. "For those of us who know Arianna, it's clear she knows a thing or two about being an entrepreneur," [...]
What you need to know about Apple (other than that revenue drop) April 27, 2016 Oooof. We knew it would be bad, but not quite this bad. Apple's revenue miss was worse than expected, coming in at around £2bn less than the average analyst estimates while the predicted iPhone sales slowdown indeed came to pass. But beyond those big numbers (first revenue drop since 2003, first iPhone dip since its 2007 [...]
Banks and other financial institutions have been warned by Swift they’re vulnerable to this specific new malware cyber attack after Bangladesh central bank hack April 27, 2016 The world's biggest banks have been warned they are vulnerable to a specific cyber attack which has been linked to one of the largest hacks of the year against the central bank of Bangladesh. Malware that hides fraudulent transactions made via the Swift payments system – the global technology governing international transfers which is used by major financial institutions and individuals [...]
Imagination Technologies share price hit by Apple slowdown, but suppliers ARM and Laird less exposed April 27, 2016 British chip maker Imagination Technologies is feeling the crunch of the Apple slowdown. Shares tumbled more than five per cent as markets opened, after Apple reported a slowdown in revenue and iPhone sales that was worse than analysts had expected. Imagination's exposure to Apple is around 50 per cent, according to analysts at Liberum. Fellow UK [...]
Forget vacuums and hand dryers: The Dyson product might just blow away a whole industry April 27, 2016 It's been four years and £50m in the making, but Dyson's new product just blew in: this time, entrepreneur James Dyson is taking on the beauty market. Yes, fresh from such innovations as the world's first self-righting vacuum cleaner, the company has decided to tackle something altogether more personal: the hairdryer. And naturally, given the company's [...]
Why you need to be far more careful when making notes April 27, 2016 Of all the information your colleagues shared with you yesterday, how much do you remember? What happens to the rest? There is a limit to what we can take in. Our brains cannot store, let alone process, all the facts that cross our path on an average working day. If the information is in a document [...]
Canon profit drops by 7.7 per cent as sales tumble April 26, 2016 Japanese camera manufacturer Canon has reported a slowdown in sales during the three months to 31 March, as demand declined across its product ranges. Net sales dropped by seven per cent to ¥767bn (£4.9bn) in the first quarter, down from ¥858bn during the same period of last year. Operating profit plummeted by 39.4 per cent, to ¥45.7bn [...]
eBay share price rises as online auction site posts four per cent jump in revenue during first quarter of 2016 April 26, 2016 Shares in online retailer eBay rose by over 1.7 per cent in after hours trading as the company revealed a jump in revenue during the first three months of the year. Sales went up by four per cent, from $2.06bn (£1.41bn) in the first quarter of 2015, to $2.14bn, and gross profit went from $1.65bn to [...]
Apple’s share price falls more than seven per cent in after hours trading after disappointing results April 26, 2016 Apple posted a sharp fall in revenue, pushing its share price down by more than seven per cent in after hours trading. Revenue was reported at $50.6bn (£34.7bn), below the expected $52bn, and 13 per cent down on the $58bn reported in the same quarter a year ago. Earnings per share for the second quarter were [...]