Nintendo drastically slashes profit forecast due to strengthening yen and disappointing 3DS sales February 26, 2016 Nintendo has drastically slashed its profit forecast for the fiscal year ending next month, with a strengthening of the yen weighing on the Japanese video games manufacturer. Net profit estimates were trimmed from 35bn yen (£200.4m) to 17bn yen as its forecast sales were decreased by 70bn yen to 500bn yen. Nintendo's disappointing sales performance [...]
This is where hazardous hoverboards go to die as the dangerous devices are destroyed February 25, 2016 Has a gadget ever fallen from grace so fast? From zero to hero and back again, and not even able to jump on the must-have Christmas toy bandwagon, the so-called hoverboard (but actually a self-propelled scooter) became the must-ban device of last year. Its flash in the pan status was run off course earlier than expected after sparks [...]
Banks like Lloyds, Barclays and HSBC told to give up stakes in the UK’s payment systems to increase competition and innovation February 25, 2016 Britain's biggest banks have been told to ditch their stake in the core system which govern how the majority of payments in the UK, from salaries to bank transfers, are made in order to increase competition in the market. Barclays, Royal Bank of Scotland, Lloyds, HSBC and Santander are among 18 banks which collectively own Vocalink, the system underpinning [...]
These are the most right-swiped jobs on Tinder: Pilots, physical therapists and teachers more popular than models February 25, 2016 When looking for love, a person's job can make all the difference – and some apparently more than others, according to Tinder. The dating app has revealed the careers which people are most likely to swipe right on. When picking a partner, women prefer men who are pilots, entrepreneurs, firefighters or doctors. Meanwhile men are more likely to go [...]
Foxconn delays $4.3bn takeover of Sharp which would unite major Apple iPhone suppliers February 25, 2016 A billion dollar deal that would create a merger between two of Apple's biggest suppliers has already hit a road block just hours after the takeover was confirmed. Foxconn has put the $4.3bn (£3.08bn) deal to takeover Sharp on hold, according to several reports, after receiving new information regarding financial risks. The struggling Japanese electronics maker earlier gave [...]
Cyber crime rockets: Shocking rise in senior staff attacking businesses as threat levels continue to soar following hacks at TalkTalk and Sony Pictures February 24, 2016 Cyber crime targeting British businesses has rocketed 130 per cent over the past two years, with so-called “silver fraudsters” stepping up their fraudulent activity. The full scale of computer crime is laid bare in a new investigation by accountancy giant PwC that ranges from senior managers dipping their fingers in the digital till to large-scale cyber [...]
HP share price rises despite revenue dip in first results since spin off from Hewlett Packard Enterprise February 24, 2016 HP reported a 12 per cent decline in revenue during the first quarter of 2016, with sales dropping to $12.2bn (£8.75bn) from $13.9bn in the same three months of 2015, as demand for PCs and printers fell away. Shares in the company rose by 1.3 per cent in after hours trading. HP is the legacy hardware [...]
MWC 2016 roundup: the biggest new phones announced at this year’s Mobile World Congress February 24, 2016 LG G5 LG’s new flagship handset is one of the first modular designs to market, allowing you to remove part of the phone to snap on new accessories to upgrade or add functionality. So far LG has shown the G5 customised with a camera grip – which adds additional battery capacity as well as shutter [...]
Facebook unveils new “Reactions”, allowing users to express love, anger, sadness, laughter and… say wow February 24, 2016 Facebook has launched its new function, Reactions, which it describes as "the new Like button with more ways to express yourself" – but there's still no dislike button. The social network first announced the new Reaction buttons in October 2015, and allowed users in Spain and Ireland to test them out initially. From today, they [...]
Blackberry acquires British cybersecurity company Encription and launches business security consultancy February 24, 2016 Former smartphone king Blackberry is doubling down on its security credentials revealing that it has acquired UK-based cybersecurity consultancy. Midlands-based Encription has been snapped up for an undisclosed sum by the struggling smartphone maker which once dominated the market. Encription counts the government and local authorities among its clients, conducting testing that emulates the way a hacker would work in order [...]