Apple turnover: Former Burberry chief to leave executive role at iPhone maker February 5, 2019 Former Burberry chief executive Angela Ahrendts is to leave her role as Apple's head of retail in April, after five years at the company. Having led Apple's retail and online stores, Ahrendts will now be chasing “new personal and professional pursuits”. It was revealed last month that Ahrendts received a total pay packet of $5m (£3.9m) from Apple in [...]
Apple reclaims its title as the world’s most valuable public company February 5, 2019 Apple has taken back its crown at the top of the tech heap, becoming the world's most valuable public company for a second time after losing the title last year. Boosted by a small 1.7 per cent share price rise as markets opened this afternoon, Apple's market capitalisation rose to $820.8bn (£633.1bn), up from hitting [...]
Apple chipmaker AMS warns of ‘subdued’ smartphone demand hitting revenue February 5, 2019 Shares in Austrian chipmaker AMS slipped more than 13 per cent today, after the iPhone supplier warned investors about a smartphone slowdown. The firm revised down its revenue expectations for the current quarter to between $350m (£270m) and $390m, reflecting continued "subdued smartphone demand" globally. Reporting its results for the three months to 31 December, AMS [...]
China’s success among western firms will depend on the desirability of the brand February 5, 2019 Not a week goes by when there isn’t a data print-out of China posting the weakest number since… well pick a year. Last Friday, for example, the Caixin manufacturing survey posted a second consecutive month of contraction and the lowest reading since 2016. The slowdown has triggered a set of 2019 growth downgrades from the analyst [...]
Viacom launches on-demand streaming app for MTV reality shows February 4, 2019 MTV owner Viacom has launched a new streaming app aimed at younger audiences as it joins a growing list of broadcasters offering an on-demand service. MTV Play, which will initially be available only in the UK, will offer a range of catch-up and box set programmes, as well as a live feed of MTV’s broadcast channel. [...]
DEBATE: Should Apple produce a cheaper iPhone to stem the decline in sales? February 4, 2019 Should Apple produce a cheaper iPhone to stem the decline in sales? Carolyn Dailey, founder of Creative Entrepreneurs, says YES. Apple has been missing out on a huge opportunity to increase sales, keep ahead of the competition, and build brand loyalty with key audiences that can’t currently afford an iPhone. These include students, freelancers and startup entrepreneurs, [...]
Facetime spy bug fixed, Apple says, but users will have to wait until next week for group calls February 1, 2019 Facetime users will have to wait another week to chat with several friends at the same time as Apple said it would not re-activate the function until next week Apple said its engineers have fixed a bug which allowed callers to spy on other iPhone and iPad users, but it will wait until next week [...]
Google’s GDPR fine may cost it more than just €50m – it will impact the tech industry too January 31, 2019 Back in December, I wrote an article asking why, six months after the European Union’s General Data Protection Regulation (GDPR) had come into force, we had not yet seen any major fines or punishments for firms that had misused or mishandled personal data. The lack of sanctions, I argued, made the new regulatory powers toothless. [...]
Facebook removes controversial app that pays teenagers for their iPhone data January 30, 2019 Facebook has taken down a research app that paid volunteers aged as young as 13 to gain unfettered access to data on their mobile phone. An investigation by Tech Crunch lifted the lid on the Facebook Research App, which bypassed the Apple App Store to seek out users via unofficial beta testing networks. The app [...]
DEBATE: Now that Facebook is integrating WhatsApp and Instagram, should we be worried about privacy? January 30, 2019 Now that Facebook is integrating WhatsApp and Instagram, should we be worried about privacy? Ruth Manielevitch, vice president of global business development at Taptica, says YES. Facebook has said that there will be end-to-end encryption across the board as part of this integration, but this will be difficult to implement. The level of personal information [...]