Apple’s new retail chief Angela Ahrendts in $68m signing bonus May 6, 2014 BURBERRY’S former chief executive Angela Ahrendts started her new role as the head of retail at Apple yesterday, receiving a share award from the American tech giant worth $68m (£40m). Ahrendts’ award of 113,334 restricted shares coincided with Apple’s share price pushing past $600 yesterday morning for the first time since October 2012. However, when [...]
Facebook and Apple defy the tech critics April 23, 2014 TECHNOLOGY giants Facebook and Apple silenced talk of a tech bubble last night as they trumped all expectations, both delivering record earnings for the first quarter of 2014. Facebook’s booming mobile advertising business led the social network to revenues of $2.5bn (£1.5bn) in the quarter, above the expected $2.36bn, and profit of $642m, up more [...]
Amazon to challenge Apple with $99 fire TV April 2, 2014 AMAZON will enter the living room with a video streaming set top box called Fire TV. Chief executive Jeff Bezos described the rival to Apple TV as a: “Tiny box, huge specs, tons of content, incredible price”. It will pipe movies and TV shows directly from Amazon’s video service onto TV. No UK release date [...]
Why did Apple just release a cheaper iPhone 5c? March 18, 2014 Apple added a brand new iPhone to its lineup today, but before you get too excited it’s only a marginally tweaked iPhone 5c with a reduced 8GB of storage (the previous entry model had 16GB). The impact of this change shaves £40 off the 16GB version and brings Apple’s cheapest new iPhone down to £429 [...]
Visa swipes top spot for business brands from Apple February 24, 2014 BRITISH firms have chosen Visa as the best brand for business services, knocking tech firm Apple off the top spot, a poll out today reveals. Visa topped a survey of 2,000 companies and was joined by several other payment companies in the higher reaches of the Superbrands UK league table. Superbrands said the shift in [...]
Where’s Jony? Apple designer Ive goes offline February 17, 2014 APPLE’S chief design wizard Sir Jony Ive sent the tech world into a spin yesterday when he disappeared from the company’s online list of executives. The Apple rumour mill went into overdrive: “Has he been poached by Microsoft?” “Has he quit over the Flappy Bird clone ban?” “Has he moved back to the UK to [...]
Apple’s Jony Ive disappears from executives list February 17, 2014 Design guru Sir Jonathan Paul "Jony" Ive has disappeared from the tech giant's list of executives profiles. But don't worry too soon Apple afficionados – we suspect it's just a bug. The London-born designer has been responsible for the company's design team since 1996, and is widely thought to be one of the best minds [...]
Imagination shares lift as Apple extends its iPhone chip contract February 6, 2014 IMAGINATION Technologies saw its shares rocket as much as 20 per cent yesterday after it renewed a multi-year contract with Apple to supply the iPhone-maker with graphics chips for its devices. Since the beginning of 2012 Imagination’s share price has plummeted by over 75 per cent on fears that the chip maker was losing market [...]
Green takes a bigger bite out of Big Apple with Fifth Avenue store February 5, 2014 SIR PHILIP GREEN is stepping up his expansion plans for Topshop in the US after announcing plans yesterday to open five new shops, including a flagship store on New York’s Fifth Avenue. The 40,000 square feet store on the world’s second most expensive street will open in the Autumn next to the Rockefeller Center and [...]
Apple facing $840m fine for ebook pricing February 2, 2014 APPLE faces a fine of up to $840m (£511m) from US state and consumer antitrust claims after last summer’s lawsuit, in which the tech giant was found to be guilty of conspiring with publishing companies to increase the price of ebooks. The class action lawsuit, comprised of customers from 33 states and led by attorney [...]