Victoria Line concrete clean up “nearly done”, says TfL January 23, 2014 After the Victoria Line has suffered from some concrete related problems with its signalling equipment (it's not cement, that's just an ingredient in concrete) – the fun is nearly over. Transport for London have said that cleaning of the fast-setting stuff is nearly done, with testing and fixing of equipment to follow. For now the [...]
We don’t think you’ll be able to watch this 3D printing success story without crying January 23, 2014 For all the alarmism around 3D printing – much of the coverage last year revolved around plastic firearms – it's easy to miss the life-changing progress being made.
Investment surges in mobile security as market heats up January 23, 2014 Mobile security products are in high demand as companies increasingly allow employees to use their own smartphones and tablets to access sensitive business documents outside the office. VMware said yesterday it would buy mobile security company AirWatch in a deal valued at $1.54bn (£920m) and the cloud software maker’s largest acquisition to date. US-based AirWatch, [...]
5 big things we’ve learned from tech leaders at Davos January 23, 2014 From “The New Digital Context” discussion at Davos yesterday 1. The Internet of Things will be worth $19 trillionCisco chief executive John Chambers said that he expects the market of internet connected devices – excluding PCs, tablets and laptops – to be worth an incredible $19 trillion by 2024. 2. PCs are being left behind [...]
SSE posts 8.8 per cent rise in profits – if you look very closely January 23, 2014 Big six energy supplier SSE said it expects profits to rise to £1.54bn this year, mere months after pushing customers’ bills up 8.2 per cent. This equates to an 8.8 per cent increase in pre-tax profits, despite SSE losing 250,000 customers in the nine months to 31 December 2013. The profit forecast was slipped in [...]
TfL to use its own Olympic volunteers to staff stations during strikes January 23, 2014 Transport for London has found a new benefit to the Olympic legacy – it is drafting in trained volunteers from its back offices to man the stations as “ambassadors” during next month’s strikes. Around 1,000 TfL staff, from accountants to former drivers, have offered to lend a hand to passengers during the RMT walkouts on [...]
Here’s why one bank thinks Marks & Spencer is set to outperform January 23, 2014 Exane BNP Paribas has shown some kindness to poor Marks & Spencer this morning after generously upgrading its recommendation to “outperform”, sending shares up more than two per cent. The French bank, which previously had an “underperform” rating on the stock, bravely argues that after three years of difficult trading and a history of underinvestment, [...]
1 chart that proves France is still the sick man of Europe January 23, 2014 It wasn’t the focus of the Eurozone crisis 18 months ago, but France is now doing worse than countries like Spain. The crisis in Spain and Greece was – and still is – terribly painful. But it led to a series of tough economic reforms to free up key areas like the jobs market, as [...]
Here’s the struggling handset division Nokia is selling to Microsoft January 23, 2014 Nokia’s handset division slumped during the fourth quarter to sales of €2.6bn (£2.1bn), down five per cent on the previous quarter and down 29 per cent year on year. The division, that will be transferred to Microsoft during the first quarter of 2014, is now classified as a discontinued operation in Nokia’s results. The Finnish [...]
Here’s how a snow blower got revenge for all those shattered iPhone screens January 23, 2014 The clear-up of Tuesday's snowstorm has left a New York Apple Store resembling the company's iconic (and sometimes shatter-prone) iPhones. A 32-foot high glass panel at Fifth Avenue's Apple Store has been left in pieces, after it was cracked by a snowblower-wielding clean up crew. AppleInsider reports that "a single pane positioned in the southeast [...]
