Apple reaches a new self-driving car milestone in its first road accident September 2, 2018 A test vehicle from Apple's self-driving car programme was involved in a road accident near its Silicon Valley headquarters last month, making Apple the latest tech giant to join a recent spate of autonomous driving incidents. One of Apple's Lexus RX 450h self-driving vehicles was preparing to join a motorway in Sunnyvale on 24 August when it [...]
Warren Buffett: I’d pick my iPhone over my airplane August 31, 2018 People should be taking better care of their iPhones, if billionaire Warren Buffett is to be believed. The business magnate said in an interview yesterday that he would prefer to have his iPhone over his private jet. Despite the $999 (£770) iPhone X being the most expensive smartphone Apple has produced, he claimed the device [...]
Focus On Covent Garden: The tourist trap turned foodie hotspot also does homes August 31, 2018 Who lives in Covent Garden anyway? To most Londoners, this historic 17th century piazza is synonymous with street performers and burger bars. It’s always been a place to pass through on the way to the theatre, rather than a place to spend much time in or, god forbid, live in. But all that is changing [...]
Buy the company or the product? Consumers understand their favourite brands, so they should buy shares in the firm August 31, 2018 We've all been guilty of being swayed by the hype that surrounds fashionable items. The iPhone X is a perfect example of that. Unphased by the £1,000 price tag, fans pledged their money before the new phone even hit the shelves, while thousands camped outside Apple stores on the day of its release. But let’s [...]
Whatever happened to Fitbug? Cash shell Kin Group to put ad tech firm Bidstack on Aim August 31, 2018 The remains of the ill-fated company Fitbug are to becomes a video game advertising company through a reverse takeover. Aim-listed Kin Group, which was formerly known as Fitbug, today announced the proposed acquisition of Bidstack, a technology company which inserts native advertising into video games, for £6.8m. It has also conditionally raised around £3.5m through a [...]
Apple has bought an augmented reality startup to rival Microsoft’s Hololens August 30, 2018 Apple has quietly acquired Akonia Holographics, a startup that makes super-thin and transparent lenses for augmented reality (AR) smart glasses. The news is a sign that Apple might soon move deeper into the AR market, a technology which can superimpose digital information and images on the real world. Other tech firms offering AR glasses to date include Microsoft's [...]
Amazon strides past $2,000 a share in trillion-dollar race August 30, 2018 E-commerce behemoth Amazon has broken past the $2,000 (£1,538) per share mark, putting the online retailer well on its way to hitting a $1 trillion market valuation. Shares in Amazon reached an all-time high of $2,010 just an hour after markets opened in the US, powering the firm past the $980bn market capitalisation milestone. Amazon made [...]
Putin’s approval rating slumps as he urges Russians to accept older retirement age August 29, 2018 Vladimir Putin has softened controversial pensions reforms after a public outcry that has seen his approval rating tumble. The Russian President had proposed to raise the retirement age of men from 60 to 65 and from 55 to 63 for women. Read more: US to impose fresh sanctions on Russia on Monday following Novichok attack [...]
ITV is right to launch a new streaming service, but it needs to make good content as well August 29, 2018 ITV’s plans to join forces with its fellow public service broadcasters BBC and Channel 4 to combat the growing threat from Netflix, Amazon, and other US streaming service giants may have seemed like too little too late. However, given the success of ITV’s current video offering – the ITV Hub – which has had a bumper [...]
The subscription economy may be the future for businesses, as firms switch to selling outcomes rather than products August 29, 2018 When was the last time you actually bought a DVD or CD? Most likely, you subscribe to a digital streaming service, like Netflix or Spotify. Congratulations, you’re part of the burgeoning subscription economy. But this subscription-based economy isn’t just limited to entertainment media. Increasingly, both individual consumers and big businesses are finding it more convenient [...]