Christmas Day online shopping will peak at this surprisingly late time for the post-millennial “Generation Z” December 25, 2016 Most people will be aiming to put their feet up after Christmas lunch today and zone out in front of the TV – but there's one group of people who will be driving a late-night shopping boom this evening. Not content with their new stash of presents, "Generation Z", the post-millennial cohort who were born in [...]
Nokia has sued Apple in Europe, Asia, and the US for infringing on its technology patents December 22, 2016 Nokia announced today it had filed a new set of lawsuits against Apple in Asia, Europe and the US for violating 40 technology patent suits in 11 countries. The Finland-based technology company originally said it was suing the iPhone maker yesterday, for infringing on 32 technology patents. Shares in the company were down nearly five per cent [...]
Yes, Icahn: Donald Trump appoints Carl Icahn as special adviser December 22, 2016 Donald Trump has appointed billionaire investor Carl Icahn as a special adviser on regulatory reform. Icahn, who gave his backing to Trump’s presidential bid in September 2015, “will be a leader in helping American entrepreneurs shed job-killing regulations that stifle economic growth”. Read more: Carl Icahn buys into Botox with Allergan stake, pushing up the [...]
Assassin’s Creed review: Confusing garbage even fans won’t forgive December 21, 2016 I am a cool and popular dude, so I have played pretty much all of the Assassin’s Creed games. From the first one, in which you play a man who runs around on rooftops stabbing popes, to the most recent one, in which you play a man who runs around on rooftops stabbing French aristocrats. [...]
Holiday delivery failures threaten to have a big impact on UK retailers’ bottom lines and tarnish reputations December 21, 2016 Delivery failures over the Christmas period are set to impact UK retailers' bottom lines as they could be missing out on more than £3bn, new research today revealed. In the UK, 16m consumers faced delivery delays over the 2015 holiday season, and 73 per cent of them still refuse to shop with the offending retailer this [...]
Blackberry ups full-year forecast despite revenue fall and growing losses December 20, 2016 Declining revenue at former phone-maker Blackberry continued in the latest quarter, but the former star tech company has increased its full-year forecast. Sales fell to $289m in the third quarter to the end of November. That was down 47 per cent on the same period last year and 13 per cent on the previous quarter as [...]
Apple and Ireland challenge European Commission over €13bn tax ruling December 19, 2016 The battle between the European Commission and Apple and Ireland reignited today. Apple and Ireland both filed appeals against a ruling by the EU regulator saying the tech firm should pay the country €13bn (£11bn) in back taxes. The iPhone maker, which has its European headquarters in Ireland, where the standard rate of corporation tax is [...]
Airbnb’s UK tax bill comes under scrutiny December 19, 2016 Airbnb's tax bill has come under scrutiny after it paid £317,000 in UK tax, despite London being the third biggest city from which the company offers rental accommodation. The tech business' international HQ is based in Ireland, but its payments division – Airbnb Payments UK – is based in London. This part of Airbnb handles the rental payments between [...]
Record levels of IT investment in 2017? You can bank on it, says report December 19, 2016 The banking sector will up its IT spend to an all-time high in 2017 as the gap between tech-savvy and Luddite lenders widens, according to a report released today. Embracing data and open banking are top priorities for banks the report by consultants Temenos and Capgemini revealed. The focus on technology comes a week after it was [...]
Driverless cars’ arrival looks set to shake up the automotive, oil and tech sectors December 16, 2016 The energy markets are starting to recover from their multi-year swoon, but there may be a bigger change ahead. It’s starting to look like the rise of self-driving vehicles is not only inevitable, but that it will be here sooner than many would have thought possible. That will likely upend the oil markets in ways [...]