It’s official: RIP Pebble watch December 7, 2016 The Pebble watch is dead. Demonstrating just how quickly and harshly the tide has turned in the world of wearables, the startup will no longer make its smartwatches after Fitbit confirmed it's buying up parts of the business. As first reported exclusively by City A.M., the deal means the end of the Pebble brand, which came to [...]
A major Apple supplier has US investment plans hot on the heels of SoftBank December 7, 2016 Foxconn, a major supplier of parts for Apple's iPhones, is following the lead of Softbank and is considering plans to invest in the US. President-elect Donald Trump tweeted that SoftBank, the Japanese company which snapped up UK tech firm Arm in a £24bn deal over the summer, will plough $50bn into the country and create 50,000 new jobs. [...]
Apple Music’s doubled its subscriber numbers in less than a year December 7, 2016 The number of people subscribing to Apple Music has doubled in just under a year. The tech company now boasts 20m music listeners signed up to its streaming service, according to Apple executive Eddy Cue. That's an additional three million since September when it last shared figures and 10m more than in January. Cue told Billboard magazine [...]
These are 2016’s top 100 influential leaders in fintech (part 2 of 4) December 7, 2016 City A.M. is publishing Hot Topics' top 100 fintech influential leaders list for 2016, supported by 360Leaders. This is part 2 of 4, in alphabetical order. Part 1 is here. For part 3 visit this link, and this is where you can view part 4. The most influential fintech leaders in 2016, E to J Eileen [...]
Revealed: The best places to work in the UK December 7, 2016 Businesses can breath a sigh of relief – the trend of trying to emulate Google's particular brand of work environment with bean bags, slides, hot desking and food freebies might just be over. The tech company has slipped out of the top 10 best places to work list for the first time, coming 13th in the annual ranking by [...]
John Lewis sales bolstered by final Black Friday promotions December 6, 2016 John Lewis' sales over the past week received a boost from the final Black Friday promotions on offer. Sales for the week to 3 December increased 3.9 per cent year-on-year, the department store said, reaching £172.1m. Read more: Nespresso is teaming up with John Lewis to open two new boutiques Year-on-year, fashion and home sales [...]
Samsung Vs Apple: US Supreme Court rules in favour of the South Korean giant December 6, 2016 The US Supreme Court has backed Samsung in the latest round of its patent bout with Apple. The decision to throw out an appeals court ruling means the South Korean company won't necessarily have to pay the $399m (£313m) penalty to Apple for copying the design of the iPhone. The US justices were unanimous in their decision, ruling eight to zero in [...]
What you need to know about the world’s biggest IPO December 6, 2016 Sometime in the next 12 to 24 months, the world will see probably see the biggest IPO in history, and one that may remain unparalleled for a century or more – the IPO of Saudi oil giant Aramco. Aramco says it has more than 260 billion barrels of recoverable reserves – 10 times the level [...]
Interiors: Embark on a ‘tipples and trees’ tour to get festive inspiration from London’s hotels and restaurants December 5, 2016 Now the merry month of December is upon us it’s time to fire up the festive spirit and prepare to entertain descending hordes of relatives. But what to do with them? A Christmas-themed afternoon tea or a festive cocktail at one of London’s landmark venues is a surefire way to impress. This time of year, [...]