Imagination Technologies set to post biggest ever loss as costs soar July 3, 2016 Investors are braced for UK chip maker Imagination Technologies to report a slump in earnings this week. The Hertfordshire-based tech firm will post its full year results tomorrow and analysts have pencilled in a £20m loss, the worst in its 30-year history. Imagination is heavily exposed to its main customer iPhone maker Apple, and has [...]
US National Highway Traffic Safety Administration launches investigation after Tesla driverless car death July 1, 2016 A preliminary investigation has been launched after the death of a man in Florida who was driving a Tesla Model S car on autopilot mode. The crash with a tractor occurred on 7 May and is the first known fatality in more than 130m miles where Tesla's autopilot setting has been activated, the electric car maker said [...]
Why British homeowners still aren’t buying into the idea of the home connected by smart tech June 29, 2016 Take any object in your home and you can guarantee that at some point a Silicon Valley startup has tried to create a web-enabled version of it. The ever expanding “Internet of Things” (IoT), as it’s clunkily termed, now includes almost every household item under the sun. Many are useful, such as thermostats, light bulbs, [...]
Now trending: The simple tile is the unsung hero of 21st century interior design; here are some of the best to transform your home June 29, 2016 There is a story, probably apocryphal, that when architects were designing Apple’s new Cupertino headquarters, Steve Jobs spent a few minutes looking at the blueprints before telling the architects to go away and make the building half a foot longer. “Half a foot? How on earth will that make a difference?” they implored, knowing it [...]
My House: Make-up artist Laura Pye, whose portfolio includes working backstage at the BAFTAs, talks about her converted church in Stepney June 29, 2016 The flat is in a converted church, so it has loads of funny architectural quirks where the developers had to work around existing features. My favourite part is the beautiful stained glass windows, which let in loads of natural light. I’m a make-up artist so that’s really important; it means I can invite people round [...]
Addison Lee is buying rival Tristar as part of its US expansion strategy June 28, 2016 Addison Lee, the UK private car hire company owned by private equity giant Carlyle, is buying rival Tristar. The financial details of the deal were not disclosed, but City sources put the valuation at around £30m. Tristar, which operates the largest luxury car fleet in the UK, has revenues of £50m per year. Read more: Addison Lee is taking the [...]
Curzon Cinemas targets expansion around the world June 26, 2016 Curzon Cinemas, a chain that began in London in 1934 and has since opened 10 more cinemas across the country, is now targeting international growth through its digital offering. Philip Mordecai, director of home cinema at Curzon, is aiming to grow the digital side of the business and sees it eventually competing with the likes [...]
Forget the Nexus, Google is set to launch its own smartphone by the end of the year June 26, 2016 Tech goliath Google is expected to release it own smartphone by the end of the year in a bid to get a bigger slice of the smartphone market. The search giant has approached mobile operators to discuss manufacturing a Google-branded phone, sources told the Daily Telegraph. Currently the tech giant provides operating systems for smartphones [...]
Culture, coffee and cocktails. A tour of arty and historic Vienna June 24, 2016 The commemoration of the 100th anniversary of the death of Franz Joseph I of Austria – head honcho of the Austro-Hungarian Empire for nearly 70 years – presents a grand opportunity to delve into Vienna’s imperial past while catching up on some of its more contemporary delights as well. Franz Who? No, not Archduke Franz [...]
The Frog restaurant in Shoreditch review: Masterchef contestant Adam Handling launches an intense new venture that defeats our critic June 21, 2016 Pop quiz: who invented molecular gastronomy? Was it Heston Blumenthal, with his test tubes full of liquid nitrogen? Or Ferran Adria in his beach-side epicurean lair, churning out unholy delicacy after unholy delicacy? No, no, no. That’s all PR. Like most things, molecular gastronomy – a term most chefs, including Heston, hate – was created [...]