Nokia is getting into wearables with €170m deal for Withings April 26, 2016 Nokia is making a move into wearables, announcing plans to buy up french tech company Withings. The now mobile-free Nokia (after selling that part to Microsoft), is zoning in on the world of digital health tracking technology with the €170m deal. "We have said consistently that digital health was an area of strategic interest to Nokia, [...]
Oil prices start to climb on news of Saudi Arabia’s share offering in Aramco April 26, 2016 Oil prices started Tuesday morning on the front foot, climbing closer to the $45 a barrel mark, following Saudi Arabia's announcement that it will sell shares in state owned oil giant, Aramco. Brent Crude climbed by 0.67 per cent to $44.78 before the European stock markets opened. Yesterday, the commodity started the week on the slide as investors [...]
Apple is about to report its first slowdown in more than a decade April 25, 2016 Apple's crunch time is approaching. The most valuable company in the world (for now, at least) is about to report a sales slowdown, which although expected, is not a welcome occurrence in the usually ever upward trajectory of the beloved brand. The figures Sales of around $52bn (£35.9bn), with the iPhone making up the lion's share, are predicted [...]
Saudi Aramco set to be valued at more than $2 trillion as Saudi Arabia confirms five per cent stake sale April 25, 2016 Saudi Aramco, the Kingdom of Saudi Arabia's state owned oil company, will be valued at over $2 trillion (£1.38 trillion) when less than five per cent of the company is sold through an initial public offering. The valuation would make it the most valuable company in the world, over taking Apple which has a market capitalisation of $607bn. The [...]
Sirin Labs’ crazy £10k luxury super secure Solarin smartphone is about to launch in London April 25, 2016 A secretive startup backed by millions of dollars is about to launch a luxury smartphone promising ultimate privacy – and believes the UK is its target market. But anyone thinking of giving this new brand phone a whirl should get saving – it'll set you back around £10,000. The Israeli-founded but Switzerland-based Sirin Labs has unveiled plans for an imminent launch [...]
Visual vanguard: JCDecaux’s Spencer Berwin talks hawks, scaling and London’s digital landscape April 25, 2016 London's landscape is in flux. Almost 120 skyscrapers are in the pipeline, and the proliferation of bright digital billboards in train stations, roundabouts and bus shelters are transforming the capital’s aspect into something altogether more dynamic and enthralling. Outdoor specialist JCDecaux is behind this massive digital roll-out. After winning TfL’s £300m bus shelter contract last [...]
Google, Apple, Samsung and Pearson among companies that could start offering low-cost degrees April 24, 2016 A white paper to be released next month could give the green light to companies including Google, Apple and Pearson to award low-cost degrees to British students. The guidance is also expected to propose that universities will be allowed to charge higher fees in line with the salaries students earn after graduating from a particular institution, reported [...]
Why 2017 will be the year you run the London Marathon – and how technology can help you run faster, longer and fitter April 22, 2016 New technologies announced with each marathon are redefining the sport, opening it up to people that wouldn’t have dreamed of running 26 miles a few years ago. The London Marathon proves that runners just can’t get enough of data: wearables, smart devices and smart clothing are likely to be out in force. On paper, running is probably the [...]
Prepare to salivate: John Lewis predicts the 10 things we’re going to go nuts for in autumn/winter 2016 April 22, 2016 Yes, the summer has only just arrived (or has it? Is this really it?) but retailers are already one step ahead of us, forecasting what we'll be buying this autumn/winter. Well it is only 246 days until Christmas. So while you might be daydreaming about which holiday clothes you're going to splurge on, the buyers [...]
Microsoft shares drop as quarterly results miss expectations April 21, 2016 Microsoft shares fell as much as five per cent in after-hours trading after its third quarter results missed expectations. The software giant's net income fell to $3.76bn, or 47 cents per share, in the third quarter ended 31 March, from $4.99bn, or 61 cents per share a year earlier. Quarterly revenue came in at $22.1bn in line [...]