Arm Holdings shrugs off Apple woes to report soaring profits February 10, 2016 Arm Holdings has reported profits and sales soaring by double-digit figures, as the UK chip maker shrugs off the sector’s woes. The figures Arm posted full-year revenue of £968.3m for 2015, up by 22 per cent from £795.2m the year before. Pre-tax profits were up 31 per cent to £414.8m, from £316.5m last year. The [...]
Conservatives “play down” the auction at the party’s annual Black and White Gala dinner this year February 9, 2016 Guests heading to the Tories' Black and White Ball on Monday night weren't expecting much from this year's auction lots. After some negative coverage in previous years – over prizes such as a dinner with Sajid Javid and shoe-shopping with Theresa May – many thought that the Tories wouldn't want to do draw too much attention to themselves. Karl [...]
Smartphone batteries that last for a week could be available soon as Intelligent Energy strikes deal with manufacturer to add hydrogen fuel cells to handsets February 8, 2016 While smartphones have changed the world mainly for the good – constant access to Google makes winning arguments and pub quizzes that much easier – they don't match up to their brick-like predecessors in one very important way – battery life. While old faithfuls like the Nokia 3210 could last for days without having to be [...]
Imagination Technologies share price drops as chief executive Sir Hossein Yassaie leaves and chip maker sells Pure February 8, 2016 Imagination Technologies’ chief executive, Sir Hossein Yassaie, has stepped down from the troubled chip maker with immediate effect. Yassaie has been with Imagination since 1992, but is leaving as the firm attempts a major rehaul. The embattled UK chip maker has seen over 40 per cent of its value wiped off in the past three [...]
Addison Lee is taking the fight against Uber to the Big Apple February 7, 2016 To an outsider Addison Lee might look like a company that’s losing momentum. Disruptive rival Uber has burst on to the scene, and defied recent attempts (in the UK, at least) to use the strong arm of regulators to clip its wings. But Addison Lee insists that it had a great Christmas, and the minicab giant [...]
Apple confirms iPhone 6 killing “Error 53” was intended as a security measure February 5, 2016 Thousands of outraged Apple users claim their iPhone 6 handsets have been rendered permanently useless by a dreaded “Error 53” message, locked down because of third-party repairs to the TouchID system. Apple has confirmed that the “Error 53” issue, reported by the Guardian this morning, was purposefully developed as a security measure. It’s struck users [...]
Apple expands “Reuse and Recycle” programme to let people trade in their broken iPhone February 5, 2016 Apple is finally letting iPhone owners cash in their broken models to upgrade to the latest version. The tech giant is expanding its so-called “Reuse and Recycle” programme to allow customers to sell their broken phones for credit they can then use to upgrade to a new phone. Previously, this programme was limited to phones [...]
Transport for London’s plan to make all Black Cabs accept card payments is great news – but the details tilts the playing field against them February 5, 2016 We all love simplicity and speed. Last weekend I popped into my local Apple Store at Bluewater to get a new charging cable. Instead of queuing, one of the staff came over to me and I purchased the cable via her handheld mobile payment device. The VAT business receipt was automatically emailed to me. What a [...]
Warren Buffett values companies with strong brands: Should you? February 5, 2016 Coca-Cola, American Express, Heinz, Warren Buffett is a well-known advocate of buying and holding familiar companies with strong brands. “The dynamics of capitalism guarantee that competitors will repeatedly assault any business ‘castle’ that is earning high returns,” he wrote in 2007. “Therefore a formidable barrier such as a company being the low-cost producer or possessing [...]
The seven weird habits of highly successful people, from Bill Gates to Marissa Mayer and Warren Buffett February 4, 2016 Bill Gates has revealed that he used to keep tabs on his employees' movements to assess when they were and were not in work – and if, like him, they were diligently in on the weekend. But he's not the only business leader with a quirky obsession or two – here we take a look at some [...]