Apple just bought emotion-detecting startup Emotient as rivals Facebook and Google continue Silicon Valley’s push into artificial intelligence January 7, 2016 Apple just bought emotion-detecting startup Emotient, taking a deeper plunge into artificial intelligence. Emotient, founded in 2012, uses AI software to analyse facial expressions and detect people’s emotions. The firm’s primary audience has been advertisers hoping to evaluate viewers’ reactions to adverts. Exactly what Apple plans to do with it is unclear, but Apple has [...]
Vodafone joins Apple and Google in slamming UK government’s Investigatory Powers Bill, warning that the snoopers’ charter risks undermining trust January 7, 2016 Vodafone has slammed the government’s so-called snoopers’ charter, warning that the proposed legislation to monitor communication risks undermining trust in British telco firms. Vodafone has expressed concern that authorities’ power to tap into and access its network would be a “major imposition on the freedom of an operator”. In a submission to the Draft Investigatory [...]
Twitter, Facebook, Google and US tech giants blast “snooper’s charter” and encryption demands of Draft Investigatory Powers Bill January 7, 2016 Facebook, Google and Twitter are among the US tech giants to blast the so-called snooper's charter, raising several concerns about the new legislation for monitoring communications. The tech companies, which took the unusual step of making a submission to the Draft Investigatory Powers Bill committee together and also includes Yahoo and Microsoft, highlighted concerns over the cross-border [...]
Apple share price drops below $100 on reports of slowing iPhone 6S and 6S Plus shipments January 6, 2016 Apple shares slumped below $100 for the first time in months as production cuts refuelled worries that demand for iPhones is weakening. Investors were rattled by reports yesterday that Apple was expected to cut production of both the latest iPhone models 6S and 6S Plus by 30 per cent in the first quarter of 2016, [...]
FTSE 100 index closes down as concerns over China cause mining stocks to fall January 6, 2016 The FTSE 100 index closed down today, dragged lower by mining stocks as concerns over China continued. The index closed 1.04 per cent down at 6,073 points, despite strong gains made by BAE Systems. "BAE topped the FTSE 100, as investors sought out defence stocks after North Korea’s nuclear weapon test," said Jasper Lawler, an analyst at [...]
Appy Christmas: $1.1bn sales record breaker for Apple’s App Store January 6, 2016 Apple is celebrating a record-breaking Christmas after people spent $1.1bn (£753m) through the App Store over the festive season. $140m was spent on New Year's Day alone, Apple's biggest single day of sales after Christmas day. That includes apps themselves, in-app purchases (think buying lives on Candy Crush), across iPhones, iPads, Macs, Apple Watch and Apple [...]
Apple iPhone 6s and 6s Plus: Production cut reports send shares lower January 6, 2016 Apple is to cut production of its newest handsets, the iPhone 6s and 6s Plus, by as much as 30 per cent, according to reports – which sent shares sliding. Production of the handsets will be reduced in the first quarter of the 2016, Nikkei reported, as inventory piles up in developed markets such as Europe and China [...]
Car industry revival turbo charged in US – GM, Fiat Chrysler, Ford, Toyota, and Nissan all pull in record sales for December and 2015 January 5, 2016 Oil prices at an 11 year low, an easy line of credit, pent up customer demand, and a rebound in the jobs market all contributed to a record breaking 2015 for the US car industry, crowned with one of the best December trading periods ever. The picture is looking similar in UK, with many of [...]
Mike Tyson joins the bitcoin fight by launching his own mobile wallet brand with Bitcoin Direct January 4, 2016 Mike Tyson is joining the bitcoin mobile wallet fight. The former boxer has announced plans to launch a bitcoin wallet together with Bitcoin Direct, hoping to convert the general public to the digital currency. With the announcement, Tyson is continuing his love story with bitcoin, having launched a branded bitcoin ATM in Las Vegas in [...]
Tech share prices are tumbling: Netflix, Tesla, Microsoft, Google, Amazon, Apple and more stock fall amid China rout January 4, 2016 Tech stocks have not escaped the market rout that has seen billions wiped of global markets on the first major day of trading in 2016. Tesla and Netflix both fell by more than seven per cent, with a downgrade for the movie streaming service by Baird, while the electric car company yesterday delivered sales figures at [...]