No clocking off in Apple Watch battle: Why Swiss watchmaker H. Moser & Cie boss Edouard Meylan is bullish about the future April 26, 2015 Even without the usual queues of devoted fans outside its stores, Apple created enough hype around its long-awaited watch that when it went on sale earlier this month, the limited first run sold out within hours. The £12,000 Watch Edition – made with gold – was one of the first of its 38 style options to [...]
Fed to decide on rates policy – New York Report April 26, 2015 THE US Federal Reserve is to meet for two days this week in order to discuss possible changes to its monetary policy. The outcome of the meeting is due on Wednesday. It seems likely that the Fed will be forced to wait until later this year before raising rates from record lows. Wages and inflation [...]
From Milifans to the Hound of Hounslow: here’s what got us talking this week April 24, 2015 It was the week which began with the transformation of the Labour leader into an idol (stop cringing at the back, please) and ended with HSBC threatening to leave these fair shores (again)…. Here’s what got us talking this week 1. Election The election campaign trudges on wearily, with a little under two weeks until [...]
Apple Watch apps: The most useful apps for your commute, work, travel and staying informed April 24, 2015 People are finally able to get their hands on the Apple Watch today as pre-orders begin shipping and a handful of shops – Apple stores, Selfridges and Dover Street Market in London – will begin selling the smartwatch offline. But with a mind-boggling 3,000 apps to get playing with, where do you start? Here's our [...]
Nasdaq beats its dotcom bubble record – New York Report April 23, 2015 THE Nasdaq Composite, the US market index most closely associated with technology stocks, closed at an all-time high yesterday, surpassing a 2000 record set just before the dotcom crash. Its record close of 5,056.06 capped a slow, unsteady climb from a 2002 low of 1,114.11 that spanned a recession, the rise of biotech and social [...]
FinTech payment startups least likely to get acquired by banks April 23, 2015 Financial technology startups shaking up the payments industry are least likely to be acquired by established banks, despite the increasing efforts by financial institutions to become more innovative. The most likely end-game for a successful startup developing innovative new ways for making payments in the rocketing FinTech sector is being acquired by a major technology firm such [...]
London’s best eats now within reach: New app Uncover aims to take the pain out of restaurant reservations April 22, 2015 Many of London’s top restaurants can be legitimately described as “exclusive”, primarily because they cost upwards of a hundred pounds a head – prices way out of most ordinary people’s price range. There is, however, another echelon of exclusivity inhabited by restaurants that aren’t only eye-wateringly expensive, but are also booked up for years to [...]
Strong Arm and a sunnier Sky lift the FTSE close to record – London Report April 21, 2015 THE TOP share index advanced yesterday towards a recent record high, with shares in ARM Holdings and Sky rising sharply after the companies announced strong profits. The blue-chip FTSE 100 was up 10.80 points, or 0.2 per cent, at 7,062.93 points by the close, after gaining 0.8 per cent in the previous session. However, the [...]
Steve Jobs was wrong: The customer knows best in the age of crowd-sourcing April 21, 2015 Apple’s 1997 “Think Different” campaign stands out as one of the major turning points in that company’s history. It was a message that Steve Jobs and his innovative spirit had returned to the firm, after he left in 1985. Jobs was as famous for championing the misfit as for saying that, in business, you won’t [...]
Arm Holdings share price jumps as revenues rise 22 per cent April 21, 2015 The figures One of the darlings of the UK's tech scene has reported revenues up 22 per cent to £227.5m in the first quarter, as sales in the phones its chips power jumped. Arm Holdings, which licenses its chip designs to the likes of Apple and Samsung, said pre-tax profits had jumped 24 per cent [...]