Why everything is awesome for Lego, in four charts February 25, 2015 Lego goes against all the stereotypes of a multinational company: partly because it's based in Denmark, and partly because when it comes down to it, it only has one product – little plastic bricks. But today it posted figures showing that, in the words of the blockbuster Lego Movie, everything is awesome. Last year represented [...]
Pebble Time and the three best smartwatches to buy right now February 25, 2015 Before the hype of the still-to-be-released Apple Watch, the smartwatch revolution was kickstarted by Pebble. A scrappy upstart compared to the Leviathan that is Apple, this pioneer was crowdfunding its first smartwatch way back in 2012 and by the end of last year, had sold one million devices. Now it's back with its latest design, [...]
Apple travels to Scotland to poach Edinburgh-based talent Camel Audio to bolster Logic Pro app February 24, 2015 Edinburgh-based Camel Audio, an audio software development house run by University of Edinburgh alumni Ben Gillett, appears to have been scooped up by US tech giant Apple. In January, Camel informed customers that its “award-winning… professional audio products” (Alchemy Synth, Sound Libraries and CamelPhat) would no longer be available for sale. Then, on Monday, the [...]
Islamic State earnings call: The terrorist group’s finances point to a difficult year ahead February 24, 2015 The first quarter of every year brings a blizzard of financial reporting, as companies reflect on the past year’s achievements and (most often) make promises of greater things to come. Governments are no different, particularly in an election year. This quarter has seen record earnings from Apple, tax cut promises from the Tories, and anti-austerity [...]
There’s nothing dirty about profit – we have to stop demonising it February 24, 2015 It’s very difficult for companies to thrive and grow without the trust of consumers and employees. That’s why we launched the Great Business Debate, the CBI’s trust in business campaign, to combat myths and encourage a constructive conversation about what business does and how it does it. We also recognise that people’s direct experience of [...]
Austin and four other cities are better for tech businesses than London February 24, 2015 Fresh from a string of reports saying London is the best place for tech – and who are we to disagree – the capital has a rival… or five. Austin in Texas is the top city in the world for tech businesses, along with five others across the globe leaving London in a lowly sixth [...]
Apple share price climbs towards trillion dollar valuation February 24, 2015 Apple, the maker of iPhones, MacBooks and soon-to-be Apple watches, saw its share price tick up today, meaning it was edging that little closer to hitting the never-before-seen trillion dollar valuation. Apple's share price fell as much as 0.9 per cent to 131.44 in early morning trade, before paring gains to 133.5. Yesterday, it closed [...]
Apple plans €1.7bn investment in European data centre project February 23, 2015 TECHNOLOGY titan Apple’s shares reached a record high of $133 last night after the US group announced plans to invest €1.7bn (£1.2bn) on two massive European data centres. Chief executive Tim Cook called the data centres: “Apple’s biggest project in Europe to date”. Based in County Galway, Ireland, and Denmark’s central Jutland, the two data [...]
Apple helps Nasdaq to a healthy rise – New York Report February 23, 2015 THE Nasdaq ended higher yesterday for a ninth straight day following gains in Apple, while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down energy shares. The Nasdaq’s winning run was its longest since September 2010, putting the index closer to its 5,132.52 all-time intraday high, reached in [...]
Nasdaq near 5,000: Not a bubble – yet – CNBC Comment February 23, 2015 YES WE’RE in a bubble.” “Heck no, we’re not in a bubble.” That was the conversation at a recent tech meet in Shoreditch, where entrepreneurs and investors debated whether the Nasdaq trading within striking distance of 5,000 means bubbly tech stocks are about to burst. The tech-heavy index has not traded above the 5,000 mark [...]