Apple to take on Spotify by integrating Beats streaming service into every iPhone and iPad November 19, 2014 Apple will start integrating the Beats music subscription service into every iOS device early next year, as the battle for music streaming supremacy intensifies. The paid-for Beats service will be introduced to iPads and iPhones in an iOS update that could take place as early as next March, according to the Financial Times. [...]
Dow soars to record high – New York Report November 18, 2014 THE DOW and S&P 500 closed at record highs yesterday, lifted by further gains in healthcare shares and hopes for a stronger global economy. The S&P 500 scored its fourth straight day of gains. The Dow Jones industrial average rose 40.07 points, or 0.23 per cent, to 17,687.82, a record high. The S&P 500 gained [...]
Apple Watch apps: Instagram, ESPN and American Airlines sign up to developer tool November 18, 2014 Apple wants developers to start building apps for its forthcoming Apple Watch – and it is providing them with the tools to do it. WatchKit is a piece of software that gives developers the tools to create apps before the smartwatch becomes available. The standard Apple Watch is set to start at retail a [...]
Snapchat moves into mobile banking with the launch of Snapcash: Who will be its rivals? November 18, 2014 Whatsapp has announced its move into mobile payments, enabling users to transfer cash to one another at the hit of a button. It's latest foray into the emerging mobile payments could one day pit it against the likes of Facebook, Twitter, Google and Apple. That's not to mention leading credit card companies who already have [...]
Snapchat moves into mobile payments with Snapcash: Who are its competitors? November 18, 2014 Snapchat is partnering with payment processing firm Square Cash to create spancash. Snapcash will allow users to swipe into snapchat, type the dollar sign and the amount they wish to send, then hit the green 'send' button, the company said in a blogpost. . Square Cash will store users' debit card details and process payments sent [...]
S&P hits new record but Nasdaq falters – New York Report November 17, 2014 THE S&P 500 edged up to close at a record high on Monday as deal activity worth $100bn offset concerns about overseas growth after Japan’s economy slipped into recession. The Dow Jones industrial average rose 13.01 points, or 0.07 per cent, to 17,647.75, the S&P 500 gained 1.5 points, or 0.07 per cent, to 2,041.32. [...]
Britain must do more to scale up tech firms says LoveFilm and Zoopla investor Sherry Coutu November 16, 2014 Britain is great when it comes to helping tech startups, but we lag behind many countries when it comes to scaling-up these companies to reach their full potential, a report will reveal. The Scale-Up report is to be launched today at an event at Bloomberg’s London offices by its author, the investor and entrepreneur [...]
Park Hyatt New York: First major NYC hotel in over 10 years November 16, 2014 It takes big bucks to open a new luxury hotel in Manhattan – and even bigger cojones. Clearly, the idea has not been tempting for some time. New York’s last mega-launch was the Mandarin Oriental in 2003. Eleven years and one recession later, confidence has finally returned to the Big Apple – and, [...]
McDonald’s made bubblegum flavoured broccoli to get kids to eat healthier November 16, 2014 How to get children hooked on healthy food? McDonald’s attempted to solve that conundrum by making it taste like unhealthy food. The company's chief executive, Don Thompson, has been quoted as admitting that the restaurant tried to get kids to eat healthier by designing broccoli that tasted like bubblegum. According to reports [...]
Apple is now worth more than the entire Russian stock market November 14, 2014 An interesting viewpoint from Bloomberg this afternoon, whose chart of the day shows how Apple is now bigger than the whole of the Russian stock market. (Source: Bloomberg) Thanks to various factors, including sliding oil prices and sanctions from Western economies against Russian companies, the value of Russian shares has fallen $234bn (£150bn) this year, reckons Bloomberg. [...]