Occupy Central: Disgruntled banker crashes video interview with Hong Kong protesters October 23, 2014 Protesters striving for a more democratic Hong Kong continue to occupy the city’s streets in their droves, yet not everyone in town is behind the movement known as “Occupy Central”. A senior J.P. Morgan Chase banker crashed a live interview with Hong Kong's pro-democracy protesters to express his frustration with the occupation of [...]
Apple’s new Yosemite operating system: 6 things you need to know October 23, 2014 We take a look at some features in the newly launched Yosemite operating system, which Apple claims will “elevate the experience of using a Mac”. 1. The Marriage of devices Devices running Yosemite and Apple’s mobile iOS are now able to have constant conversations; edit a photo on one iCloud device and the updates will take [...]
Review: iPad Air 2 and iPad Mini 3 October 23, 2014 iPad Air 2: ★★★★★From £399 for 16GB wi-fi onlyiPad Mini 3: ★★★☆☆From £319 for 16GB wi-fi only Apple products are like buses, if buses were only 6.1mm thick, featured the kind of technology people could only dream of a decade ago and came in gold. Wait, no, they’re like buses because you wait ages for [...]
Volatility index calms down as panic subsides October 22, 2014 DON’T panic, as the cover of the Hitchhiker’s Guide to the Galaxy by the late Douglas Adams exhorted. After surging to a 28-month high last week, the Chicago Board Options Exchange Volatility Index (Vix) has fallen at least a point a day since 16 October, reflecting a dissipation of investor concern that hasn’t occurred in [...]
Facebook’s £3,169 UK corporate tax bill in 2013 was less than a zone 1-9 yearly London travelcard October 22, 2014 Facebook’s corporate tax bill for 2013 came in at just £3,169 last year, according to its latest accounts. It paid less than London commuters pay for a yearly zone one to nine travelcard (£3,256) by basing its European headquarters in tax-favourable Ireland, and using a tax loophole known as the “Double-Irish”. The social network paid the [...]
Arm Holdings’ Simon Segars: Britain’s chief chipmaker is moving from smartphones to the Internet of Things October 21, 2014 Simon Segars, the boss of Britain’s biggest tech firm, believes his Chinese customers will begin adopting Arm’s latest chip designs in low-end smartphones next year, a move that would dramatically boost royalties. In its third quarter results yesterday, Arm Holdings, which makes processors for most of the world’s smartphones and tablets, revealed a two [...]
Wall St gets results boost – New York Report October 21, 2014 US STOCKS rallied yesterday, with the S&P 500 notching a fourth straight session of gains boosted by strong corporate results, including Apple’s. The Dow Jones industrial Average closed up 1.31 per cent at 16,614.81, while the S&P 500 closed up 1.96 per cent at 1,941.28. The Nasdaq Composite closed up 2.4 per cent at 4,419.48. [...]
Apple Pay is only the start: Mobile wallets are about to take off October 21, 2014 It’s here folks. Well, in the US at least. Yesterday, a string of American retailers (including Bloomingdale’s, Foot Locker and Toys R Us) started accepting Apple Pay transactions, allowing consumers to make payments through credit card information stored on the new iPhone. Exciting stuff, but haven’t people been predicting the end of cash for some [...]
McDonald’s to restructure after “significant decline” in sales October 21, 2014 McDonald's is planning a major review of its working practices and structure on the back of a “significant decline" in revenues and profit. Revenues fell five per cent to $6.98bn (£3.8bn) for the three months to September 30, with the fast food giant blaming increased competition. Consolidated operating income plummeted 14 per cent to [...]
Apple Pay launches: Why mobile payment is about take off October 21, 2014 Apple Pay, the tech giant's mobile payment service, has launched in the US offering users the ability to pay for items using just their mobile phone. It kicks of the most high-profile launch in the nascent mobile payment space, which could finally push it into the mainstream. A mobile wallet is perhaps the best way [...]