Hogan Lovells’ profit per partner tops $1.2m February 27, 2014 Profit per partner at Hogan Lovells increased by 10 per cent to top $1.2m (£720,000) last year, the City law firm said today, as both revenues and profits rose to record highs. Fees incomes increased by 5.2 per cent to $1.72bn in 2013, compared to $1.63bn in 2012, while revenues per lawyer were up 3.7 [...]
What you need to know before the US open February 27, 2014 US markets are expected to open lower today, following European counterparts that have remained cautious because of the worsening situation in Ukraine. The FTSE lost almost one per cent this morning, dragged down by struggling bank RBS, which has shed almost ten per cent. Janet Yellen’s due to speak to the Senate later today – [...]
Android gaming revenue growth far outpaced Apple during 2013 February 26, 2014 ANDROID gaming revenues grew 400 per cent during 2013 as games like King’s Candy Crush Saga and Gungho’s Puzzle & Dragons pushed spending on mobile games to a record high. Gaming on Apple’s iPhones and iPads saw only a doubling of revenues during the same period, according to a report from IDC and App Annie [...]
Watch out for wearable tech at MWC 2014 February 26, 2014 Keep your friends close and your technology closer: the latest wrist-friendly gadgets Mobile World Congress is a phone geek’s dream – a time when the great and good of the mobile industry showcases what we can look forward to for the rest of the year. While recent years have been somewhat thinner on the ground [...]
CEO of disappearing Bitcoin exchange assures users he’s “still in Japan” February 26, 2014 After the highly popular Bitcoin exchange disappeared entirely yesterday, CEO Mark Karpeles has put an announcement on MtGox's site to "reassure everyone that I am still in Japan". Karpeles says that he is "working very hard with the support of different parties to find a solution to our recent issues." The Bitcoin exchange is alleged [...]
What the other papers say this morning – 26 February 2014 February 25, 2014 FINANCIAL TIMES Osborne under pressure to cut taxes George Osborne, chancellor, is under pressure from Tory MPs to use next month’s Budget to announce pre-election tax cuts to offset the prospect of a politically damaging rise in interest rates before polling day. One Tory MP said the idea of the Bank of England raising base [...]
Bottom Line: This end is really the beginning February 25, 2014 THE DEATH of Bitcoin’s most popular exchange couldn’t have come sooner. The “transaction malleability” bug that hit Mt Gox is a known problem with the crypto-currency, and exchanges failing to take the proper steps will find themselves vulnerable. By the time a fix came, “the damage had already been done”, a document leaked yesterday said. [...]
Why the end of MtGox is great news for Bitcoin February 25, 2014 The death of Bitcoin’s most popular exchange couldn’t have come sooner. MtGox is reported to have lost up to 744,408 Bitcoin – or around six per cent of all in circulation – as a result of problems with its own software. That’s according to a currently unverified document, allegedly a leak from MtGox itself, after [...]
Why the end of MtGox is great news for Bitcoin February 25, 2014 The death of Bitcoin's most popular exchange couldn't have come sooner. MtGox is reported to have lost up to 744,408 Bitcoin – or around six per cent of all in circulation – as a result of problems with its own software. That's according to a currently unverified document, allegedly a leak from MtGox itself, after [...]
Samsung offers better camera with Galaxy S5 February 24, 2014 SAMSUNG last night unveiled its latest flagship Galaxy smartphone, a phone that Samsung hopes will help it fend off competition from Apple and Sony. The Galaxy S5, which will be available in April, includes a slightly bigger screen than its predecessor, at 5.1 inches against five inches, improved camera technology and better protection against water [...]