Apple snaps up Israeli 3D chip firm PrimeSense November 25, 2013 APPLE has bought Israel-based PrimeSense, a developer of 3D motion detection technology, the company said yesterday. An Apple spokesman confirmed the purchase but declined to say how much it spent. Israeli media reported that the figure was about $350m (£216.7m). “Apple buys smaller technology companies from time to time, and we generally do not discuss [...]
The Long View: Bob Dylan and the selfie: The world’s now a stage and we’re all performing | City A.M. November 25, 2013 MY SMARTPHONE has a feature I can’t ever imagine using – it promises to insert my live picture into any snapshot I take by turning on both front and rearfacing cameras at once. But I’m clearly behind the times. Even as I cling to my old-fashioned desire to take photographs of the things that I [...]
Geek Speak: Hands-on review: The iPad Mini November 24, 2013 @steve_dinneen iPAD MINI From £319 for 16GB wi-fi only Four Stars TWO weeks ago, I wrote a big review of the iPad Air, which I said was the best tablet on the market, despite not incorporating all the latest tech from the iPhone 5S. Now, I’m going to have to do it all again, because [...]
Apple awarded $290m over its patent dispute with Samsung November 21, 2013 APPLE yesterday won $290m (£179m) in a damages retrial against Samsung, as the two companies continue to battle globally over their patent holdings. The technology giants have been fighting in the courts for over two years. Last year, Apple was awarded over $1bn in damages after it convinced a jury that Samsung copied various features [...]
The Long View: Bob Dylan and the selfie: The world’s now a stage and we’re all performing November 21, 2013 MY SMARTPHONE has a feature I can’t ever imagine using – it promises to insert my live picture into any snapshot I take by turning on both front and rearfacing cameras at once. But I’m clearly behind the times. Even as I cling to my old-fashioned desire to take photographs of the things that I [...]
Emerging markets boost SABMiller profits November 21, 2013 Growing sales in Latin America and Africa have boosted net profits for SABMiller to 9 per cent, the company announced on Thursday. For the six months to 30 September, the world's second largest brewer saw volume growth of one per cent on an organic base but suffered declines in Europe and North America. Emerging markets [...]
Trader gets 30 months after Apple wire fraud November 20, 2013 A FORMER trader was sentenced to two-and-a-years in prison yesterday for an unauthorised purchase of about $1bn in Apple stock that eventually led to the demise of financial services firm Rochdale Securities. David Miller, 41, was sentenced by US District Judge Robert Chatigny in Hartford, Connecticut, seven months after pleading guilty to wire fraud and [...]
There’s much more to the financial services industry than London November 20, 2013 THE FRUITS of Britain’s banking industry stretch well beyond the Square Mile and Canary Wharf. This morning, for example, I will be speaking to members of Manchester’s business community. When it comes to picking impressive banking hubs, you may not think of the northern city that gave us Thomas de Quincey, Emmeline Pankhurst and the [...]
US appeal court revives Apple-Samsung row November 18, 2013 A US appeals court yesterday breathed new life into Apple’s long-running attempt to secure an injunction against Samsung Electronics, ordering a California judge to reconsider imposing a permanent sales ban on some Samsung products. The US Court of Appeals for the Federal Circuit said that the lower court abused its discretion in denying the injunction [...]
Ahrendts wins top luxury gong November 18, 2013 BURBERRY’S outgoing chief executive Angela Ahrendts collected the top prize at the 2013 Walpole Awards for Excellence last night at the Banqueting House in Whitehall. Ahrendts – who will swap luxury handbags for iPads when she joins Apple next year – was awarded the medal of excellence for her “monumental success in reinventing Burberry”. Walpole’s [...]