The race that Android is set to win against Apple January 7, 2014 The number of devices shipped using Google's Android operating system will reach over a billion in 2014, according to research group Gartner. The number of Android users is set soar by 26 per cent to 1.1bn over the course of the year. Gartner forecasts that the strongest demand for devices will come from emerging markets. [...]
Car makers join Google’s plan to connect cars January 6, 2014 The latest technology, manufacturing and business news from the Consumer Electronics Show in Las Vegas… GOOGLE announced plans yesterday to team up with major manufacturers to put its Android platform into cars by the end of 2014. Honda, Audi, Hyundai, General Motors and chipmaker Nvidia have all joined Google’s Open Automotive Alliance (OAA), which aims [...]
Apple’s mobile sales in Europe grow in strength January 6, 2014 APPLE’S smartphone sales continue to increase month-on-month, making up 18.1 per cent of the smartphones sold in Europe’s five biggest markets during the three months to November, data from Kantar Worldpanel showed today. In October Apple’s share was 15.8 per cent. November’s strong sales are linked to high levels of customer satisfaction of its iPhone [...]
HTC misses fourth quarter target despite aggressive cost cutting January 5, 2014 STRUGGLING Taiwanese smartphone maker HTC missed expectations yesterday with a worse than expected fourth quarter profit, despite the firm’s aggressive cost cutting measures and the sale of its 2.5bn Taiwanese dollar (£50.8m) stake in Beats Electronics. The company reported profit of 300m Taiwanese dollars, compared to a net loss of 2.97bn Taiwanese dollars in the [...]
The year in preview: Our in-depth guide January 5, 2014 City A.M.’s journalists take a wide-ranging look at what 2014 has in store for the world of finance and business BANKINGRestoring faith means costly overhaulsA CAUTIOUS optimism pervades the British and European banking system at the start of 2014. The incoming economic recovery is at last improving customers’ creditworthiness, while the hard work running down [...]
Apple stock set to jump as US markets open December 23, 2013 Tech giant Apple is set to be greeted with approval by investors this afternoon. As US markets open at 2.30pm Apple shares could jump by four per cent on news that the company has agreed a tie-up with Chinese state-owned network China Mobile. The network has more than 750m subscribers – while the entire population [...]
What the other papers say this morning – 20 December 2013 December 19, 2013 FINANCIAL TIME Taper pressures emerging markets Markets soured on the day after the US Federal Reserve’s dramatic tapering of its asset purchases from $85bn to $75bn per month as the dollar climbed and vulnerable emerging markets came under pressure. The taper heralded a new era of dollar strength, with the US currency up by 0.6 [...]
Any Other Business – 20/12 December 19, 2013 Need help getting home after that Xmas party? Apple announced its top apps of 2013 this week and one of the editor’s picks was London-born travel app Citymapper. For those who haven’t already used the app – it takes your destination and gives a range of options for getting there. For giggles, it also includes [...]
What the other papers say this morning – 17 December 2013 December 16, 2013 FINANCIAL TIMES US judge ruling on NSA surveillance The National Security Agency’s surveillance methods have suffered a significant legal setback after a federal judge ruled yesterday that a programme that collects bulk phone records was likely to be unconstitutional. In an often scathing ruling about the activities of the NSA, the court said the programme [...]
UK division of Leica sees slower sales despite new camera launch December 13, 2013 THE UK division of Leica Cameras, the iconic camera brand used by celebrated photographer Henri Cartier-Bresson, reported a slowdown in sales last year despite rolling out a new flagship camera. Leica Camera, which is owned by German parent company Leica AG and distributes cameras in the UK, reported a 12 per cent dip in turnover [...]