Bottom Line: Watsa’s bite of rotten fruit may be too big September 23, 2013 IT SHOULD have been obvious. Six weeks ago, as Blackberry launched a strategic review, Prem Watsa stepped down from the board. The Fairfax chief executive cited conflicts of interest, but said his investment firm had no intention of selling its shares. Yesterday he made good on that promise – and then some – offering $9 [...]
Microsoft unveils revamped Surface 2 following poor sales September 23, 2013 MICROSOFT yesterday unveiled faster, more powerful versions of its Surface tablet computer in an effort to boost poor sales of its flagship hardware product and mount a stronger challenge to Apple’s iPad. In a move criticised by many analysts, the company showed off the revamped devices that come less than a year after it brought [...]
Apple announces nine million iPhones sold in first week September 23, 2013 Apple has announced that it has sold nine million new iPhones since their Friday release (release). Apple also say that 200m users are now running the latest iteration of Apple's mobile operating system – iOS 7. “This is our best iPhone launch yet―more than nine million new iPhones sold―a new record for first weekend sales,” [...]
Blackberry pulls BBM app launch September 22, 2013 BLACKBERRY suffered yet another setback over the weekend with the launch of its mobile messaging platform BBM on rival iOS and Android platforms. The app was unceremoniously pulled from the respective online stores just hours after it launched yesterday morning. The company said 1.1m users had downloaded the app in the hours after it launched, [...]
Bottom Line: Bailing out a sinking ship September 22, 2013 BLACKBERRY’S turnaround is seeming less and less likely. Hardly a day passes without news of mounting losses or staff cuts at the struggling Canadian firm. Gil Amelio, Apple’s chief executive during the company’s struggles in the early 90s, once said, “Apple is like a ship with a hole in the bottom leaking water, and my [...]
Lib Dem lines to take for interviews – in full September 19, 2013 The Lib Dems appear to have given journalists their full lines to take for every interview: Five things to remember for every interview This conference sees the party in a confident mood We have a strong record of achievement in Government Our priorities are jobs and easing the squeeze on household budgets Labour cannot be [...]
Google founds a new company to battle age-related illnesses September 18, 2013 GOOGLE plans to set up a new company called Calico, headed by Apple and Genentech chairman Art Levinson, to develop technologies to tackle health issues related to aging. The new company will be run separately from Google, the world’s largest internet search company, with a focus on issues including life-threatening diseases and problems affecting mental [...]
Apple’s update brings a whole new design September 18, 2013 APPLE last night released iOS 7, the biggest update to its iOS iPhone and iPad operating system since they launched in 2008. The new software brings a whole new look and feel to Apple’s mobile devices and comes with over 200 new features. Improvements include quick access to key settings through the so-called control centre, [...]
Sharp is back on track as it hikes forecasts and plots fundraising September 18, 2013 JAPANESE electronics group Sharp said yesterday it will raise more than £1bn in share sales, marking a step forward in the TV and display maker’s turnaround. The company also raised its business forecasts as a reviving stock market aided its revival. The supplier of panels for Apple’s smartphones is clawing its way back to health [...]
iOS7: Need to know September 18, 2013 LAST week, the world was abuzz with the unveiling of Apple’s iPhone 5S and 5C.If you’ve been sitting in a queue for one since Monday, you’ll know that the new models – out tomorrow – come preloaded with Apple’s newest mobile operating system iOS7.If you’ve been sitting on your sofa with a cup of tea [...]