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  • Rolex wins title of consumer superbrand for a second year

    February 24, 2013

    LUXURY watch-maker Rolex has come top of an annual chart of consumer “superbrands” for the second year running, leaving Apple and Microsoft trailing in second and third place, a poll published today shows. The iPad and iPhone-maker jumped 16 places to clinch second place, missing out on the top spot to Rolex. Over 2,900 British [...]

  • Huawei reveals world’s fastest mobile phone

    February 24, 2013

    SAMSUNG and Huawei yesterday became the first in a slew of electronics companies to showcase their latest technology at this year’s international mobile trade show. Mobile World Congress – the industry’s week-long jamboree that officially kicks off this morning – will see some of the biggest players in the market promoting new wares, as well [...]

  • New competition from the East

    February 24, 2013

    HAZARD a guess which company is now the world’s third-biggest seller of smartphones, behind the obvious frontrunners Apple and Samsung. You might think of Nokia, BlackBerry or Motorola. But none of these three even appears in the world’s top five smartphone sellers, according to research from Gartner. It is Huawei, a Chinese company best known [...]

  • Firefox squares up to Google and Apple with new mobile platform

    February 24, 2013

    MOZILLA, the organisation behind the Firefox web browser, has launched its own smartphone operating system, a move that will challenge Google’s Android software. The Firefox mobile operating system, targeted at smartphones that sell for £100 or less, will feature on devices made by Alcatel, LG and ZTE, with apps that run on HTML 5 – [...]

  • Wall Street on edge over talk of end to QE

    February 24, 2013

    US investors face another Washington-imposed deadline on government spending cuts this week, but the cut-off not generating the same level of fear as two months ago when the “fiscal cliff” loomed large. Investors in sectors most likely to be affected by the cuts, like defence, seem untroubled that the budget talks could send stocks tumbling. [...]

  • Einhorn pleads with investors on Apple vote

    February 22, 2013

    BILLIONAIRE investor David Einhorn yesterday pleaded with fellow Apple shareholders to vote against the iPhone maker’s proposals to change its corporate practice. Einhorn’s Greenlight Capital hedge fund, which owns around $600m (£394m) in Apple shares, laid out proposals that would see billions of dollars returned to shareholders. Einhorn said that despite the company’s history of [...]

  • Apple supplier freezes hiring

    February 21, 2013

    APPLE’s major supplier, Chinese company Foxconn, has frozen recruitment at its factories, suggesting a slowdown in demand for the iPhone. The news sent shares in the US company down 2.4 per cent yesterday, despite research showing that both the iPhone 5 and its predecessor, the 4S, had outsold rival Samsung’s Galaxy S3 during the final [...]

  • Einhorn could win Apple suit

    February 19, 2013

    A US judge said yesterday that David Einhorn’s hedge fund had shown a “likelihood of success” if his legal attack against Apple goes forward, though he made no immediate ruling on whether to block next week’s shareholder vote on a proxy proposal. Einhorn wants to stop a vote on one of Apple’s shareholder proposals, which [...]

  • HTC launches high-end phone in effort to take on Samsung

    February 19, 2013

    HTC has unveiled its new flagship handset in a bid to claw back market share from rivals. The Taiwanese firm yesterday launched its HTC One device, promising a host of new features it hopes will attract customers who have abandoned the company for smartphones made by Apple and Samsung. Chief executive Peter Chou, unveiling the [...]

  • Why some businesses will fail to see the writing on the wall

    February 17, 2013

    IMAGINE you invent the pen in a world of only pencils. You are so excited – you are going to change people’s lives! Pens are easier to write with, easier to read, and don’t need sharpening. You dream of success. Mixed in with your excitement is a dose of paranoia. Of course, anyone could steal [...]

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