EU mobile boss wants to slash Ofcom powers February 26, 2013 THE EU’s top telecoms official has outlined plans for a unified European mobile market, a move that would boost cross-border giants such as Vodafone and reduce the power of UK communications regulator Ofcom. Speaking at the industry’s annual forum, Mobile World Congress, EU data commissioner Neelie Kroes said Europe was “falling behind” the US as [...]
ARM chips overtake Intel in tablets and PCs February 26, 2013 THE BOOM in demand for tablets may see British microchip designer ARM Holdings overtake US behemoth Intel in combined sales of tablet and personal computer chips for the first time. Ian Drew, the Cambridge based company’s head of marketing and business development told City A.M. that this year more tablets and PCs will be sold [...]
Samsung Galaxy S4 set for March February 25, 2013 Samsung has announced that its latest high-end smartphone, the Galaxy S4 will be unveiled on 14 March. The Korean firm’s Galaxy S range has been the biggest challenger to Apple’s iPhone, with the previous S3 model selling more than 40m units.
What the other papers say this morning February 25, 2013 FINANCIAL TIMES Captain Magic conjures hedge launch The glory days of the hedge fund launch may not be entirely over. Raffaele Costa, a flamboyant former GLG partner and self-styled “Captain Magic”, will this week unveil the first fund at his new firm Tyndaris, in what will be one of the boldest start-ups since 2008. Merkel [...]
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 [...]