Tech titans deemed unlikely to spend on film and music January 2, 2013 TECHNOLOGY giants are likely to defy market speculation that they will spend their vast reserves on buying up media rights, according to specialists at professional services firm Deloitte. The likes of Apple and Google, which have plenty of cash at their disposal, have long been expected to use it to snap up content or media [...]
City slicker list cheers beards January 1, 2013 TO usher in a New Year in the City, men’s style bible GQ has compiled a list of 10 best-dressed businessmen for 2013. The Capitalist reckons there will be many City boys out there who fancy themselves as contenders for a spot on the coveted list. But the magazine’s February issue, out tomorrow, has thrown [...]
Kodak patents go for $525m December 19, 2012 KODAK has agreed to sell some of its patents to a group including Google and Apple for $525m (£323m). The bankrupt photography firm is selling the patents in order to pay off its massive debts. However, they reached far less than the $2.6bn that had originally been floated. It is selling around 1,100 patents to [...]
Penguin agrees ebook price deal December 19, 2012 ■ Penguin is the latest book publisher to agree a settlement with US authorities over alleged ebook price fixing. The firm, owned by Pearson, was accused of colluding with Apple and other major publishers. The decision means the likes of Amazon can now discount ebooks.
How to stay cool on the snow December 19, 2012 THE weather’s cold, but you want to spend all day on the slopes, right? Luckily the latest gear will keep you toasty in spite of the elements. And the 2012-13 season includes enough new gadgets to help even novice skiers look like pros – and measure your progress along the way. For a jacket that [...]
Samsung ends Apple lawsuits December 18, 2012 SAMSUNG has shelved a number of legal attempts to have Apple products banned in European countries including Britain. The Korean company announced the move yesterday following a US judge’s refusal to hand down a ban on Samsung devices including its popular Galaxy smartphones. Samsung said that the retreat showed its preference to compete in the [...]
Imagination finally lands chip firm MIPS after bidding frenzy December 17, 2012 BRITISH chip designer Imagination Technologies has finally won the bidding for US-based company MIPS, in a deal that will speed up its entry into the fast-growing processor industry. The company agreed a $100m (£61.7m) price for MIPS yesterday, and bidding rival CEVA said it would not up its offer. The agreed price comes after a [...]
China snaps up iPhone 5s but shares wobble December 17, 2012 APPLE sold more than two million iPhone 5s in China in its first weekend on sale in the country, it emerged yesterday, but the company was knocked by its share price sinking during the day’s trading. Despite the record launch in China, which is expected to become Apple’s biggest market in the near-future, Apple stock [...]
RIM losses set to continue December 16, 2012 RESEARCH in Motion (RIM), the Canadian company that makes BlackBerry smartphones, is expected to reveal another round of losses this Thursday, as it gears up for a make-or-break product launch in January. Consensus forecasts put RIM’s third-quarter losses at $182m (£112.6m) as it continues to lose market share to the likes of Apple. Despite this, [...]
Apple agrees to back down on ebook pricing… December 13, 2012 APPLE and a group of major publishers have backed down over the pricing of ebooks, in a move that could see Amazon set lower prices. The four publishers – Simon & Schuster, HarperCollins, Hachette Livre and Macmillan – as well as the technology giant reached an agreement with European authorities following a competition investigation. The [...]