And they’re off: Royal Ascot racegoers put on a patriotic show as iconic horse racing meet gets underway
Seoul court rules Samsung didn’t violate Apple design August 24, 2012 Samsung’s flagship Galaxy smartphone looks very similar to Apple’s iPhone, but the South Korean firm has not violated the iPhone design, a Seoul court ruled today. The South Korean ruling comes as the two technology titans are locked in a high-stakes global patent battle that mirrors a fierce rivalry for industry supremacy between two companies [...]
Californian jurors get to work in Apple and Samsung case August 23, 2012 Nine jurors began deliberating today in Apple’s high stakes patent lawsuit against Samsung Electronics, a process that could take several days due to the complex legal issues in play. The trial began late last month in a San Jose, California federal court, just miles from Apple’s headquarters in Cupertino. Apple accuses Samsung of copying the [...]
What the other papers say this morning August 22, 2012 FINANCIAL TIMES Firms to disclose government fees Oil and mining groups with US listings will have to disclose payments to foreign governments afte US regulators rejected most of the industry’s efforts to water down new rules intended to combat corruption. It will affect firms such as ExxonMobil, BP and Rio Tinto and oblige manufacturers such as [...]
Why tablets, like me, are finished August 22, 2012 Last night I dreamt the tablet was dead. The entire industry – the jobs, the billions of dollars spent on R&D, the network of subsidiary industries that suckle from its teat like a litter of helpless electronic piglets – was rendered instantly, completely, hopelessly obsolete. Microsoft had abandoned the Surface (its tablet, rather than the [...]
Dell’s outlook disappoints and PC market falters August 22, 2012 Dell warned of a challenging second half and slashed its full-year earnings outlook as customers cut back on computer purchases ahead of the launch of Microsoft’s Windows 8 software, sending its shares down more than four per cent. Dell – once the world’s top PC maker and a pioneer in computer supply chain management – [...]
For better or worse: 28-year-old wife steals Asil Nadir’s spotlight August 21, 2012 NOT much is known about how Polly Peck International founder Asil Nadir spent his 17-year exile in northern Cyprus. But one thing’s for sure – he wasted no time in wooing his wife Nur, who’s been a constant presence at the Old Bailey this week during her husband’s trial for theft. According to reports, Asil [...]
Apple’s market value exceeds Microsoft during 1999 bubble August 21, 2012 Apple market value has climbed past $623bn (£396bn), surpassing the record set by Microsoft during the heyday of technology stocks in 1999. Apple shares rose 2.6 per cent, bringing its gains this month to almost nine per cent as Wall Street bets on the 12 September rollout of the latest version of the iPhone, the [...]
Apple now most valuable firm August 20, 2012 Apple became the most valuable public company of all time yesterday, breaking a 13-year record as speculation mounted about new versions of its iPhone and iPad as well as a set-top box to deliver live TV. The Californian firm reached a market capitalisation of $623.5bn in trading yesterday, overtaking the $618bn Microsoft hit in 1999. [...]
Wall Street flat after six week rallying boom August 20, 2012 US stocks were flat yesterday, on signs of fatigue after a six-week run of gains, as the European Central Bank quelled speculation about the form of market intervention that may be taken to stem the region’s debt crisis. Despite the lethargic trading, Apple shares hit a new high, becoming the most valuable public company of [...]
Samsung and Apple prepare for trial D-day August 19, 2012 APPLE and Samsung are this week due to find out the result of the US patent infringement trial that could have significant implications for the two tech giants and the wider mobile phone industry, after the two firms failed to carve out a deal at the weekend. The California jury will now decide the result [...]