What the other papers say this Morning October 17, 2012 FINANCIAL TIMES Paris steps in over Peugeot unit The French government has been forced to step in with a rescue package for troubled carmaking group PSA Peugeot Citroën’s financing arm, which is threatened with a credit rating downgrade. The government said it will seek a solution “using the French banking system and the support of [...]
Fable: right game, wrong execution October 17, 2012 GAMES FABLE: THE JOURNEY Xbox Kinect * Fable: The Journey is exactly the game Microsoft’s Xbox Kinect needs: a much-loved title that plunges gamers into a familiar environment. The Kinect has shown it can excel in mini “party games” but has, thus far, come up empty on anything grander. It’s a shame, then, that The [...]
A childhood fear of household appliances didn’t put me off the new Dyson October 17, 2012 WHEN I was a child, I was afraid of the tumble dryer. Not an all-consuming phobia – more of a general distrust, as if the offending appliance wasn’t an immediate threat but a vaguely malign presence in the corner of the kitchen. When it rumbled into life I would adopt a low voice like a [...]
What the other papers say this Morning October 16, 2012 FINANCIAL TIMES Apple set to unveil iPad Mini Apple hopes to maintain its dominance in the tablet market despite competition from Microsoft, Google and Amazon with a cheaper, smaller iPad, which is expected to be unveiled next week. The California-based technology group has sent out invitations to a press launch next Tuesday. Months of leaks [...]
Softbank seals Sprint buyout in record for Japan October 15, 2012 JAPANESE telecoms giant Softbank confirmed yesterday it will buy a majority stake in US mobile operator Sprint Nextel in the biggest ever overseas investment from a Japanese firm. Softbank will acquire 70 per cent of the US’s third-biggest mobile operator for $20.1bn (£12.5bn), the firm’s billionaire head Masoyashi Son announced in Tokyo yesterday, standing alongside [...]
Microsoft launches Xbox music service in bid to take on iTunes October 15, 2012 MICROSOFT is launching a new music streaming service in an effort to take on Apple’s iTunes and Swedish startup Spotify, and build up excitement around its new Windows 8 operating system. The company’s Xbox Music offering, which launches today on the Xbox 360 console and later this month on Microsoft’s forthcoming Windows 8 PC, tablet [...]
Lech has all the goodness of the Alps without the crowds October 14, 2012 LECH is what Aspen wants to be when it grows up,” is how I’ve heard Austria’s Alpine region described. Now, I’m no skier (hate the cold and don’t have great balance) but this statement alone made me want to visit Lech. So, full of Olympic fatigue and eager for a change of scenery, I headed [...]
London back on top as best financial city October 11, 2012 LONDON has won back its crown as the best financial city on earth after climbing to the peak of a global ranking of the best places to do business, a heavyweight study showed yesterday. The capital climbed four spots from last year to claim joint first position with New York in a ranking of 27 [...]
Setback for Apple as court throws out injunction on Samsung phone October 11, 2012 A US appeals court yesterday overturned a preliminary injunction on the sale of Samsung’s Galaxy Nexus smartphone, dealing a setback to Apple in its battle against Google’s increasingly popular mobile software. Apple, whose shares fell two per cent yesterday, is waging war on several fronts against Google, whose Android software powers many of Samsung’s devices. [...]
Apple share drop erases market gains October 11, 2012 US stocks ended flat yesterday after gains brought by a sign of improvement in the labor market were erased in part by a drop in Apple shares after a legal setback in a court ruling. Apple fell two per cent to $628.10 after a US appeals court overturned a preliminary injunction on the sale of [...]