Microsoft looks at Office 2013 to drive sales July 16, 2012 MICROSOFT last night unveiled a new version of Office, its flagship software suite, in an attempt to drive usage of its upcoming Windows 8 operating system and Surface tablets. The technology giant’s chief executive Steve Ballmer, called it “the most ambitious release of Office we’ve ever done” at yesterday’s press conference in San Francisco. The [...]
RIM pledges to appeal $147.2m damages order July 15, 2012 BLACKBERRY maker Research in Motion (RIM) has said it will fight an order to pay $147.2m (£94.6m) in damages for using patented technology in its smartphones. RIM was last week ordered to pay software firm Mformation Technologies the fee – $8 for each of the 18.4m BlackBerrys sold in the US since claims were filed [...]
Nokia slashes smartphone price July 15, 2012 Nokia has cut the US price of its flagship smartphone in half, barely three months after its launch, in an effort to staunch losses in market share to rivals such as Apple and Samsung Electronics. The cost of the Lumia 900 Windows phone has been reduced to $49.99 from $99 with a two-year agreement, Nokia [...]
The whole City must work to rebuild the trust destroyed by a rotten few July 15, 2012 AFTER weeks of problems in the banking sector making front pages, it’s time we start taking steps to move business back to where it belongs: the business sections of our papers (though that would, of course, be hard in the case of this newspaper). Reputation matters and it’s the driving force behind any good business. [...]
RIM faces angry shareholders at tense meeting July 10, 2012 BLACKBERRY maker Research in Motion (RIM) executives were grilled by angry shareholders yesterday at the troubled firm’s annual meeting. Chief executive Thorsten Heins and the Canadian firm’s board were quizzed about the delayed arrival of the next generation of BlackBerry smartphones, while the competency of Heins and the board was called into question. One shareholder [...]
Nokia continues to crumble July 10, 2012 Troubled phone maker Nokia hurtled along its downwards tumble yesterday as it shares sank a further three per cent to a 17 year low. The Finnish company, which once dominated the mobile phone market, has failed to keep up with newer offerings from smartphone giants Apple and Samsung and posted in April a €1.34bn (£1bn) [...]
Samsung wins Apple battle by not being cool July 9, 2012 SAMSUNG Electronics defeated Apple in the latest spat in the rivals’ patent wars yesterday as a British judge ruled Samsung’s Galaxy tablets did not infringe the U.S company’s designs for the iPad because they were “not as cool”. In the High Court judgment Judge Colin Birss said that Samsung’s Galaxy tablets belonged to the same [...]
Samsung forecasts profit surge July 6, 2012 Samsung said it expects to see a profit surge of 79 per cent in the second quarter of 2012 due to the new Galaxy range of smartphones. The firm has predicted an operating profit of 6.7 trillion won (£3.5 bn) for the three-month period, the highest since 2008. Whilst overtaking Nokia as the world’s biggest [...]
Wall St edges lower ahead of non-farm data July 5, 2012 US stocks edged lower yesterday as economic stimulus measures by major central banks failed to excite investors before a US jobs report expected to show tepid growth. After the S&P 500 index’s strongest three-day run this year, investors stepped back, leaving the broad index and the Dow modestly lower and the Nasdaq essentially flat. Trading [...]
Mini iPad eyed by Apple as it loses HTC battle July 4, 2012 US technology giant Apple yesterday lost a key London court ruling against Taiwan’s HTC, just as reports emerged that its hotly anticipated smaller and cheaper iPad would be on sale by the end of the year. The production of Apple’s latest iPad is already under way, according to the Wall Street Journal. The new model [...]