Samsung to bounce back with new Note phablet August 29, 2012 Samsung unveils the second generation of its popular Galaxy Note phone-cum-tablet at Europe’s biggest electronics show in Berlin later today, as the South Korean firm comes under pressure to innovate after losing a US patent battle with Apple. A US federal jury last week found Samsung had copied critical features of the iPhone and awarded [...]
Samsung’s loss is Nokia’s gain after Apple win August 27, 2012 NOKIA shares hit their highest point in more than four months yesterday on suggestions the Finnish phone manufacturer could be the biggest winner from Apple’s court victory over Samsung last week, while the Korean firm’s value plummeted. Analysts said that Nokia – which teamed up with Microsoft last year to launch a range of handsets [...]
The Capitalist August 27, 2012 ■ With the Paralympics set to open tomorrow The Capitalist is looking forward to falling into the grip of sports obsession once again. But if you’re still reminiscing about Team GB’s Olympic glories, and want to give some money to a good cause, have a look at the Mayor’s Fund for London auction. For City [...]
Apple on a high after court win August 27, 2012 US stocks were barely changed in light volume yesterday as investors waited for signs from central banks about stimulating the weak economy, though Apple’s shares hit a record high after a major court victory. Apple rose two per cent to $676.56 after the iPad maker won a $1bn judgment in a patent lawsuit against Samsung [...]
The glistening appeal of precious metals returns August 27, 2012 SENIOR MARKET STRATEGIST, GFT UP UNTIL last week, gold and silver – like a Parisian in August – appeared to have shut up shop for the summer. In contrast, equity markets had pushed higher in a low volume melt-up that brought the Dow and S&P 500 up to levels last seen in December 2007. Even [...]
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 – [...]