Kobo battles for market share with tablet and e-reader launch September 6, 2012 KOBO is launching a new tablet device and a more compact e-reader as it seeks to expand its market share and battle with Apple and Amazon.com in the ultra-competitive mobile device marketplace. Toronto-based Kobo, owned by Rakuten, Japan’s top e-commerce operator, will launch the new devices in the next two months, as Amazon – the [...]
Shares in Nokia slump as it cuts price of phones September 6, 2012 LOSS-MAKING Nokia has slashed prices of its older smartphone models using Microsoft Windows software, industry sources said yesterday, a day after investors gave its latest Lumia phones a rapid thumbs-down. Two industry source said that the Finnish group, which is struggling to recoup ground lost to its rivals, cut the price of its mid-range Lumia [...]
Without You struggles with London life September 6, 2012 THEATRE WITHOUT YOU Menier Chocolate Factory | By Cathy Adams *** SOME PLAYS belong in London, some don’t. The Globe, for example, plonked in any other city would probably be dismissed as some backdoor village-hall-production-cum-barn-dance. American megaplay Rent, basically La Bohème with an extra injection of HIV, couldn’t exist in any other city apart from New [...]
FTSE underperforms as BP weighs on a market awaiting Europe news September 5, 2012 BRITAIN’S benchmark share index fell to its lowest level in more than a month yesterday, underperforming gains on rival European stock markets, as BP slumped after the 2010 Gulf of Mexico oil spill returned to haunt the energy company. Nerves ahead of a European Central Bank meeting today, with the ECB under increasing pressure to [...]
Tablet market hots up September 5, 2012 A resurgent Microsoft hopes a new range of devices running Windows 8 will succeed where Google has failed and shake up a tablet industry dominated by Apple. Here are some of the players hoping to steal the iPad’s limelight. Sony Vaio Duo 11 The Vaio Duo 11 is a flippy, foldy, deckchair-like device with a [...]
FBI deny Apple ID hack claims September 4, 2012 THE FBI last night denied claims from hacking group Anonymous that hackers had infiltrated an FBI agent’s laptop and lifted a file with identification numbers for more than 12m Apple products. An Anonymous affiliate called AntiSec posted a file on the web on Monday that it said contained more than 1m Apple ID numbers taken [...]
US markets await action in Eurozone September 4, 2012 THE S&P 500 and the Dow Jones industrial average closed slightly lower yesterday as investors continued to await clarity on European Central Bank plans to shore up heavily indebted countries, but the market ended off its lows on a rally in Apple shares. The Dow Jones was down 54.90 points, or 0.42 per cent, at [...]
A punch drunk for Russo-love September 3, 2012 City A.M.’s resident cocktail expert THANKFULLY, long gone are the days when people in the capital sucked on sickening Piña Coladas. No half-decent bar would dare put one on the menu. And we have one man to thank for this: Dick Bradsell. Bradsell is the inventor of some modern classics. The Bramble – a delicious [...]
Samsung triumphs over Apple in Japan patent case August 31, 2012 A Tokyo court ruled today that Samsung’s mobile devices did not violate an Apple patent involved in synching mobile devices and computers, awarding the South Korean maker a victory a week after it lost a bruising landmark patent case in the United States. In rejecting Apple’s suit, Tokyo District Court Judge Tamotsu Shoji said Samsung’s [...]
What the other papers say this morning August 30, 2012 FINANCIAL TIMES Downing Street could ease IPO rules Fast-growing technology companies would be allowed to float as little as 10 per cent of their business on the London Stock Exchange under proposals being weighed up by Downing Street. High quality global journalism requires investment. Senior figures in the government have given their backing to the [...]