Nokia sells Qt software and 500 patents August 9, 2012 STRUGGLING cellphone giant Nokia said yesterday it will sell some 500 wireless patents to US firm Vringo and divest its Qt software business to Finnish IT services firm Digia Oyj to bolster its fast-shrinking cash reserves. Nokia is fighting for survival after losing out in the smartphone war to Apple and Samsung. The world’s second-largest [...]
Apple smashes its retro telly August 8, 2012 So, that nice little icon with a retro telly you can see on the home screen of your iPhone? Yeah, that’s not going to be there for long. Apple has stepped up its feud with Google by removing its native support for YouTube in the next version of its mobile operating system. How much is [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 6, 2012 FINANCIAL TIMES Facebook gambles on real cash with bingo app Facebook is venturing into the world of online gambling with the launch of its first application where punters can take a stake on real money. Starting today, Facebook will offer users in the UK aged 18 and over the opportunity to play online bingo for [...]
Samsung is on top for mobile sales in Europe August 6, 2012 SAMSUNG has become the dominant player in Europe’s mobile phone market, grabbing almost half of sales in the last three months, according to data from market research firm Kantar Worldpanel ComTech. The Korean firm’s sales have been buoyed by the release of its flagship Galaxy S3 handset and the increasing popularity of Google’s Android software, [...]
Sony forced to trim forecasts as demand for its devices plunges August 2, 2012 SONY yesterday slashed its forecast for 2012/13 operating profit and lowered its sales expectations for key products including its handheld PSP and PS Vita devices as new boss Kazuo Hirai battles to revive the fortunes of the electronics giant. Sony reported yesterday that operating profit for April to June fell a much steeper-than-expected 77 per [...]
Amazon launches iPad streaming August 1, 2012 Amazon.com launched a video application for Apple’s iPad yesterday, in its latest effort to get its digital content on as many gadgets as possible. The Instant Video app lets users stream or download movies and TV shows bought or rented from Amazon on their iPads.
Happy birthday to the Commodore 64 August 1, 2012 MITS ALTAIR 8800 The first home computers came as build-it-yourself kits, led by the MITS Altair 8800, launched in 1975. The technology, which was later sold as an assembled unit, was the inspiration for future PCs. APPLE II The Apple I had already been released as a kit computer but the Apple II was where [...]
Apple stock split rumours mount July 31, 2012 Shares in Apple yesterday rose 2.6 per cent – their biggest jump in two months – on rumours the company could split its stock and list on the Dow Jones. Research firm Bernstein said Apple is considering the move following its recent decision to pay a dividend. The 30-member Dow Jones index has not been [...]
US stocks take a breath ahead of Fed meeting July 31, 2012 US stocks fell yesterday with traders’ sights set again on today’s Federal Reserve statement on the economy and a possible new round of stimulus. The Nasdaq, which underperformed on Monday, was the smallest decliner among the three major US stock indexes in yesterday’s session, thanks in part to Apple shares’ gain of 2.6 per cent [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 30, 2012 FIANANCIAL TIMES Blackout in India hits millions A protracted blackout disrupted the lives of an estimated 300m people across northern India yesterday, as the aspiring superpower’s fragile infrastructure added to the woes of a government already struggling to manage a slowing economy, persistent inflation and the failure of monsoon rains. Punk band denies Putin charges [...]