Apple boss says he is intensely interested in TV May 30, 2012 APPLE chief executive Tim Cook said technology for televisions was of “intense interest” yesterday but stressed the company’s efforts would unfold gradually amid speculation the iPad and iPhone maker was on the brink of unveiling a revolutionary iTV. Industry insiders and executives say Apple may unveil a TV-based device in late 2012 or 2013 that [...]
JP Morgan US trust issues 1.2m shares May 30, 2012 JP MORGAN American Investment Trust plans to test the appetite of the market by issuing nearly 1.2m new shares. The trust, run by Garrett Fish, will issue up to 1.19m new ordinary shares to professional investors at a price to be announced today and at a premium of at least 1.5 per cent to net asset value. [...]
TECH NEWS May 30, 2012 New poker app lands on Android and iOS A new app from PokerStars will let you show off you silky card skills – or give your cash to strangers – on the go. The slick app, which is available on iOS and Android, is easy to use and fiendishly playable. Former pro Victoria Coren played [...]
BlackBerry maker hires banks to explore options May 29, 2012 Troubled technology firm Research in Motion (RIM) opened the door to a sale or break-up yesterday after appointing bankers to help carry out a review. The struggling BlackBerry maker has hired JP Morgan and Royal Bank of Canada as it said it could post a first quarter operating loss. The bankers have been asked to [...]
Galaxy S III hits UK stores with new music app May 29, 2012 SAMSUNG yesterday turned up the heat in its battle with Apple by launching a mobile music service to rival iTunes. Its new Music Hub song service is available on the new Samsung Galaxy S III, which hit UK shelves yesterday. The free Music Hub Store offers a 19m-strong song catalogue from which users can buy music or [...]
Profits drop at Apple’s cable maker May 29, 2012 Profits fell for cable maker Volex as consumer electronics giant Apple, its biggest client, pushed for “greener” halogen-free cables. Volex, 23 per cent owned by Nat Rothschild, posted a decline of five per cent in annual pre-tax profit to $19.21m but said underlying profits grew by 23 per cent.
Using an iron condor to swoop to trading profits May 28, 2012 USING options strategies can allow investors to take a position on an underlying asset – whatever direction it goes in. Though it might sound like the name of a bad 80s hair metal band, an iron condor is an options trading strategy that involves buying and holding four different options and taking advantage of their [...]
Ex-Dixons boss lands £36m for joining Apple May 27, 2012 JOHN BROWETT, the former boss of Dixons, is to receive a $56m (£36m) golden hello from Apple for taking charge of the tech giant’s network of stores around the world. Browett, who has been at the helm of the struggling British electronics group since 2007, moved to California last month after he was poached by [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 23, 2012 FINANCIAL TIMES Web pioneer sues over iTunes A General Electric-owned company is squaring up to Apple in a Pennsylvania courtroom over whether its patents were infringed when Apple launched its iTunes platform. The case, which pits two of the US’s biggest companies against each other, is the latest in a string of high-profile patent disputes involving technology [...]
RIM loses head of global sales May 23, 2012 THE head of global sales at Research In Motion has left to take on a leadership role in another industry, the BlackBerry maker said last night. London-based Patrick Spence was a 14 year company veteran widely considered a rising star for RIM. He was promoted to the global sales role in July last year after [...]