Motorola in EC probe for billing Apple and Microsoft too much April 3, 2012 EU regulators are investigating whether phone maker Motorola Mobility breached antitrust rules by allegedly over-charging Microsoft and Apple for use of its patents in their products, the European Commission said yesterday. The EU regulator said it had opened two investigations into Motorola Mobility based on Microsoft’s and Apple’s grievances. The commission will investigate whether Motorola [...]
FOOD & DRINK NEWS April 3, 2012 Wine website launches Lot 18, a groovy members’ only wine website stocking everything from Château Pontet-Canet Pauillac 1995 to Francis Ford Coppola’s Inglenook Rubicon Estate Blancaneaux 2009, has recently launched in the UK. If you fancy access to wines that are a little harder to find, at good prices for a limited period, it’s probably [...]
S&P starts the quarter on a four-year high April 2, 2012 US stocks started the second quarter with a bang yesterday, with the S&P 500 climbing to a fresh four-year high as manufacturing data from the United States and China helped support the outlook for economic growth. A string of mixed indicators in recent days slowed the stock market’s advance, as investors took the figures as [...]
FOXCONN GIVING WORKERS A RAISE April 1, 2012 FOXCONN Technology Group will keep on increasing worker salaries in China and cutting the hours of work, chairman Terry Gou said yesterday. Foxconn has come under fire for poor working conditions for employees making Apple iPhones and iPads. Foxconn is building manufacturing facilities in Hainan, as well as expanding its operations in Brazil.
Advertising on mobile proving better than PC April 1, 2012 ADVERTISING on mobile devices is overtaking the success of using desktop computers for marketing, with the UK leading the charge in Europe according to a report from Marin Software, published this morning. Some 15.1 per cent of Google’s paid clicks in the UK in December came from adverts on smartphone and tablets – a 280 [...]
Apple to improve worker conditions March 29, 2012 In a landmark development for the way Western companies do business in China, Apple said yesterday it had agreed to work with partner Foxconn – which makes Apple devices – to tackle wage and working condition violations at the factories that produce its popular products. The move comes in response to one of the largest [...]
The UK’s oldest tour operator is still stuck in the past March 28, 2012 DISASTER has been averted. Just a few months ago, many thought that Thomas Cook was not long for this world. After yesterday’s update, it is clear the firm will live to fight another day. The imminent sale of its Indian business, which is expected to net £130m, along with a stabilisation in trading, means its debt repayments [...]
Employees and customers are primed for video: Be prepared March 28, 2012 1 IF A COMPANY DOES NOT CURRENTLY USE VIDEO, IS THIS A TREND THEY CAN IGNORE? Over 4bn YouTube videos are viewed every day, and 60 hours of video are uploaded to YouTube every minute. So even if customers are not deploying video for business use, that doesn’t mean their employees are not flooding their [...]
Tim Cook visits China to discuss Apple growth March 27, 2012 APPLE chief executive Tim Cook has met with government officials in Beijing after a turbulent few months for the iPad maker’s Chinese operations. The Cupertino-based company declined to elaborate on details of the visit, which is Cook’s first trip to China since becoming chief executive, but hinted it was looking at expansion in the country. [...]
Apple gains again despite Wall St slide March 27, 2012 US stocks retreated from near four-year peaks yesterday, while a batch of large-cap shares hit new highs, with the help of portfolio managers snapping up top performers near the end of the quarter. With the first quarter ending on Friday, portfolio managers adjusted holdings by buying some of the best performers to dress up their [...]