Samsung is close to deal on Google TV November 22, 2011 Samsung yesterday said it is close to securing a deal to roll out the next generation of Google TV, bolstering the lucrative partnership between the two giants. Both companies have struggled in the sector this year, with Samsung’s meteoric rise in the flatscreen TV market being curtailed by a collapse in demand for expensive consumer [...]
Most smartphone users not keen to buy Nokia November 22, 2011 THE latest wave of the YouGov Smartphone Mobile Internet Experience (SMIX) report has some chilling news for Nokia, as the once dominant Finnish provider has seen its share of expected next smartphone purchase (ie the phone that current smartphone users expect to buy next) drop to four per cent. This compares to Apple on 41 [...]
FOOD & BOOZE NEWS November 21, 2011 WINTER-WONDER COCKTAILS AT CASSIS The bar at Cassis, the popular French bistro in Knightsbridge has launched a new winter menu including a new range of dessert cocktails, perfect for those who would prefer a liquid dessert to one of their renowned Provencal tarts. Guests can choose from Tiramisu or Apple Pie cocktails. For a winter [...]
EBay to open a pop-up shop for Christmas November 17, 2011 ONLINE retailer eBay is to open a Christmas “pop-up” store in London’s busiest shopping district. The store, located on Dean Street – a stone’s throw away from Oxford Street – will not directly sell anything but will feature display models with codes customers can scan with their smartphone if they want to make a purchase. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 16, 2011 FINANCIAL TIMES TRIBUNAL HEARS OF UBS EFFORT TO ROOT OUT ROGUES UBS initiated a root-and-branch review of compliance practices in 2007 following unauthorised trading on its UK wealth management division’s Africa desk, a UK tribunal has heard. The revelation of another incident of rogue trading in London came from the barrister for one of the [...]
Levinson takes Apple job November 15, 2011 Apple yesterday named long-serving director Arthur Levinson as its new chairman, filling a post left vacant by the death of co-founder Steve Jobs. Levinson, chairman of biotechnology giant Genentech, has been on the Apple board since 2000, serving on both its audit and finance committees. Apple’s stock rose more than 2.5 per cent in the [...]
BlackBerry passes 8m UK users November 15, 2011 RIM, the maker of Blackberry smartphones, said its subscriber base in the UK had passed the 8m milestone as it unveiled a new cloud-based music service. Blackberry, once an dispensable executive accessory, has been winning younger subscribers attracted by its BBM messenger service. However its share of the global market has dwindled in the face [...]
Wall Street edges up on retail stats November 15, 2011 US stocks rose yesterday, boosted by swift steps toward formation of a new Italian government and stronger-than-expected reports on the US economy. Stocks sensitive to economic growth led the rally, with technology and industrials the best performers. Apple rose more than 2.5 per cent, up for only the second day in the last eight. But [...]
Buffett secretly bought up a $10bn stake in IBM November 14, 2011 THE SAGE of Omaha has staked his biggest ever bet on the technology sector after amassing at 5.5 per cent stake in IBM worth $10.7bn (£6.71bn). Warren Buffett, one of the most respected and revered investors in the US, has historically shunned the sector on the grounds he does not understand it. However, he said yesterday [...]
Loosen those belts: no diets allowed at City beef-house November 14, 2011 HOW much can one genuflect to the gods of steak? In London these days, the answer is a lot. And when an outlet of Hawksmoor opens up, it’s practically illegal not to sink to one’s knees in praise. And then sink one’s teeth in. You’ve probably already been to Hawksmoor in Spitalfields or Seven Dials. [...]