Wall St rallies on Europe but Apple disappoints after hours October 18, 2011 US stocks surged late in trading yesterday as buyers latched onto another report of agreements to strengthen the euro zone’s rescue fund to bid up stocks aggressively. All three major indexes rose sharply after the Guardian newspaper said France and Germany will increase the euro zone’s rescue fund to €2 trillion as part of a [...]
RAPID RESPONSES October 18, 2011 Innovation first Norman Lewis makes some good points [Steve Jobs was an amazing businessman – but Einstein’s the genius behind the iPod, yesterday] but while pure science is clearly important, many innovations precede the science. We flew long before we knew how, we used electricity long before we understood what it was and we continue [...]
iPhone 4S sales set a new record October 17, 2011 THE iPhone 4S has become the fastest selling mobile device ever, despite initial scepticism, shifting more than 4m units in just three days. The handset more than doubled the record set by iPhone 4 last year, instantly entering the list of all-time fastest selling gadgets. It is now vying with Microsoft’s Xbox Kinect – which sold [...]
Capitalists: the real revolutionaries October 17, 2011 ONCE again, Apple, the world’s most successful company, has pulled it off: it has sold 1m of its latest iPhone in its first 24 hours, smashing all the records. But this statistic should be of interest to more than tech geeks: it says a lot about how fast economies can evolve, especially in times of [...]
Microsoft flashes cash to promote WP7 October 17, 2011 MICROSOFT will hand £28m to Nokia and Samsung to spend marketing handsets running the latest version of its Windows Phone mobile software. The move is Microsoft’s latest attempt by to force its way into the smartphone market, with Windows Phone 7 (WP7) languishing in an industry increasingly dominated by Google’s Android and Apple’s iOS. It [...]
Steve Jobs was an amazing businessman – but Einstein’s the genius behind the iPod October 17, 2011 THE recent death of Steve Jobs is a timely moment to step back and reconsider what innovation is really for. Reading the obituaries and testimonies posted across the internet, you would not be alone in assuming that Saint Jobs had cured the world of cancer and is now in heaven, reconfiguring God’s messaging system from [...]
BlackBerry brand seriously hurt by outages, according to our panel October 16, 2011 THE BlackBerry brand has been seriously damaged by the recent outages that left users with no data services for three working days, according to the City A.M. / PoliticsHome Voice of the City Panel. More than half of the 355 people surveyed said it will take longer than six months for BlackBerry to restore its [...]
The quiet diplomat who is fighting on behalf of the real squeezed middle October 16, 2011 IT is always hard to fill someone else’s shoes, especially if they belong to a larger-than-life figure such as Lord Digby Jones or Sir Richard Lambert. That was the position that John Cridland found himself in when he took the reins at the CBI just under a year ago. The mild-mannered, softly spoken 50-year old [...]
G20 and US earnings set to be positive catalysts October 16, 2011 AREVIVAL in hopes that the Eurozone crisis can and will be contained will continue to spur stocks higher this morning. The mood of the market certainly seems to be leaning towards the positive, and that will likely be reinforced by news from Paris at the weekend that the G20 have agreed that the IMF should [...]
A journey to the promised land of New World wine October 16, 2011 It was a few years ago, on an evening near Christmas in a neon-lit office boardroom, that I set my heart on South African wine. Until that night, I’d floundered when faced with supermarket wine sections and restaurant lists. Nothing tasted worth the money. And yet wine played an almost daily role in my life. [...]