Harry Potter and the publishers of fury June 23, 2011 JK ROWLING yesterday delivered a warning shot to the publishing industry that it must adapt to the rapidly-changing online world or risk becoming marginalised. The Harry Potter author revealed she will offer her record-breaking children’s books for download through her own website, circumventing the need to visit digital bookshops like those owned by the likes [...]
Apple gets go-ahead for Nortel auction bid June 23, 2011 US antitrust regulators gave Apple approval to buy certain assets of bankrupt telecom maker Nortel Networks yesterday. Apple joins Google and Ericsson in the fight to snap up 6,000 technology patents and patent applications in an auction starting on Monday. Google has already made a $900m offer.
Imagination grows sales June 22, 2011 APPLE supplier Imagination Technologies saw its stock slip yesterday despite announcing that its revenues hit nearly £100m. The chip designer, which supplies to shareholders Apple and Intel, posted an 80 per cent rise in pre-tax profit after doubling the amount of microprocessors it shipped. It made £24m profits on 21 per cent higher revenues of [...]
ANALYST VIEWS: IS A BITE OF THE APPLE ENOUGH FOR IMAGINATION? June 22, 2011 DANIELA VENTRONE | MATRIX Competition is heating up, leading to market-share losses and average selling price pressure. This is not reflected in market expectations, in our view. Rival ARM’s Mali is seeing important design wins. ALEX JARVIS | PEEL HUNT The fundamental risk factor with Imagination is its market share outlook, where there are more [...]
Nokia boss confirms 2011 release of WP7 June 21, 2011 NOKIA boss Stephen Elop yesterday said he expects the first wave of Windows Phone 7 (WP7) handsets to be released later this year, as revealed by City A.M. earlier this month. Elop said he has “increased confidence” that troubled Nokia will launch its first device based on the platform by the end of 2011, after [...]
HP urges developers to join its app store June 21, 2011 Hewlett-Packard is fighting to persuade more developers to jump on board its app store as it prepares to launch its first tablet PC next month. The world’s biggest computer manufacturer lags far behind market leaders Apple and Google in the booming market. Its online store offers just 7,000 apps, compared to more than 500,000 on [...]
RIM top boss leaves company June 20, 2011 BLACKBERRY maker Research In Motion has lost its second marketing executive in four months, highlighting the difficulties RIM faces in keeping pace with innovative market leader Apple. Brian Wallace, who headed RIM’s digital marketing efforts, has taken a job at Samsung, one of the companies that is stealing RIM’s smartphone market share. The departure brings [...]
Dotcom loses top billing in web shake-up June 20, 2011 THE .com web address suffix that has become synonymous with online activity could lose its prominence after regulators waved through proposals to allow companies to use their own branding instead. The looser regulation will allow firms to use addresses such as www.news.cityam or www.ipad.apple. The changes have been brought in as it becomes increasingly difficult [...]
MAHIKI COCONUT LIQUEUR June 20, 2011 GOODBYE London, Hello Tiki paradise! Mahiki Coconut – the latest new liqueur from London’s hottest nightclub Mahiki – lands exclusively at Selfridges this week and already we’re getting into the holiday spirit. Mahiki Coconut is a delicious coconut liqueur made with a blend of Caribbean Rum, fine spirits and real coconut. (In other words, just [...]
More tech firms vie for Nortel June 19, 2011 Apple, Intel and Ericsson are vying, along with Google, to buy patents from bankrupt telecom maker Nortel Networks in a sale slated for later this month. Nortel announced it was delaying the sale of about 6,000 patents and patent applications until June 27 after the Canadian company said previously it would hold the sale today. [...]