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. [...]
Consumer confidence will hit Dixons and Kesa June 19, 2011 ELECTRICALS giants Dixons and Kesa report their full year results this week against a grim backdrop of dwindling consumer confidence. The companies have seen households cut back on so-called “big ticket” items like washing machines and TVs, leaving them struggling to generate sales. Dixons, to report on Thursday, is in the throes of a £50m [...]
Apple fails to impress Indian brand survey June 19, 2011 APPLE may be greatly admired and widely feted as an uber brand in the UK and US, but a new survey out yesterday concludes that in India it is rated as only 40th in the brand charts. The survey, conducted by marketing consultants TLG, also reveals that Indian brands make up seven of the top [...]
Nokia closes its UK online store June 16, 2011 Nokia will pull the plug on its UK online store as it continues to strip back its operations across Europe. It will not process any payments after 30 June. Nokia’s online stores have struggled to shift phones thanks to the hefty discounts offered when buying through a network operator. Most handsets are available free with [...]
Time for dads to pad up June 15, 2011 IT’S Father’s Day this Sunday, and for the modern dad there’s really only one present this year that’s essential – a tablet, paticularly for modern dads who commute. While the iPad, aided by its improved second edition, continues to storm all quarters, Android pads developed by Apple’s rivals are now seriously competing with it. The [...]
Nokia to take a thin slice out of Apple’s pie June 14, 2011 APPLE has settled an ongoing patent row with troubled phone maker Nokia, with analysts speculating that Steve Jobs’ firm could part with up to two per cent of the price of each iPhone it sells. The terms of the settlement will see Apple pay a one-off sum as well as contributing ongoing royalty fees. Details [...]
Retail figures drive US markets rally June 14, 2011 US stocks posted their biggest gains in nearly two months yesterday as retail sales figures allayed fears over the economy that had driven a six-week slump in the market. Many analysts said the rally was likely a one-day wonder. Though still weak, the retail sales data was not as bad as most had expected, which [...]
The Nasdaq – a good catch in the market for a partner June 14, 2011 THE Nasdaq stock exchange, second only to the New York Stock Exchange (NYSE) in size, was founded in 1971 by the National Association of Securities Dealers. When it began trading on 8 February 1971, Nasdaq (National Association of Securities Dealers Automated Quotations) was the world’s first electronic stock market. It was also the first stock [...]
Biotech stocks are in bloom June 14, 2011 THE Nasdaq stock exchange has long been associated with technology companies, attracting high-profile listings such as Apple and Microsoft at the start of their journeys to global domination. Accordingly, the stocks on the exchange are considered to be more volatile and growth-oriented. While technology stocks continue to dominate the top of the Nasdaq 100 index [...]
TECHNOLOGY STOCKS ARE LOOKING UP AS ALL EYES TURN TO THE CLOUD June 14, 2011 NASDAQ is the second largest exchange in the US and the world, second only to the New York Stock Exchange (NYSE). The Nasdaq is known for technology and was the exchange of choice when technology start-ups were looking to list in the tech boom (and subsequent bubble) of the late 1990s. It has retained its [...]