Intel on track to launch new tablet chips November 1, 2010 Intel is on track to launch an improved chip platform aimed at the fast-expanding tablet market, where so far it has trailed nimble competitors that specialise in cheap low-power processors. Code-named Oak Trail and due to begin shipping in early 2011, the chips have much-improved energy efficiency and hold their own compared to processors made [...]
Apple under pressure to make a big money deal November 1, 2010 APPLE has $51bn (£32bn) burning a hole in its very deep pockets. This has led to rumours it is about to buy anything from a small European nation (possibly Belgium) to a terracotta army fashioned in the image of its iconic leader Steve Jobs. Most persistent, though are the whispers that it is fallen Japanese [...]
Apple sues Motorola October 31, 2010 Apple yesterday launched legal action against rival Motorola, claiming the Droid smartphone maker infringes on three iPhone patents. Cupertino, California-based Apple says Motorola is purposefully using its touchscreen software, as well as other display technologies. The suit comes after Motorola sued Apple in Delaware court earlier this month, asking a judge to declare it is [...]
Microsoft sees its profits double as Xbox sales rise October 28, 2010 MICROSOFT reported a higher-than-expected jump in first quarter profits of 51 per cent yesterday, helped by increased sales of its flagship Windows and Office software and the launch of the latest blockbuster Halo video game. The world’s largest software company posted profits of $5.41bn (£3.4bn), or 62 cents per share, in the three months to [...]
Demand for HD television buoys Pace October 28, 2010 Pace, the world’s largest set-top box maker, has managed to maintain the blistering rate of sales it set in the wake of the World Cup. Demand for its high-definition services continues to rocket, solidifying the firm’s position at the top of the market, ahead of bitter rival Motorola. The UK-based firm now says it is [...]
Motorola in the black for first time in three years October 28, 2010 Motorola made money from its phones for the first time in more than three years in the third quarter, helped by smartphones running Google Android software. Motorola’s total third-quarter profit rose to $109m (£68.4m), or five cents per share, from $12m , or one cent per share, a year earlier. Revenue rose six per cent [...]
AZ Electronic to all but double IPO stock on offer October 27, 2010 AZ Electronic Materials is set to hike the amount it will raise in its London listing. The specialist technology company, led by boss Geoff Wild, which produces chemicals used in Apple’s iPad and iPhone, was planning to offer $400m (£254m) of new shares and $100m of existing stock. However, this will now rise to $490 [...]
Google and Carphone in mobile deal October 25, 2010 THE SECOND Google-branded mobile phone will hit the UK in time for Christmas through an exclusive deal with Carphone Warehouse, City A.M. has learned. Its predecessor, the Nexus One, is the flagship device for the search giant, which is desperately trying to wrest market share from Apple’s iPhone. The deal with Carphone represents a major [...]
Defensive luxury October 24, 2010 DESPITE talk of a flight to quality, received wisdom tells us that consumers should cut back on fripperies in hard times. Yet luxury firms of all hues are doing remarkably well. Take Apple, the tech giant that only sells high-end products: it has continued to post ever-rising profits and revenues throughout the recession, smashing its [...]
Apple cuts out Adobe Flash October 24, 2010 Apple has said it will no longer ship Mac computers with Adobe Systems’ Flash player pre-installed, as the company continues to erect barriers to the software. Apple’s decision does not ban Flash software from its computers – as it has from the iPhone and iPad. Users will still be able to download and install a [...]