… As chipmaker ARM plays down bid interest June 10, 2010 Shares in chipmaker ARM jumped 32 per cent to an eight-year high yesterday amid fresh rumours of bid interest from its customer Apple. A spokeswoman for ARM said the chip designer had not received an approach, and said a takeover from Apple is unlikely. ARM has benefited from the launch of the new iPhone and [...]
APPS June 10, 2010 Q. What exactly is an iPhone application and why is it useful? A. An iPhone app is essentially a tiny website that taps into your iPhone’s capabilities such as its GPS, camera or compass. But, unlike a regular website loaded on your phone, an app is built to communicate directly with the available hardware of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 9, 2010 FINANCIAL TIMES BACKLASH OVER INDIAN FLOAT RULES India is facing a growing private sector backlash against a rule change that will lead to a flood of more than $50bn of new shares being listed over three years. There are concerns that the move could damage the country’s stock market and hamper economic growth. The Finance [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 8, 2010 FINANCIAL TIMES GREECE SEEKS INVESTMENTS FROM LIBYA George Papandreou will travel to Libya today for talks with?Muammer Gaddafi on possible investments in Greece as Athens struggles with its debt crisis. The Greek prime minister will discuss potential investments by Libya’s sovereign wealth fund and its state-owned energy groups with the country’s leader, officials said. EMERGING [...]
Operators in a race to offer iPhone deals June 8, 2010 UK operators are queuing up to cash in on Apple’s latest gadget. Within hours of Steve Jobs unveiling the new iPhone 4, UK operators Vodafone and O2 confirmed they will both offer dedicated price plans for the handset. O2 will give its customers a limited special offer to upgrade their existing deals to the new [...]
New iPhone heralds war with Google June 7, 2010 APPLE boss Steve Jobs last night unveiled his “new baby” – the iPhone 4. Jobs said the phone is a complete overhaul of the firm’s hugely successful 3GS phone, claiming it is “beyond a doubt one of the most beautiful things we’ve ever made”. It is made of glass and steel, with an HD screen [...]
Foxconn raises wages again June 7, 2010 Foxconn, the electronics company hit by a string of suicides has raised wages in China – for the second time in less than a week. The firm, which makes Apple’s iPad and iPhone will increase salaries at its Shenzhen plant by nearly 70 per cent from as early as 1 October, if workers meet certain [...]
Wall St falls to seven month low June 7, 2010 US STOCKS fell yesterday, taking the S&P 500 to its lowest close in seven months, as industrials and technology shares fell and investors stayed on their heels after last week’s payrolls figure discouraged buyers. The Nasdaq fared the worst as investors unloaded positions in the most liquid large-cap technology shares. Research in Motion fell 5.2 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 3, 2010 Financial times TNK-BP STEP UP SALE OF GAS FIELD TNK-BP, BP’s Russian joint oil venture, ratcheted up the pressure for a sale of its vast Kovykta gas field on Thursday, announcing that it was pushing the unit that owns the licence to the field into bankruptcy. The move raises the stakes over the future of [...]
Bolger can land his second Oaks with Akdarena June 3, 2010 THERE is only one place to start when looking for a potential winner of the Investec Oaks; the master of Warren Place, Henry Cecil. He has won this race eight times in the past and has two live chances this afternoon with likely favourite Aviate and Timepiece. I tipped up the latter at 7/1 prior [...]