Autonomy boss in spat with US rival September 29, 2011 MIKE Lynch, chief executive of soon-to-be-sold Autonomy, has been drawn into a bitter war of words with rival technology boss Larry Ellison. The Oracle chief accused Lynch of having a “very poor memory or lying” about a personal visit he allegedly made to Oracle’s headquarters to try to pitch Autonomy as a takeover target. Lynch [...]
Nokia to axe 3,500 jobs as cost cuts bite September 29, 2011 EMBATTLED phonemaker Nokia yesterday announced it will slash 3,500 more jobs, including the closure of a major factory in Romania. The cuts are on top of at least 4,000 job losses announced earlier this year. Chief executive Stephen Elop is desperately trying to spin the wheel of the Titanic in the face of falling profits and [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 25, 2011 FINANCIAL TIMES US TAX AUTHORITIES TARGET BANK DEALS US tax authorities are targeting cross-border finance deals worth billions of dollars between leading US and UK banks as they step up efforts to clamp down on abusive tax avoidance, a joint investigation by the Financial Times and ProPublica has found. Four US banks – BB&T, Bank [...]
The robotic killers that could take over Blue Peter September 25, 2011 Animals aren’t high-tech enough. They don’t have screens. You can’t easily upgrade them. Last night I spent six hours trying to control a fox with my iPhone, with limited success. Don’t take my word for it – ask the makers of Blue Peter. They have decided not to relocate the show’s famous menagerie in the [...]
The latest gadgets that will help turn your home into a 3D palace September 21, 2011 3D technology is having a moment. No longer just the add-on special effect confined to the realm of cinemas and the odd Derren Brown show on television, it is now the hero embracing its mainstream appeal. With companies such as Sony, LG and Samsung leading the charge with gadgets that let you recreate the 3D [...]
Samsung may try to block new iPhone September 20, 2011 THE ESCALATING smartphone patent war saw another salvo yesterday, with Samsung considering a legal bid to block the sale of the as-yet-unseen iPhone 5, according to sources close to the matter. The move follows a series of suits brought by Apple against the Korean firm, which culminated in sales of Samsung’s latest tablet being blocked [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 18, 2011 FINANCIAL TIMES FEARS OVER RETREAT ON VOLCKER BANK RULES The Volcker rule, which bans US banks from trading for their own account, is set to include exemptions that some officials fear will weaken its impact, people familiar with the situation have warned. In the wake of UBS’s $2.3bn (£1.4bn) loss last week, alleged to have [...]
German court blocks Samsung September 5, 2011 Samsung Electronics has stopped promoting its new tablet computer at Europe’s biggest consumer electronics fair after a court-ordered sales injunction in Germany, the latest setback in its global patent battle with Apple. A Dusseldorf court ordered the South Korean company to stop selling Galaxy Tab 7.7 when the annual IFA electronics show started in Berlin.
TowerJazz wins chip contract September 5, 2011 TowerJazz said it will make chips for Samsung Electro-Mechanics, creating a platform that could bring the Israeli chipmaker $50m (£31m) a year in revenue by 2014. The chips for high voltage products will use TowerJazz’s 700 volt power management process, starting with AC/DC adapters and battery chargers for personal computers as well as commercial lighting.
Gadgets, technology and luxury on the waves August 31, 2011 PUTTING THE SUPER IN SUPERYACHT Watch out Roman, there’s about to be a new superyacht in town – literally. The Big Fish, a remarkable boat that’s designed equally for adventure on the high seas as it is for sitting in the marinas of Monaco and Mustique, will be appearing on the Thames tomorrow, mooring at [...]