Back to life, back to virtual reality: Xiaomi’s international boss Hugo Barra joins Facebook’s VR unit Oculus January 26, 2017 Hugo Barra announced he was leaving Xiaomi to make a Silicon Valley return a few days ago and now we know where he was headed: Facebook. The ex-Google executive who led international expansion at Chinese smartphone giant Xiaomi has left the company to take up a role as vice president of virtual reality at Facebook's VR [...]
The year of the stock picker: Which value shares look underpriced in 2017? January 24, 2017 We've heard it before. When there is greater volatility and more dispersion in the market, canny investors should be able to beat the index. The great rotation in equities which markets are anticipating due to looser fiscal policy and higher interest rates under Donald Trump is filling active managers with optimism that they can use [...]
Blame it on the batteries: Samsung says battery faults caused Galaxy Note 7 fires January 23, 2017 After some intense investigation, Samsung has announced the reason behind its exploding Galaxy Note 7 phones. It was lithium-ion batteries that caused the problems, causing the mobiles to overheat and catch fire – leading to the global recall of millions of devices and scrapping production of the model altogether. The incident was a costly one, [...]
“Privileged” Single Market access is critical for London, says Khan January 18, 2017 London mayor Sadiq Khan will brand "privileged" Single Market access as "critical" for the capital in his response to Prime Minister Theresa May's Brexit speech. Speaking at the World Economic Forum in Davos, Khan will say getting a good deal on trading into the Single Market should be May's top priority in her negotiations with [...]
South Korea’s prosecutors are seeking a warrant to arrest Samsung’s chief executive January 16, 2017 The chief executive of Samsung has been accused of bribing a friend of President Park Geun-hye, and today South Korea's special prosecutor's office said it is seeking a warrant to his arrest. Jay Y. Lee was questioned for 22 hours last week as prosecutors looked into a corruption scandal that revolved around Choi Soon-sil, a friend of the [...]
Here’s some of the best (and weirdest) new technology from CES 2017 January 11, 2017 Audio The Doppler Labs Here One wireless earphones returned to CES this year. A more practical alternative to the rather silly Apple AirPods, they’re controlled with an app via Bluetooth and can bionically enhance your hearing in a given direction or block out external sounds, as well as the usual music playback features. If you’re [...]
Artificial intelligence and robots are one of the biggest technological risks to the world January 11, 2017 Artificial intelligence and robotics are one of the biggest potential risks to humankind of emerging technologies, according to a new report from the World Economic Forum. But, the development of such technology, which is expected to disrupt everything from the world of work to geopolitics, could also conversely bring the biggest benefits to the world. [...]
10 years on: How the iPhone changed the world January 9, 2017 The iPhone got off to a subdued start when it was first unveiled by Steve Jobs 10 years ago Today. The decade anniversary of the device feels short and at the same time a lifetime. On 9 January 2007, we had no idea how the pocket sized computer would change our lives and business as [...]
John Lewis cashed in ahead of the subdued Christmas period January 4, 2017 John Lewis cashed in in the lead-up to Christmas, before families deserted festive shopping on the high street for feasting at the dinner table. For the week starting 19 December, the department store made sales totaling £175.6m. Christmas Day and Boxing Day – when most John Lewis shops are shut – took place during the comparative week in [...]
13 events that will change the world in 2017: Article 50, Snapchat’s IPO, more Libor trials and a vote on Heathrow January 3, 2017 2017 looks like it's going to be a busy one: we're looking ahead to some of the key business and political events already pencilled in for this year's calendar. 1. Supreme court to rule on Article 50 The Supreme Court is due to deliver its ruling on Gina Miller's case this month (Source: Getty) The Supreme [...]