Smartphone wars go galactic at Heathrow May 27, 2014 THE SMARTPHONE industry is well-known for its tit-for-tat behaviour. When they’re not battling in courts over patents, phone-makers use advertising to take pot-shots at their rivals. Samsung once built an entire fake Apple store to use for filming in its mockery of Apple. A month ago on Earth Day, Apple commissioned a nationwide ad saying, [...]
What the other papers say this morning – 15 May 2014 May 14, 2014 FINANCIAL TIMES Sanctions put squeeze on Russia Russian companies are facing tougher lending restrictions from western banks as sanctions against the country start to bite. Banks are insisting that new loans to Russian businesses that are not directly targeted by sanctions carry clauses forcing immediate repayment or default if sanctions affect those companies. “If someone [...]
4G rollout lifts Anite as group looks to sell its travel division May 12, 2014 SHARES in FTSE 250 software group Anite jumped over 10 per cent yesterday after it reported strong fourth quarter trading along with continuing discussions for a disposal of its travel business. Anite said the rollout of 4G networks had boosted demand for its smartphone testing services from the likes of Samsung and Vodafone during the [...]
Samsung’s chairman rushed to hospital following heart attack May 11, 2014 SAMSUNG Electronics’ chairman Lee Kun-hee, the man overseeing the flagship subsidiary of South Korea’s biggest company, was rushed to hospital on Saturday night after having a heart attack and yesterday underwent emergency surgery. Samsung Medical Centre, where Kun-hee is now recovering from the operation, yesterday said the 71-year-old had undergone surgery for a cardiac procedure [...]
What the other papers say this morning – 09 May 2014 May 8, 2014 FINANCIAL TIMES Apple in talks for $3.2bn Beats deal Apple will acquire Beats’ streaming music service, which launched this year, and its audio equipment business, which includes its brand of headphones and audio equipment. The Beats management team will report to Mr Cook, sources said. Apple and Beats did not comment. The deal is likely [...]
Tesco to launch premium Hudl phone by Xmas May 6, 2014 TESCO yesterday announced that it would sell its own smartphone this year, following in the footsteps of its Hudl tablet last year. Tesco’s chief executive Philip Clarke, speaking on BBC Radio 5 yesterday morning, revealed the grocer’s plan to release a premium Hudl smartphone by Christmas. Clarke said the Hudl smartphone would be a high-end [...]
Tesco unveils plan for smartphone May 6, 2014 Tesco’s got plans to launch its first smartphone by the end of 2014, the BBC reports. The supermarket’s chief executive Philip Clarke, speaking on Radio 5 live’s Wake Up to Money, said the own-brand phone would be pre-installed with Tesco services. It’ll run on Google’s Android software with hardware similar to Samsung’s Galaxy S5. Tesco [...]
Is a foreign language worth the investment? May 1, 2014 English may be a lingua franca, but another tongue could boost your job prospects AN INCREASING number of foreign multinationals – from Airbus to Samsung – now mandate English as the common corporate language. In 2010, Japanese services firm Rakuten hit headlines when it announced it would become an English-only organisation. “English is the only [...]
Is a foreign language worth the investment? April 30, 2014 English may be a lingua franca, but another tongue could boost your job prospects AN INCREASING number of foreign multinationals – from Airbus to Samsung – now mandate English as the common corporate language. In 2010, Japanese services firm Rakuten hit headlines when it announced it would become an English-only organisation. “English is the only [...]
Cirrus snaps up British rival Wolfson for £291m April 29, 2014 AUDIO semiconductor-maker Wolfson Microelectronics has agreed a £291m takeover by Texas rival Cirrus Logic. Announced yesterday, the cash deal will see Wolfson’s shareholders receive 235p per share, a 76 per cent premium to the share’s value prior to the deal. The valuation still marks a significant drop from Wolfson’s peak in 2006 when the Edinburgh-based [...]