Analysts react to Dixons Carphone’s Christmas trading update January 24, 2017 Electronics retailer Dixons Carphone has reported its fifth year of Christmas sales growth, but market reaction was muted, with the company's share price falling more than three per cent in morning trading. Alistair Davies, analyst at Investec, said it was likely that Dixons Carphone had increased market share and improved its margins. There were availability issues around [...]
End of days: Waitrose is closing six of its stores February 9, 2017 Is this the end of the middle classes as we know them? Waitrose is planning to close six stores, putting 500 jobs at risks, it has been reported. The supermarket, beloved of the chattering classes, has begun consulting with staff at six locations in Hertford, Staines, Leek, Huntingdon, Cardiff and Palmers Green (although the latter [...]
Droning on: How drones are transforming marketing February 28, 2017 From publicity stunts to epic and cost-effective aerial photography, marketers are getting increasingly creative with how they use drone technology. Prior to the rise in camera-equipped drones in recent years aerial photography was restricted to those who could afford helicopter support. All that has changed. As City A.M. reported last year, the drone [...]
Move over Sherlock, your fridge could soon help solve crime January 2, 2017 Security experts are worried that the increasing number of devices connected to the internet are a gift to cyber criminals, but in a twist worthy of any good crime novel, these smart devices could actually help the police solve crimes. Detectives are being trained to inspect the digital footprints left behind at crime scenes on Internet of Things devices, the [...]
Watch out Alexa: Google’s AI assistant’s been released into the wild at MWC integrating with Nokia, Samsung, Huawei and more February 26, 2017 Google's voice assistant has been released into the wild, making an appearance in several blockbuster smartphones unveiled at Mobile World Congress (MWC) in Barcelona. The Siri-like assistant will feature in the latest flagship phones from Nokia, Samsung, Huawei LG, Sony and HTC. It's the first time the artificial intelligence (AI) powered Google Assistant has featured in any non-Google [...]
Amazon helped push S&P 500 to its best day in two months yesterday May 10, 2016 A rally in Amazon stock and a jump in the oil price helped push US shares up on Tuesday – with the S&P 500 enjoying its best day in two months. Amazon's share price jumped 3.43 per cent to a record of $703.07, which boosted the S&P 500 and the Nasdaq, after investment firm Bernstein upped [...]
This noise-cancelling device means you can finally have office phone conversations in private January 11, 2017 Tired of leaping up from your desk every time you need to have a private phone conversation at the office? One company has unveiled the solution: a mask which absorbs your speech. The Hushme looks like a pair of headphones, but is designed to go around your mouth, absorbing noise so you can have conversations without your [...]
Netflix and Amazon face European quotas under new EU rules aimed at creating a ‘single digital market’ May 25, 2016 The European Commission today unveiled its proposed new rules for video streaming companies such as Netflix and Amazon – with the aim of creating a so-called 'single digital market'. However, Netflix claims the new measures will not help achieve this aim. The Commission wants to impose a 20 per cent quota on streaming sites, which [...]
Apple Music’s doubled its subscriber numbers in less than a year December 7, 2016 The number of people subscribing to Apple Music has doubled in just under a year. The tech company now boasts 20m music listeners signed up to its streaming service, according to Apple executive Eddy Cue. That's an additional three million since September when it last shared figures and 10m more than in January. Cue told Billboard magazine [...]
Amazon hits new high on this crazy big $1,000 price target from Wall Street May 10, 2016 Amazon shares have touched an all-time high after getting a serious upgrade from one Wall Street analyst. Bernstein has upped its price target for the stock to $1,000 (£694) from $770, sending stock up nearly three per cent to $699 per share. "[W]e are bullish in the short, medium, and long term and think we may see margins [...]