Amazon makes London its base for digital R&D July 22, 2012 AMAZON will open an international development centre in London, its latest investment in the city’s growing technology scene, the company announced today. The web retail giant’s eight-floor Digital Media Development Centre in Glasshouse Yard, Barbican will house teams of engineers working on Amazon’s digital projects, including creating services for internet televisions and smartphones. The centre [...]
Stocks dip on Fed decision to keep easing January 30, 2013 U S stocks edged lower yesterday after the Federal Reserve left in place its bond-buying stimulus plan, saying economic growth had stalled but indicating the pullback was likely temporary. Describing the US job market as continuing its modest pace of improvement, the Fed repeated a pledge to keep purchasing securities until employment improves substantially. The [...]
Lovefilm brings stateside shows to UK January 16, 2013 LOVEFILM has inked a deal with US network NBCUniversal that will bring shows such as 30 Rock (pictured), the US version of sitcom The Office, and 1980s cult classic Knight Rider to its streaming service. Amazon-owned Lovefilm is aiming to boost its catalogue in the wake of competition from Netflix, which has invested in exclusive [...]
Huawei reveals world’s fastest mobile phone February 24, 2013 SAMSUNG and Huawei yesterday became the first in a slew of electronics companies to showcase their latest technology at this year’s international mobile trade show. Mobile World Congress – the industry’s week-long jamboree that officially kicks off this morning – will see some of the biggest players in the market promoting new wares, as well [...]
What the other papers say this morning January 31, 2013 FINANCIAL TIMES Barclays in Qatar loan probe UK authorities are probing an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call at the height of the financial crisis in 2008, which enabled the bank to avoid a UK government bailout. Neither Sheikh Hamad bin Jassim bin Jabr [...]
UK e-tail is paying off all round November 26, 2012 THE UK component of Amazon’s European revenues is a startling figure. Amazon’s sales hit €9.1bn (£7.3bn) across the continent last year. The new data shows it took in £2.91bn, or almost 40 per cent, from amazon.co.uk alone, and another £441m from other UK business such as Lovefilm. With Amazon getting 45 per cent of its [...]
Penguin agrees ebook price deal December 19, 2012 ■ Penguin is the latest book publisher to agree a settlement with US authorities over alleged ebook price fixing. The firm, owned by Pearson, was accused of colluding with Apple and other major publishers. The decision means the likes of Amazon can now discount ebooks.
Telecity pleases market with robust outlook February 13, 2013 DATA centre operator Telecity yesterday posted a 22 per cent rise in full-year earnings, meeting analyst expectations, and gave a confident outlook for 2013 underlined by robust demand. The British company bases its facilities in European cities like London, Amsterdam and Paris, where multiple Internet connections provide near failsafe services to retailers, banks, social media [...]
This year buy tech gifts that will last December 12, 2012 Attacknid combat robot £49.99 This beast is sure to get more attention on Christmas morning than any other gift. With eight moving legs and an independently operated, foam disc-firing turret, it is as close to Robot Wars as most people are ever going to get. Realistically, it will probably end up in a cupboard by [...]
Apple’s slice of the tablet pie shrinks in the fourth quarter January 31, 2013 APPLE’S share of the tablet market fell over the Christmas period, even as it sold record numbers of iPads, according to research. Figures from market analysts IDC claim that the iPad and iPad mini accounted for 43.6 per cent of worldwide sales in the fourth quarter of 2012. This was down from 51.7 per cent [...]