Steve Jobs returns to unveil the new iPad 2 March 2, 2011 APPLE surprised critics yesterday when its talismanic leader Steve Jobs made a surprise appearance to unveil the latest version of its iPad tablet computer. Despite being on medical leave, Jobs took to the stage in San Fransisco, saying: “We’ve been working on this product for a while – I didn’t want to miss this one.” [...]
IT bull that shorts Ocado February 20, 2011 BLUE Ridge Capital, the hedge fund thought to have lost £40m after betting against Ocado, is no stranger to internet-based businesses: its two biggest long positions in the US are online giants Amazon and Apple, according to an SEC filing last week. The fund was set up by former Tiger Management president John Griffin in [...]
Compass heading in right direction at start of year February 3, 2011 COMPASS Group, the world’s biggest caterer, said it had made a good start to 2011 with the strong performance seen in the second half of 2010 continuing into the new year across all the regions in which it operates. The group, which counts London’s O2 arena, Amazon.com and the Super Bowl among its clients, reported [...]
Compass heading in right direction at start of year February 3, 2011 COMPASS Group, the world’s biggest caterer, said it had made a good start to 2011 with the strong performance seen in the second half of 2010 continuing into the new year across all the regions in which it operates. The group, which counts London’s O2 arena, Amazon.com and the Super Bowl among its clients, reported [...]
Gadgets for lovers of RETRO CHIC March 9, 2011 LEICA M9 German camera company Leica has set the whole aesthetic of its top range, M-series cameras around the sturdy look of old-fashioned snappers. Don’t let the dated look fool you: this is a spectacular piece of photographic kit, and a true luxury item, as its price suggests. £4,550, www.uk.leica-camera.co.uk FUJIFILM FINEPIX-X100 Due in shops [...]
Gadgets for lovers of RETRO CHIC March 9, 2011 LEICA M9 German camera company Leica has set the whole aesthetic of its top range, M-series cameras around the sturdy look of old-fashioned snappers. Don’t let the dated look fool you: this is a spectacular piece of photographic kit, and a true luxury item, as its price suggests. £4,550, www.uk.leica-camera.co.uk FUJIFILM FINEPIX-X100 Due in shops [...]
Amazon set to sell groceries July 7, 2010 Ocado’s £1.1bn float was dealt another blow yesterday when internet giant Amazon launched a competing grocery delivery business. Amazon has long toyed with the idea of branching into food delivery, and already does so in the US and Germany, but the timing of the decision heaps pressure on Ocado. Analysts have already questioned the value [...]
Wall St buoyed by tech firm results January 27, 2011 STRONG corporate earnings led Wall Street to a 29-month closing high for a second day yesterday, but another run of big gains may be harder to achieve. The Dow and the S&P struggled to advance past major technical levels – the 12,000 mark for the Dow and 1,300 for the S&P – but investors see [...]
Wall St fuelling new dot.com bubble April 4, 2011 WITH the benefit of hindsight, bubbles are shockingly easy to spot. From Dutch merchants staking fortunes on the price of tulip bulbs to Chinese investors fighting for empty properties, the idiocy is always self-evident – eventually. At the time, however, it seems to make perfect sense to throw good money after bad. Somewhere deep in [...]
CRIME DOES PAY AS TV DETECTIVE TURNS £100K HEDGE FUND TRADER April 13, 2011 WHAT do a professional poker player, a former SAS soldier and actor Christopher Fox, otherwise known as DS Max Carter in The Bill, have in common? They are the stand-out contestants in a Trading Places-style experiment to find the hedge fund stars of the future, which has attracted 8,000 applications from every walk of life: [...]