Apple just lost $533m in a patent case February 25, 2015 Apple has lost a case worth $533m (£343m) after a Texas jury found its iTunes and App stores had infringed patents. The tech-giant was battling Smartflash, an American company founded in 2000. Smartflash claimed that Apple wilfully infringed its patents, and did not respect its inventions. Apple disagreed, claiming the claims excessive and the patents [...]
Apple travels to Scotland to poach Edinburgh-based talent Camel Audio to bolster Logic Pro app February 24, 2015 Edinburgh-based Camel Audio, an audio software development house run by University of Edinburgh alumni Ben Gillett, appears to have been scooped up by US tech giant Apple. In January, Camel informed customers that its “award-winning… professional audio products” (Alchemy Synth, Sound Libraries and CamelPhat) would no longer be available for sale. Then, on Monday, the [...]
Apple share price climbs towards trillion dollar valuation February 24, 2015 Apple, the maker of iPhones, MacBooks and soon-to-be Apple watches, saw its share price tick up today, meaning it was edging that little closer to hitting the never-before-seen trillion dollar valuation. Apple's share price fell as much as 0.9 per cent to 131.44 in early morning trade, before paring gains to 133.5. Yesterday, it closed [...]
The staggering figures behind Apple’s €1.7bn investment in Europe February 23, 2015 Shares in Apple rose 1.7 per cent today, after it announced plans to invest €1.7bn (£1.2bn) on two massive data centres in Europe. With a combined floor space of 332,000 sq m (that's just under two Wembley Stadiums, fact fans) the two data centres – one in Athenry, Ireland, and one in Viborg, Denmark – [...]
Google buys Softcard to take on Apple Pay February 23, 2015 Google has signed a partnership with Softcard to buy some of its payment solutions software. In a deft move, the search giant has also struck a bargain with several of the US’s biggest mobile carriers, which will see Google Wallet app pre-installed on thousands of handsets. Apple arrived at the near-field-communications party with Apple [...]
Is Apple about to change its rules with its new mobile operating system? February 22, 2015 iPhone users could be about to get a developer’s view of Apple’s operating system. The tech giant is reportedly planning to open up its new iPhone software to all users, rather than just developers, as part of a plan to improve functionality and eliminate bugs before the final release. The beta launch may, however, be [...]
Samsung to take on Apple in mobile payments sector with purchase of LoopPay February 18, 2015 Samsung has purchased LoopPay, a mobile wallet company that will rival Apple Pay and Google Wallet. The South Korean tech company has not disclosed the price of the deal it proclaimed will “accelerate the next wave of innovation in the digital smart wallet”. The move suggests that Samsung is ready to compete [...]
Former Apple boss quits role at Monsoon after two years February 18, 2015 Monsoon chief executive John Browett has quit after two years in the job to pursue other opportunities. The former boss Dixons Retail has had an eventful few years after leaving the electricals giant in 2012 to join Apple as head of retail. However, his stay at Apple’s US headquarters was short-lived and he [...]
Finance firms shun bond market as likes of Apple take the lead February 17, 2015 APPLE’S Tim Cook has rolled out four jumbo bond issues in the past two years – and according to new research published yesterday it seems he’s not alone. Figures from the influential Organisation for Economic Co-operation and Development (OECD) show the number of non-financial companies issuing corporate bonds has jumped 77 per cent since 2008, [...]
Why the Apple Watch should obliterate sales records for wearable tech February 17, 2015 Apple is banking on its new Apple Watch being a breakthrough device for the wearable tech sector after ordering between 5m – 6m units from its Asian supplier. An April launch date for the product has been set by Tim Cook who said in Apple’s earnings call last month that his “expectations are [...]