There is a lot of excitement about Silicon Valley company Lytro and its new take on photography – its Light Field technology allows different parts of a taken picture to be shifted in and out of focus.
The company held a news conference in San Francisco this morning to unveil its first camera, which it said would go on sale next year, starting at $400. A live blog of the event is after the jump. Read more
Carphone Warehouse co-founder Charles Dunstone and Index Ventures have invested €8.2m ($11.2m) in iZettle, Europe’s answer to mobile-payment firm Square.
Sweden’s iZettle operates a payment system for small or nomadic merchants – be they market traders, window cleaners or conference-goers – through a card reader that attaches to the bottom of an iPhone. Read more
How much do company chief executives need to know about IT? Traditionally, many business leaders outside the technology sector have had only a limited understanding, preferring to rely on their IT departments and chief information officer (CIO).
According to a recent report by Booz & Co, the consultancy, the average age of chief executives is now about 51. That means that many grew up in the PC era and have witnessed the impact of technology on almost every part of business. Read more
Tech news from around the web:
Microsoft chief executive Steve Ballmer told attendees at the Web 2.0 conference in San Francisco that Nokia is planning to launch new devices running Windows Phone operating software next week at Nokia World, PaidContent reports. The new phones will be the first Windows handsets produced by Nokia under its partnership with Microsoft. Read more