Daily Archives: February 8, 2012

Tim Bradshaw

The legacy of Steve Jobs will ensure strong results for Apple for up to two more years, according to Prince Alwaleed bin Talal, the Saudi billionaire and major investor in the Cupertino firm.

Prince Alwaleed, whose foundation has also invested in Twitter and News Corp, appeared on the high-class chat show Charlie Rose hosts for PBS and Bloomberg on Tuesday night, where he discussed issues ranging from the Syrian crisis and Iran’s nuclear programme to Citigroup (Vikram Pandit has been “an excellent CEO”, he said).

For other technology and media investors, though, his supportive comments for Rupert and James Murdoch, Twitter’s business model and Apple’s outlook are of most interest. Read more

Tim Bradshaw

Listen carefully in the City of London and, very faintly, you may be able to hear the bell ringing for round two of Facebook’s simmering battle with Apple over mobile apps.

Bango, a small mobile payments firm, quietly announced to the stock market on Wednesday that it has “signed an agreement to provide payment services to Facebook”. Read more

Chris Nuttall

Cheaper, brighter, leaner are the qualities driving light-emitting diode advances and no less than three companies have announced breakthroughs on Tuesday that further advance LEDs as our bright, lighting future.

Soraa, a Silicon Valley start-up, has emerged from stealth mode with a halogen-replacement product (pictured), North Carolina-based Cree says its new product delivers twice the lumens per dollar of previous-generation LEDs, while Britain’s Plessey says it has a new process that cuts costs by 80 per cent. Read more