Make no mistake: Apple will end up eating the higher costs that supplier Foxconn will incur to end excessive overtime and improve working conditions at its plants. But, as we suggested earlier this year, it will be Apple’s rivals that will end up suffering most. Read more
London’s Tech City project got a big boost on Thursday when Google officially opened Campus, its first hub offering start-up technology companies desk space and mentoring.
Opened to great fanfare by George Osborne, chancellor, the seven-storey building will house 100 start-up companies and organisations such as Seedcamp, the technology incubator, and TechHub, the original provider of co-working space in the Shoreditch area. Read more
While cloud computing promises to simplify our lives by keeping our information in one readily accessible place online, it fails to deliver when clouds are scattered by users relying on too many different apps and services.
You may have photos spread across Picasa, Flickr, Eye-Fi and Facebook and documents held on different services as well. But Box has announced an enterprise-focused solution on Wednesday with its OneCloud, while Quickoffice is tackling the same problem from a different direction with Connect. Read more
Spring cleaning was in the air for Apple this week as the company announced its plan to pay a dividend and institute a share buyback programme. The announcement had many tech commentators putting themselves in the shoes of Apple’s chief executive, Tim Cook, to ask: what else could Apple have done with its cash? Read more
Tivo has lowered the monthly subscription to its DVR service, a move that may be aimed at stemming subscriber losses.
The company dropped its monthly service fee for its machines from $20, with a one-year commitment, to $15. It also raised the price of its entry-level Premiere digital video recorder from $100 to $150 as it increased its capacity from 45 hours of HD video recording to 75. Read more
Although Angry Birds, by Rovio of Finland, is the best-known videogame to come out of Scandinavia, it has a close rival in Sweden’s Minecraft - a game Sean Parker loved so much he flew all its developers to London for a party. Read more
Broadcom is set to make indoor navigation easier and our online lives faster with two developments – the networking chipmaker is launching a new location-finding platform and acquiring the Israeli fibre-optics company BroadLink for $195m.
On a visit to San Francisco, Scott McGregor, chief executive (pictured), discussed the new moves and the prospects for a company that claims 99.9 per cent of all internet traffic and 100 per cent of smartphone data goes across at least one Broadcom chip. Highlights after the jump: Read more
Apple must be wondering whether it was worth the improvements, particularly the addition of 4G LTE, to the new version of its iPad.
The extra mobile connectivity has earned the company plenty of criticism, despite it offering the opportunity to enjoy, at least theoretically, 73 megabits-per-second 4G speeds for the same price as the old single-megabit 3G models. Read more
Is Zynga hopelessly exposed to the hit-driven nature of the games business, or do its scale and business model give it a sustainable competitive edge?
Depending on your point of view, its acquisition on Wednesday of OMGPOP, maker of the red-hot game Draw Something, could be used to support either side of this argument. Read more
There is no doubt that Arm Holdings, the UK chip designer, plays in the big league now. The Cambridge-based company’s designs are in most smartphones, and in coveted Apple products such as the iPad.
So it is appropriate that they have a weighty name for their new chairman. Sir John Buchanan, knighted in the recent New Year’s honours list, is chairman of Smith and Nephew, which makes artificial knees and hips. Read more
Behind Monday’s headlines of Misys’s board accepting a £1.27bn cash bid from Vista Equity Partners, the perennial takeover target also updated the market on recent trading – and the figures were not exactly glowing.
Third-quarter revenues fell by 12 per cent year-on-year fall to £89m, which the London-based group attributed to customers procrastinating over software licence purchases. Read more
Apple has announced plans to pay a dividend and institute a share buyback programme as it deals with a cash mountain that has grown to more than $100bn.
The maker of the iPhone and iPad said it would begin with a quarterly dividend of $2.65 a share, sometime in its fiscal fourth quarter, which begins on July 1. A $10bn share buyback would begin in its next fiscal year, starting September 30 and be executed over three years.
Apple held a conference call to discuss the moves (it also revealed a record weekend of sales for the new iPad). Our live blog on that, and the reaction to it, is after the jump. Read more