Daily Archives: November 12, 2012

Tim Bradshaw

The developers of the Pebble smart watch made Kickstarter history in May when they raised $10.2m, the largest sum received through the fast-growing crowdfunding site. But it is now in danger of attaining an equal notoriety for delays and busted deadlines.

After missing its original September delivery date, the Pebble’s creators warned this weekend that many backers will not receive their device in time for Christmas. 

When the biggest beast in the jungle decides not to fight you any more, your survival chances go up a lot. That’s the message from HTC shares on Monday.

After the company and Apple announced a global settlement that includes the dismissal of all current lawsuits and a ten-year license agreement, shares in the Taiwanese phonemaker leapt up 6.86 per cent – its daily limit. But is this the turning point for HTC, which saw profits fall 80 per cent in the third quarter?