Daily Archives: June 25, 2013

… erm, sort of.

The PC-maker is selling Autonomy’s stake in video advertising engine Blinkx, which is traded on London’s AIM market.

And since that stake is worth around 40 per cent more than when the acquisition for Autonomy was agreed in August 2011, HP’s accountants can book a handy profit of around £16m (depending when the actual sale occurs). So no hard feeling about that $8.8bn write-down then, Ms Whitman?

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By Dan Thomas, telecoms correspondent

Sony will bolster its mobile range with a large screen “phablet” phone that is sized neatly between the high end smartphone and tablet launched last year to revive the Japanese group’s ailing devices business.

At 6.4 inches, Xperia Z Ultra acts perfectly as a small video screen, with a remarkably clear luminous display that carries HD videos with great clarity using Sony Bravia TV technology. Read more

Tim Bradshaw

For such a simple little app, Snapchat provokes some strong opinions.

Much of the reaction to its fundraising, announced on Monday, was one of amazement that the two-year-old ephemeral messaging app could be worth $800m. After all, that’s more than Facebook paid for Instagram last year ($715m after Facebook’s stock slumped from the time of its initial $1bn offer). Read more