SkyDox, the online document sharing company, has bought its larger US rival Workshare and raised £20m from venture capital groups in order to create a stronger UK challenger in the market for online work collaboration.
Anthony Foy, chief executive of Brick Lane-based SkyDox, said the combination of the two companies, which creates an entity with annual revenues of around £20m, would allow them to better challenge rivals such as Box and Dropbox in a fast-growing market. Read more
Warren East, chief executive of Arm Holdings, sees an opportunity for UK technology companies as rising development costs are forcing the structure of the semiconductor chip industry to change. In our video interview, he also explains to FT technology correspondent Maija Palmer how the internet of things like intelligent fridges or medical devices will lead to more efficient energy use and better healthcare. Read more
Apple’s victory over Samsung in the patents dispute shone an interesting light on the murky world of patents. For one thing it demonstrated clearly that there are two different types of patents around mobile devices that operate very differently.
On the one hand you have patents that are to do with how the phone actually operates, how it connects calls and handles data. These are the standards essential patents and they are the things that companies like Samsung, Nokia and Motorola have a lot of, as they have been in the business of making phones for a very long time. Read more
It has not been a great week for Sony employees, as the Japanese consumer electronics group carries out some late-summer pruning on its businesses. Around 1,000 people at Sony Mobile’s operations are to be let go, with two-thirds of the redundancies falling in Lund, Sweden, as the headquarters of the mobile phone unit moves to Japan.
This was widely expected after Sony bought out Ericsson from their Sony Ericsson joint venture last year. In April this year, Sony had announced plans to cut 10,000 jobs globally. About half of these would come from the sale and spin-off of two subsidiaries, but detail about the rest is just starting to trickle through. Read more
The love affair with the mobile phone appears to have faltered a little, with worldwide mobile phone sales down for the second quarter in a row, according to new figures from Gartner. But is this just a small hiatus as consumers wait for the next round of handsets from Apple and Samsung to hit the shelves later this year, or a sign of something deeper?
Gartner is clearly a little worried, as it is paring back its earlier estimates for 2012 handset sales by between 25m and 40m units. Its not a huge drop, only about 2 per cent of the estimated 1.9bn unit sales this year, but Anshul Gupta, analyst at Gartner says he has been a little surprised by the fall. Read more
Coffee and techies go together like donuts and policemen, one the voracious consumer of the other. They have named programming languages after the stuff. And so the alliance between Starbucks and Jack Dorsey’s Square mobile payments start-up seems quite natural.
Starbucks has never been shy of experimenting with technology, having been one of the first US coffee shop chains to offer customers free wi-fi access. Starbucks also has its own mobile app, which allows customers to pay for their coffees using a phone. Although these mobile payments are still just a tiny fraction of overall revenues, it is considered one of the most successful mobile payments systems in use so far. Read more