Tim Bradshaw

Nest’s smart thermostat costs $250. littleBits wants you to make your own for $59. Read more

Tim Bradshaw

After the market closes on Tuesday, Apple releases its third quarter earnings for the three months to the end of June. Its stock price has risen by more than 20 per cent since it beat forecasts with its last quarterly numbers, taking it close to its-all time high. Can Apple repeat the trick in what are likely to be the last results before the next iPhones arrive, and push its stock to $100?

Here’s what Wall Street is looking for this quarter: Read more

Tim Bradshaw

Two experiments by Snapchat this week point the way towards the photo-sharing app’s first sources of income, almost nine months after it turned down Facebook’s $3bn acquisition offerRead more

Tim Bradshaw

Apple found itself again in the firing line of China’s state media on Friday, when CCTV accused its iPhones of threatening national security due to their location tracking features.

At a time when sensitivities over US government surveillance are at an all-time high and when Chinese smartphone manufacturers are taking on the iPhone like never before, there could be many ulterior motives for this latest attack.

Nonetheless, many iPhone owners outside China may also be surprised to know how much their device knows about where they have been – including its uncanny ability to guess where you live and work. Read more

Tim Bradshaw

Uber is wasting little time in putting last month’s huge $1.2bn fundraising to work. As it races for marketshare against not-quite-so-well-funded rivals such as Lyft, it has been cutting prices for its cheapest service, UberX, in several markets including its largest, the San Francisco Bay Area.

The fare reduction is flagged as temporary, which may be just as well: Fortune discovered that Uber is losing money on every fare by paying drivers more than it charges passengers, in order to boost their earnings and prevent them from switching to a more lucrative rival. Read more

Tim Bradshaw

GoPro’s stock leapt more than 30 per cent on its first morning of trading on Thursday, valuing the action camera maker at around $4bn.

Nick Woodman, GoPro’s billionaire founder and chief executive, who still owns almost half of the company, spoke with the FT shortly after ringing the Nasdaq opening bell. Here is an edited transcript of our conversation about how he got here and how he plans to build a media business around millions of people taking photos and videos of themselves. Read more

Tim Bradshaw

One of the dominant mantras in technology design these days is simplicity. From Apple’s Sir Jonathan Ive and his minimalist overhaul of iOS to the unbundling of Facebook’s “big blue app” into its smaller, faster components, smartphones are sweeping software to be ever simpler and sleeker.

For many people, most technology is still too complicated but those apps that do simplify tend to succeed. WhatsApp Messenger offers little more than basic text messaging, with none of the stickers or gimmicks of rival chat apps, and has amassed 500m users. Snapchat took out text altogether to allow people to communicate with just a photograph and three taps of the screen. Read more

Tim Bradshaw

Apple’s annual developer conference saw chief executive Tim Cook and head of software engineering Craig Federighi dominate the stage. Apple showed off new operating systems, including iOS8 and the newly-minted OS X Yosemite, as well as HealthKit, its first foray into fitness tracking, and HomeKit, a connected home platform. Not to mention tools for developers and a new programming language called Swift. Tim Bradshaw, Richard Waters and Sarah Mishkin give the rundown and reaction from the Moscone Center in San Francisco. 

Tim Bradshaw

Image from @tim_cook on Twitter

Even before the ink is dry on his $3bn acquisition of Beats Electronics, Apple chief Tim Cook is still “on the prowl” for more deals.

That was Mr Cook’s phrase when asked in last month’s earnings call whether Apple would consider making large acquisitions, before he had sealed the iPhone maker’s largest ever transaction.

In April, he said that Apple had made 24 acquisitions in the last 18 months. That number has now risen to 27, Mr Cook told the FT on Wednesday, and looks set to keep growing: Read more