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
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.
Here’s another sign of Qualcomm’s domination in mobile phones -Broadcom wants out of cellular baseband chips. Read more
How best to judge Microsoft’s next-generation tablet, the Surface Pro 3, which was unveiled by its new chief executive Satya Nadella at an event in New York on Tuesday?
One way would be to compare it to its previous incarnation, which received a more positive critical response for its improved features, but still did not really make a dent in the market share of Apple iOS or Android devices – Microsoft has recorded about $2.64bn in Surface sales so far. For comparison, Apple sold $7.6bn worth of iPads in the latest quarter alone.
Microsoft is expected to unveil a third generation version of its Surface tablet later on Tuesday.
Then again, it might not.
What’s likely to come out of its New York event (4pm London time, webcast here ) has been kept tightly under wraps by the company, leading to speculation that ranges from a Surface “mini” being shown to a larger 12-inch tablet, to nothing more than tweaks to existing models.
Whatever is in store, Microsoft needs some fairly dramatic improvements for Surface to come anywhere close to matching the iPad’s appeal. Read more
Watching the Apple faithful grapple with its imminent acquisition of Beats Electronics has been fascinating.
The only thing Apple watchers seem to agree on is that nobody saw it coming, even though Reuters reported talks about some sort of tie-up over streaming music more than a year ago. It’s the ultimate example of Apple doing something nobody could imagine Steve Jobs doing. Read more
Sometimes it pays to be behind the times. Read more
A cheeky Apple advertisement appeared in several newspapers on Tuesday. Above a vast array of solar panels, it read: “There are some ideas we want every company to copy.”
The ad ran not only during Apple’s latest bout of patent litigation against Samsung, which continues in a San Jose courtroom, but on Earth Day, an annual reminder of our environmental responsibilities.
Apple used Earth Day to launch a new video ad, ‘Better’, narrated by chief executive Tim Cook himself, and a new portion of its website dedicated to its green achievements. These include powering its data centres with 100 per cent renewable energy, as well as 120 of its retail stores.
But perhaps more remarkable is that Mr Cook let Lisa Jackson, Apple’s vice president of environmental initiatives, give an open and sometimes unscripted talk at Stanford University on Tuesday night. Read more