What can a company that proposes using drones to deliver goods instantaneously do to impress?
Amazon tried hard with its Fire phone, the first smartphone ever from the e-commerce giant. It sort of succeeds, but the best thing about the phone is the vision of what it could become after a few rounds of refinements and tweaks. 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.
Samsung Electronics has replaced its head of mobile design just weeks after the launch of its latest flagship Galaxy S5 phone, which was praised in online reviews for its features but criticised for its design.
The South Korean company, however, called the move a routine reshuffle, and denied any link to the criticism. Chang Dong-hoon will retain a broader role overseeing design across the company, while Lee Min-hyouk – at 42, one of the youngest figures in Samsung’s senior ranks – has been promoted to head of the company’s mobile communications design team. Read more
Fridges that talk, watches that listen and thermostats that learn your secret domestic habits: these are some of the most visible examples of the so-called “internet of things” (or “IoT” for aficionados).
Cisco, the global computing hardware group, is a big supporter of IoT. It announced yesterday that it was increasing its investment in early-stage companies in the sector to $250m over two to three years, up from the $100m it announced in January. It also unveiled three minority investments: in the enterprise start-up accelerator Alchemist Accelerator, as well two IoT software start-ups, Ayla Networks and Evrythng. Read more
Alibaba is taking a minority stake in China’s largest online video site, Youko Tudou, as it prepares for its own blockbuster initial public offering in the US.
Youko Tudou said on Monday that the Chinese e-commerce group, together with its founder Jack Ma’s Yunfeng Capital, would jointly invest $1.2bn in the video site.
Alibaba will hold 16.5 per cent stake in Youku after the deal, with Yunfeng holding 2 per cent. Read more
Sometimes it pays to be behind the times. Read more