Venezuela might have the mannequins with the world’s biggest breasts, but Britain now has the most tech-savvy models gracing its store windows and shop floors.

This week three UK retailers launched the world’s first mannequins embedded with so-called iBeacons – little Bluetooth transmitters that can send alerts to smartphones in the vicinity, offering details about the clothes such as how to buy them online and where to find them in store. Read more

Tim Bradshaw

The start-ups that took on the taxi industry are eyeing a new target: public transport.

The past 24 hours have seen Uber, Lyft and Sidecar all launch a new twist on their popular ride-sharing model: carpooling. The three San Francisco companies are letting some customers opt to share a ride with a perfect stranger going along the same route at the same time, for up to half the price of a solo journey. Read more

Just four years old, Chinese smartphone maker Xiaomi has shot up sales rankings to become the top smartphone seller in China, the world’s largest smartphone market, according to data by Canalys, the technology research company.

In a report released this week the company said Xiaomi’s shipments in China grew 240 percent year on year, to 15.1m in the second quarter, write Charles Clover. Read more

This is the launch of the century in Chinese video gaming terms. Read more

Tim Bradshaw

Fuseproject, the San Francisco design agency led by Yves Béhar, has agreed to sell a majority stake to China’s fast-growing marketing group BlueFocus.

Mr Béhar – whose designs can be seen in products from Jawbone, Puma and One Laptop Per Child – sat down with the FT to talk about the deal, the company he founded in 1999 and what happens next. The transcript has been edited for length. Read more

Tim Bradshaw

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

Hannah Kuchler

wwdc 2

Apple beat earnings expectations but disappointed investors with its revenue forecast for next quarter, scuppering hopes that the share price could rapidly return to its all-time high of $100. Shares have dipped 1 per cent in after hours trading in New York on the back of this lower-than-expected guidance. However, muted sales of the iPhone and iPad in Apple’s third quarter did not prevent it from beating analysts’ earnings forecasts. Earnings of $1.28 per share compared favourably with analysts’ consensus estimates of $1.23, with gross margins reaching 39.4 per cent, a sharp increase over the prior year.

Join the FT’s Tim Bradshaw and Hannah Kuchler as they live blog the earnings call of the world’s largest company by market capitalisation.  

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

For the past year, new internet subscribers in the UK have had to make an “unavoidable choice”.

No, it’s not whether to pay for speeds of 152Mb per second, or whether to subscribe to Premiership football. It’s whether to turn on a “family-friendly network filter”, affectionately known as porn blockers.

And what did Brits decide? Read more

Xiaomi’s latest flagship smartphone looks much like Apple’s rival handsets except for one crucial difference: the price – which is less than half that of the similarly metallic iPhone 5s from the US group.

The steel handset was unveiled in Beijing by chief executive Lei JunLei on Tuesday, with reports that the crowd murmured “iPhone” as it was unveiled. Hugo Barra, the Google executive who joined Xiaomi as global vice-president last year, was also at the event. Read more