Peak Apple? Share price plunges 5 per cent on iPhone sales slowdown January 27, 2016 Apple shares have nosedived in early trading following the revelation yesterday that the iconic iPhone would see its first ever decline in sales in the coming quarter. Apple shares plunged 4.97 per cent in the first half hour of US trading, falling to $95.02 as fears of a slowdown for the tech giant have investors [...]
Payment data is dangerously exposed as mobile payments soar January 27, 2016 With mobile payments on the rise, a new reports warns that critical security flaws are exposing financial data to attacks. More than half of companies admit that their payment data has been exposed to a security or data breach, showed the survey from Ponemon Institute and Gemalto, with attacks occurring on average twice a year. [...]
Bitcoin Group float postponed as the world’s first bitcoin miner IPO fails to catch investors’ interest January 27, 2016 The world’s first bitcoin trading float has had to be postponed, as the firm managed to raise less than two per cent of its target. Australian bitcoin miner Bitcoin Group was hoping to become the first miner of the cryptocurrency to list publicly, but it seems its hopes have been dashed, as The Australian revealed [...]
Will there be a Night Tube launch in 2016? London’s 24-hour underground service could be delayed until after the mayoral election January 27, 2016 May could be the earliest we see a Night Tube running in London, as unions have warned the 24-hour service could be delayed until after the mayoral election. Hotly anticipated by Londoners and debated by Transport for London (TfL) and unions, the weekend night services were announced 18 months ago, but their launch has been [...]
Apple hires VR researcher Doug Bowman to catch up with Facebook, Google and Microsoft in Silicon Valley virtual reality race January 22, 2016 Apple has hired a leading VR researcher in a bid to catch up to its rivals in the great Silicon Valley virtual reality race. Doug Bowman can now add Apple employee to his cv, joining the company from his current role as the director of the Centre for Human-Computer Interaction at Virginia Tech, reports the [...]
UK Statistics Authority blasts market-moving data leak January 22, 2016 Market-moving UK data was leaked to hundreds before its official release on Wednesday, a breach blasted by the country’s statistics watchdog. The UK Statistics Authority wrote that it was “deeply concerned about the impact that breaches (and apparent breaches) relating to the unauthorised, widespread sharing of statistics before their publication may have on the trustworthiness [...]
PwC has launched a blockchain team to explore the bitcoin technology January 22, 2016 Professional services giant PwC is getting into blockchain, announcing a new team dedicated to exploring the hyped technology powering bitcoin, following soaring client demand. “There is growing interest and a real demand from our clients to help understand the implications of blockchain and how to respond to it. So, as the blockchain juggernaut continues to [...]
Google has paid Apple $1bn to keep its search on iPhones – and has generated over $36bn from Android January 22, 2016 Google is paying a pretty penny to remain the default search bar on Apple’s iPhones. The tech giant paid its rival $1bn in 2014 to keep its search engine on iOS products like iPhones and iPads, court records have shown. Apple was also reportedly raking in a 34 per cent slice of Google’s sales through iOS devices [...]
Christine Lagarde confirms plans to run for a second term as director of the IMF January 22, 2016 IMF director Christine Lagarde has confirmed she will be standing for a second term when her tenure runs out. Lagarde confirmed her plans to run in an interview with French television news channel France 2. Lagarde’s term as head of the IMF is drawing to a close as her five-year tenure is up in July, [...]
The bear is back in his cage: FTSE 100 gains and Japan’s Nikkei 225 roars into positive territory on global stimulus hopes from the European Central Bank’s Mario Draghi January 22, 2016 Finally some good news: the FTSE 100 got off to a flying start this morning, gaining up to 1.8 per cent in early trading as dovish remarks from Mario Draghi sent investors' spirits soaring. Global bourses surged, with Japanese stocks roaring out of bear market territory to make their second-biggest one-day gain in five years. The Nikkei [...]
