Apple’s first foray into personal finance includes a white platinum bank card with 16-digit numbers. Apple actually wants people to pay for goods using Apple Pay via iPhone or Apple Watch. The card’s hardware is mostly irrelevant as Apple incentivises consumers not to use it, giving 1 per cent cashback on purchases made with the…
Brad Neech’s iPhone X was retrieved by divers from Underwater Hunters at the Spring Lakes Centre in Long Eaton, Derbyshire. He had missed call from his grandfather. The iPhone X which costs £800 was reunited with the owner after two days.
China’s launch of a new technology focused stock exchange to rival Nasdaq on Wall Street has underlined the significance of state funding to the country’s fastest growing tech sector. Of the first 25 companies listed on Shanghai’s Starboard, 14 report state-owned investors among their top three shareholders . The first 25 listing, which raised $5.3bn,…
Alphabet, Google’s parent company has become the King of the corporate cash pile after beating Apple the iPhone maker who had this title for the last decade, but reduced its financial reserves by $60bn in the past 18 months. Apple’s holding of cash and marketable securities, net of debt, has dropped to $102bn, down from…
Saudi Arabia’s sovereign wealth fund is in advanced talks to invest £1bn in UK’s Babylon Health, a digital health start-up used by the National Health Service. The investment is part of a new funding round for the start-up that will give Babylon “unicorn” status. London-based Babylon founded in 2013 by Ali Parsa, a British-Iranian entrepreneur…
Elon Musk led aerospace startup SpaceX has successfully launched its 18th mission for NASA to deliver equipment, research and supply material to the International Space Station (ISS). The mission was launched using twice-flown dragon capsule and marked SpaceX’s 44th successful recovery of a Falcon 9 rocket booster. SpaceX had used the booster two months ago…
Google’s parent firm Alphabet has posted a revenue of $39bn representing a year-over-year rise of about 19 per cent with a profit of over £7.27bn ($9bn) for the June quarter. It also announced shares repurchase of around $25 billion worth of stocks. Following the announcements the technology giant’s stock shot up nearly 9 per cent…
The Donald Trump administration has formally given the blessing for T-Mobile’s $59bn takeover of Sprint, after 450 days the two wireless groups clinched a deal to unite and create one of the largest mobile providers in the US. The Department of Justice has said yesterday that it would not block the transaction after T-Mobile and…
Roger Faligot exposes the sprawling octopussy of the world’s intelligence service, from the very birth of communist China to Xi Jingping’s absolute control today. The concerted efforts to block, squeeze and punish the China’s technology industry is an important and fundamental shift in the US policy shift with China and lurched into deeper confrontation.…
Sir Jonathan Paul Ive (Jony Ive), the British born industrial designer who created the first iPhone, The MAC, iPod, and turned a faded Silicon Valley giant into the world’s most valuable company, will leave Apple this year after more than two decades to start his own design company after nearly 30 years with the tech…