Adobe announced details of a ‘public beta’ of its audio application Soundbooth in a further direct attack on the Apple digital media market. Adobe and Apple previously went head-to-head after Apple launched its photographic workflow product, Aperture. Adobe responded later with the release a similar product, Adobe Photoshop Lightroom, as a ‘public beta’. The...
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From Investment and Business News OPEC has agreed to cut oil production by 1.2 million barrels a day, and yet the price of oil still fell. Some say it’s because traders don’t expect OPEC members to adhere to the cut. Equally, however, it could be argued that OPEC reduced oil quotas because it knew...
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The announcement yesterday that the Australian Bank, Macquarie is to buy the UK’s Thames Water utility for £8 billion may stick in the throat of UK consumers when they see the profits made by the current owner, RWE on the sale of the utility – but spare a thought for Australians who only this...
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Earlier this summer AOL put it UK arm up for sale with the reported price tag of $1.86 billion. With a claim of 2.2 million customers in the UK that put the price at a very high $845 per customer. Not surprisingly, whilst some came to look, nobody wanted to buy at that price....
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The Internet economy sometimes seems to work in an inverse way to the rest of the world. Google announced that it would spend $1.65 million on acquiring a one-year-old loss making company and its stock price goes up. Perhaps, to use the dot com-boom phrase – “we just don’t get it”. Google announced yesterday...
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With confirmation of the underground nuclear test yesterday by the Democratic Peoples Republic of Korea (DPRK) drawing the ire of world leaders across the spectrum, there appears to be little that can be done other than a full scale assault on facilities or so called ‘regime change’. With neither option favoured by the DPRK’s...
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