Friday, 9 September 2016

iPhone 7

Apple has unveiled new versions of its iPhones, which have done away with the traditional headphone socket. Instead the firm is promoting the use of its Airpods - new wireless earbuds, which offer new abilities but also need to be recharged on a regular basis. The latest iPhone launch is crucial for Apple, which has seen sales of the device slip amid ever fiercer competition. In July the company recorded its second consecutive quarter of revenue decline, breaking a streak of uninterrupted growth since 2003. Check out the video to see how Apple have evolved the iPhone over time.

Playstation Pro

Sony has announced a more powerful version of its PlayStation 4 console at an event in New York. The PS4 Pro will be able to render more detail in games when connected to an ultra-high definition 4K television. A cosmetically redesigned, slimmer PlayStation 4 was also announced and will be sold at a cheaper price. One analyst said releasing an upgraded console so soon after the PS4's debut in 2013 took the company into "uncharted territory". Sony is currently thought to be leading the console race, after announcing in May that it had sold 40 million PS4s. Microsoft said it had sold 10 million Xbox One devices in 2014, but has since stopped reporting its sales figure.

Life Saving Invention

A 22-year-old British student has invented a mobile fridge that could save millions of lives across the world. Will Broadway's "Isobar" has been designed to keep vaccines at the ideal temperature while in transit in developing countries. And Will doesn't plan to make money from his creation. His focus is to get it to people who need it, which is why he won't be trying to get a patent. Will's Isobar has won him the annual James Dyson Award, open to students across the world with a simple brief - design something that solves a problem. Having previously worked at a medical device consultancy, Will has first-hand experience of how large companies monetise life-saving products. "Medical products have such a big mark up that it's unreasonable for people around the world to purchase these items," he says. "If it is the best thing available, then it should be out there saving lives." It has been estimated that Will's invention could save the lives of 1.5 million people across the world, a number he says is "astonishing".
Life Saving Invention

Sunday, 17 July 2016

Pokemon Go!

Investors are still catching some of the global success of Pokémon Go global success, which has Nintendo shares hit a six-year high. The Japanese game company’s shares have climbed 86 per cent since last Thursday on the back of Pokémon Go’s popularity. That’s almost $15 billion (£11.1 billion) added to the company market value in a week. Nintendo’s latest 10 per cent surge on Friday made the company more valuable than trading house Mitsubishi, financial company, Nomura or clothing retailer Uniqlo, according to the FT. David Gibson, a Macquarie Capital Securities analyst, said the game is on the track to generate $4 billion year in sales. “When you look at the way it's becoming a social phenomenon in the US, the rally is understandable even though it's not clear yet how much it will boost profits,” said Toshiyuki Kanayama, a markets analyst at Monex Securities.

Burger Pizza

One of the world's largest pizza chains has just announced a move into an altogether different fast food - burgers. Dominos has unveiled a burger pizza, taking arguably the best parts of two popular foods and making them into a delicious hybrid. The massive result of Domins India's innovation has been shared across the brand's social media sites. And it's actually garnering a lot of positive feedback online, with the #BurgerPizza tag on Instagram revealing plenty of happy diners. Given the tagline "Looks like a burger, with the goodness of a pizza", the price of the massive meal starts at 89 rupees, or around 99 pence before taxes are added.

PopTang

Yumsh Snacks Ltd has unveiled new Apple and Orange flavour popcorn called Poptang. The new popcorn offer a tangy taste of Tango and is available in 20g and 70g bags priced at 69p and £1.59. Tony Goodman, CEO of Yumsh Snacks, said "Poptang is about to make a fruity explosion in the snack world. Yumsh Snacks are renowned for their premium quality popcorn. These have been intrinsically woven together with two sensational flavours from Tango to create a fizz-tastic new snack, which will tang the socks off the nation. 

Thursday, 7 July 2016

Hershey Rejects Takeover

Hershey has rejected a $23bn (£17bn) offer from Mondelez that would bring some of the world's best known biscuit and chocolate brands under one roof. A deal would have merged the maker of the famous Hershey's chocolate bar with Mondelez's Oreo and Cadbury brands. And it would have combined Hershey's strong US business with Mondelez's global distribution footprint. Hershey's controlling shareholder, the Hershey Trust, is a $12bn charity created by the firm's founder in 1894. Hershey said in a statement: "The board of directors of the company unanimously rejected the indication of interest and determined that it provided no basis for further discussion between Mondelez and the company." According to the Reuters news agency, a source said Mondelez had sought to provide assurances to Hershey that it would keep its name and preserve jobs. Mondelez sees little antitrust risk given the limited geographic overlap of the two companies' businesses, Reuters says. Mondelez is the second-largest confectionary company globally while Hershey ranks number five.Their merger would have put them in the top place, with 18% of the market, according to research firm Euromonitor International.