13 August, 2015 by The TZ Newswire Staff Comments Off on Apple to delay live TV service to next year: Bloomberg
Apple to delay live TV service to next year: Bloomberg
Discussions with broadcasters such as CBS Corp and Twenty-First Century Fox Inc to license programming are progressing slowly, and lack of content has led Apple to scrap plans to announce the service at a Sept. 9 event, Bloomberg said. Apple also lacked the computer network capacity to ensure a good viewing experience, Bloomberg said. The company still plans to introduce a more powerful version of its Apple TV set-top box at the event, which will be held in San Francisco.
13 August, 2015 by The TZ Newswire Staff Comments Off on Greek lawmakers bicker on bailout hours before euro zone verdict
Greek lawmakers bicker on bailout hours before euro zone verdict
Greek lawmakers bickered through the night over a new bailout deal to keep the country afloat, only hours before euro zone finance ministers are due to decide on Friday whether to approve the vital aid for Athens. With the ruling Syriza party apparently heading for a split over the 85 billion euro ($95 billion) program, parliament finally began debating whether to accept the package which demands yet more austerity and economic reform at 3:45 a.m. (0045 GMT), with no vote likely until well after daybreak.
13 August, 2015 by The TZ Newswire Staff Comments Off on Samsung Electronics unveils high-end phones in search of sales boost
Samsung Electronics unveils high-end phones in search of sales boost
NEW YORK/SEOUL (Reuters) – Samsung Electronics Co Ltd unveiled a new Galaxy Note phablet and a larger version of its curved-screen S6 edge smartphone on Thursday, marking a fresh bid by the South Korean company to revive momentum in its handset business. Samsung is the world’s top smartphone maker but its market share fell in the second quarter when the company released its critically acclaimed S6 models, squeezed by Apple Inc’s (AAPL.O) upscale iPhones and cheaper offerings from Chinese rivals such as Huawei Technologies Co Ltd [HWT.UL].
13 August, 2015 by The TZ Newswire Staff Comments Off on Candy Crush creator King Digital forecasts lower bookings
Candy Crush creator King Digital forecasts lower bookings
King Digital’s shares slipped 9 percent in extended trading after the company also reported an 18 percent drop in quarterly revenue, citing fewer franchise games and a strong dollar. The company, which makes games for social media websites and mobile devices, has been struggling to boost bookings, an indicator of future revenue, as new game launches were planned only toward the second half of the year. In August, King Digital launched its first simulation game, Paradise Bay.
13 August, 2015 by The TZ Newswire Staff Comments Off on Kohl’s misses estimates on delayed back-to-school shopping
Kohl’s misses estimates on delayed back-to-school shopping
“Our sales results were below our plan as the shift of sales in tax-free states from July into August was larger than anticipated,” Kohl’s Chief Executive Kevin Mansell said in a statement. U.S. states offer a three-day sales tax holiday on back-to-school purchases. The tax holiday has shifted to August from July in most states this year.
13 August, 2015 by The TZ Newswire Staff Comments Off on France Q2 GDP provisional qq 0.0% vs +0.2% exp
France Q2 GDP provisional qq 0.0% vs +0.2% exp
Another provisional reading from France showing softer revision
– +0.7% prev revised up from +0.6%
– yy +1.0% vs +1.1% exp vs +0.9% prev rev up from +0.8%
Euro a tad softer on the release
13 August, 2015 by The TZ Newswire Staff Comments Off on IMF role in Greek deal is central for Germany
IMF role in Greek deal is central for Germany
So says Germany CDUs Michael Fuchs in radio interview currently
– “can imagine” Greek debt maturity extension
Nothing new here from the German perspective