May 23, 2013

Microsoft mocks Google in Googlighting video

Microsoftlos

Microsoft has mocked search-engine rival in a new Googlighting video. The viral video appears to feature a Google sales representative trying to sell ‘Google apps’, as the executive attempts to bring his claims down. You can view the video below, of which Microsoft summarises as “What happens when the world’s largest advertising business tries to sell productivity [...]

Rival banks scramble to develop mobile cash transfer apps

Money

Rivals to Barclay’s bank are reportedly ‘scrambling’ to develop their very own mobile cash transfer applications, following the launch of Barclay’s ’Pingit’ app last week. RBS, Natwest and Lloyds are all banks who are reportedly looking at producing a similar app according to thisismoney. HSBC has heralded the app as a ‘step in the right direction’ for the bank industry, but [...]

Video: What is an ISA? Stevenson explains

TomFidelity

What is an ISA? A very fair question that many newcomers to savings and investments may well ask. In this video, Tom Stevenson of Fidelity explains the benefits of an ISA and why they are very appealing:

Mark Zuckerberg joins Pinterest, the next big social media platform?

Pinterestlogo

Facebook CEO Mark Zuckerberg has signed up for a profile on photo sharing website Pinterest, the online pinboard which is being hotly tipped as the next big social media platform. Currently, at an invitation only phase, the website allows users to use boards and pins to place information about their activities and likes. Zuckerberg’s adoption of the [...]

Barclays Pingit review reveals highs and lows of app

PingIt

A Barclays Pingit review has revealed the highs and lows of the app which allows smartphone users to transfer money through their mobile phone numbers. Mobile specialist pocket-lint has given the app a good look over and in the process reveal its positives and negatives as follows: + It works very well and is fun to [...]

Barclays banker bonus criticised as it admits ‘unacceptable’ performance

barclayscapital

Barclays investment banker bonus pot of £1.5bn has been criticised in light of it recently lamenting ‘unacceptable’ performance. According to The Sun - bonuses for Barclays Capital have been capped at £65,000 which is a fall of 30 percent compared to last year. However, critics have reportedly ‘lashed out’ at the still sizeable bonuses and noted [...]

More Quantitative easing confirmed, taking to £325bn

Britain

Another bout of quantitative easing has been confirmed by the Bank of England’s Monetary Policy Committee, taking the total amount of money injected into the UK to a total of £325bn. This equates to over 20 percent of the country’s GDP, with interest rates to be held at 0.5%.

Sarkozy spends £10k per day ‘on food’ and has 121 cars

FranceMarket

There has been continuous verbal attacks on the British economy by the French recently, but it looks like French president Nicolas Sarkozy may have to eat some humble pie. According to a report from the DailyMail, a new book reveals that the French President has excessive expenditures such as spending £10,000 a day on food. [...]

US recession highly likely this year, says economist

USFl

A US recession has a high chance of occurring according to economist Jim Walker. Walker’s verdict comes despite positive manufacturing data which shown impressive growth. He told CNBC, ”There’s going to be a significant slowdown in fiscal expenditure in the U.S., they’re going to have to control the fiscal side much more as the year goes on.”

RBS boss Stephen Hester won’t take bonus

Pounds

RBS boss Stephen Hester has decided not to take his bonus following a great deal of controversy over the past few days. In an update made on Twitter, BBC’s Business Editor Joe Lynam claimed: “BBC had learned that RBS boss Hester has decided NOT to take his bonus URGENT.”