Technology 

Nvidia forecasts demand rebound, Wall Street not so sure

(Reuters) – Nvidia Corp’s forecast of a demand rebound by the end of the year calmed investor nerves and pushed its shares up 5 percent on Friday, but several Wall Street analysts said the outlook was “aggressive” given weak demand and the ongoing U.S.-China trade war. FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo The chip designer on Thursday forecast full-year revenue to be “flat or down slightly” from 2018, but Chief Executive Officer Jensen…

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Man stabbed to death in East Dulwich street

Image copyright @Phil_McCrae88 Image caption The victim was attacked in Lordship Lane, East Dulwich A man has been stabbed to death in a south-east London street. The victim, in his 30s, was attacked in Lordship Lane, East Dulwich, near the junction with East Dulwich Grove, at about 02:30 GMT. He was treated by paramedics but was pronounced dead at the scene shortly after 03:00. The Met said no arrests have been made and inquiries were ongoing. Local roads including Lordship Lane have been closed. Source link

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Raspberry Pi: Hi-tech firm goes for high street experience

The co-founder of the pocket-sized Raspberry Pi computer chose to open his first high street store because “there are things you can do in the physical world that you can’t do online”. The Cambridge store stocks the British-designed computer and accessories, which have mainly been sold online since launch in 2012. Primarily unveiled as an educational tool for programming, more than 25 million units have been shifted around the world. Eben Upton said he decided to buck the trend of high street decline by offering a store “experience”, saying: “I…

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Raspberry Pi opens first High Street store in Cambridge

Image copyright Raspberry Pi Image caption Computer firm Raspberry Pi is opening its first store, in Cambridge The team behind the pocket-sized Raspberry Pi computer is opening its first high street store in the city where it was invented. In a move bucking the online retail trend, the company will open an “experimental space” in Cambridge. The firm will also now offer a new starter kit of parts – to accompany the popular tiny computer. Founder Eben Upton said he hoped the shop would attract customers who were “curious” about…

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Alphabet beats Wall Street estimates, but spending worries investors

FILE PHOTO – The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville/File Photo SAN FRANCISCO (Reuters) – Alphabet Inc’s fourth-quarter revenue and profit beat Wall Street’s expectations on Monday but sharply higher spending, as it added data centers and marketed its services heavily during the holidays, worried investors. The company’s shares, which have risen almost 17 percent over the past six weeks, fell 2.3 percent to $1,114.60 in after-hours trading. Partly because of the higher spending, Alphabet reported an operating margin of…

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How Sesame Street charmed US then the world

Sesame Street is 50 years old. From the Bronx to Bangladesh, the impact of the playful puppets of Sesame Street has spread far and wide over that time. The BBC’s Laura Trevelyan hangs out with Elmo and Abby in New York, and asks Sherrie Westin of the Sesame Workshop the secret to the show’s longevity. Video edited by Aakriti Thapar, produced by Sam Granville Source link

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The unlikely stars bucking the High Street slump

Image caption Quirky gifts feature heavily nowadays in museum shops As consumers, we are spending more of our money on what we do rather than on what we wear. The beneficiary – an unlikely star bucking the downturn in retail – is the humble museum and gallery shop. Once stocked with little more than key rings and badges for visiting schoolchildren, they now offer designer homeware and exclusive gifts. They attract shoppers looking for presents with a cultural touch, or something different to the wares of a homogeneous High Street.…

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High Street crisis: Can ‘click and collect’ save shops?

Image copyright Alamy So many people have experienced the annoyance of the little card on the doormat, saying: “Sorry we missed you.” According to consumer group Which?, 60% of those who ordered Christmas presents online experienced problems with delivery. Keen to avoid parcels ending up in recycling bins or being chewed by the dog, more shoppers are choosing click-and-collect. Could struggling retailers use the service to boost sales in-store? Click for convenience Click-and-collect services are offered by retailers for online orders. Customers collect the goods at a local shop or…

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Downing Street warns MPs not to block Brexit

Image copyright AFP/Getty Attempts by backbench MPs to remove the government’s power to deliver Brexit are “extremely concerning”, Downing Street has said. On Monday one group of MPs will present a bill that could allow Brexit to be delayed if Parliament does not approve an EU withdrawal agreement. According to the Sunday Times, another group led by Dominic Grieve wishes to pause Brexit by suspending Article 50. But Downing Street said it was “vital” MPs delivered on the referendum result. What are the amendments being proposed? Image copyright EPA/PA Image…

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Netflix forecast misses Wall Street view, shares dip

(Reuters) – Netflix Inc (NFLX.O) forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. Investors may have been hoping for more after Netflix announced a price hike for U.S. subscribers earlier this week, usually a sign that demand is strong. “Results won’t push its stock higher from here, with most of the good news already priced in after a massive rally earlier this month,” said Investing.com senior…

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