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Today’s top tech stories

The Guardian reports that Sony, in its fourth revision, is forecasting a £4bn net loss for the year ending March 2012. This is double an earlier forecast figure and the fourth consecutive year that Sony has posted losses. This change in fortune is attributed to companies such as Apple and Samsung taking control of some markets, and demand for consumer products like televisions dropping. The company is planning to cut 10, 000 jobs, which equates to around 6 per cent of its workforce, in the near future. Sony’s chief executive, Kazuo Hirai, has stated that he is prepared to take painful steps to revive the ailing electronics company and has said that he will not hesitate withdraw from businesses he deemed uncompetitive. The company believes that it will turn profit in the year ending March 2013, with operating profits of around £1.4bn.

The value of technology company Apple has reached $600bn writes The Telegraph. The only other company that has reached this mark is Microsoft in 1999, at the height of the dotcom boom. Wall Street is expecting Apple to show more than a 50 per cent increase in profits to $9.2bn when its first quarter results are posted later this month. With Apple launching a television product, and the announcement that last month it will begin paying a dividend, has caused some experts on Wall Street to believe that Apple shares will be trading at $1,000 within a year. Shares in Apple closed down at $628.44 yesterday, after having climbed as high as $644 earlier the same day.

 

 

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WhatsApp, the encrypted messaging app recently purchased by Facebook, has announced it will now allow businesses to send messages to users, reports TechWeekEurope.co.uk. Previously, Facebook and WhatsApp confirmed that in-app advertising would never be a part of the system. In... Read more

Today’s top tech news

28 NHS trusts and 23 universities in the UK have admitted to being attacked by ransomware within the last year, reports BBC.co.uk. According to a report, populated with information sourced using Freedom of Information (FOI) requests, just under 50 per... Read more

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Google is set to hinder the SEO of mobile sites using pop-ups and interstitial advertisements in a move to increase usability, reports TheVerge.com. The new changes will be implemented on January 10th 2017, with Google lowering the rankings of sites... Read more

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An initiative from the University of Cambridge has announced a further £75m of funding to invest in UK technology startups, reports TechCityNews.com. Cambridge Innovation Capital (CIC) is set to use the funds to further boost its current portfolio and invest... Read more

Today’s top tech news

The German Government is considering the introduction of facial recognition technology at major transportation hubs to identify terror suspects, reports RT.com. This follows recent terrorist attacks in Germany, with the aim of forewarning authorities should known terrorists be recognised through... Read more