• M&S profits dive by nearly two-thirds as clothing sales slide

    M&S clothing and homewares sales fell by 5.9% in the first quarter. Photograph: Suzanne Plunkett/Reuters Marks & Spencer has reported a 64% drop in annual profits to £176.4m as weak clothing sales were compounded by more than £400m of restructuring costs relating to the new chief executive’s turnaround plan. Chief executive Steve Rowe insisted the […]

  • NEWS
    Instagram Stories Gets Slide to Zoom Feature

    Facebook-owned Instagram has provided the first update to its Stories feature where users can now zoom in while recording videos and have the option to switch between the front- and rear-facing cameras. Instagram recently announced its Stories format that clones Snapchat’s popular feature. In Instagram Stories, a set of moments are created that will appear […]

  • ELECTRONICS
    Samsung Rejigs strategy To Halt phone Slide

    Seoul: From the manner it chooses cellphone additives daily the models it brings day-to-daymarketplace, Samsung Electronics has undergone a painful manner of breaking from its past every dayopposite a slide in its handset enterprise. as an instance, the arena‘s biggest smartphone maker agonised over digicam specs for its flagship Galaxy S7 until the final moment […]