Sterling drops to four-week low

Pound falls after BoE cuts growth forecasts in its inflation report, while euro continues to lose value on Greece political concerns

GE to buy Australia’s Industrea for A$700m

US group build its global business serving resource industries with the acquisition of Industrea and Fairchild International of America

Chesapeake expands short-term loan to $4bn

Standard & Poor’s downgraded the US natural gas producer’s debt, but the group “strong investor demand” in expanding its loan from $3bn

WSJ: Apple moving towards larger iPhone screens

The idea of a smaller iPad has been rattling around the tech rumor mill for many a month now, but the iPhone's 3.5-inch screen? That's sacred surely? Well, according to the Wall Street Journal, apparently not. It's reporting that those ever-famous "people familiar with the situation" have told it that Apple has ordered screens that are larger that the ones used in the flagship phone so far. There's no specifics on size, with the sources only going as far to say they are "at least" four inches. Apple, however, has declined to comment -- no surprises there -- but perhaps now is the time to start the office pool. Just hope you don't land on the "4-inch iPad" square.

WSJ: Apple moving towards larger iPhone screens originally appeared on Engadget on Wed, 16 May 2012 07:26:00 EDT. Please see our terms for use of feeds.

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Is the HTC Ville C a cheaper One S?

The Desire C has barely revealed itself as HTC's latest pocket-friendly Android phone, but another device following the same naming convention might also be on the cards. According to BriefMobile, a lower-priced One S variant, currently under the Ville C moniker, will shed the dual-core 1.5GHz Snapdragon S4 and use a (presumably cheaper) dual-core 1.7GHz Snapdragon S3 (MSM8260). That's the same processor found in last year's Sensation, although we're skeptical of that clock speed. Otherwise, the leaked specs match the One S on the important stuff, including a 4.3-inch AMOLED display (with the same qHD resolution), an 8-megapixel auto-focus camera alongside HTC's ImageSense chip and 16GB of storage. Yep, like the One S, there's no option to expand storage, but if the price is right (and it does exist), we might be more willing to forgive that particular shortcoming.

Is the HTC Ville C a cheaper One S? originally appeared on Engadget on Wed, 16 May 2012 07:09:00 EDT. Please see our terms for use of feeds.

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Flickr launches prettified 'liquid' layout, brings high-resolution eye candy to the forefront

After refreshing the uploading tool (and throwing in some better editing functions), Flickr's decided to work on its looks. Its latest design update will now show a high-resolution version directly from a picture's main page. The size will also adjust itself to the resolution and size of your screen -- that's the fluid part of it -- avoid any nasty upscaling business. Hit up your own Flickr gallery to see the new design in action and expect more changes in the near future -- the developers are promising more to come.

Flickr launches prettified 'liquid' layout, brings high-resolution eye candy to the forefront originally appeared on Engadget on Wed, 16 May 2012 06:32:00 EDT. Please see our terms for use of feeds.

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