Steve Jobs was right when he promised in 2007 that smartphones "would change everything", says The Economist. They have become the "defining technology" of our age and the fastest-selling gadgets in history, outstripping the growth of the basic mobile phones that came before them: 1.3 billion were shipped last year alone. They now outsell personal computers at a rate of around four to one.
Around two billion people now have a smartphoneand that number is set to double by the year 2020.That means around 80% of the global adult population will own one within five years, up from 50% today.The average American spends a total of two hours on one every day.
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Should you invest in UK equities?The FTSE 100 hit a record high this week, but UK equities remain unloved and undervalued compared to their global and US peers. Should you snap them up at a discount?
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State pension errors: DWP urged to check for mistakes among divorced peopleFormer pensions minister Steve Webb says there are a high number of divorced women on low state pensions. Now MPs want the DWP to check if there were any errors in “potentially underpaying men and women who are divorced”.
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