While the Financial Times may have a reputation as a publication serving up dry business news, its IT team recently decided it was tired of its boring 404 page.
High-frequency trading on Wall Street has already sparked one serious market crash--the "flash crash" in May of 2010 in which the Dow Jones Industrial Average dropped like Newton's apple--and one wake-up call called the "hash crash" in which an unsubstantiated (and untrue) Tweet about a terror attack sent the market tumbling temporarily.
SAN FRANCISCO--"The reports of the death of HTML5 are greatly exaggerated," said Rob Grimshaw, managing director of FinancialTimes.com, the European news outlet. Grimshaw said the FT's decision in 2011 to focus on HTML5 instead of native apps has resulted in increased mobile usage and revenues for the company.
Walmart and the Financial Times both opted in recent weeks to bring mobile application development expertise in-house by swallowing up development firms. While most organizations probably don't have