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...However, it is important to remember that the genesis of the Horizon system lay with International Computers Limited, the national technology “champion” created by the Wilson government in the late 1960s...
...Analysts said the financial impact of the scandal was likely to be limited since Fujitsu UK generated only about 5 per cent of the group’s annual revenue of ¥3.7tn ($25bn)....
...It was developed by Fujitsu’s UK arm, International Computers Limited (ICL), in the late 1990s as part of a government project to clamp down on social security fraud committed via the Post Office’s paper-based...
...So far, analysts and investors expect the impact on the broader group to be limited....
...But analysts are saying that even with the compensation included, that the financial impact on the company as a whole is probably likely to be limited since, you know, Fujitsu UK generates only about 5 per...
...The UK Post Office privately told ministers this month that it would have opposed appeals by nearly half of the 700 sub-postmasters convicted using data from Fujitsu’s faulty Horizon IT system....
...latest accounts, the Post Office included provisions for £435mn in remediation costs and compensation to former sub-postmasters who “repaid” money for thefts they did not commit because of flawed data from Fujitsu...
...that it said could be worth up to $14bn to develop “open RAN” networks — that allows them to chop and change components and use a wider variety of companies — with kit from Ericsson, as well as Japan’s Fujitsu...
...If a sale were limited to US users, the revenue used in the calculation would be smaller....
...The decision, ahead of an initial public offering that could take place as soon as next month, will be taken as the latest encouraging sign of life in the US IPO market after two years of limited activity...
...It’s a broad category, including (but not limited to) siblings, siblings-in-law and fellow household members....
...talk about the dollar-yen rate as an asymmetric trade: at about ¥150/$, all the risk for the yen, according to the emerging consensus view, is that it will move higher, and the downside is artificially limited...
...If they aim to use their heft to influence company policy, they may find their members limited to “impact” investors, who prioritise the social effect of their choices....
...The Institutional Limited Partners Association, an industry body that represents professional private equity investors, is working on draft recommendations to obtain more disclosure about when they are used...
...When free cash flow is limited, they give employees a reason to stick around while also keeping companies’ cash expenses down....
...“How do you create a team with this set of individuals who meet relatively infrequently, and you’re meeting to discuss complex issues by definition, often all with competing priorities, in a limited amount...
...If the market is limited the way the FTC wants it limited, then Meta is somewhere north of 60 per cent market share, which is probably enough to settle the market power issue....
...This model has a limited lifespan built into its design; either the high-flyer will demonstrate capability to be sole head or they won’t....
...“Potential actions may include, but are not limited to, refining the process to leverage the scale, efficiency and flexibility of the multi-class structure and manage flows, cash balances and portfolio rebalances...
...Mars has pledged to invest $1bn over the next three years in an effort to achieve net zero by 2050, after disclosing limited progress in meeting a previous emissions reduction target....
...There are historical precedents for models with limited production (Aston Martin produced 645 units of the Lagonda) as well as more recent precedents (Ferrari Daytona SP3 limited to 599 units)....
...In 2021, its engagement priorities said “we expect companies to articulate how they are aligned to a scenario in which global warming is limited to well below 2C”....
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...The belief was that velocity is regulated by a limited appetite to hold cash. If velocity fell, people would end up holding more money....
...Apple is rumoured to be accelerating its generative AI efforts this year, including the possibility of an iPhone that can run large language models despite the devices’ limited memory....
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