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February 1, 2010
BSkyB v EDS: Why is the case so important?
The case of EDS v BSkyB is by far and away the most important legal case in the IT area...decade. Not since the 1996 case of St Albans City and District Council v International Computers Limited (which defined whether software was goods or services... By Dai Davis, IT lawyer and partner at Brooke North LLP
January 21, 2010
SEC litigation release for General Re
...Securities and Exchange Commission v. General Re Corporation, Civil Action No. 10 Civ...SEC Charges General Re Corporation for Role in AIG and Prudential...today charged General Re Corporation for its involvement in separate schemes by American International Group and Prudential Financial... By
3:05am
SMIC announces management overhaul
Semiconductor Manufacturing International (SMIC), China’s largest contract chipmaker by capacity, announced sweeping management and strategy changes...chief operating officer and chief technology officer, Gary Tseng as chief financial officer and Chris Chi as chief business officer. Mr Yang comes from Chartered Semiconductor, SMIC’s larger rival. Mr Tseng worked at China Solar Corporation with Mr Wang before and was at Quanta Computer, UMC, the world’s second-largest contract chipmaker, and... By Kathrin Hille in Bejing
8:00pm
Japan’s healthy eating, with a side of McDonald’s fries
...McDonald’s success is any indication, Japanese consumers are clearly not listening.Challenge for SAP Anyone who believes business is boring should think again. Some of history’s biggest dramas have been played out in boardrooms – from the dissolution... By Michiyo Nakamoto and Paul Betts
4:36pm
Apollo predicts ‘bonanza’ in commercial property
...ve come off the precipice and moved back into more healthy territory.” He said credit markets had come back sharply in a V-shaped recovery. “It was the best period for buying distressed debt we have seen, perhaps in our careers... 18 months...more ”idiosyncratic” deals, such as Apollo’s recent agreement to take control of Texas-based Parallel Petroleum Corporation through a restructuring deal that reduced the company’s debt, he said. By Martin Arnold in Berlin
February 8, 2010
Aureos pulls in $381m for Africa
...120m target for an African healthcare fund with backing from the Bill & Melinda Gates Foundation, the World Bank's International Finance Corporation and Germany's DEG.The group typically looks to invest $2m-$10m per company, often for a minority stake. It... By Martin Arnold, Private Equity Correspondent
February 2, 2010
Paul Volcker’s testimony to the Senate Banking Committee
...the Federal Reserve, The Federal Deposit Insurance Corporation, or the Treasury to the largest remaining American...of credit default swaps quite apart from its basic business, was rescued only by the injection of many tens of...President’s recent proposal.First, surely a strong international consensus on the proposed approach would be appropriate...ranging from the now ubiquitous automatic teller machines to highly sophisticated cash balance management;•Safe and liquid...seeking financial system. By appropriately defining the business of commercial banks, and by providing for the complementary... By
April 13, 2009
‘Virtualisation’ set to transform data storage
...capacity on a server to create “virtual machines”, each able to run its own separate...such a sea change is coming to its core business. With Tuesday’s introduction of the Symmetrix V-Max system, EMC is offering what...Enterprise Strategy Group, said the Symmetrix V-Max is likely to streamline workflows...you can get the function of a lot of machines but control it from one machine... By David Gelles in San Francisco
May 13, 2009
Perspectives: Exotic beauties that are remembered with affection
...upwardly compatible operating system. Business customers could be confident of...Marconi, which eventually became International Computers Ltd (ICL). Leo stood...year-old Digital Equipment Corporation was launching the PDP-8...laboratory. Much of its success in business was its ability to run Visicalc...the IBM PC. Then in 1981, Xerox Corporation launched the 8010 Information System...pointed the way to today’s machines. It prompted Apple to develop... By Alan Cane
January 19, 2010
Healthcare stocks lead Wall Street higher
...healthcare sector but more importantly the uncertainty about healthcare costs and new taxes stands as an impediment to any corporation that may be looking at expanding their business.” Technology stocks also rose, in anticipation of positive quarterly results from IBM after the closing bell. Shares... By Samantha Pearson in New York