News

A British-born chief executive has hit the Silicon Valley jackpot for the second time in his career after selling US social media analytics firm Topsy to Apple for a reported $200m (£122m).

For sale: a double plot by Marilyn, Swifty and Burt

"BURIAL CRYPT. Join Marilyn Monroe, Truman Capote, Burt Lancaster, Swifty Lazar, Darryl Zanuck. Two side-by-side spaces for sale at Westwood Village Memorial Park. Private Party." So went the advert that appeared recently in Variety, the best known trade paper to "the industry".

The delicate art of growth

Inside Business: Large companies need clear objectives when they go down the capital venture route or they may well get lost, writes Roger Trapp

You can lose your data and not lose your mind

Backing up your files via the Internet means that spare copies are always available.

Northern Telecom buys Bay Networks

THE CONVERGENCE of computer technology with telecommunications took another huge step forward yesterday, as Northern Telecom bought Bay Networks.

Leading in IT, Bristol-fashion

Hewlett-Packard's lab in England is a key player in the search for technology 'people like', says Roger Trapp

Profit from passion

Two studies show that people work better if they believe in what they are doing and are emotionally engaged with the company they work for. Roger Trapp reports

Brown's gamble should not go unchallenged

LAST WEEK in an interview with the Financial Times, Chancellor of the Exchequer Gordon Brown repeated his mantra: "Britain for the first time has a chance of establishing a credible framework for both monetary policy and fiscal policy." The question is what this mantra means.

Banks to determine loans on firms' millennium awareness

Companies may be refused a bank loan unless they can show that their computer systems can cope with the so-called `millennium bug'. Year 2000 compliance is to become an increasingly important determinant of credit ratings. Lea Paterson reports.

Movers & shakers

ECsoft, the pan-European IT consultancy, has appointed Simon Bates as UK sales director. Previously, Bates was director of business development for ECsoft's Practice Group activities.

Smaller companies group presses for a three-tier market

STOCK MARKET WEEK

Ascend descends on US rival in $3.7bn deal

The merger mania in the US network computers industry continued yesterday when Ascend Communications agreed to buy its smaller rival Cascade Communications in a $3.7bn (pounds 2.31bn) deal.

A bit more backbone

Internet II is in the wings. US researchers have built a new, superfast network and they love the results. Joseph Gallivan on life in the very fast lane

Celebrating the fresh face of Urban Decay

Sandy Lerner has a passion for purple - and not just because it is sometimes the colour of her waist-length hair. At 40, the computer nerd who made a mint ($200m actually) out of her Silicon Valley company Cisco Systems is the kind of woman who enjoys the odd bout of mediaeval jousting and riding a Harley. But then she discovered that the world had a purple problem.

California: where wealth stretches out to greet you

YOUR MONEY Investment tourists: if you want dramatic returns and you're willing to take a risk, head for Silicon Valley
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Fifa corruption: The 161-page dossier that exposes the organisation's dark heart

The 161-page dossier that exposes Fifa's dark heart

How did a group of corrupt officials turn football’s governing body into what was, in essence, a criminal enterprise? Chris Green and David Connett reveal all
Mediterranean migrant crisis: 'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves,' says Tripoli PM

Exclusive interview with Tripoli PM Khalifa al-Ghweil

'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves'
Raymond Chandler's Los Angeles: How the author foretold the Californian water crisis

Raymond Chandler's Los Angeles

How the author foretold the Californian water crisis
Chinese artist who posted funny image of President Xi Jinping facing five years in prison as authorities crackdown on dissent in the arts

Art attack

Chinese artist who posted funny image of President Xi Jinping facing five years in prison
Marc Jacobs is putting Cher in the limelight as the face of his latest campaign

Cher is the new face of Marc Jacobs

Alexander Fury explains why designers are turning to august stars to front their lines
Parents of six-year-old who beat leukaemia plan to climb Ben Nevis for cancer charity

'I'm climbing Ben Nevis for my daughter'

Karen Attwood's young daughter Yasmin beat cancer. Now her family is about to take on a new challenge - scaling Ben Nevis to help other children
10 best wedding gift ideas

It's that time of year again... 10 best wedding gift ideas

Forget that fancy toaster, we've gone off-list to find memorable gifts that will last a lifetime
Paul Scholes column: With the Premier League over for another year, here are my end of season awards

Paul Scholes column

With the Premier League over for another year, here are my end of season awards
Heysel disaster 30th anniversary: Liverpool have seen too much tragedy to forget fateful day in Belgium

Liverpool have seen too much tragedy to forget Heysel

Thirty years ago, 39 fans waiting to watch a European Cup final died as a result of a fatal cocktail of circumstances. Ian Herbert looks at how a club dealt with this tragedy
Amir Khan vs Chris Algieri: Khan’s audition for Floyd Mayweather may turn into a no-win situation, says Frank Warren

Khan’s audition for Mayweather may turn into a no-win situation

The Bolton fighter could be damned if he dazzles and damned if he doesn’t against Algieri, the man last seen being decked six times by Pacquiao, says Frank Warren
Blundering Tony Blair quits as Middle East peace envoy – only Israel will miss him

Blundering Blair quits as Middle East peace envoy – only Israel will miss him

For Arabs – and for Britons who lost their loved ones in his shambolic war in Iraq – his appointment was an insult, says Robert Fisk
Fifa corruption arrests: All hail the Feds for riding to football's rescue

Fifa corruption arrests

All hail the Feds for riding to football's rescue, says Ian Herbert
Isis in Syria: The Kurdish enclave still resisting the tyranny of President Assad and militant fighters

The Kurdish enclave still resisting the tyranny of Assad and Isis

In Syrian Kurdish cantons along the Turkish border, the progressive aims of the 2011 uprising are being enacted despite the war. Patrick Cockburn returns to Amuda
How I survived Cambodia's Killing Fields: Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape the US

How I survived Cambodia's Killing Fields

Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape to the US
Stephen Mangan interview: From posh buffoon to pregnant dad, the actor has quite a range

How Stephen Mangan got his range

Posh buffoon, hapless writer, pregnant dad - Mangan is certainly a versatile actor