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


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
Alexis Sanchez has completed a £35m move to Arsenal, the club have confirmed
sportGunners complete £35m signing of Barcelona forward
Poor teachers should be fearful of not getting pay rises or losing their job if they fail to perform, Steve Fairclough, headteacher of Abbotsholme School, suggested
voicesChris Sloggett explains why it has become an impossible career path
world cup 2014
Ray Whelan was arrested earlier this week
Arts and Entertainment
In a minor key: Keira Knightley in the lightweight 'Begin Again'
Arts and Entertainment
Celebrated children’s author Allan Ahlberg, best known for Each Peach Pear Plum
peopleIndian actress known as the 'Grand Old Lady of Bollywood' was 102
Wayne’s estate faces a claim for alleged copyright breaches
newsJohn Wayne's heirs duke it out with university over use of the late film star's nickname
Life and Style
It beggars belief: the homeless and hungry are weary, tortured, ghosts of people – with bodies contorted by imperceptible pain
lifeRough sleepers exist in every city. Hear the stories of those whose luck has run out
Mick Jagger performing at Glastonbury
Career Services

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A History of the First World War in 100 Moments: Peace without magnanimity - the summit in a railway siding that ended the fighting

A History of the First World War in 100 Moments

Peace without magnanimity - the summit in a railway siding that ended the fighting
Scottish independence: How the Commonwealth Games could swing the vote

Scottish independence: How the Commonwealth Games could swing the vote

In the final part of our series, Chris Green arrives in Glasgow - a host city struggling to keep the politics out of its celebration of sport
Out in the cold: A writer spends a night on the streets and hears the stories of the homeless

A writer spends a night on the streets

Rough sleepers - the homeless, the destitute and the drunk - exist in every city. Will Nicoll meets those whose luck has run out
Striking new stations, high-speed links and (whisper it) better services - the UK's railways are entering a new golden age

UK's railways are entering a new golden age

New stations are opening across the country and our railways appear to be entering an era not seen in Britain since the early 1950s
Conchita Wurst becomes a 'bride' on the Paris catwalk - and proves there is life after Eurovision

Conchita becomes a 'bride' on Paris catwalk

Alexander Fury salutes the Eurovision Song Contest winner's latest triumph
Pétanque World Championship in Marseilles hit by

Pétanque 'world cup' hit by death threats

This year's most acrimonious sporting event took place in France, not Brazil. How did pétanque get so passionate?
Whelks are healthy, versatile and sustainable - so why did we stop eating them in the UK?

Why did we stop eating whelks?

Whelks were the Victorian equivalent of the donor kebab and our stocks are abundant. So why do we now export them all to the Far East?
10 best women's sunglasses

In the shade: 10 best women's sunglasses

From luxury bespoke eyewear to fun festival sunnies, we round up the shades to be seen in this summer
Germany vs Argentina World Cup 2014: Lionel Messi? Javier Mascherano is key for Argentina...

World Cup final: Messi? Mascherano is key for Argentina...

No 10 is always centre of attention but Barça team-mate is just as crucial to finalists’ hopes
Siobhan-Marie O’Connor: Swimmer knows she needs Glasgow joy on road to Rio

Siobhan-Marie O’Connor: Swimmer needs Glasgow joy on road to Rio

18-year-old says this month’s Commonwealth Games are a key staging post in her career before time slips away
The true Gaza back-story that the Israelis aren’t telling this week

The true Gaza back-story that the Israelis aren’t telling this week

A future Palestine state will have no borders and be an enclave within Israel, surrounded on all sides by Israeli-held territory, says Robert Fisk
A History of the First World War in 100 Moments: The German people demand an end to the fighting

A History of the First World War in 100 Moments

The German people demand an end to the fighting
New play by Oscar Wilde's grandson reveals what the Irish wit said at his trials

New play reveals what Oscar Wilde said at trials

For a century, what Wilde actually said at his trials was a mystery. But the recent discovery of shorthand notes changed that. Now his grandson Merlin Holland has turned them into a play
Can scientists save the world's sea life from

Can scientists save our sea life?

By the end of the century, the only living things left in our oceans could be plankton and jellyfish. Alex Renton meets the scientists who are trying to turn the tide
Richard III, Trafalgar Studios, review: Martin Freeman gives highly intelligent performance

Richard III review

Martin Freeman’s psychotic monarch is big on mockery but wanting in malice