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).

Hi-tech firm BATM raises pounds 122m with swift share placing

BATM Advanced Communications, an Israeli-based maker of next- generation network switching gear, said yesterday that it had pulled off a swift share placement to raise a net pounds 122m to underpin expansion.

Network: Money for nothing

Giving away products free on the Internet may not sound like good business, but Red Hat's Bob Young has turned a profit by making Linux a must-have

Cisco pays unprecedented $7bn for hi-tech US firm

CISCO SYSTEMS, the global leader in supplying router equipment for managing Internet traffic, may have come close to breaking the bank in agreeing overnight on Tuesday to pay $6.9bn in stock for Cerent, a California-based telecoms networking start-up.

Shares soar in Freeserve stampede

THOUSANDS OF British Internet users saw the value of their shares rocket by 43 per cent yesterday afternoon within minutes of the start of trading in shares in Freeserve, the Internet service provider.

Focus: Billion dollar brains behind the Net

JOE SCHOENDORF has every reason to be happy. His Silicon Valley venture capital company, Accel Partners, floated four Internet-related companies on the public market in May - generally regarded as a slowdown month in the great Internet stock bonanza - and all are capitalised at between $1bn and $3bn.

Blair is still peddling social elitism

There is a lie at the heart of New Labour's plans to modernise the economy that could undermine its policies and cause the same kind of rot from within that turned Thatcherism into a hollow stalk of itself. The lie is that the Government is moving to make to the most of the nation's human capital.

GEC mounts net offensive

By swooping on a US technology firm, the one-time defence giant could become a force on the internet. Peter Koenig reports

Business Book Of The Week: Nuggets from the new frontier

Silicon Gold Rush

Hi-tech dreams begin to fade

British firms are still trailing the American giants despite hopes that Labour would kick-start the sector. Peter Koenig reports

Personal Finance: Wireless wonders

The latest news from the Motley Fool

Scotland chosen

CISCO SYSTEMS has selected Scotland for its first research and manufacturing facilities outside North America. The giant US Internet group is investing more than pounds 10m in a move that will create at least 160 hi-tech jobs.

C&W in a game of catch-up

With the Vodafone deal done and dusted, Cable & Wireless could be the next hot tip in telecommunications, writes Peter Koenig

Golf: New look as tour rakes in big money

EVER SINCE just eight professionals gathered at Prestwick in October 1860, the concept of the best players in the game playing against each other to decide a worthy champion has been a familiar one in golf. But so has tradition, and though the 128th staging of the Open Championship, which returns to Carnoustie for the first time in 24 years, will remain the centrepiece of the 1999 season, change is in the air.

Investment: Digital TV shifts Pace into the red

PACE MICRO TECHNOLOGY, the supplier of television decoders, yesterday appeared to draw a line under its troubled past when it returned to profit and painted a rosy picture of its prospects in the digital television age.
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Prices correct as of 30 January 2015
Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing