Bloomberg has drafted in the help of a former head of IBM to undertake an internal review following damaging revelations that journalists with its news agency accessed private information about how users of its financial terminals used the commercial service.
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Saturday 13 August 2011
Back in the late 1950s, the then head of IBM, Thomas J Watson, was rumoured to have predicted a potential world market for "maybe five computers", an estimate that illustrates how radically the role of the computer has changed.
Wednesday 20 July 2011
With bid speculation swirling around the London Stock Exchange (LSE) since its planned merger with TMX fell apart in June, last night the bourse was pushed up the mid-tier index as vague rumours spread that it could receive an approach from its Hong Kong peer.
Wednesday 22 June 2011
Friday 03 June 2011
The Chinese computer manufacturer Lenovo is set to increase its share of the European market after agreeing to take over the German electronics retailer Medion in a $900m (£550m) deal.
Friday 29 April 2011
Private equity group Bain Capital is targeting software group Micro Focus International and is preparing an offer that could be as much as £890m.
Soapbox: 'The most successful time for a company is also its most dangerous. The reasons for its success can be its downfall'
Wednesday 20 April 2011
Business history is littered with highly successful and admired companies that then went into decline and ended up beset by crises and outrun by the competition. They failed to understand that the most successful time in a company's life is its most dangerous time, because the very reasons for its success can also be the seeds of its downfall.
Thursday 17 February 2011
There aren't many quiz shows where the stakes are high for anyone but the participants but in the special episodes of Jeopardy! on American television this week, the hundreds of thousands of dollars in prize money are very much an afterthought. The real prize: humanity's continued supremacy in the ongoing struggle to preserve our status against computers. And, last night it was confirmed: man has been trumped by machine.
Wednesday 16 February 2011
IBM's 'Watson' supercomputer competes against top human competitors on 'Jeopardy' to test the use of artificial intelligence .
Saturday 01 January 2011
For thousands of hopeful commuters in China's capital, 2011 started with a click, not a bang.
Sunday 17 October 2010
Benoit Mandelbrot, the Polish-born mathematician who played a central role in Chaos theory, has died at his home in Cambridge, Massachusetts, aged 85, of cancer.
Tuesday 10 August 2010
Monday 09 August 2010
Mark Papermaster, the Apple executive in charge of iPhone engineering, has left the company weeks after the "Antennagate" controversy over complaints of poor reception on the company's latest smartphone.
Friday 29 January 2010
Microsoft posted a bigger-than-expected 60 per cent jump in quarterly profit, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year.
Monday 25 January 2010
Gordon Brown said he did not want the recession to herald a repeat of the "lost generation of the 1980s" as he welcomed a new employment scheme for young people.
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