By John Walker on January 24, 2011
Tencent announced the establishment of Tencent Collaboration Fund (the “Fund”) which aims to invest up to RMB 5 billion in innovative and top-notch Internet and related companies in China. The Fund will operate as an internal fund of Tencent and will be invested when appropriate opportunities arise.
The Fund is intended to provide capital support for [...]
Posted in Asia, Financial Resources, Grants and Funding Pronouncements, Ideas and Innovation, Information Technology, Internet Services, Procurement, Product Research and Development, Sales, Mergers & Acquisitions, Technology | Tagged Ma Huateng, Martin Lau, Paipai, QQ Mall, Qzone, Richard Peng, Tencent, Tencent Collaboration Fund, Tencent Microblog, TenPay |
By John Walker on January 19, 2011
Rackspace® Hosting (NYSE: RAX), the world leader in the hosting and cloud computing industry, today announced the launch of its cloud infrastructure to provide customers with a European based infrastructure for their cloud-based data footprint.
“Our US-based Rackspace cloud has already been hugely successful, with over 100,000 customers globally now taking advantage of our hosted cloud [...]
Posted in Business Software, Critical Infrastructure, E-commerce, Europe, Expansion, Fashion, Trends and Memes, IT and Telecommunications Services, Ideas and Innovation, Information Security, Information Technology, Procurement, Product Launches, Technology, UK | Tagged Cloud Computing, Rackspace |
By John Walker on November 23, 2010
The UK general insurance industry standards and IT body Polaris U.K. Ltd have launched a new website for their customers.
Polaris Managing Director Martin McLachlan commented, “Over time we have built up a number of discrete and different looking websites for our customers, covering Polaris and ProductWriter, standards and imarket. Based on feedback from insurers and [...]
Posted in Business Software, Equipment & Operational Resources, Financial Services, IT and Telecommunications Services, Insurance, Market Research, Procurement, Product Launches, Product Research and Development, Technology, UK | Tagged imarket, Polaris U.K. Ltd, ProductWriter |
By John Walker on November 22, 2010
Britain’s 1.4m freelance workers love life, are happier with their health, their financial situation, their prospects and their wife, husband or partners!
A ComRes survey published today (Nov 22nd) shows that nearly three-quarters (73%) of the 1,624 polled had actively chosen to become freelancers as a long-term career option in a survey to celebrate National Freelancers [...]
Posted in Employment Levels, Freelancers, Human Resources, Outsourcing, Procurement, Production, Recruitment, Surveys, UK | Tagged family friendly employers, PCG, statistics, trends |
By John Walker on October 19, 2010
Advanced Computer Software Group plc (Advanced) has announced the launch of www.csr10.com, a ‘one stop shop’ resource about the Comprehensive Spending Review.
The Comprehensive Spending Review 2010, which will be announced on 20 October 2010, will deliver significant public sector budget cuts, forcing Government departments and public sector organisations to make spending cuts of up to [...]
Posted in Economic Cycles, Ideas and Innovation, Information Technology, Notable Dates, Politics & Legislation, Procurement, Product Launches, Public Sector, Public Spending and State Aid, Taxation, UK | Tagged Advanced Computer Software Group plc, Cloud Computing, Comprehensive Spending Review, Cost Cutting, cuts, finance, government reviews, trends |
By John Walker on December 9, 2009
The UK Chancellor of the Exchequer, Alistair Darling, introduced a temporary lower rate of VAT in last year’s pre budget report.
There was some speculation that he might have extended this reduction beyond the original term. However, in today’s pre-budget report statement to the House of Commons, he said:
I can confirm that VAT will return to [...]
Posted in Procurement, Professional and Business Services, Sales, Taxation, UK, UK Budget | Tagged Alistair Darling, Chancellor of the Exchequer |
By John Walker on November 5, 2009
When adding up all costs for IT equipment, software and any other related technology that your new business might need, you’ll probably factor in some sort of office suite. This generally consists of a Word Processor, Spreadsheet, a Drawing application and perhaps a Database.
Indeed, all of these products are vital to any organisation, but the [...]
Posted in Business Software, Financial Capital, Ideas and Innovation, Information Technology, Procurement, Technology, Worldwide | Tagged Cost Cutting, Open Source |
By John Walker on April 20, 2009
Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun’s cash and debt.
“We expect this acquisition to be accretive [...]
Posted in Brands, Business Banking, Business Software, Contact Management, Critical Infrastructure, Customer Support, Deals and Agreements, Distribution Channels, E-commerce, Financial Capital, Governance, IT and Telecommunications Services, Information Security, Information Technology, Intellectual Property, North America, People and Players, Procurement, Product Research and Development, Production, Production Facilities, Project Management, Public Limited Companies - PLCs, Recruitment, Sales, Mergers & Acquisitions, Technology, Worldwide | Tagged audio webcast, Cloud Computing, Java, Open Source, Oracle Corporation, Oracle Fusion Middleware, Solaris, Sun Microsystems |
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