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Spotify eye IPO

spotify

Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at as much as $8 billion. [Read more…]

Organisations Struggle Over Cloud Services

Cloud Services

ISACA, a non-profit association of 100,000 IT professionals in 180 countries, today released further insights from its 2012 IT Risk/Reward Barometer. The study, conducted amongst 4,500 IT professionals from 83 countries, many of whom are of senior management level or higher, reveals that organisations remain sceptical when it comes to cloud services-especially public cloud computing. The overarching trend is that businesses see numerous benefits for adopting cloud services; however, the perceived risk cause them concern. [Read more…]

IBM Announces New Virtual Desktop solutions

IBM workplace

IBM workplace

Building on four decades of industry leadership in large scale virtualization, IBM (NYSE: IBM) today announced a set of flexible workplace solutions that enable clients to create a simple, cost-effective environment that allows employees to use any device to access workplace applications anytime and anyplace. [Read more…]

Daily Deals Size Of UK Industry

Daily Deals

Trade body provides insight into daily deals industry ahead of tonight’s Apprentice task.

As Lord Sugar’s final seven candidates enter the booming daily deals industry for a day, the Global Daily Deal Association (GDDA) reveals the extent of this expanding sector for the first time. [Read more…]

Kodak files for bankruptcy

Kodak files for bankruptcy

Kodak files for bankruptcy

Eastman Kodak Co, the photography icon that invented the hand-held camera, has filed for bankruptcy protection and plans to shrink significantly after a prolonged plunge for one of America’s best-known companies. [Read more…]

Apple gains company strength

Stock market turmoil in Wall Street has helped Apple pip oil group Exxon to become the world’s most valuable company.

The tech company has been closing in on Exxon for some time and was “just” $50bn (£30bn) away from taking the lead when it reported yet another quarter of record-breaking earnings on 19 July. [Read more…]