Merrill soars on bet worst could be over July 30, 2008 Shares in embattled US banking titan Merrill Lynch jumped nearly 8 per cent yesterday after the bank agreed to sell a massive debt portfolio at a discount, raising investor hopes it was putting its problems behind it. CEO John Thain has gone back to shareholders to boost the bank’s capital reserves, despite repeated assurances to [...]
Apple boss does not have repeat cancer July 28, 2008 Apple’s chief executive Steve Jobs, who has been dogged by speculation over his health, does not have recurrent cancer or another terminal illness According to a source close to Apple, rumours that Jobs is suffering from cancer are over-exaggerated. The source said it was common for those recovering from pancreatic cancer to experience weight loss, [...]
How to create a new Microsoft and dominate the marketplace July 1, 2008 Bill Gates left Microsoft last week after 33 years dominating the age of PC computing. He got a couple of things right. First of all, when a contemporary, said there would only ever be a couple of computers in the world, Gates saw that in fact it would be a high-volume, low-margin business. Secondly, he [...]
The Phone War October 25, 2005 Richard Branson and Charles Dunstone lead our troops into battle over mobile networks in France. Precisely 200 years after Nelson’s victory at Trafalgar, a new Anglo-French battlefront has opened up, this one over mobile telephone networks. Sir Richard Branson is leading the troops in this latest skirmish. Yesterday, he announced a joint venture with Carphone [...]