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Friday 11th of June 2010

News Tag: technology

June 2, 2010

500 further jobs set to go at RBS

by Kay Murchie
”500
Royal Bank of Scotland (RBS), which is 84% state-owned, has today announced it will axe a further 500 positions within its wealth management division, as part of its three-year restructuring plan. Since its bailout at the height of the financial crisis, the bank has shed approximately 23,100 jobs and today’s announcement comes less than a month after the bank ...



June 1, 2010

Hewlett-Packard announces thousands of job losses

by Kay Murchie
”Hewlett-Packard
The world’s largest technology company by sales, Hewlett-Packard (HP), has today announced it is to reduce headcount by 9,000. The Palo Alto, California-based company said the job losses will be the result of productivity gains and automation, in order to provide "next-generation services" which will benefit clients. It said: "As a result of productivity gains and automation, HP expects to eliminate roughly ...



April 22, 2010

iPhone app makes ethical shopping simple

by David Masters
iPhone app makes ethical shopping simple
Ethical shopping just got easier with a new iPhone app designed to help consumers who want to be socially responsible in their buying habits. Barcoo gives the ethical profile for the company behind any product simply by scanning that product's barcode using the iPhone's built-in camera. Information included in the profile includes the company's social responsibility rating, ethical credentials, and how it treats ...



April 14, 2010

Intel sees Q1 profits quadruple

by Kay Murchie
”Intel
Chipmaker Intel has reported record results for the first three months of 2010, boosted by demand for new chips for computer servers. The company, which is based in Santa Clara, California, said profits quarter one profits increased almost fourfold with net income totalling $2.4 billion (£1.5 billion), compared with $629 million in the same period a year earlier. Intel is kicking off the ...



November 23, 2009

Younger generation prefers mobile banking

by David Masters
Younger generation prefers mobile banking
Mobile phone applications (apps) that allow users to access their bank accounts and pay for goods are the next step in the personal finance technology revolution, the Mobile Data Association (MDA) claimed this week. MDA chairperson Steve Reynolds said demand for mobile banking will be driven by the "younger generation", who are more familiar with using their phone to make purchases. "If you look ...



July 1, 2009

Government allocates £1bn for new businesses

by David Masters
Government allocates £1bn for new businesses
The government has announced plans to set up a venture capital fund to be worth an estimated £1 billion over the next ten years. The Department for Business, Innovation and Skills said the money will be targeted at small businesses and start-ups in the technology sector. Priority will be given to companies with high growth potential and a focus on the digital ...



January 8, 2009

Barclaycard to issue contactless debit cards

by David Masters
Barclaycard to issue contactless debit cards
Barclaycard has reported that most debit cards it issues from March will contain contactless technology as standard. Contactless cards enable users to pay for shopping under £10 by simply holding the card up to a terminal without taking it out of their wallet. The payment is debited from their account as it would be for any debit card purchase. The cards will also feature ...



September 18, 2008

Brand Finance reveals impact of credit crunch on leading brands

by Kay Murchie
”Brand
Independent brand valuation consultancy, Brand Finance plc, has revealed the extent the credit crunch has had on the technology sector after the economic downturn has wiped $67 billion (£37.5 billion) off the top 100 global and US brands. In March this year, the organisation published its report on the 500 most valuable Global Brands. The effective valuation date ...