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LG Buys 51% Stake in Rolls-Royce Ohio Fuel Cell Unit, Forming New JV
Rolls Royce & LG LONDON - Rolls-Royce Holdings PLC (RR.LN), the power systems company, Thursday announced that LG Electronics Inc, the electronics, chemicals and telecommunications conglomerate, invested 45 million dollars in a 51% stake in ...
Ferry Systems Look to Switch to Natural Gas
The ferry managers said they look to Norway for inspiration. Ferry operators there have been using LNG for more than a decade and more new boats are on the way.
Serco acquires Vertex's UK public sector wing
Outsourcing services provider Serco has acquired UK public sector business of business process outsourcing and IT services company Vertex for �56 million in cash.
Irish deputy gave €500k winery to brother at same time he refused to pay €1.4m tax
Tax-dodging Deputy Mick Wallace is facing fresh questions over the way he transferred a €500,000 Italian villa and vineyard to his brother - at the same time he was refusing to pay €1.4m to the Revenue.
NatWest crash caused by 'in-house' software glitch
Last week's catastrophic IT failure at RBS, NatWest and Ulster Bank was caused by a failed software update to the banks' in-house systems, according to reports.
NHS Trust receives largest ever data breach fine
An NHS Trust in Brighton has been served with the largest ever fine issued by the Information Commissioner, after hospital hard drives containing sensitive patient data were sold on eBay. and Oracle buy social marketing firms and Oracle have each acquired companies whose technology helps companies use social media as a marketing channel. Yesterday, SaaS CRM provider Salesforce.
Government reveals huge IT procurement framework
The Government Procurement Service has announced a forthcoming procurement framework that will allow all government departments to buy a vast range of IT services.
Logica sale an 'indictment' of UK IT industry
The past six months have seen many of the remaining large IT suppliers in the UK acquired by foreign companies. In August 2011, Hewlett-Packard acquired information management software provider Autonomy, while earlier this year banking software ...
Advertising at the speed of light
The Internet has changed advertising from an art (of sorts) to a science. The digital nature of online advertising allows companies to analyse what works and what does not in ever increasing detail.