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Finance and Reporting

Hadoop distributor MapR aiming for late 2015 IPO

MapR, the Hadoop distribution that competes with Cloudera and HortonWorks, is eyeing a late 2015 initial public offering, according to its founder and CEO John Schroeder. The firm is looking to exploit the hype around the Hadoop data management market which has seen MapR’s competition already make its mark; Cloudera received a $740m investment from Intel for 18 per cent ... Read More »

Intel revenue buoyed by strong Q4 but PC business flatlines

Intel shares have dropped after the chip manufacturer’s revenues in its core PC business dropped three per cent to £8.9bn in the firm’s final-quarter report for 2014. It comes after global PC shipments fell by 2.4 per cent during the fourth quarter of the year, marking another three-month period where sales of the devices continued to decline. However, the drop ... Read More »

Apple posts biggest quarterly profits of any public company

Our seven must-read IT stories this week: fantasy football foul-up, RBS data lake and Internet of Cillit Bang Read More »

Microsoft second quarter profits fall 10 per cent

Microsoft has reported second-quarter profits of $5.86bn, which represents a 10 per cent decline on the same quarter in 2014. Microsoft’s official financial release cites “integration and restructuring”, at a cost of $243m, as accounting for much of the decrease. “Integration and restructuring expenses were $243m during the three months ended 31 December 2014,” said Microsoft. “Integration and restructuring expenses ... Read More »

Government assessing benefits of data-sharing and open data in banking

The Safe Harbour standoff: views down the barrel of a gun Read More »

EMC: unspecified number of staff face the chop

‘A whole new world’: How Chef DevOps tools help JustGiving make new deployments in minutes Read More »

Qualcomm pays out $975m to Chinese government in antitrust settlement

BBC spent £500,000 on failed tribunal defence over sacking of CTO John Linwood Read More »

RBS Group introduces fingerprint security for mobile banking

The RBS Group has launched a service for customers of RBS and NatWest banks that allows them to protect their mobile banking apps through the use of fingerprint-based security. RBS and NatWest will be the first UK banks to offer this service, but only to customers who own an Apple iPhone 5S, iPhone 6 or iPhone 6 running on iOS8. ... Read More »

How got started in big data

For a long time, each department at viewed the customer in a different way. The online team, for example, thought of the customer as just one of a number of visitors to the site, while the loyalty department thought of the customer as a registered user. But the company wanted to alter this in order to get a more ... Read More »

Paint by numbers: Why Farrow & Ball is holding out for IFS Applications 9

If you’re redecorating and in possession of a certain budget, you’ve probably heard of Farrow Ball. Producing “heritage” paint and wallpaper since 1930, the company has experienced rapid growth in recent years in which ERP firm IFS has played a significant role. “We were at a point where we were experiencing outstanding financial growth and expansion – and that’s ongoing”, explains ... Read More »

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