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IT insolvencies rise as UK heads back into recession
The number of IT firms hitting the wall grew last month revealing the cost to businesses of struggling to keep trading in a double-dip recession. The latest insolvency figures from Experian might have shown that overall across the economy things rem... News
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Business unit star performer for Virgin Media
Virgin Media Business (VMB)has been hailed as the star performer in comms provider Virgin Media's latest quarter, with 7.1% growth in unit salesto £170.4m contributingclose to50% of the group's overall growth. Total Virgin Mediasales grew 2.4% ... News
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Apple sour on PC tablet convergence
Tim Cook has dismissed the idea thatApple may look to converge its iPad and MacBook lines in the future,and said that while other endpoint hardware vendors may try to go down that route, it would likely be "from a defensive point of view." ... News
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OpenStack not yet a mature competitor, says VMware CEO
VMware CEO Paul Maritz has dismissed Rackspace's OpenStack cloud computing project as "relatively immature" and not yet a competitive threat to the vSphere environment, saying that VMware's greater, nearer-term challenge will come from Micr... News
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In-depth: HMRC goes real time
Soon to be compulsory, employers need to know about Real Time Information (RTI), a project launched by the government some 18 months ago to overhaul the way PAYE is run in the UK, writes Jason Piper. The PAYE system has been with us since 1944 havin... News
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Notion to back cloud firms with $150m investment fund
Investment specialist Notion Capital has unveiled plans to invest up to $150m in cloud computing and Software as a service (SaaS) companies in the UK and Europe. The venture capitalist has already invested $50m in 10 firms so far, including Brightpe... News
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Palo Alto in $175m IPO bid
Network security vendor Palo Alto Networks has taken the first step along the road to going public, filing a registration statement with the SEC ahead of an IPO that it is thought could value the fast-growing enterprise firewall specialist at as much... News
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Gartner revises quarterly IT forecast down on dollar fears
Worldwide IT spending now looks set to hit $3.7tn (£2.3tn) for 2012, up 2.5% on 2011 but down by 0.2% on previous estimates, according to Gartner's latest market outlook. However the lowered growth rate has more to do with the growing strength ... News
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UK economy pulls back from brink of double dip
Fears of a double dip recession have receeded slightly after the latest UK Services Purchasing Manager's Index (PMI) from Markit and the Chartered Institute of Purchase and Supply (CIPS) showed the economy grew at its strongest rate in the first quar... News
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Cashflow problems threaten to stall SME growth ambitions
Cashflow continues to be a problem for businesses struggling to get through the recession and could be holding back growth. The warning comes from the British Chambers of Commerce (BCC) which has said that there are many reasons to be optimistic and... News