Latest Articlesby Leo King

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News Corp 'hacked ONdigital smartcards to undermine rival'

A unit of Rupert Murdoch's News Corporation allegedly cracked the smartcard codes of ONdigital in a bid to undermine the company's success, according to claims aired on BBC's Panorama programme. read more »

IT industry gives tentative thumbs up to Budget

Chancellor George Osborne's Budget was generally positive for those working in or selling technology, and offered more support to small businesses, according to the IT industry. read more »

Budget: UK will become Europe's technology centre, claims Chancellor

Chancellor George Osborne insisted in today's Budget that the UK will become "Europe's technology centre". read more »

Budget: IT industry wants infrastructure, tax breaks and SME support

Chancellor George Osborne will announce the Budget at 12.30, and IT businesses are calling for useful tax breaks and good national infrastructure, with support for small enterprises. read more »

UPS and TNT technology to deliver on multimillion pound merger savings

Delivery firm UPS is set to acquire rival TNT Express for €5.2 billion (£4.3 billion), with merged IT and process standardisation crucial to its success. read more »

Misys to be sold to Vista Equity Partners for £1.3bn

Misys has agreed to be bought by Vista Equity Partners for £1.27 billion. read more »

Bank of England: Proper data tagging still urgently needed to stop institutions collapsing

Bank trades still lack proper, consistent data tagging that would enable regulators to detect stress signs and help prevent financial institutions from collapsing, according to a top Bank of England official. read more »

FIX Protocol service pack to reconcile key financial trading data

Service Pack 3 of the FIX 5.0 trade messaging standard will aim to incorporate a raft of recent extension packs and help firms reconcile and manage key data. read more »

Google search to be overhauled

Google is overhauling its search engine to provide a more direct answer to user queries, rather than just supplying web links. read more »

'Outdated' police IT severely hampered riot control

The Metropolitan Police's control room IT is so outdated that the force was unable to see the latest situation on the ground during last summer's riots. read more »

Stock brokers: IT arms race no longer most important battle

The "arms race" for the fastest systems is no longer the key battle for financial traders to fight, according to high profile brokers and hedge funds. read more »

Goldman Sachs execs insulted clients over internal email, claims ex-equity chief

Managing directors at Goldman Sachs openly insulted clients on internal emails, according to the comments of a high profile employee leaving the company. read more »

G-Cloud service ratings 'more transparent than holiday stars style'

Chris Chant, director of the government's G-cloud initiative for cloud computing, has insisted the service offers vital ratings that were more useful than standard online stars, such as those used by holiday makers on hotel comparison sites. read more »

GlaxoSmithKline develops digital delivery with standardised processes

Pharmaceutical giant GlaxoSmithKline (GSK) has signed outsourcing deals with IT supplier Infosys and Fabric Worldwide – part of the WPP advertising agency – in order to improve its delivery of content online. read more »

Misys-Temenos merger scrapped

Temenos has pulled out of a major bid to merge with UK software giant Misys. read more »

London Stock Exchange targets improved IT purchasing scale with LCH.Clearnet stake

The London Stock Exchange – which today announced it was taking a 60 percent controlling stake in clearing firm LCH.Clearnet, for £386 million – is expecting to draw on its larger scale for improved IT purchasing. read more »

Thomson Reuters hits fresh EU hurdle over data codes

Thomson Reuters, which has proposed a number of changes to the financial codes in its feeds in response to competition concerns, has been informed by Europe's top antitrust official that the modifications are not enough. read more »

NHS pushes IT decisions locally but has no funding plan

The NHS is set to push IT decision making locally, but the government has not yet decided on a funding regime. read more »

Somerset insources 160 staff from troubled Southwest One

Somerset County Council is set to bring back some 160 staff from its troubled Southwest One outsourcing venture with IBM. read more »

Citi considering supercomputer analytics

Citigroup is planning to use an IBM Watson supercomputer to drive better analytics. read more »

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