Microsoft in £4 billion online marketing writedown

Microsoft has written down the value of an online advertising firm it bought five years ago by £4 billion ($6.2 billion).Microsoft bought Aquantive for $6.3…

Companies need bold action to grow survey finds

The latest survey from the British Chambers of Commerce (BCC) finds that while the UK economy remains weak- businesses are growing.Director general John Longworth called…

Inexperienced Indian tech operative’s blunder led to RBS banking meltdown

A serious error committed by an “inexperienced operative” caused the IT meltdown which crippled the RBS banks last week, a source familiar with the matter…