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Industry News

Monday, February 06, 2012
Russia’s answer to Silcone Valley planned
Viktor Vekselberg, one of Russia’s richest men, is spearheading an initiative to create a Russian rival to Silicone Valley or the UK’s own Tech City. Skolkovo Research and Business Park, expected to cost 6bn, will be used to create an innovation cluster of a university, a research park and a city housing 35,000. It will be Russia’s first PPP (private public partnership) concerning education and enterprise. Construction has already started; the first students are expected in 2014. Multi-billionaire Vekselberg will bring a delegation of executives to the UK next week, in the hope of attracting more international companies and institutions to join the project.
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St. Helens and Knowsley NHS Trust Goes Cloud
St. Helens and Knowsley teaching hospitals have entered into a 1.3 million agreement with EMC Symmetrix to revamp its storage infrastructure. The deal takes 14,000 users into the cloud, providing them with rapid access to patient data such as X-Rays, medical records and clinical scans.
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Friday, February 03, 2012
VeriSign Acknowledges Multiple Security Breaches
VeriSign has acknowledged that it was hacked "repeatedly" by external entities who stole undisclosed information.
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SAP Delay Buyback
SAP delay buyback until SuccessFactors loan repaid
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Sony Warns Huge Annual Loss
Sony has warned it is heading for a bigger-than-expected ¥220bn (£1.8bn) annual loss, presenting a daunting task for incoming chief executive Kazuo Hirai, who has vowed to move quickly to turn things around.
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Facebook Floats
The world's biggest social network is expected to seek a $75 billion to $100 billion valuation in its IPO, the most anticipated stock offering from Silicon Valley since Google Inc went public in 2004.
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Commodities Trader Glencore in Talks to Buy Mining Group Xstrata
Commodities trader Glencore is in talks to buy mining group Xstrata in an all-share transaction that could create a combined group worth more than 50 billion pounds ($79 billion), shaking up the industry with its biggest deal to date.
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Thursday, February 02, 2012
Vodafone and Teleperformance Announce Strategic Partnership
Vodafone and Teleperformance, a UK leader in outsourced customer services, have announced a new strategic partnership which will see Teleperformance taking on some of the work currently managed at Vodafone’s Newark contact centre.
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Serco Signs New Contract With British Army
Serco Group plc, the international service company, announces that it has signed a contract with the UK Ministry of Defence (MOD) to provide training and support to the British Army prior to deployment on operations around the world.
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AstraZeneca Cut 7,500 Jobs
AstraZeneca to cut a further 7,300 jobs This is AstraZeneca's third restructuring programme since 2007.
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