SoftBank Vision Fund posts ¥3.5 trillion loss for last fiscal year
SoftBank CEO Masayoshi Son said the company and its fund should be taking a defensive posture.
SoftBank CEO Masayoshi Son said the company and its fund should be taking a defensive posture.
IT, software and computer companies are certainly not without their share of poor executive decisions and mismanagement. While dozens of notable examples could have made our list, these were by far the top top 10 worst in the history of the technology industry, causing many billions of dollars of lost revenue or resulted in the downfall of entire companies.
BNPL can be a lifeline but shouldn't be used to make financial troubles a 'future you' problem.
Singapore bank will invest S$15 million in the IBM cognitive computing technology, targeted for rollout by year-end, to improve customer interaction, becoming the region's first Watson customer.
The yellow bank has multiple accounts on customers, but it's making cleaning up their problem.
If electronic money is just data, nothing physically stops a currency holder trying to spend it twice. Enter the Bitcoin blockchain.
The company has introduced a technology and transformation function to drive its digital-first agenda.
The rollout and operation of Australia's next-generation real-time central financial payments clearing ecosystem could cost the local financial services industry in excess of AU$1 billion over a 12-year period, according to Australian Payments Clearing Association chief Chris Hamilton.
During the half year, net profit after tax dipped 24% to AU$490 million while cash earnings increased by 40% to AU$509 million.
IBM needs to make sure the core value of integration, a mainstay of its WebSphere brands, does not slide up and out of the enterprises data center and then become controlled then by the likes of cloud leaders Google, Microsoft, Amazon and Salesforce.com. I guess we can think of Cast Iron as a way to bring WebSphere to cloud integrations.