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.
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Ten catastrophes: All-time worst tech industry executive decisions
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.
Buy Now, Pay Later: Flexible payments for inflationary times, or a road to debt?
BNPL can be a lifeline but shouldn't be used to make financial troubles a 'future you' problem.
DBS Bank is IBM's first Watson customer in Asia
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.
Commonwealth Bank's data-cleansing project: A customer problem
The yellow bank has multiple accounts on customers, but it's making cleaning up their problem.
How it works: Blockchain explained in 500 words
If electronic money is just data, nothing physically stops a currency holder trying to spend it twice. Enter the Bitcoin blockchain.
Suncorp Group rejigs operating model to fast-track digital and data transformation
The company has introduced a technology and transformation function to drive its digital-first agenda.
Australian payments clearing system overhaul to cost AU$1b
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.
Suncorp's digital transformation saw it splash out AU$10m on tech during 1H21
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 to build out hub for cloud of clouds with Cast Iron acquisition
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.
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