capital
RSS capitalICL and Nomura call off asset talks
News Several Nomura mortgage finance executives left its property finance subsidiary, Capital Company of America, after it announced a half-yearly loss in September of $275m. Talks between ICL and Nomura have been called off... [23 Nov 1998]
MCI WorldCom to plough $500m into high-tech start-ups
News Chairman Bert Roberts said the venture capital would be used to "nurture the little companies [and] new technologies". MCI WorldCom will shortly announce a $500m fund for technology start-ups according to the Financial... [20 Nov 1998]
Suffolk commuters get real-time infosystem
News Suffolk train travellers are to get access to a £1.6m real-time travel information system funded by the UK government's Capital Challenge scheme. The Real Time Passenger Information project (RTPI), managed by Suffolk... [17 Nov 1998]
Capital gets speedy with online music delivery
News Capital Radio has signed a deal with Telstar to create an online music store. The service is due to go live tomorrow through the Capital Radio Web site and will offer shoppers access to 220,000 music... [06 Nov 1998]
IT chiefs beaten in City Challenge
News Competitors from Cisco, Keltec, Azlan and Internet Work Support gave their best, but 3i venture capital won the day. Sadly, IT heavyweights were beaten by non-tech teams in the Cisco City Challenge, held over the weekend... [19 Oct 1998]
Blair fails to get Chinese blockade on BBC lifted
News The BBC itself reported that listeners in the Chinese capital, Beijing, are currently unable to receive broadcasts over the Net in real audio. Despite a successful visit by UK Prime Minister Tony Blair, Chinese... [16 Oct 1998]
Cisco launches European ecommerce division
News Our aim is to accelerate the transfer of our intellectual capital," she said. Cisco has created a business division called The Internet Business Solutions Group (IBSG). The thinking behind the move is to transfer what it... [30 Sep 1998]
Jacques Santer tells European leaders to invest in IT
News Although venture capital is developing in the EU, it is at far too slow a rate to significantly dent the employment problems we have," Santer said. Jacques Santer, President of the EC, is warning European leaders that... [23 Sep 1998]
Matsushita falls victim to spiralling chip crisis
News As part of an effort to slash capital spending by 40 per cent over the next four years the company will also delay constructing another new plant, the newspaper reports. Matsushita Electronics - famous for its Panasonic... [22 Sep 1998]
UK Audit Commission slams PFIs
News But they may have no choice, especially if the government requires some sort of massive investment in say healthcare or education, but is not giving out the capital investment. Public condemnation of the UK... [18 Sep 1998]
In brief: French firm offers voice services over cable network
News According to reports, the Bank of America and GE Capital are closely involved in the scheme which will offer voice services over cable network subsidiary, Numericable. French television company Canal+ is planning to... [17 Sep 1998]
High-tech high flyers get helping hand
News Deloitte & Touche reckons the programme will ensure companies realise they are not working in isolation, allowing them to network properly, and eventually even gain access to venture capital funds. [26 Aug 1998]
One2One invests £900m in UK network
News The company - which is co-owned by Cable & Wireless and Media One International, a division of Baby Bell US West - said it had raised part of the capital through funding from the European Investment Bank (EIB). [19 Aug 1998]
Malaysian economy dips after riot rumours
News The cyber-rumours are reported to have caused a dip in the national currency when speculators became jumpy about the possibility of unrest in the capital. A Malaysian Embassy official told Silicon News on Tuesday... [12 Aug 1998]
Compel wins £75m BBC outsourcing contract
News According to sources, Compel beat off stiff competition from services heavyweights such as Computacenter and GE Capital. The BBC has awarded a PC supply and services contract for 18,000 users to systems integrator, Compel. [10 Aug 1998]
