The BBC reports today that Microsoft is planning to create a whole new operating system called Midori, which is being developed because "Windows is unlikely to be able to cope with the pace of change in future technology and the way people use it." Hence, Midori is being created as an operating system focused upon…
Yesterday’s post prompted me to revisit the part of the BBC’s website with the credit loss timeline to see where we stand today. According to the various announcements, this is the latest list of consolidated subprime losses: Citigroup: $40.7bnUBS: $38bnMerrill Lynch: $31.7bnHSBC: $15.6bnBank of America: $14.9bnMorgan Stanley $12.6bnRoyal Bank of Scotland: $12bnJP Morgan Chase: $9.7bnWashington…
Yesterday’s post prompted me to revisit the part of the BBC’s website with the credit loss timeline to see where we stand today. According to the various announcements, this is the latest list of consolidated subprime losses: Citigroup: $40.7bnUBS: $38bnMerrill Lynch: $31.7bnHSBC: $15.6bnBank of America: $14.9bnMorgan Stanley $12.6bnRoyal Bank of Scotland: $12bnJP Morgan Chase: $9.7bnWashington…
Yesterday’s post prompted me to revisit the part of the BBC’s website with the credit loss timeline to see where we stand today. According to the various announcements, this is the latest list of consolidated subprime losses: Citigroup: $40.7bnUBS: $38bnMerrill Lynch: $31.7bnHSBC: $15.6bnBank of America: $14.9bnMorgan Stanley $12.6bnRoyal Bank of Scotland: $12bnJP Morgan Chase: $9.7bnWashington…
The credit crunch is biting for many of us.From the major subprime losses reported by the banks, to the investment bankers losing their spouses, to the city traders who no longer enjoy their love life, times are bad. Outside the City we also see the issues, from soaring energy prices and inflationary pressures through to…
I met David Birch yesterday, or Dave to his friends, guru of all things to do with mobile and card payments. Lovely chap. What I did not realise is that he’s also seriously subversive and in danger of being exposed to the Government’s new 42-day detention criteria for being a dodgy chappie. What do I…
Simon Deane-Johns pointed out yesterday that Comscore is also useful for looking at internet sites. True. A few of the most recent Comscore news items about banking include: Top Canadian Web Rankings for March 2008 One Out of Three U.K. Internet Users Banked Online in January 2008 Customer Experience Takes Center Stage in Online Banking…
As previously discussed, a new search engine called Cuil (pronounced ‘Cool’) is launched this week. Developed by former Google employees, Cuil claims to be better because it indexes more web pages – 120 billion versus 40 billion – and uses contextual searching to return more accurate results. They also reckon that Cuil is more respectful…
