Sectors
IBM betting $1.2B on its cloud services through acquisition
IBM will be investing $1.2 billion to bolster its $2 billion purchase of SoftLayer Technologies last year, a business which it is betting on for growth, Bloomberg reported.
Yahoo Editor-in-Chief Jai Singh quits
Yahoo's Editor-in-Chief Jai Singh resigned from the company due to an unconfirmed reason, on the heels of the news that the company's chief operating officer has been fired.
Aquaint eyes distressed property assets in Australia -sources
Singapore-Malay asset manager and property investor Aquaint Capital is looking to raise fresh capital to acquire distressed property assets across Australia, according to sources familiar with the matter.
Cisco report says 14pct increase seen in cyber attacks in 2013
Cyber attacks increased 14% last year as hackers look to firms in the pharmaceuticals, mining and electronics industries which are rich repositories of intellectual property, the Financial Times reported.




