Young tech tycoons
We imagine it's good times pretty much all the time when you're a billionaire who still qualifies for a Young Person's Railcard. But the recent Forbes rich list brought some official recognition to an ever-increasing troop of young tech magnates.
This year saw a record 46 billionaires aged under 40, including Facebook chief Mark Zuckerberg (30) and WhatsApp frontman Jan Koum (39). But the most fresh-faced of them all was 24-year-old Evan Spiegel who co-founded Snapchat.
As finger-on-the pulse tech journos, we'd like to stress we definitely know what Chapsmat is. In fact, just this morning we Sacksnapped our friend a wicked-sick meme #YOLO #jussayin.
UK IBM staff
Some IBMers affected by changes to a controversial pension scheme in 2009 have finally been handed some good news. IBM's "Project Waltz" initiative was launched in 2009 to cut pension and retirement benefits for about 5,000 staff to save cash amid the financial crisis.
The changes upset affected staff and prompted a legal battle, the latest twist of which saw a judge rule that those affected could in theory claim damages. But vindicated staff looking to book a Caribbean cruise should hold fire for now as the judge did not determine whether individuals actually suffered any recoverable loss.
It's champagne all round at IT leasing firm Syscap, which claims its sale to mutual financial services outfit Wesleyan will boost its access to liquidity.
"What has constrained us and other independents in the recent past is access to capital," Syscap boss Philip White beamed.
"Working as part of a group with £6bn of assets under management that's looking to deploy capital is a great opportunity for the channel."
With Wesleyan looking to diversify into asset finance, it looks like White's white knight has also done quite alright.
The Fiorentino bros
Just a few short years ago Carl and Gilbert Fiorentino appeared to have it all: bigwig executive jobs, a lavish Miami lifestyle of sports cars and luxury yachts, and millions of dollars pouring in.
Unfortunately, the money was reportedly accrued from bribes and kickbacks, with Carl trousering as much as $9.5m from one supplier alone. The duo - who held senior posts at reseller titan Systemax - had the whistle blown on them in 2011, and last week were finally sent to jail. Gilbert was handed a five-year sentence, while his older brother got a year longer.
Their lifestyle will doubtless be more modest in their new home.
If Lenovo was looking to ease concerns over its Chinese ownership, loading some of its consumer laptops with third-party adware that snoops on personal data probably wasn't the best play. One analyst called it "hugely damaging".
After a public outcry and red faces all round at Lenovo HQ, the vendor is now on a mission to simultaneously establish itself as the most trustworthy company on the planet and eliminate the pesky Superfish software by offering customers an automatic removal tool and free subscriptions to anti-virus software. Disaster averted? We shall see.
Brit security vendors
British outfits fared poorly in a new list of the world's 500 hottest security vendors and, to add insult to injury, Blighty's top representative, Clearswift, was mislabelled as a US firm.
Eighty of the top 100 outfits in the first edition of the "Cybersecurity500" were US firms, with the top four all based in California.
Clearswift was the highest-ranked UK-based outfit, placing 78th, although it had been miscategorised as being from Mount Laurel, New Jersey, while the hometown of Wetherby-based Swivel Secure had also been misspelled. We mischievously wonder whether more non-US firms would have made the grade had the market intelligence firm behind it - Cybersecurity Ventures - not been based in Silicon Valley.
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