NAB has announced a cash profit of AU$5.94 billion, up 9 percent on the September 2012 AU$5.4 billion figure. The cash profit, a measure that banks use to reflect underlying performance, rose in the year to September 30 as the bank contained costs and reduced bad debts relating to its troubled UK business. The bank's net profit, which includes one-off financial items, was AU$5.45 billion, up 33.6 percent from AU$4.08 billion in the previous year. During the year, the company invested AU$200 million in software related to its new NextGen core banking platform, and launched the first products to be based on NextGen: The fully automated online application, UBank Usaver Ultra; and NABTrade, an online trading platform targeted at self-managed super funds. The company has undergone a number of consolidation projects, taking four international payment gateways into a single gateway, merging 3,000 employees into a centralised banking operations and technology team, and starting the migration … [Read more...] about NAB happy with core banking transformation as profits rise
02 debt management team
Dell said it will acquire EMC for about $67 billion in cash and stock in what equates to a bet that bigger is better in enterprise technology and hybrid data centers. The combination of Dell and EMC will create the largest "privately-controlled, integrated technology company." Here's the big question: Will bigger necessarily be better for enterprise customers? EMC and Dell are creating a mega-vendor just as other technology players such as Hewlett-Packard and eBay are splitting up to compete with nimbler rivals. EMC shareholders will get $24.05 a share in cash and a tracking stock that represents VMware. EMC owns a majority stake in the virtualization giant. EMC shareholders will get 0.111 shares of the VMware tracking stock for each EMC share they own. Add it up and EMC shareholders get about $33.15 a share in cash and the tracking stock of VMware, which remains a publicly traded independent company. Dell plans to increase its interest in VMware over time. The deal, which is … [Read more...] about Dell buys EMC for $67 billion: Will bigger be better?
100. Hotline Miami (2012) Platform: Microsoft WindowsHotline Miami is violent—really violent—but in a way that makes it ooze atmosphere: pulsing neon, pumping electronica, and blood splattered on the walls, and the floor, and you. You play as a thug fighting his way through room after room of men with guns and knives and every other murder-tool you can think of. You're not timed, but you must move quickl, because every room you enter requires mowing down enemies in a matter of seconds — lest the hail of bullets leaves you as the one splayed on the ground. Advertisement - Continue Reading Below Advertisement - Continue Reading Below 99. TowerFall (2013) Platform: OuyaOne of the only games to make buying an Ouya worthwhile (at least until it came to Steam and PS4 in 2014), TowerFall proved that multiplayer gaming could thrive on the couch, not just online. Inspired more by Super Smash Brothers than Street Fighter, this 2D arena fighter takes fighting games and … [Read more...] about The 100 Greatest Video Games of All Time