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Louis Gerstner, man credited with turning around IBM, dies aged 83

Gerstner was chair and CEO at a time when the firm was struggling for relevance faced with rivals such as MicrosoftLouis Gerstner, the businessman credited with turning around IBM, has died aged 83, the company announced on Sunday.Gerstner was chair and CEO of IBM from 1993 to 2002, a time when the company was struggling […]

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UK accounting body to halt remote exams amid AI cheating

Candidates will have to sit assessments in person unless there are exceptional circumstances, says ACCABusiness live – latest updatesThe world’s largest accounting body is to stop students being allowed to take exams remotely to crack down on a rise in cheating on tests that underpin professional qualifications.The Association of Chartered Certified Accountants (ACCA), which has

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AI is coming for young people’s office jobs. That’s good news for the construction industry | Gene Marks

More young people are following the money and going into trades like construction where AI can’t easily replace themWhile standing on the sideline watching a high school soccer game, my friend, who owned a small and successful construction company, complained that his son – a senior – was starting at a respected local university that

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Nvidia insists it isn’t Enron, but its AI deals are testing investor faith

The chipmaker’s sprawling partnerships are driving extraordinary growth but also bank its future on the AI boom paying off quicklyNvidia is, in crucial ways, nothing like Enron – the Houston energy giant that imploded through multibillion-dollar accounting fraud in 2001. Nor is it similar to companies such as Lucent or Worldcom that folded during the

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Labour must learn lessons from history as automation hits jobs market

Productivity is up in retail and other low-paying sectors as tech replaces relatively expensive humans Walk through a supermarket and the technology is everywhere. Self-service checkouts, electronic shelf labels, handheld barcode scanners, and the video screens showing you – caught by AI facial recognition cameras – leaving the shop.In an economy struggling for growth, the

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Storytelling is an ancient human art, not a corporate invention | Letters

Danyah Miller responds to a pass notes column about companies that are hiring people to ‘own the narrative’Your article on the rise of storytelling as a corporate skill (Pass notes, 17 December) highlights something that storytellers have always known – that people crave meaningful human connection. This is intensifying as we encounter a world awash

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AI boom adds more than half a trillion dollars to wealth of US tech barons in 2025

Elon Musk’s net worth increased by nearly 50% to $645bn with founders of Google and Amazon also seeing huge wealth gainsA stock market boom in artificial intelligence companies has added more than half a trillion dollars to the wealth of America’s tech barons in the past year, data shows.The top 10 US founders and bosses

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