Tech companies storm top 10 best global brands list

Six of the top 10 best global brands are tech-based companies, according to Interbrand; plus more daily news.

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Tech companies storm top 10 best global brands list
Technology firms dominate the top 10 list of best global brands, with six being tech-based companies. According to Interbrand, Coca-Cola holds the top spot, but IBM, Microsoft and Google took second, third and fourth place, respectively. Other tech companies in the top 10 included Intel, Nokia and HP.

Wave Telecom to expand Guernsey data centre facility
Wave Telecom is planning to double the size of its Guernsey-based data centre. The First Tower Lane facility originally opened in April, and the service provider has applied for planning permission for a £3 million expansion of the data centre site. Wave hopes to begin work on the new data centre at the beginning of next year.

VMware eyes up Novell
Novell is allegedly set to flog its assets to two tech firms, according to the Wall Street Journal. VMware is supposedly looking to snap up Novell's open source SUSE Linux operating system business, and software company Attachmate is hoping to buy up what is left.

IBM makes chips to manage power usage
IBM has unveiled a chip-making technology, designed so clients can manage power usage more efficiently in smart grids and smart buildings. The technology incorporates wireless radio communications and sensors onto a single chip. Big Blue also said it can be used in smartphones.

Oracle reports 20% profit rise for Q1
Oracle has reported a 20% spike in its first fiscal quarter. Net income increased to $1.4 billion, up from $1.1 billion in the same quarter last year. Revenue also rose to $7.5 billion, from $5.1 billion a year ago.

Kayleigh Bateman is the Site Editor of

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