IBM is first to produce ‘brain chips’

IBM is the first to create a microprocessor that is tentatively referring to as a brain chip given the fact that it is very close to replicating the diverse and intricate synaptic structure of the connections of the brain in a human body. The system is able to rewire its connections much like the way that biological synapses work making it one of the first starts to creating an actual brain chip for technological machines.  Researchers believe that this feature may be the first start towards truly creating artificial intelligence and machines that are able to learn.

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Payroll Software For SME’s

SME software for iPads

Over the fast few years, payroll software has become invaluable for SME’s as well as large corporations and companies. Even in those firms with only a few employees, it makes the whole payroll process a lot quicker and easier than in the days when it all had to be done by hand in ledgers and tax and national insurance, holiday pay, sick pay etc all had to be worked out manually.

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Posted in Business Technology | Tagged absence, bureau software, Business, employee database, finance companies, holiday information, instant access, insurance, large corporations, ledgers, manpower, national insurance, necessary tasks, payroll bureau, payroll software, perfect sense, retail outlets, salary, sick pay, suits | Leave a comment

OCED warns of European recession

The OCED has issued a warning that the UK and the eurozone in general may be entering another recession and given this fact has cut its forecast for global growth. The OCED predicts that the eurozone will shrink over the last quarter of the year by about one percent and by another .4% by the close of 2012’s first quarter.

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Posted in Economy | Tagged bank of england, Business, contraction, economic prospects, england governor, eurozone, first quarter, global economic growth, global growth, growth prediction, growth prospects, last quarter, mervyn king, mp, oced, recession, six months, spain, three months, treasury select committee, wealthy countries | Leave a comment