London, UK: The Tech Trailblazers Awards has revealed its shortlist of the most innovative entrants and concepts in enterprise technology areas such as cloud, security, IoT, mobile and many more. The shortlists have been selected by a panel of leading IT industry experts and are now open to public vote.
Prestwick: Veracity has announced the full acquisition of icomply (I-Comply Ltd), the UK’s leading software provider of integrated command and control security solutions. The agreement includes all operational staff, software, intellectual property, ongoing business and also icomply’s sales and support subsidiary in India. Veracity will maintain icomply as a separate business and will immediately expand its operations including an imminent move to larger premises near Leeds.
Prestwick: Veracity has announced its attendance at the BETT Show for the first time.
What Is A Ponzi Scheme?
Business Dictionary aptly defines a Ponzi scheme as a SCAM in which a GULLIBLE group is enticed with the promise of very high returns in a very short time, but is actually based on paying off the early 'investors' from the cash from (hopefully ever increasing number of) new 'investors.' Investopedia reconciles a Ponzi scheme with a pyramid scheme in that both are based on using new ‘investors' funds to pay earlier participants. Essentially, such schemes are synonymous with ‘’Robbing Peter to Pay Paul’’. A typical Ponzi scheme flops when the cash outflow exceeds the cash inflow. Ponzi scheme is named after Charles Ponzi (1882-1949), an Italian immigrant to the United States who, during 1919-20 collected more than fifteen million dollars from some 40,000 enthusiastic depositors by promising to double their investment in 90 days.
To expose official corruption in Nigeria, re-orientate the psyche of Nigerians and usher in the Nigerian renaissance
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