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Tech stocks are having another rough day with chip makers extending a three-session slide and many of the biggest tech and Internet names adding to Monday’s losses.

All currencies are based on trust. In the days of the gold standard, that meant trusting that paper money was backed by bullion in a reserve. Centralisation was necessary in order to prevent counterfeiting and ensure money wasn’t simply printed on a whim. Of course, experience

Founded in 1911, IBM is 100 years old on 16 June. TechCentral senior journalist Craig Wilson traces the rise and fall and rise of Big Blue. IBM was the result of a merger of four companies, engineered by a prominent financier