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China stock markets rally after surprise rate cut

February 5th, 2015 (0)
China markets are rallying after the mainland’s central bank unexpectedly cut a key lending rate on Wednesday. The People’s Bank of China lower the required reserve ratio (RRR) for banks by 50 basis points in an attempt to stimulate the slowing ...

Microsoft sales soar for all its non-Windows products

January 27th, 2015 (0)
Microsoft sales are growing for just about every product it makes … except for Windows. A couple years ago, that would have caused a panic — Windows has been Microsoft’s cash cow since 1985. In 2015, Microsoft (MSFT, Tech30) isn’t sweating it too ...

Emerging global cyberlaw trends in 2014

January 5th, 2015 (0)
2014 was the year when dark web started emerging, primarily due to the iCloud hacking of celebrities’ pictures Globally, the year 2014 was a year that was dedicated to cybercrimes and hacking. In fact, cybercrime as a phenomenon loomed ...

PayPal: Cyber fraud offences

January 3rd, 2015 (0)
A 22-year old man connected with the notorious Lizard Squad group of hackers has been arrested by Thames Valley police on suspicion of a series of PayPal-related fraud offences. The South East Regional Organised Crime Unit says the arrest ...

Snapchat reveals $485m of funding at a reported $10bn valuation

January 2nd, 2015 (0)
Messaging app Snapchat has raised its latest round of funding, $485.6m, which may value the US-based company at more than $10bn. The funding was revealed in a filing with the US Securities and Exchange Commission (SEC), with 23 investors ...

Entry Point of JPMorgan Data Breach Is Identified

December 23rd, 2014 (0)
The computer breach at JPMorgan Chase this summer — the largest intrusion of an American bank to date — might have been thwarted if the bank had installed a simple security fix to an overlooked server in its vast ...

Hackers launched a destructive cyberattack in the United States

December 2nd, 2014 (0)
The Federal Bureau of Investigation warned U.S. businesses that hackers have used malicious software to launch a destructive cyberattack in the United States, following a devastating breach last week at Sony Pictures Entertainment; more details in article: Sony Pictures hires ...

Dubai Parks and Resorts Launches Dhs2.5bn IPO On DFM

November 17th, 2014 (0)
Dubai Parks and Resorts, the recently-created subsidiary of Dubai-based developer Meraas Holding, which is building a mega theme park complex in the emirate, announced on Monday that it has launched its Initial Public Offering (IPO) on the Dubai Financial ...

Asian Equities Mixed on Soft Lead

September 9th, 2014 (0)
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...

Samsung’s next reinvention challenge is ‘reinvent itself’ & to be more innovative

August 7th, 2014 (0)
As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd is under pressure to reinvent itself – to be more innovative, but not lose the rigor and focus that made it a global powerhouse. ...
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