The said failure of PCI standards is not the reason why payment card data breaches are taking place. Rather, it's the attitude of the people, according to Christian Janoff, a Security Solution Architect of Cisco Systems, in his VentureBeat guest post.
Industry
New York startups secure close to $1.3B in venture capital investments for first quarter this year
Venture capital investment in New York City for the first quarter of 2014 has reached a record of $1.3 billion to date, with startups in the Big Apple raising nearly $200 million in the past two days alone, TechCrunch reported.
IDC changes forecast PC sales forecast as emerging markets fail to perform
From a rosier outlook for the PC industry in December, IDC changed gears and predicted a continuing decline for PC sales this year until 2018, TechCrunch reported.
Japan to frame bitcoin rules after Mt. Gox collapse
Japan will be setting out rules this week on how it would treat bitcoin under its existing rules. This is seen as the country's first step in dealing with the digital currency after the closure of Mt. Gox, Reuters reported.
Warburg-Pincus Senior Adviser Bill Janeway says venture capital industry is contracting
"The venture capital industry as an industry is contracting." This is what Warburg-Pincus Senior Adviser and tech investor Bill Janeway told Forbes Contributor Igor Stenmark in an interview.
Latest News
Technology firms Prezi and Adobe are the two latest supporters of President Barack Obama's ConnectED Initiative which seeks to bring American education in step with modern technologies.
In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.
Private equity fund managers are employing approaches other than traditional buyouts so they can avoid overpaying for Western companies as competition pushes valuations higher, Reuters reported.
After years of putting young firms at the backseat, more corporations are now financing early stage startups in the technology space through accelerator programs, TechCrunch reported.
Alternative lenders are filling in the shoes of commercial banks in Europe that have reduced lending, allowing small firms to still raise funds, Bloomberg reported.
Investors of large consumer food companies want them to take bolder action than just merely cutting costs as their smaller competitors take on risks and increase market share, Reuters reported.
The potential use of big data by insurance firms to create a profile of possible policyholders carries with it advantages and drawbacks, the Financial Times reported.
Last year was a sleepy one for mergers and acquisitions in the metals sector with only 357 metal deals completed compared to the 507 deals from the previous year, the Financial Times reported citing figures released by PwC.
Limiting conditions like poor infrastructure and the lack of convenient payment systems have not prevented the e-commerce industry from burgeoning in Indonesia, the Financial Times reported.
