Aside from robbing income from original makers of content, piracy websites also make around $4.4 million annually from ads, according to a study published by Digital Citizens Alliance.
Industry
Upset Investors tell global brands to take greater risks like their small competitors
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.
Insurance clients face advantages and drawbacks from big data
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.
PwC report says metals sector M&A decline 30% last year
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.
Despite poor infrastructure and payment systems, e-commerce becomes more vibrant in Indonesia
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.
Latest News
Asian chat services KakaoTalk, LINE and WeChat threaten to overturn the mobile order of things, usurping the role of Google Inc, Apple Inc, Amazon.com Inc, Facebook Inc and telecoms carriers as gatekeeper to the consumer.
A New Zealand court on Wednesday ruled that the search warrant used in the arrest of Megaupload founder Kim Dotcom on U.S. online piracy charges was legal, dealing a blow to the internet entrepreneur's fight against extradition to the United States.
Some of Bitcoin enthusiast Mike Caldwell's coins are pictured at his office in this photo illustration in Sandy, Utah, January 31, 2014.
Entrepreneurs and investors speak about the need and urgency to increase investment and Scale Up start-up communities in their countries. Yet when it's time to invest capital, the culture of risk impedes the flow of money from the wallets of local investors into the pockets of entrepreneurs.
An investigative report published by independent news organization Mother Jones said most federal judges are not keen to consider piracy claims based on computer Internet Protocol (IP) addresses, which are often used as proof to identify potential thefts.
With the most recent breach of Kickstarter that compromised the data of its users, the crowdfunding industry should strive for more caution this time, Entrepreneur reported.
Y Combinator is proof that companies don't always need to hold fancy launches. A low-key "launch day" such as the one Y Combinator had in 2005 can also spell long-term success, TechCrunch reported.
Germany-based new digital currency NoFiatCoin (XNF) is backed by gold and silver bullion to give digital currency the added security of the value of precious metals, in case the everything goes down.
The Obama administration has unveiled new guidelines that will encourage lenders to do transactions with state-licensed cannabis shops that are now constrained to doing business only in cash, Reuters reported.
