Sectors
Pimco Total Return Fund beat 29pct of peers last month
The Pimco Total Return Fund lagged behind 71% of its peers in February after rebounding from an annual loss of 1.92% last year, Reuters reported.
UK's Acoustic Stream launches $50K crowdfunding campaign for guitarist's wireless recording gadget
Penzance, UK-based firm Acoustic Stream launched a $50,000 crowdfunding campaign via Kickstarter to develop a 4-in-1 device that allows guitarists to tune their guitar, and record, stream, and share their performances to the world.
Aavishkaar invests INR18.6 crore in US-based luxury brand Mela Artisans
Mumbai, India-based social venture capital firm Aavishkaar Venture Management invested INR18.6 crore in US-based luxury lifestyle brand Mela Artisans for the latter's domestic and international product expansion.
People, not PCI standards, cause data breaches
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.