Millions of e-mail addresses and names were obtained in a cyberattack on marketing firm Epsilon, whose 2,500 clients include household names. The clients, including JPMorgan Chase, Citibank, Walgreens and Disney, have warned customers to beware of phishing attempts. The Epsilon attack is another example of criminals targeting corporations — via redwolf.newsvine.com
Texas Instruments will purchase fellow analog chipmaker National Semiconductor for $6.5 billion, the companies announced today.
TI is paying cash for National, and both boards have already approved the deal. TI says the company will be “10 times larger” after the acquisition. Combined, the two could capture 17 to 18 percent market share, company executives said on a conference call this afternoon. Because it will have to clear some regulatory hurdles, executives expect the deal to close in six to nine months — via redwolf.newsvine.com
Cyber-shoppers are costing the federal government $1.3 million a day by buying tax-free imports over the internet, the Treasury has revealed.
Lost revenue from the GST — and the savings to consumers — are forecast to grow 10 per cent each year to hit $610m by 2013-14 — via redwolf.newsvine.com
This lively RSA Animate, adapted from Dan Pink’s talk at the RSA, illustrates the hidden truths behind what really motivates us at home and in the workplace — via RSA
The creators of Zodiac Island
say they lost an entire season of their syndicated children’s television show after a former employee at their Internet service provider wiped out more than 300GB of video files.
WeR1 World Network, the show’s creator, is suing the ISP, CyberLynk of Franklin, Wisconsin, and its former employee, Michael Jewson, for damages, saying CyberLynk should have done a better job of protecting its data — via redwolf.newsvine.com
Can a job really be worse than unemployment? Idle hands do the devil’s work
, says the old saying.
The implication is obvious: when we’re unemployed, all our energies are channelled into destructive or wasteful pursuits, rather than useful ones. This is one of the reasons for the stigma of unemployment: the jobless are often caricatured as restless, dangerous folks, without proper outlets for their impulses. Unemployment is expected to be uncomfortable, riddled with ennui or self-loathing.
But recent research gives grounds for caution. According to new study by ANU’s Centre for Mental Health, a bad job can be worse than being on the dole. Having analysed data from more than 7000 respondents, over seven years, researchers discovered that those in the worst employment conditions were more prone to mental health problems than those looking for work — via redwolf.newsvine.com
The internet now accounts for a quarter of all advertising spending in the UK, according to figures — via redwolf.newsvine.com
Federal Labor MP Ed Husic last week criticised Apple and other technology giants for asking more in Australia for their products than they do in the US, noting that he would write to the managing director of Apple Australia to demand why the mark-ups occur — via redwolf.newsvine.com
eBay on Monday announced plans to acquire GSI Commerce for about $2.4 billion. That equals $29.25 per share for the e-commerce and interactive marketing services provider.
eBay is shelling out a 51 percent premium over GSI’s closing price on Friday and a 47 percent premium over the average closing price over the past 30 trading days. eBay will finance the acquisition with debt and cash — via redwolf.newsvine.com
Gunns, once the billion dollar super company of Tasmania, is today on its knees and needing its pulp mill — a project now seven years old and still without finance — to simply stay in existence. Its share price is abysmal and it reportedly owes millions to its principal supplier of trees, Forestry Tasmania.
Ironically, to get a funding partner that will help finance the mill Gunns now desperately needs the support of conservationists — the much-vaunted social licence — via redwolf.newsvine.com
Joe Konrath, who we’ve written about numerous times, and Barry Eisler (who we haven’t…), contacted me late last week to pass on the fascinating news that Eisler, who has been a NY Times Best Selling author of a variety of thrillers, has turned down a $500,000 publishing deal from a mainstream publisher, in order to self-publish his next book. That’s a lot of money to give up. The link is to a (long, but fascinating) dialog between Konrath and Eisler, discussing the thinking behind passing up that kind of money to go the self-publishing route. The key takeaway: the $500,000 comes with strings (as does any publishing deal), and in this case, Eisler feels he’s likely to be better off on his own — via redwolf.newsvine.com
In a blockbuster mobile deal, AT&T announced today it had agreed to acquire T-Mobile USA from Deutsche Telekom for $39 billion.
The acquisition will make AT&T the dominant wireless player in the U.S. with the addition of more than 33 million subscribers to its 95.5 million customer user base, giving it a new total of more than 129 million subscribers. Verizon Wireless, the U.S. second largest wireless carrier, has a little more than 102 million subscribers — via redwolf.newsvine.com
Yahoo is believed to be on the verge of selling its bookmarking service Delicious, possibly to the social discovery engine
StumbleUpon, for a price believed to be around $1m (£619,000) — via redwolf.newsvine.com
Research in Motion thought the iPhone would bomb, basically, because it’s not a BlackBerry.
A Reuters report (PDF) on RIM’s prospects quotes an anonymous former employee as saying that RIM was convinced the iPhone was so badly flawed from day one
. They thought users wanted great battery life, great security, great mail handling, minimal network use, and a great keyboard experience
. It turns out, a great user experience beats all those things — via redwolf.newsvine.com
No sooner had English IT worker Emma Button kvetched on Twitter that she had accidentally put ground rice in the sugar pot, she received a reply from a British Interflora branch.
Sorry to hear you’re feeling ill – would some surprise flowers make up for the sugar incident,
it read.
Within hours, she had a bouquet delivered to her door, and Interflora had a glowing Twitter testimonial, along with Ms Button’s promise to talk up the company on her Mellow Mummy blog
The florist chain has been sending flowers to British tweeters who complain of feeling unwell or sad for several months now. According to Trendwatching.com’s latest bulletin, it’s part of a new marketing technique — via redwolf.newsvine.com
Vodafone Hutchison Australia CEO Nigel Dews has admitted that the company could have handled social media feedback much better in the early stages of the company’s highly publicised network issues late last year — via redwolf.newsvine.com
Western Digital announced today that it has entered into a definitive agreement to acquire Hitachi Global Storage Technologies (Hitachi GST), the disk drive arm of Hitachi Ltd., in a cash and stock transaction valued at about $4.3 billion — via redwolf.newsvine.com
A new study commissioned by several entertainment industry outfits made the rounds in the Australian news yesterday. It claims that illicit movie, music and games downloads cost the industry $900 million a year as well as 8,000 jobs and that an increase in broadband adoption could propel the losses to a staggering $5.2 billion in the next five years. However, it looks like the public isn’t buying it, figuratively speaking — via redwolf.newsvine.com
The Federal Government has given final environmental approval for a new pulp mill in northern Tasmania — via redwolf.newsvine.com
Thieves took a a cache of Buran-signed 800 ETA movements from a watchmaker in Porrentruy, Switzerland. They included some 2824-2 and 7750 movements. The 7750s are used in chronographs — via redwolf.newsvine.com
RSS – Posts