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Cost of data breaches rises to an estimated $3.8 million on average according to a recently concluded study

The cost of data breaches now escalate to an estimated $3.8 million on average according to the findings of a recent study.

May 28, 2015 10:30 AM EDT


Walmart Shipping Pass will compete with Amazon Prime; Unlimited Shipping Program aims to get more loyal customer

Walmart free-shipping will compete with Amazon Prime's $99 a year membership fee while Target cuts back its minimum purchase to $25. Which one of these three will customers go for?

May 28, 2015 10:17 AM EDT


CBS CEO Les Moonves Reveals Network Might Have A Deal With Apple TV, Says He Is Excited About Possibility

Apple is set to launch its new TV service called Apple TV while CBS might be interested in making a deal with the company. CBS CEO Leslie "Les" Moonves announced that they are excited for the possibility of striking a deal with Apple.

May 28, 2015 10:14 AM EDT


Jawbone Sues Wearable Fitness Tracker Maker Fitbit Over Data Plundering

Jawbone and Fitbit are two of the largest wearable fitness tracker makers in the industry. Jawbone claims in a lawsuit that Fitbit hired its employees and is now suing Fitbit over data plundering.

May 28, 2015 10:06 AM EDT


Novartis robotic pills will transfrom injected medicines into ingestible micro needles

Rani Therapeutics is studying Novartis drugs adminstered through injection and its viability as a robotic pill. This breakthrough offers ingestion of micro needles.

May 28, 2015 9:18 AM EDT


MYbank officially receives green light to begin formal operations in China

Online bank MYbank now given the go ahead to start official operations in China after being approved by the country's regulatory commission.

May 28, 2015 3:53 AM EDT


Skype refuses to give customer records for crime probe; Belgian court wants to know if Skype is a telecom company

A Belgian court wants to know if Skype is a telecom company to be able to oblige the latter into helping them in a criminal investigation. Skype refuses to release customer messages & calls used by suspects in a crime.

May 28, 2015 3:21 AM EDT


HP Acquires Software-defined Networking Startup ConteXtream

HP has acquired ConteXtream, the maker of carrier-grade network virtualization software designed to help service providers deploy network functions virtualization (NFV) on existing hardware, both companies announced on Tuesday.

May 28, 2015 3:01 AM EDT


FruitDay gets $70 Million Fresh Capital To Sell Fruits And Vegetables Online

JD.com puts its money on fresh fruits and vegetables with FruitDay, in a Series C round funding. JD. com, e-commerce site in China and major competitor of Alibaba is investing in online fresh vegetables and fruits seller FruitDay, as it led in a $70 million Series C round funding for FruitDay.

May 28, 2015 2:57 AM EDT


Alibaba Takes Battle Against Fake Goods To Another Level

Alibaba makes an effort to train locals to create home-grown brands after they are sued by Gucci. After Gucci sued and criticized Alibaba for allowing the trade of fake goods in their online store, the Chinese e-commerce giant Alibaba has started waging a war against counterfeits right at the source.

May 28, 2015 2:14 AM EDT


HBO NOW to lower Prices on streaming services after Customer Satisfaction Survey; Network to compete with Netflix, Amazon Prime Prices

HBO Now recently asked their customers regarding a new pricing system for their services and consumers were given options to choose from. Subscribing for HBO NOW's streaming services could be lowered due to the result of the survey.

May 27, 2015 11:30 PM EDT


Complacency has returned to the stock market according to Deutsche Bank Chief U.S. Equity Strategist

Complacency is an element of the stock market yet again according to Deutsche Bank Chief U.S. Equity Strategist.

May 27, 2015 11:07 PM EDT