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Sequoia Capital recently led a US$100 million round of funding for South Korean retailer Coupang, suggesting that the rapidly growing Korean e-commerce market is the hot new scene for investors looking to capitalize on a country full of mobile shoppers. Founded and run by the Korean-born, Harvard-ed...
During Apple's WWDC keynote event last week, it became exceedingly clear that we won't be seeing a converged iPad/MacBook device anytime soon. Unlike Microsoft, with its Surface Pro 3 effort, Apple doesn't seem at all interested in forcing iOS and OS X into a single unified operating system. In fact...
The U.S. Department of Justice this week said it would review long-held agreements with two major performing-rights organizations with an eye to updating them to reflect the climate of the music industry more accurately. The DoJ's agreements with ASCAP and BMI have been in place for more than 70 yea...
One of the sure signs of a maturing company, or even an entire industry, is the ability to offer free services to nonprofit organizations in order to demonstrate benevolence. However, such charitable acts aren't just about being altruistic. As a growing number of cloud providers are discovering, the...
Apple this week updated its App Store Review Guidelines with a change that signals a loosening of its restrictive policies against bitcoin and other digital currencies. The change now allows apps to "facilitate transmission of approved virtual currencies provided that they do so in compliance with a...
I think the European Union often goes overboard, and I typically don't agree with its rulings. However, when the EU declared Google invaded privacy, it seemed to have struck a nerve. Countless users worldwide agreed. So, what impact will the EU have on Google with respect to a citizen's right to be ...
The U.S. Defense Department last month adopted a set of final rules covering the detection and avoidance of counterfeit electronic parts in the federal supply chain. The rules affect a wide swath of information technology firms that supply electronic components to the department, including software ...
Among the highlights of Apple's WWDC announcements this week is iCloud Drive, a major update to its cloud storage system. iCloud Drive is designed to be a central platform for users to share or access files across Apple devices, but it also will be compatible with Windows PCs. Documents will be acce...
Sectors of society ranging from public interest groups to Google and Facebook oppose the FCC's mid-May passage of new Net neutrality rules. However, they're going about the issue all wrong, comedian John Oliver said in a rant on Net neutrality. "The cable companies have figured out the great truth o...
Summer is almost here, and that means many of you probably have made significant headway laying the groundwork for your 2015 PCI audit. However, one important aspect of 3.0 preparations that doesn't always get the attention it should is documentation. If you've tackled PCI compliance in the past, th...
Hachette -- whose stable of best-selling authors includes J.K. Rowling and James Patterson -- remains at loggerheads with Amazon over renewal of a book distribution deal between the two. The stalemate has slowed the flow of books from the publisher to the online retailer to a crawl. Negotiations hav...
Amazon reportedly is gearing up to launch a streaming music service this summer, taking on competitors like Pandora and Spotify. The streaming service would be part of Amazon's $99 per year Prime service, which offers subscribers free two-day shipping on many items, video streaming and an e-book len...
IT groups and a wide range of other businesses are so divided on proposed changes to U.S. patent law that a key lawmaker abruptly terminated work on patent reform legislation last week. The legislation addresses IP protection practices, known as "patent trolling," that overwhelmingly affect computer...
Google on Wednesday revealed statistics about the makeup of its workforce and admitted that it's pretty homogenous. "We're not where we want to be when it comes to diversity," said Laszlo Bock, senior vice president for people operations. "It is hard to address these kinds of challenges if you're no...
There is growing interest in the cloud. It sounds absolutely perfect for both consumers and businesses. Some are jumping in -- so why isn't everyone? There are many pros and cons. Many use it successfully to build and manage their growing business, but many others fall victim to problems. What, exac...
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