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Cyber Monday Sales Eclipse Expectations

Cyber Monday lived up to and even exceeded its much-hyped advanced billing, with U.S. consumers setting a new spending record on the unofficial kickoff to the online holiday shopping season ComScore data show U.S. shoppers spent US$733 million online on Monday, a 21 percent increase when compared with the $610 million spent on Cyber Monday in 2006....

Data Breaches More Expensive Every Year

Companies that fail to prevent data breaches will pay higher costs to repair the damage in 2008, according to a recent report. Data breach incidents will also cost these companies additional revenue from lost business opportunities and reduced customer retention Data breaches cost companies US$197 per compromised customer record in 2007, compared t...

Google Eyes Online Storage

Google may be able to add storage to the list of services it provides for businesses and consumers, according to a report in The Wall Street Journal Tuesday. The service would further the current push toward cloud computing or network-hosted applications The service would allow users to store files normally kept on their PCs on Google's servers and...

OPINION

$100 Oil and Zerophobia

What a difference a single dollar makes -- a very big difference indeed. As a matter of fact, the difference can be almost like a mind-altering shock wave, a global hysteria, a cry of the consumer to be heard around every corner of the globe, in addition to being "breaking news" to feed the glitzy TV-media machine The current oil prices have been c...

EXCLUSIVE INTERVIEW

Control Room's Aaron Grosky on the Music Industry's 'Final Frontier'

There's no denying that seismic changes are afoot in the music industry. As the record labels engage in bitter battles over copyrights, artists are increasingly turning to alternative means of releasing music and reaching their fans Prince chose to give away his latest album, "Planet Earth," for free; Radiohead opted to let fans pay what they want....

Can the GOP Leverage Web 2.0 in Time?

Eight contenders for the Republican presidential nomination will be debating each other Wednesday night, courtesy of YouTube and CNN. To be sure, the debate itself will be quite telling, with some pundits already laying odds that front-runner Rudy Giuliani may be dislodged from his perch by the evening's end Aside from the candidates' jostling for ...

Google Ignites Coal-Free Revolution

Google will invest heavily in a green power initiative during 2008 and beyond, with the ultimate goal of developing a renewable energy source that creates electricity at a lower cost thancoal, a major source of greenhouse gas emissions Google's initiative, which it has dubbed "RE

Verizon Unchained

Verizon Wireless will throw open the doors to its wireless network, the company said Tuesday. Until now, the second largest U.S. wireless carrier was keeping its network locked up tight to third-party developers Beginning early next year, that will all change when the company publishes its technical standards for wireless applications and device ma...

HP Plugs Into Solar, Wind Power

Aiming to shrink its global carbon footprint, HP announced Tuesday that it has forged partnerships with two renewable energy firms to incorporate solar and wind energy into its operations Through an agreement with SunPower, HP will install its first-ever, large-scale solar power system at its San Diego facility. In Ireland, meanwhile, a contract wi...

South Korea to Probe Samsung Slush Fund, Bribery Charges

The president of South Korea will appoint an independent investigator to explore allegations that electronics and industrial giant Samsung Group had diverted money into a secret fund that was later used to bribe government officials South Korea President Roh Moo-hyun announced in a televised news conference Tuesday that he would agree to demands fr...

After Upgrades, Vista Eats XP's Dust

The third Service Pack for Microsoft Windows XP, expected to be publicly released next year, might boost the operating system's speed to the point where it is substantially faster than Vista, its successor OS, according to a new study In a benchmarking comparison between a beta version of XP Service Pack 3 and Vista with Service Pack 1, Devil Mount...

EXPERT ADVICE

Nine Ways to Increase Customer Loyalty

All company executives believe that having loyal customers is a key to business success. However, what are executives really doing about it? Most will point to their customer care training or CRM system and say, "That's how we take care of loyalty here." Some will also point to their monthly newsletter or discount program to demonstrate their effor...

What's Hot and What's Not in Digital Toys

Web portal Lycos released its eighth annual list of the Top 50 most popular holiday season toys and games, and already a few online sales trends are becoming apparent in the realm of consumer electronics The quality of video games continues to improve along with the increasing capabilities of today's online game applications and Internet platforms....

The Greening of the Supply Chain

The trend toward environmentally friendly, or green, business practices is permeating just about every industry and, at a more granular level, specific operations within particular segments -- from high-tech server options to green building The supply chain is no exception, according to a new survey conducted byEyefortransport in June and July....

Seanodes Targets Wasted Space With New Virtualized Storage Tool

French company Seanodes has introduced software architecture that it says allows companies to leverage unused processing power in its storage infrastructure to create a virtual storage pool The introduction of this application, the firm claims, has in effect created a new category in the storage space that it is calling "Shared Internal Storage."

MMO Security: Are Players Getting Played?

The video gaming industry has seen huge growth over the past few years with the emergence of the massive multiplayer online (MMO) model. These video games, examples of which include "World of Warcraft" and "Everquest II," allow thousands of players to interact simultaneously over the Internet in a persistent virtual world Free multiplayer games abo...

AT&T Aims to Dazzle Consumers With Shine Cell Phone

AT&T released its new Shine phone from LG Electronics just in time for Black Friday The Shine by LG, offered exclusively through AT&T, is a sliding form-factor device that features a silver exterior and comes with video, music and camera features and a 2.2-inch mirror LCD screen. AT&T services including Video Share, Mobile Banking and Mobile Music ...

'Rock Band' Ready to Rumble With 'Guitar Hero III'

The debut last week of "Rock Band" from MTV and EA has turned the holiday shopping season into the staging ground for an historic battle of the music video game bands, with "Rock Band" going up against the current industry heavyweight, Activision's "Guitar Hero III." The competition will be steep, with "Rock Band" the underdog entering a market in...

OLPC Gives Holiday Shoppers More Time to 'Give One, Get One'

The One Laptop Per Child (OLPC) project is extending a promotional program designed in part to appeal to consumers filled with the holiday spirit of giving. The organization's "Give One, Get One" promotion, initiated on Nov. 12 and originally scheduled to run for two weeks, has been extended until the end of the year OLPC, the brainchild of Massac...

ABC Targets Facebook Crowd to Bulk Up News Audience

ABC wants to increase its network news viewers by tapping Facebook's constituency -- a younger crowd, for the most part, than the usual audience for its evening news program The social networking site is always on the prowl for new features to keep its 56-million and growing user base happy -- and sticky....

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