New wave of cyberattacks against U.S. corporations

The new attacks seek to destroy data or to manipulate industrial machinery and take over or shut down the networks that deliver energy or run industrial processes.

Warnings from federal officials, including a vague one issued last week by the Department of Homeland Security, are being prompted by a new wave of cyberattacks that are striking American corporations.  Officials say this time the attackers’ aim is not espionage but sabotage, and the source seems to be somewhere in the Middle East.

 

 

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Global luxury goods ecommerce market rises by 25%

Luxury goods ecommerce soars.

The worldwide appetite for luxury goods doesn’t seem to have been slowed down by concerns about the state of the global economy, according to research released by business consulting firm Bain & Company in October 2012. In fact, total demand for luxury goods has remained very strong, with worldwide revenues estimated to have grown 10% in 2012.

 

 

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How entrepreneurs are coming up with innovative ideas to tackle traffic

Traffic can be a huge burden on economic development, and just overall quality of life.

Sometimes when entrepreneurs are just fed up with something that is when they come up with the most innovative ideas. Their ability to make people’s lives just a little easier, whether through a solution to a dangerous social problem or an easy tool that helps people shop from their home, entrepreneurs can fill in gaps across sectors.

 

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Top 10 global technology trends for the energy and utility markets in 2013

Global energy an utilities sectors faces significant challenges from ongoing environmental sensitivity.

Gartner, Inc. has released a new report that identifies the top ten technology trends affecting the global energy and utility markets in 2013, as the industry faces significant challenges from ongoing environmental sensitivity, changing policymaker attitudes and consumer expectations.

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Startup Brasil – Brazil offers foreign startups visas and funding

Minister Marco Antonio Raupp releases the Start-up Brazil program.

The government in Brazil is offering foreign companies visas and funding to relocate to South America. Startup Brasil is a new program offering up to $78 million in investment for domestic and foreign high-tech companies. Firms that participate would have to relocate to Brazil and hire local employees; disbursement of funds would take place through a series of government-subsidized accelerators concentrated in Sao Paulo and Rio de Janiero. One of the participating accelerators, 21212, also has a New York office.

 

 

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Why does chemotherapy cost $70k in the U.S., but only costs $2.5k in India?

By rejecting patent applications, developing countries have kept down the costs of much-needed medications.

Gleevec, a leukemia drug, costs $70,000 per year in the United States, but only costs $2,500 in India. Why does that drug cost so much more in the U.S.?

 

 

 

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How advanced mapping technology can change the world

Advanced mapping technology has let one aid organization in Africa see more clearly the scope of the problems it’s trying to fix.

A good mapping app can be appreciated by everyone.  Look what happened to Apple when it failed at providing a good mapping application. Maps save us from getting lost, ensure that we get to locations on time, and guide us through complicated public transportation systems. And in some places, they can save lives. Just ask World Vision, a humanitarian organization focused on poverty and justice.

 

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138 million people worldwide want to live in the U.S.

138 million people want to live in the U.S.

Gallup released new data on migration this week.  Around 630  million people – 13% of the world’s adults – say they would like to move to another country permanently.  An estimated 138 million people would like to relocate to the United States. The second-most popular destination was the United Kingdom with 42 million potential migrants.  The U.S. and U.K. were followed by Canada, France and Saudi Arabia.

 

 

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Why the Internet of Things needs to create its own economy

Internet of Things exists, but often badly.

If you track the Q rating of tech trends, then you know the cloud is so last minute and big data is good for little more than wrapping fish at Whole Foods. For 2013, it’s all about the Internet of Things.  But, for the Internet of Things to succeed it is going to need an economy supported by developers who can rely on open standards and APIs.

 

 

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