Chinese search giant says it is investing 20 billion yuan (US$3.28 billion) over three years to develop online-to-offline services, which include its 2014 acquisition of group-buying site Nuomi.
Baidu plans $3.2B for online-to-offline services
A robust cyber security insurance policy can be tricky to procure, even for the most meticulous wealth management firms. Interest in cyber insurance has surged over the past year following a number of high-profile hackings, including one announced earlier this month involving the U.S. Office of Personnel Management. In response, many industries and the financial services industry in particular, have stepped up their vigilance against cyber crimes.
U.S. intelligence chief James Clapper said on Thursday that China was the top suspect in the massive hacking of a U.S. government agency that compromised the personnel records of millions of Americans. The comments from Clapper, the director of National Intelligence (DNI), were first reported in The Wall Street Journal and marked the first time the Obama administration has publicly accused Beijing of the hacking attacks on the Office of Personnel Management. “You have to kind of salute the Chinese for what they did,” given the difficulty of the intrusion, the Journal quoted Clapper as saying at a Washington intelligence conference.
(Reuters) – Apple Inc has removed several civil war games featuring Confederate flags from its App Store, some game developers said. South Carolina Governor Nikki Haley on Monday called on lawmakers to take down the Confederate battle flag at the state capitol grounds. Retailers such as Wal Mart Stores Inc and Sears Holdings Corp have stopped selling the flag.
By Foo Yun Chee BRUSSELS (Reuters) – [GETTY.UL] has become the latest company to take its grievances with Google to EU antitrust regulators as it accused the world's most popular Internet search engine of favoring its own images service at the expense of rivals. The complaint comes as the European Commission waits for Google to respond to charges of abusing its market power in a dozen EU countries since 2007 by distorting search results to favor its shopping service. The renowned photojournalism archive said its troubles with Google started in early 2013.
Here is the original:
Getty Images takes Google grievance to EU antitrust regulators
By Lawrence Hurley WASHINGTON (Reuters) – Google Inc will have to defend claims that its Street View mapping software violates patents held by Vederi LLC after the U.S. Supreme Court on Monday declined to take up the company's appeal. The high court's decision not to hear the case leaves intact a March 2014 ruling by the U.S. Court of Appeals for the Federal Circuit, which threw out a district judge's finding that Google had not infringed on four different patents. Vederi sued Google in 2010.
Read more here:
U.S. Supreme Court rejects Google patent appeal over Street View
Chipmaker Advanced Micro Devices Inc is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp, according to three people familiar with the matter. The review highlights Chief Executive Lisa Su's determination to consider every possible option to turn the company around. Su, however, who took over as CEO last October, judged that there is merit for the company to at least consider such a possibility again, the people added.
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Dick Costolo's decision to step down as Twitter Inc's chief executive last week failed to stem the weeks-long slide in the company's shares, but options traders appear to be betting on a near-term rebound. The stock has shed more than a third of its value since Twitter reported first-quarter results in April. On June 11, Costolo said he would resign as CEO under pressure from investors frustrated by the microblogging company's slow growth, but the move failed to prop up Twitter's shares.
See the rest here:
Traders bet on Twitter near-term gains as takeover chatter persists
By Allied Time
Like everyone who owns a business or works high up in a company, it probably goes without saying that you’d like to always see your profits increase, year after year. You’d like your company to keep beating out the completion and continue leaving customers satisfied and looking forward to working with you again.
Unfortunately, securing these kinds of results is usually much easier said than done. One very smart way to do this, though, is by focusing on your employees. Many companies always look for the newest, hottest tech to help them produce ever better results, when the truth is that if your employees aren’t putting out the kind of performance you need from them, you’ll never have the company you want.
If you’re worried about their performance, introduce time and attendance technology. Something as simple as an employee time clock that tracks them checking in and out will do just fine. For those with a bit more in the budget, fingerprint time clocks will go a long way.
Obviously, using this type of clock will help keep employees honest about when they show up and when they leave for the day. However, you can also use these clocks to help get high-level reporting on how your schedules work for employees and options for improving them to increase performance.
If you’re looking for a time clocks, look no further than Allied Time. You’ll find everything you need to get the most from your company’s employees each and every day.
WASHINGTON (Reuters) – President Barack Obama continues to have confidence in Office of Personnel Management Director Katherine Archuleta despite recent cyber data breaches at the agency, the White House said on Wednesday. (Reporting By Julia Edwards; Editing by Bill Trott)
Go here to see the original:
Obama continues to have confidence in OPM director after breach: White House