Section | Business

Mobile Phones Can Now Be Used as a Debit Card

On Thursday, Google has unveiled a free smartphone application that converts your mobile phone to an electronic debit card. The leading name in the Internet industry announced that the “Google Wallet” is currently tested and will be available to the market summer of this year. Google announced their latest innovation in a press conference held […]

Posted in Business, Featured News

Yahoo May Finally Upgrade Its Email Services

Yahoo Incorporated is finally pushing through with the long-promised and highly anticipated revamping of its email services. This is a part of Yahoo’s attempt to reach out and look more appealing to users who are shifting to Gmail, Twitter, and Facebook to communicate. The changes that were announced on Tuesday include a new design of […]

Posted in Business

Online Casino: The Future of the Casino Industry

On Tuesday, a panel of online casino executives said that the future of casino is on internet gambling regardless if it is approved in the state or federal level. In addition, a lawmaker from New Jersey predicted that there may be a ballot question in 2012 to ask his constituents whether the state Constitution should […]

Posted in Business

Privacy Protections Increase in Cloud Data

Senator Patrick Leahy authored an amendment to the 1986 law that will require our law enforcement officials to secure search warrants to gain access to cloud data and use the information in investigations. This is to address the growing concern in the lack of or limited cloud data privacy. Cloud data is a growing trend […]

Posted in Business

Cisco Suspected to have Helped China in Tracking Falun Gong Followers

A number of Falun Gong spiritual followers have filed a lawsuit against Cisco while accusing them of helping the Chinese government track down, identify, and persecute their members. Cisco allegedly built specialized computer software that tracked their online activities. Cisco responded to the lawsuit by denying the allegations and said they only sold China standard […]

Posted in Business

Annual Meetings in India Held Soon through Video Conferencing

The government of India on Friday allowed companies to hold their yearly general meetings through video conferencing. The facility provides wider extent of participation and cuts additional costs by those who attend board meetings. The Ministry of Corporate Affairs in India said in a statement that companies should send a notice to directors and shareholders […]

Posted in Business

Sony Website Hit with Another Hacker Attack

Sony seems to be in for a real treat from internet savvy hackers as they receive another attack in their security system. After the lock down and overhaul of the company’s online services following a hacker attack that left personal and credit card information of at least 100 million people in jeopardy, Sony is yet […]

Posted in Business, Featured News

Mobile Banking Industry in India Expected to Grow

Experts say that millions of Indians who are below the poverty line and have no access to major financial services may gain huge benefits from mobile banking as the use of cellphones continue to increase in great numbers. Banking thru mobile phones could transform the face of India’s rural economy. However, experts say that the […]

Posted in Business

Money Launderers Found a New Tool in Prepaid Cards

21-st century money launderers have forgotten about bulk cash that is hard to hide; it is simply too inconvenient for them. They have found a rather safer way to stash money in the form of prepaid cards. Prepaid cards are electronically loaded with cash. Moreover, getting them does not necessitate a bank account. In fact, […]

Posted in Business

Smartphone Application Allows Workers to Track Wages

Using a new smartphone application, workers can now track their wages themselves said the Department of Labor. Employers, however, fear that the new time sheet application released by the Department of Labor would only encourage more wage and hour lawsuits. The smartphone application is called the DOL-Timesheet and it allows workers to calculate their own […]

Posted in Business, Featured News