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Here the 10 biggest 2016 startup opportunities

January 13, 2016February 11, 2016 Staff Writer

The year 2015 was all about drones, virtual reality, 3D printing, and the Internet of Things (IoT). This year, venture capitalists and industry observers say the tech world should expect more of the same. “Most hot startups in 2016 won’t be trying to lead revolutions or usher in whole new industries,” says Igor Shoifot, an investment partner with TMT Investments. “Instead, they’ll be enhancing existing technologies, products, services, or transactional ecosystems by saving users time, money, effort, and helping them make better choices more easily.” However, according to CIO, the…

Apple suspends online TV service development efforts: Bloomberg

December 10, 2015February 11, 2016 Staff Writer

Apple Inc has suspended plans to offer a live Internet-based television service and is instead focusing on being a platform for media companies to sell directly to customers through its App Store, Bloomberg reported on Tuesday. Apple’s plan to sell a package of about 14 channels for $30 to $40 a month has run into resistance from media companies that want more money for their programing, Bloomberg reported, citing a person with knowledge of the matter. Apple was in discussions with broadcasters such as CBS Corp and Twenty-First Century Fox…

How can Financial Institutions make IoT Technology payoff?

November 4, 2015February 11, 2016 Staff Writer

Deloitte have produced a new fascinating report about the size of the market for the Internet of Things (IoT). Here’s the management summary and you can download the whole report here . Can financial services, which deals mostly with the intangible, benefit from Internet of Things technology? Absolutely—and not only from more and better data about clients’ physical assets. IoT Technology applications aim to transform finance along with every other sector. IoT may be as broadly transformational to the financial services industry as the Internet itself, and leaders should make…

Tech IPOs indicate slowest pace since the banking crisis

June 12, 2015February 16, 2016 Staff Writer

With the end of the first half of the year in sight, it looks like Fitbit may be the last tech IPO of what so far has been the slowest year for new public offerings in the sector since 2009. That was the middle of the banking crisis and just after Sequoia Capital made its “RIP:Good Times” presentation to its portfolio CEOs in 2008. There have only been two tech companies from the Bay Area to go public so far this year — Box and Apigee — and San Francisco-based…

Business spotlight on cybercrime

February 24, 2015February 16, 2016 Staff Writer

In the wake of the Sony email hacking case, business expert Rachel Bridge looks at cybercrime and how you can protect your business. Online cybercrime is not just the stuff of sci-fi movies and urban myth. It is very real and it can pose a huge threat to your business. What’s more, contrary to what many people think, cybercrime is just as likely to affect small firms as large ones. Indeed, a survey by the Federation of Small Businesses (FSB) found that over a 12-month period, 41 per cent of…

IDC 2015 Top 10 Predictions of China ICT Market: 3rd Platform Pursuit of New Growth During Economic Adjustment Period

January 8, 2015February 17, 2016 Staff Writer

Beijing, January 7, 2015 – In 2014, China’s macro economy maintained growth even under enormous pressure. The year also witnessed continuous industrial restructuring, feeble growth of overall real economy, recession of real estate market, and single digit growth of exports. Meanwhile, anti-corruption measures have also affected government spending. China’s GDP growth rate in 2014 was 7.3%, the lowest level in 24 years. Nonetheless, considering the sheer volume of China’s GDP which is the second largest in the world, the growth rate of 7.3% is still substantial compared with those developed…

A Hacker Reveals How Your Fingerprint Could Be Easier To Hack Than A Traditional Password

January 8, 2015February 17, 2016

A hacker has found a way to hack fingerprint passwords — and it’s as easy as taking a clear picture of someone’s hands. At the 31st annual Chaos Computer Club conference in Hamburg, Germany, Popular Science reports a hacker named Jan “Starbug” Krissler pointed out the flaws in biometric password technology, like the fingerprint sensor found on an iPhone 6. Krissler said pictures of people’s hands and fingers can be used to recreate a person’s fingerprint, which can be used to hack into any of their devices that require fingerprint password…

Oculus founder thinks virtual reality can disrupt more than just video games

October 22, 2014February 17, 2016 Staff Writer

For now, Luckey admits, the video game industry is the best place for pioneers to work on VR. “It’s the only industry with the talent to create 3D environments,” he says. Oculus Rift’s Palmer Luckey Wants Virtual Reality To Disrupt Your Industry Too Palmer Luckey is a guy with a definite vision, one of virtual reality transforming not only how video games are played in the living room—but also changing the way teachers conduct their classroom, how doctors perform surgeries at a hospital. Consider, Luckey says, the opportunity of allowing every…

Apple and Google brands worth $100bn each

October 10, 2014February 17, 2016 Staff Writer

PARIS: The US Apple and Google brands which have become household names around the globe are worth more than $100 billion each, and top a ranking of the world’s biggest brands, consultancy Interbrand said. In number one place, computer brand Apple has risen 21 percent in value this year to worth an estimated $118.9 billion (93.0 billion euros). In second place, the brand value of Internet search engine Google has increased by 15 percent to $107.43 billion. “The fact that Apple and Google have exceeded $100 billion is proof of…