Kaspersky Lab published new research that the old worm known as Agent.BTZ infected at least 400,000 computers in Russia and Europe after breaching the Central Command of the US military, Reuters reported.
Research
Israels Economic Progress Threatened by Tactical and Structural -- and Solvable -- Liquidity Shortages, According to New Milken Institute Report
"Without liquidity, Israel will not be able to transition from a startup to a scale-up nation or become a leader in new technologies whose global contributions also reap domestic rewards," observed Milken Institute Senior Fellow Glenn Yago.
Realty Mogul says members have invested $14.6M in properties worth more than $100M
Realty Mogul, a crowdfunding startup focused on the real estate market, said its members invested $14.6 million of equity in properties worth more than $100 million, TechCrunch reported.
Predictive tech is growing but it comes with risks
As predictive technology and the rise of wearable technology grows, concerns also abound about their use and the privacy and related issues that they bring, VentureBeat reported.
US mobile data revenue to surpass $100B mark in 2014
A report from Chetan Sharma Consulting said the US will exceed the $100 billion mark in mobile data revenue this year to be followed by China and Japan, VentureBeat reported.
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With activist hedge funds increasing their campaigns, credit rating agency Moody's cautioned that their increasing power has just added more risk to owning corporate bonds, the Financial Times reported.
Venture capitalists are putting their support on travel tech startups that seek to enhance the travel experience of consumers even with the popularity of travel booking platforms, TechCrunch reported.
The console market is apparently facing a substantial decline based on North American console sales from January 2007 and that of January 2014, TechCrunch reported.
Pinterest has published its transparency report on the number of requests it got from government agencies for user data from July to December last year, VentureBeat reported.
Venture capital investment in New York City for the first quarter of 2014 has reached a record of $1.3 billion to date, with startups in the Big Apple raising nearly $200 million in the past two days alone, TechCrunch reported.
From a rosier outlook for the PC industry in December, IDC changed gears and predicted a continuing decline for PC sales this year until 2018, TechCrunch reported.
The Pimco Total Return Fund lagged behind 71% of its peers in February after rebounding from an annual loss of 1.92% last year, Reuters reported.
Kickstarter will most likely surpass the $1 billion mark pledged for the crowdfunding projects launched on the site in the next few days, TechCrunch reported.
Private equity fund managers are employing approaches other than traditional buyouts so they can avoid overpaying for Western companies as competition pushes valuations higher, Reuters reported.
