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Sony Pictures struggles to recover eight days after cyber attack

December 3rd, 2014 (0)
Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the culprit. Some employees at the Sony Corp ...

Top 10 Technology Predictions For 2015

December 3rd, 2014 (0)
  New technologies will account for 100% of growth. Worldwide IT and telecommunications spending will grow 3.8% in 2015 to more than $3.8 trillion. Wireless data, the largest segment of the telecommunications sector, will also be the fastest growing ...

New U.S. oil and gas well November permits tumble nearly 40 percent

December 3rd, 2014 (0)
Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around ...

Wednesday December 3: OSB Daily Technical Analysis – Currency pairs

December 3rd, 2014 (0)
OSB Daily Technical Analysis for December 3, 2014 EURUSD failed to hold above the 1.2400 handle and is likely to retest recent lows at 1.2360. A break below see decline further into the 1.2300 level. Any potential upside is ...

Australia probes bitcoin crime links as currency craves legitimacy

December 3rd, 2014 (0)
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...

Hedge Funds Are Closing Like It’s 2009

December 2nd, 2014 (0)
This year could be the worst for hedge fund closures since the financial crisis, Bloomberg reported. In first half of the year, 461 funds shut their doors, the report said, citing research from Hedge Fund Research Inc. If liquidations ...

Apple tumbles as much as 6 percent in unusual trading

December 2nd, 2014 (0)
Apple Inc (AAPL.O) shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume. Selling accelerated just before 9:51 a.m. EST (1451 GMT), ...

European Audit Regulators on audit quality issues

December 1st, 2014 (0)
Independent audit regulators from Europe, including the Luxembourg, have structured meetings with different stakeholders on audit quality issues. In November, the European Audit Inspection Group (EAIG) met KPMG’s European leadership and the audit standard setters (IAASB/IESBA boards). The meetings are intended to ...

Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides

December 1st, 2014 (0)
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
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