Biggest threat to digital economy: malicious software

If you own a startup business that utilises computers one of the first things that you should think about is purchasing some type of antivirus software to protect your business assets and your future profits. Many people do not realise the full effect that one virus can have on a business system until it is too late, but with proper education you can understand the risks of leaving your business unprotected and take steps to make sure that it is safe at all times.

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Posted in Technology | Tagged banking information, Business, business accounts, business assets, business computers, business day, business doors, business files, business system, business transactions, computer systems, credit card numbers, full effect, hacker access, physical addresses, proper education, security breach, sensitive business, startup business, Technology, UK, virtual doors, worst case scenario | Leave a comment

France and Germany to agree 2 trillion euro rescue package

France and Germany have come to an agreement before the weekend EU summit that allows the countries to boost the rescue fund of the Eurozone up to £1.75tn as part of a new plan to help calm the sovereign debt crisis and will be introduced to other leaders at the summit. The news came after severe market pressure was placed on France following a warning that Moody’s could remove the AA rating because of how much it costs to bail out the Eurozone members and the banks.

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Posted in European News | Tagged aa, banks, bond yields, Business, debt crisis, diplomats, dow jones, EU, eurozone, franco, gap, Germany, investors, market pressure, money, new deal, percentage point, sovereign debt, stock markets, summit | Leave a comment

Groupon aims to raise $540m on public stock market

Groupon has finally set a price tag on its public offering valuing its total worth at £7.2bn making it the largest social media debut on the public stock market since LinkedIn debuted back in May of this year. A prospectus placed with the exchange and securities commission revealed that the company that is based in Chicago will place 30m shares up for grabs on Nasdaq which will total up to about  4.7% of its equity valued at share prices of $16-$18.

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Posted in International Business | Tagged 3m, 750m, Business, credit suisse, debt crisis, goldman sachs, grabs, internet coupon, morgan stanley, nasdaq, price tag, profits, prospectus, public offering, public stock, quarter growth, securities commission, share prices, Stock Market, Technology, three months, underwriters, US | Leave a comment

FSA chief admits wrong about urging UK to join the Euro

Lord Turner, the Chairman of the Financial Services Authority, has publicly stated that he may have been wrong about pushing the UK to adopt the Euro stating that he did not predict the sovereign debts of the EU and the Euro bank failures that occurred this year. In fact, known as being one of the largest advocates of the Euro, Turner bluntly stated in an interview he gave this month that he was wrong.

Turner originally believed that by taking the Euro the standard of living in the UK would be increased and would help to balance out the exchange rates that have dropped hurting export based businesses within the country. Continue reading

Posted in Economic News | Tagged advocates, bank failures, brink, coordination, debt crisis, debts, decade, dissolution, economic policy, enlightenment, Euro, euro bank, eurozone, exchange rates, faults, financial services authority, living in the uk, nerve, productivity, single market, sovereign debt, UK | Leave a comment

HP still considering exit from PC and tablet business

As rumours have floated around the technology world about HP’s future in the world of hardware, the company has confirmed that it will stop making phones, tablets, and PCs and instead refocus its development on software. It has also emerged that HP has already made plans to purchase the autonomy software firm for an estimated £7.1bn. HP is also thinking about selling off its personal systems group which would be huge given the fact this includes its large PC business and will make its webOS devices obsolete.

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Posted in Technology | Tagged autonomy, Business, business growth, decade, hardware company, hp, palm, pc business, personal systems group, quite some time, reliability, shock, smartphone, software firm, technology sector, technology world, UK, webos | Leave a comment