Them

Knight Capital’s Clients Are Completely Abandoning Them (KCG)

Source: http://www.businessinsider.com/traders-knight-capitals-clients-have-completely-abandoned-them-2012-8

Volatile Trading Nanex

Knight Capital’s clients have completely flown the coop after a software error in the company’s trading software caused the company to stomach $440 million in losses, according to three different traders consulted by Business Insider.

Wall Street institutions large and small no longer feel comfortable using the market making firm to execute their trades in the wake of the snafu, essentially cutting of its business.

An equities trader explained that Knight was the “last place” he would go to execute a trade. Others expressed befuddlement and the firm’s inability to rectify the trading error for a full 45 minutes.

Wall Streeters’ abandonment of the firm bodes ill for the company’s ability to recoup losses. In May, the company had a daily trading volume of about $21 billion.

Shares of Knight Capital Group fell 63 percent during trading yesterday, and many predict the firm will go under without outside aid.

NOW READ: 10 Technical SNAFUS That Have Wreaked Havoc With The Markets >

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Friday, August 3rd, 2012 news No Comments

Pinterest Followed 274 of My Friends And Notified Them

Source: http://techcrunch.com/2012/02/07/pinterest-monthly-uniques/

According to comScore, the average Pinterest user spend 98 minutes per month on the site, compared to 2.5 hours on Tumblr, and 7 hours on Facebook. If you don’t count sites like Google+ or new Yahoo channels that have built in user bases, comScore’s data shows Pinterest would be the fastest site of any kind to hit 10 million monthly uniques in the U.S.

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Wednesday, February 15th, 2012 analytics, statistics No Comments

If You Use Any Of These 25 Passwords On Your Computer You Better Change Them Now

Source: http://www.businessinsider.com/if-you-use-any-of-these-25-passwords-on-your-computer-you-better-change-them-now-2012-1


hackers computerRemember how all those lazy Subway managers caused millions of dollars to be stolen from customers?

A band of hackers was able to guess the passwords to their point-of-sale systems and went to town nabbing credit and debit card numbers from everyone who walked into the restaurants.

Don’t let that happen to you, people.

The Internet Crime Complaint Center just released 25 of the most commonly hacked passwords of 2011.

It boggles the mind to think people are still using these everyday words [e.g.: Monkey, football, 123456) to protect devices that hold all their financial data – especially in the workplace.

Raise your virtual hand if your employer assigns workers a single password to access company databases, content management systems or email accounts. (See 11 ways to protect yourself when shopping online.)

“Sharing passwords among users in a workplace is becoming a common theme to continue the flow of operations,” the ICCC says, but “users have prioritized convenience over security when establishing passwords.”

Here’s the full list of passwords to avoid:

  1. password
  2. 123456
  3. 12345678
  4. qwerty
  5. abc123
  6. monkey
  7. 1234567
  8. letmein
  9. trustno1
  10. dragon
  11. baseball
  12. 111111
  13. iloveyou
  14. master
  15. sunshine
  16. ashley
  17. bailey
  18. passw0rd
  19. shadow
  20. 123123
  21. 654321
  22. superman
  23. qazwsx
  24. michael
  25. football

Now see the dirty dozen internet scams to watch out for this holiday season >

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Thursday, January 5th, 2012 news No Comments

If You Use Any Of These 25 Passwords On Your Computer You Better Change Them Now

Source: http://www.businessinsider.com/if-you-use-any-of-these-25-passwords-on-your-computer-you-better-change-them-now-2012-1


hackers computerRemember how all those lazy Subway managers caused millions of dollars to be stolen from customers?

A band of hackers was able to guess the passwords to their point-of-sale systems and went to town nabbing credit and debit card numbers from everyone who walked into the restaurants.

Don’t let that happen to you, people.

The Internet Crime Complaint Center just released 25 of the most commonly hacked passwords of 2011.

It boggles the mind to think people are still using these everyday words [e.g.: Monkey, football, 123456) to protect devices that hold all their financial data – especially in the workplace.

Raise your virtual hand if your employer assigns workers a single password to access company databases, content management systems or email accounts. (See 11 ways to protect yourself when shopping online.)

“Sharing passwords among users in a workplace is becoming a common theme to continue the flow of operations,” the ICCC says, but “users have prioritized convenience over security when establishing passwords.”

Here’s the full list of passwords to avoid:

  1. password
  2. 123456
  3. 12345678
  4. qwerty
  5. abc123
  6. monkey
  7. 1234567
  8. letmein
  9. trustno1
  10. dragon
  11. baseball
  12. 111111
  13. iloveyou
  14. master
  15. sunshine
  16. ashley
  17. bailey
  18. passw0rd
  19. shadow
  20. 123123
  21. 654321
  22. superman
  23. qazwsx
  24. michael
  25. football

Now see the dirty dozen internet scams to watch out for this holiday season >

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Join the conversation about this story »

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Thursday, January 5th, 2012 news No Comments

In Case You Needed More Proof Android Is Walloping iOS (AAPL, GOOG, RIMM)

Source: http://www.businessinsider.com/comscore-mobile-subscriber-market-share-2011-12


ComScore’s three-month report on mobile subscribers (ending in November) is out.

The results: Samsung is the number one phone manufacturer in the U.S. and Android is still the top mobile OS.

Apple did see its smartphone market share grow a bit, from 27.3% to 28.7% in the last three months. But Google’s Android platform is still crushing it with 46.9% of the smartphone market in the U.S.

RIM’s BlackBerry OS continues to flail, dropping to 16.6% of the market from 19.7% three months ago. Windows Phone is treading water with about 5% of the market.

Here’s the chart:

comscore november 2011 mobile os report

When it comes to hardware manufacturers, Samsung now has more than a quarter of the market in all mobile phones, including non-smartphones. Apple made a nice jump in the last three months, with the iPhone now accounting for 11.2% of the mobile phones in the U.S.

Here’s the manufacturer breakdown:

comscore november 2011 mobile oem

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Thursday, December 29th, 2011 news No Comments

A False Groupon Offer Ruined Christmas In This British City

Source: http://www.businessinsider.com/groupon-uk-christmas-york-2011-12


york

A false Groupon offer for a Santa’s grotto in the English city of York has lead to the resignation of one of Santa’s elves, reports the Telegraph.

Groupon mistakenly sent out an email to parents saying that the grotto would be offering a festive train ride. It wasn’t, and when 2,000 families turned up with vouchers from the website and learned of no train ride, it wasn’t a pretty scene.

It is reported that the grotto’s staff received so much abuse from angry parents that one of Santa’s elves resigned, unhappy at the treatment he had been subject to.

It is thought that Groupon may have confused the grotto in York with another one in the nearby city of Hull, which did have a train ride.

The mistake comes as Groupon is under investigation by the British Office of Fair Trade with the company reportedly violating 50 advertising regulations this year.

The Telegraph reports that the company could be taken to court over the violations and may face both criminal and civil charges.

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Friday, December 2nd, 2011 news No Comments

These Time Magazine Covers Explain Why Americans Know Nothing About The World

Source: http://www.businessinsider.com/these-time-magazine-covers-explain-why-americans-know-nothing-about-the-world-2011-11


It’s not news that Time magazines uses different covers for its different regional editions, but it’s only when you gather them all together — so you can see what Europe and Asia read in Time compared to what Americans read in Time — that it becomes clear how insular the U.S. edition of Time is.

If you live abroad, the current edition of time features a dramatic picture of an Arab rebel wearing a gas mask under the headline “Revolution Redux.” In America, we got “Why anxiety is good for you”:

time magazine covers

Hmm.

Publishing ain’t easy, of course. Editors need to pick what sells (and what sells advertising). There are good reasons why the U.S. audience won’t be as interested in Tintin as Europe’s would be, which explains why Tintin dominated the foreign Time covers on Oct. 31. In the U.S., to Time’s credit, that edition featured “The China Bubble,” a piece about whether economic growth in the East is sustainable.

That laudable example aside, however, this collection of recent Time covers does make us Americans look like we’re just not that interested in the rest of the world.

While the rest of the world gets a thoughtful piece about Islam, the U.S. gets … chores!

Cold Turkey

Turkish prime minister Recep Tayyip Erdoğan may be the key democratically elected Muslim leader who stands at the crossroads between East and West, but hey! What about these inventions?!

Mom liked them best …

The Nov. 14 editions were soft features in all regions, but American exceptionalism was alive and well.

See the rest of the story at Business Insider

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Monday, November 28th, 2011 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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