E-Commerce Minute

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E-Commerce Minute: Thursday -- July 9, 2015

The E-Commerce Times -- E-Business Means Business
http://www.ecommercetimes.com
Part of the ECT News Network

Headline Scan
NYSE, United Shutdowns Spark Cyberattack Rumors
Bridging the Front and Back Offices
Microsoft Cuts 7,800 as It Rethinks 'Mobile First' Strategy

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Today's Story Highlights

NYSE, United Shutdowns Spark Cyberattack Rumors
The New York Stock Exchange on Tuesday halted all transactions for three
hours, due to what it maintained was a technical glitch. Trading
continued on the other exchanges belonging to its owner, holding company
Intercontinental Exchange. "The markets did not plummet with the
shutdown," said Jim Wright, chief investment officer at Harvest
Financial Partners.
http://www.ecommercetimes.com/story/82254.html

Bridging the Front and Back Offices
I've written many times about how conventional, premises-based ERP seems
to be evaporating. Configuration, pricing and quoting are business
processes that illustrate the point. First, let's all agree that
enterprise resource planning isn't going extinct as it evaporates --
it's too valuable -- but it is getting a haircut. Many of the functions
leaving ERP are condensing back into the front office.
http://www.ecommercetimes.com/story/82253.html

Microsoft Cuts 7,800 as It Rethinks 'Mobile First' Strategy
CEO Satya Nadella has announced that Microsoft will reduce its workforce
by 7,800 as it refines its mobile message and strategy. The company will
write down roughly $7.6 billion associated with assets tied to the
acquisition of Nokia's devices and services business, Nadella revealed.
The restructuring of its own mobile handset division will cost somewhere
between $750 million and $850 million.
http://www.ecommercetimes.com/story/82252.html

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