E-Commerce Minute

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E-Commerce Minute: Saturday -- August 20, 2016

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

Headline Scan
Russian Gang Suspected of Hacking Oracle's POS System
Lights Out for Gawker.com
Enterprise Software's Future
Cisco Delivers Good News, Bad News: Solid Earnings, Job Cuts
Cloud Platforms and the Connected-Device Value Chain
Salesforce Reels BeyondCore Into Its Cloud
Intel Snaps Up Nervana to Jump-Start AI

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Today's Story Highlights

Russian Gang Suspected of Hacking Oracle's POS System
Oracle has been investigating a point-of-sale system breach that may be
the work of Russian cyberthieves. Hackers compromised at least 700
computers on the MICROS POS system, used by hundreds of thousands of
hotels, restaurants and retail outlets worldwide to process credit card
transactions, Krebs on Security reported earlier this month. More than
330,000 cash registers worldwide use MICROS.
http://www.ecommercetimes.com/story/83824.html

Lights Out for Gawker.com
Gawker Media owner Nick Denton has revealed that Gizmodo, Lifehacker,
Kotaku, Jalopnik, Jezebel and Deadspin will continue with their current
writers and other staff members following the company's sale to
Univision, but that neither he nor Gawker.com will be included in the
transition. The Gawker sites will be joining The Onion , ClickHole and
other Web properties in Fusion Media Group.
http://www.ecommercetimes.com/story/83823.html

Enterprise Software's Future
What's the direction of the software industry? I'm not indulging in idle
curiosity -- things are changing, and today's events are signaling a
significant shift. The rollout of Software as a Service and the
emergence of relatively good platforms -- which will only get better --
suggest to me that the software industry of 2000, in which cloud and
SaaS began to emerge, is now well in the past.
http://www.ecommercetimes.com/story/83822.html

Cisco Delivers Good News, Bad News: Solid Earnings, Job Cuts
Cisco Systems will cut up to 5,500 employees from its 73,000-strong
global workforce, the company announced Wednesday as part of its Q4
earnings report. The restructuring will allow further investment in key
priority areas such as security, the Internet of Things, collaboration,
next-generation data center and cloud, the company said, along with
optimization of costs in lower-growth areas.
http://www.ecommercetimes.com/story/83820.html

Cloud Platforms and the Connected-Device Value Chain
Internet of Things cloud platforms offer device makers and companies the
opportunity to greatly expand the value of products and services. These
devices are reshaping the value chain by altering product design and
development, manufacturing, marketing, supply chain management and
service after the sale. They also generate new support activities, such
as product data analytics and security.
http://www.ecommercetimes.com/story/83813.html

Salesforce Reels BeyondCore Into Its Cloud
Salesforce has inked an agreement to acquire BeyondCore, a data
analytics firm that already has integrated its latest release with
Salesforce, the companies said Monday. BeyondCore will become part of
the Salesforce Analytics Cloud, extending smart data discovery and
advanced analytics capabilities across the entire Salesforce Customer
Success Platform, said BeyondCore CEO Arijit Sengupta.
http://www.ecommercetimes.com/story/83814.html

Intel Snaps Up Nervana to Jump-Start AI
Intel last week announced the acquisition of startup Nervana, in a bid
to enhance the company's capabilities in artificial intelligence and
deep learning. Nervana jumped out of the gate at its 2014 launch with a
robust platform for deep learning, a framework called "Nervana Neon,"
and the Nervana Engine -- a groundbreaking ASIC chip scheduled for
introduction by the first quarter of 2017.
http://www.ecommercetimes.com/story/83810.html

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