E-Commerce Minute

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E-Commerce Minute: Friday -- October 14, 2016

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

Headline Scan
Big Data and Analytics: Creating New Value
Snap Lines Up Bankers for Spring IPO
FCC Slaps Comcast With $2.3M Overbilling Fine
Amazon Throws the Books at Prime Subscribers
Odinaff Trojan Targets Banks, Financial Firms Worldwide
Rethinking Business Process Reengineering in the Cloud
Dreamforce Redux
Samsung Down, Galaxy Note7 Out

Today's Story Highlights

Big Data and Analytics: Creating New Value
The massive amount of data available from connected devices creates an
unprecedented opportunity for increased optimization of products and
services -- and, consequently, revenue. The deep investment in big data
gathering and analytics is fueled by an ability to create added value
for companies based on actionable business insights, and for consumers
by providing lifestyle benefits.
http://www.ecommercetimes.com/story/83998.html

Snap Lines Up Bankers for Spring IPO
Snap this week hired Morgan Stanley and Goldman Sachs Group to manage
its IPO, according to multiple reports. JPMorgan Chase, Deutsche Bank,
Allen & Co., Barclays and Credit Suisse Group reportedly also will play
a role. The IPO, expected as early as this spring, could result in a
valuation of $25 billion or more. That would make Snap one of the
highest-profile IPOs in years.
http://www.ecommercetimes.com/story/83993.html

FCC Slaps Comcast With $2.3M Overbilling Fine
The FCC on Tuesday announced that Comcast would pay a record $2.3
million fine to settle its investigation into whether the cable operator
improperly charged customers for services and equipment they never
approved, a practice known as "zero billing option." Federal law bans
cable operators from charging customers for unauthorized equipment or
services.
http://www.ecommercetimes.com/story/83995.html

Amazon Throws the Books at Prime Subscribers
Amazon last week launched Prime Reading -- a new benefit for subscribers
to its US$100-a-year Amazon Prime service that lets them access content
for free. That content will come from more than 1,000 top Kindle books,
Kindle Singles, magazines, comic books, children's books, and classic
works from writers such as Kurt Vonnegut, Norman Mailer and Gloria
Steinem.
http://www.ecommercetimes.com/story/83971.html

Odinaff Trojan Targets Banks, Financial Firms Worldwide
Symantec on Tuesday reported on a malware campaign that has targeted
financial organizations worldwide for the past 10 months. Dubbed
"Trojan.Odinaff," it has infiltrated the banking, securities, trading
and payroll sectors, as well as organizations that provide them with
support services. Odinaff is used in the first stage of an attack, to
get a foothold into a network.
http://www.ecommercetimes.com/story/83987.html

Rethinking Business Process Reengineering in the Cloud
Nearly 25 years ago, Michael Hammer and James Champy coauthored one of
the most influential business books of the period, Reengineering the
Corporation: A Manifesto for Business Revolution , anticipating some of
the important changes that lay ahead. The corporate world was trying to
cope with the growing pressures of globalization and the advent of
personal computing.
http://www.ecommercetimes.com/story/83986.html

Dreamforce Redux
Dreamforce for many years has been too big for a single person to cover.
While I participate in covering events like this, inevitably I am
reduced to the story of the three blind people and the elephant. You
can't experience enough of the elephant to describe it unless you can
see it. Using your hands leaves you frustrated. In the case of
Dreamforce, you can't go to all of the sessions.
http://www.ecommercetimes.com/story/83985.html

Samsung Down, Galaxy Note7 Out
Samsung shares fell sharply on Tuesday after the company confirmed
reports that it had halted production of its flagship Galaxy Note7
smartphone, just launched this summer. The move came after several
replacement phones reportedly smoldered or caught fire. Shares fell 8
percent in the Korean market. Samsung had been working with the U.S.
CPSC on a voluntary recall and replacement program.
http://www.ecommercetimes.com/story/83984.html

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