Proposed U.S. law aims to counter cybertheft with import bans

A bill proposed in the U.S. Senate aims to block imports of products containing U.S. technology stolen online, a move that appears primarily directed at China.
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Wall Street pushes for exemptions in state social-media monitoring laws

Even as several states have put in place, or are proposing new laws barring employers from monitoring the social media activities of their employees, one Wall Street regulator is seeking exemptions to such rules for some financial services companies.

Lawmakers question patent complaint process at USITC

The U.S. Congress should limit the ability of patent holders that don't make products to file infringement complaints at the U.S. International Trade Commission because of a huge increase in cases there, representatives of some companies told lawmakers Tuesday.

Report: Verizon wants to buy Clearwire spectrum

Verizon Wireless reportedly has offered $1 billion to $1.5 billion for some of Clearwire's spectrum leases, possibly complicating Sprint Nextel's attempt to buy out the company in conjunction with its acquisition by Softbank.

Tech groups protest anti-China provision in U.S. budget resolution

A little-publicized provision in a U.S. government budget resolution that largely prohibits four agencies from using Chinese-made IT products could backfire, several tech trade groups said.

Kotak Securities Leverages Smart Order Routing to Help Customers Stay Profitable

The world of stock broking runs on one word: Speed. But manual processes could play spoilsport and derail business, giving competition an opportunity.  Kotak Securities strove to change that and, on its way, created an industry-first.

 

ingogo secures $1.5m investment

App vendor, ingogo, has secured a $1.5million investment from leading investors in an attempt to fund further expansion of the business' taxi booking and payment platform.

Low latency drives HK data center services for financials

The ability to trade securities at nanosecond speeds has become a reality.

Premier 100 IT Leader: Monique Shivanandan

This IT leader created an innovation lab, where team members partner to develop ideas at breakneck speed.

Banks face tough year but IT spending still positive

Banks in Asia Pacific are expected to grow IT spending by 8.8% in the coming year according to IDC Financial Insights. This is higher than the 7% growth experienced during 2012, noted Michael Araneta, consulting and research Director for IDC Financial Insights Asia/Pacific.

ATMs: convenient, but a security risk

It's hard to remember life without ATMs. In Hong Kong, we can transfer funds, pay our utility bills and even settle tax demand-notes using an ATM. And they even dispense cash.

Dell has its work cut out for it

Taking Dell private is a bold move, but won't ensure success. If you can't recognize opportunities and execute properly as a public company, buying yourself shelter from investors only takes you so far. The bigger challenge will be rejiggering the corporate culture and core processes to make more innovation possible.

Internet and Mobile Banking will be the Big Changes, Going Forward: Naina Lal Kidwai

She is the first woman president of FICCI, a Padma Shri recipient, a Harvard Business School alumnus, and the woman at the helm of one of the world's most renowned banks. Naina Lal Kidwai needs no introduction. As the group GM and country head of HSBC India, Kidwai has been instrumental in charting the growth path of HSBC in India for the past 10 years. In this interview, Kidwai talks about the changes shaping the banking sector, how IT is aiding private banks do a one up on public sector entities, and how it is redefining banking.

Bank of America CIO Says Simplification and Risk Reduction Are Keys to IT Success

Catherine Bessant's journey to the CIO role at Bank of America wasn't your standard ascent through the ranks of IT. Bessant, now Global Technology and Operations Executive, leads a team of more than 100,000 employees and contractors who handle all technology and operations for the giant financial institution. But prior to tackling IT, Bessant was president of Global Corporate Banking, Global Treasury Services and the Global Product Solutions groups. She's also served as chief marketing officer for the bank.

Social media gains in regulated industries

Even if you're knee-deep in regulations, it is possible to get the benefits other kinds of companies do from being active in social media. Here's how some approach it.

Standard Life CFO on how she made it to top finance role

Few people will tell you frankly -- and many would struggle to even acknowledge - their regrets, weaknesses or strengths, especially those sitting on the executive boards of the UK's top companies. But then Jackie Hunt, chief financial officer of FTSE 100 insurer Standard Life, is an exception in many senses.

SAP co-CEO Bill McDermott explains its five-market focus

If you think SAP equals ERP, Bill McDermott would like a few minutes to set you straight about the 2012 version of the software giant, which he claims is in the midst of "an intellectual renewal." McDermott has been co-CEO -- along with Jim Hagemann Snabe -- of SAP since 2010 and has helped broaden the company's strategy beyond traditional applications and analytics to the cloud, mobile, Big Data and a bet-the-business focus on real-time computing with the HANA in-memory database at the forefront. Insider (registration required)