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Anonymous Makes Mischief With Manufactured Hack Claim

"The leak was fake. As far as we can tell, PlayStation Network has not been hacked again," Mikko Hypponen, chief research officer of Internet security firm F-Secure, told the E-Commerce Times Despite all the evidence in Sony's favor, the company most likely is none to thrille...

Gov’t Gives Walmart Go-Ahead to Dig Into China

"Walmart is committed to the development of our e-commerce business in China," Dan Toporek, communications for Walmart, told the E-Commerce Times. "We are impressed with Yihaodian's strong management team and pleased with our investment." Walmart did not release any financial ...

Judge Presses Patent Warriors to Smoke Peace Pipe

"Certainly one risk to both parties is that she is very aggressive on finding infringement," she told the E-Commerce Times. There are also risks for both companies as they try to prove damages, Milone added.

Retailers Cram Another Payment System Into Bulging Mobile Wallet

"The MCX plan, as I understand it, is initially to have a mobile wallet, which would compete with similar offerings from Google and Isis," Thomas Goldsmith, spokesperson for the Electronic Transactions Association, told the E-Commerce Times. "Beyond that, it's not clear yet what MCX plans to do."

Angie’s List Takes a Wallop on Wall Street

"It's not completely uncommon to see drops like we saw in Angie's List after a lockup period expires," Andrew Thrasher, an investment analyst with Financial Enhancement Group, told the E-Commerce Times "You essentially have a built-in group of potential sellers who have had to...

Doubt Descends on $199 Surface Rumor

"I do not think the Surface will be priced anywhere near $199 without a monthly subscription service, as it would destroy all the other Windows RT tablets that were referenced in Microsoft's latest blog post," he told the E-Commerce Times. For Microsoft, a latecomer in the ta...

Barnes & Noble Tosses Nook to the Discount Pile

"Look at projections for the tablet market and they are nothing short of mushrooming," he told the E-Commerce Times. People need to remember that the traditional buyers of the Nook are highly price conscious, he continued. "I think Barnes & Noble is lowering the price to mak...

Barnes & Noble Tosses Nook to the Discount Pile

"Look at projections for the tablet market and they are nothing short of mushrooming," he told the E-Commerce Times. People need to remember that the traditional buyers of the Nook are highly price conscious, he continued. "I think Barnes & Noble is lowering the price to mak...

GOVERNMENT IT REPORT

Greater Malware Threats Demand Greater Federal Agency Vigilance

"NIST is a non-regulatory agency and does not require or track agency cybersecurity implementations," Murugiah Souppaya, research associate at NIST's computer security division, told the E-Commerce Times "Based on our discussions with agencies and the results of the open comm...

Groupon Investors Head for the Hills

"From what we've heard in the street, many businesses aren't seeing returning customers from the deals they've provided," Crandall told the E-Commerce Times. "Groupon will need to find the correct balance with the SMBs it supports, and this will take time to develop." Groupon ...

App.net Chases Ad-Free Social Network Dream

"Twitter is sticky enough with large network effects [and] a smooth and convenient broadcast distribution process that it will take more than a few ads to drive folks to another micro-blogging network," he told the E-Commerce Times. "To date, the efforts at more communitarian...

Google Ventures Further Into Travel With Frommer’s

"Google wants to own the content," he told the E-Commerce Times. "By owning the content it can have a hand in steering the content, through steering the content it can drive sales through its own commerce portals. Frommer's gives Google a hand in editorial content and commerce travel revenue." ...

Google May Slough Off Big Chunk of Motorola Workforce

The acquisition amounted to a "vote of confidence" in Motorola's patent portfolio,Silva told the E-Commerce Times. "This was an intellectualproperty buy more than anything else." Google did not respond to our request for further details....

IBM Kicks Tires of RIM’s Enterprise Services Unit

"I think this rumor makes lots of sense, because IBM's employees are hooked on Blackberries and IBM does not want [RIM] to go away," he told the E-Commerce Times. "If it can get the enterprise division at a low price, it won't have to switch its people to a new service." If t...

New Google Rules Pound Sites for Takedown Notices

"I think it's more of a move to appease the big content makers and distributors than it is a potential statement on legislation," Firemark told the E-Commerce Times. "The bottom line is that Google benefits a lot from improving their algorithms in whatever way they decide make sense, and if they open it up and say to the world that they promote legally obtained content and demote anything that is illegitimate, it gives more credibility with big businesses." ...

Mobile Payments Chicken-Egg Problem Goes to Committee

"The future is about mobile payments," Kagan told the E-Commerce Times. "It is successful in other countries. The USA is actually behind other countries. So it will happen. It's just a question of when." This time could be the charm, especially as the players are finally sit...

Mayer Mulls Putting Alibaba Cash to Work

"In the context of Levinsohn's stewardship of the company, the return of capital associated with the Alibaba deal was highly appropriate, both because of the nature of Yahoo, the operating company, under Levinsohn was most likely going to be more of what we already saw in Yahoo, if perhaps an incrementally better version of it when contrasted with the prior regimes," he told the E-Commerce Times. "In that context, a value focus for the company and the stock was highly appropriate."

StoryBundle Offers Worthy Indie E-Books on the Cheap

"There are so many different genres out there, and this model is so flexible that putting a bundle together is not something we are worried about," founder Jason Chen told the E-Commerce Times. 5 Books for How Much?...

Oh Yeah! Ouya Raises Big Money for Open Source Game Console

"The biggest benefit of the overwhelming Kickstarter support is likely to be how the publicity raised Ouya's profile," King told the E-Commerce Times. "I expect it'll result in contact with potential partners and backers the company would never have been able to meet with otherwise."

HP Groans Under Weight of Failed EDS Merger

"HP's plan with EDS was to compete against IBM and Oracle," David Cadden, a professor of management at Quinnipiac University, told the E-Commerce Times. "But the management team at HP did not have the right contacts that would have enabled them to do that." Another problem fo...

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