January 10, 2014

Tech News Roundup: Week of January 6, 2014

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The consumer marketplace has been abuzz all week, fueled by the stream of new product announcements coming out of the CES conference in Vegas. Still, it hasn’t been a completely silent week in the B2B and business tech sector. We’ve rounded up the important news you need to know, and neatly summarized it below.

1. The Cloud Market Keeps Growing

Cloudera, a firm which monitors Amazon Web Services and other cloud platform usage, says that businesses are spending more than ever to run their applications online. Their average customer spent $65,000 on average per hour, up from $21,500 in December, according to VentureBeat. Cloudera currently manages approximately 15% of all spending on Amazon’s cloud platform, which should give them a fairly representative sample of the industry. The findings also match up nicely with previous reports on the rising trust companies have in cloud storage and computing.

2. Overstock Implements Bitcoin Ahead of Schedule

Overstock made the news in December by announcing they’d begin accepting Bitcoin for purchases sometime around mid-2014. As Forbes reports, however, their CEO assembled a 40 man team (with the help of Bitcoin processing company Coinbase)¬†in order reach that goal a little sooner. As of today, any item on Overstock.com can now be purchased using the cryptocurrency. They expect somewhere around 1% of their sales this year to occur in Bitcoin form.

3. Apple Devices Gain Corporate Acceptance 

While BlackBerry struggles to reinvent itself, and Android continues to dominate the mid-to-lower market segments, Apple seems to be carving out a new niche for itself in enterprise. The Wall Street Journal reports on the increasing acceptance of their devices within large corporations. Cisco, for instance, adopted a BYOD policy in 2009, and now has over 70,000 employee devices in use across their operations. Over three-fourths of those devices are Apple products. One of the factors helping adoption is the rise of cloud-based software (see above), which has lessened the need for strict operating-system uniformity.

4. Additional 70 Million Customers Affected by Target Data Theft

When Target first reported the massive data breach that occurred around Thanksgiving weekend, they said approximately 40 million customers had been affected. Now, the company is saying that the information of 70 million additional customers was also stolen during the theft. Even worse – the stolen information wasn’t just credit card numbers and pin data, but also included the names, addresses, and phone numbers of those customers. The data was stolen from cards swiped through Target’s point-of-sales terminals, after someone managed to implant malware within their central computer system.

5. BlackBerry’s Interim CEO Becomes BlackBerry’s Permanent CEO

John Chen, who was selected as the temporary CEO of BlackBerry in November after the retirement of former CEO Thorsten Heins, announced he has taken on the job permanently. So far, Chen has reshuffled the company’s executive lineup, and arranged to outsource BlackBerry’s hardware production to Asian manufacturer Foxconn.

Have a great weekend, and make sure to check back next week for all the latest in business technology.