Symantec Corp. (SYMC) , the largest maker of computer-security software, forecast higher profit and sales than analysts predicted as businesses boost spending to defend their systems amid a recent spate of threats. Excluding some costs, profit excluding …
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Jenna Wortham / New York Times:
Instagram Rises as Social Web Embraces Photo Sharing — Digital camera sales may be weak, but thanks to cellphones, picture-taking has never been more of an everyday thing. Now a wave of mobile applications is letting people tweak their cellphone snapshots and share them with friends and strangers.
What is causing the most headaches is the amount of phishing sites that are available through Canada. The country is now ranked 2nd in the amount of phishing sites and has seen the amount of these sites increase by 319 percent in the last year. Canada …
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Olga Kharif / Business Week:
A Russian Star Rises in Silicon Valley — Yuri Milner’s DST has quietly acquired 10% of Facebook — Yuri Milner keeps a telescope in his office on the 57th floor of Moscow’s Nabarezhnaya Tower to check out what’s happening across the city. Judging by his investment portfolio, you’d think it was trained on Silicon Valley instead.