"Social media tools such as Twitter and Facebook are rapidly gaining acceptance as useful tools in the armoury of the incident manager".
"Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation."
"Lax corporate security allowed hackers to steal credit card and other personal information from more than 600,000 customers of Wyndham Worldwide hotels, resulting in at least $10.6 million in fraudulent charges, the Federal Trade Commission alleged in a lawsuit Tuesday."
"Already choking through one of the worst wildfire seasons in recent memory, Colorado found itself dealing with a new series of blazes this week, driven by a relentless heat wave that has threatened to further fan the flames."
"Today, within minutes of a disaster, the public begins to self-manage response via Facebook, Twitter, Open Street Map, and other social media systems."
"Already grappling with weak profits and global economic turmoil, 15 major banks were hit with credit downgrades on Thursday that could do more damage to their bottom lines and further unsettle equity markets."
"EBay plans to build a data center to handle its billions of dollars in retail transactions that will draw its power from alternative energy fuel cells rather than the national power grid, which is heavily dependent on coal plants."
"Jamie Dimon, the chief executive of JPMorgan Chase, tussled with lawmakers on Tuesday in his second showdown in Washington since JPMorgan, the nation’s largest bank, disclosed a multibillion-dollar trading loss."
"Most banks know about the cloud, and many have even started to develop limited private clouds, leveraging the massive computing power of their internal data centers."
"Funding for BioWatch, an early warning system to detect deadly pathogens in 30 U.S. cities, may be in jeopardy after cost estimates surged to $5.7 billion, six times the initial assessment."
"Your organization has spent considerable resources preparing for disruptive events, and now a crisis is looming."
"When an ice storm hit Austin, Texas, in February 2011, Judy Henry decided it was time to provide real-time public health data to officials in the EOC. "
"The Federal Trade Commission assessed an $800,000 penalty on Tuesday against Spokeo, a data collector that the commission said violated federal law by compiling and selling people’s personal information for use by potential employers in screening job applicants."
"Some top J.P. Morgan Chase JPM -0.02% & Co. executives and directors were alerted to risky practices by a team of London-based traders two years before that group's botched bets cost the bank more than $2 billion, according to people familiar with the situation."
"The month of May was the beginning of what the oil business would call “a big gusher.” "
"If the collapse of the commodities brokerage firm MF Global were a murder mystery, the revelation that $1.6 billion of customer money had disappeared would be the equivalent of finding the corpse."
"Security researchers have confirmed that a file containing 6.5 million encoded LinkedIn passwords has been posted to a Russian hacker site."
"It began as a hobby for a teenage computer programmer named John Matherly, who wondered how much he could learn about devices linked to the Internet. "
"There are rarely yelling matches in business ethics."