Daily Archives: July 21, 2016

A Painful Lesson For The Ethereum Community

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After a torrid few weeks arguing about what to do, while the DAO became ever more corrupted due to repeated attempts to recover the money without fixing the code problem that made it impossible to prevent the money being stolen again, the Ethereum community has finally bowed to the inevitable. The DAO code has been rolled back to a point prior to the original attack – a “hard fork”. Ethereum has had its first bailout.

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Azure Security Center Raises The Bar For Security

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In December of 2015 Microsoft released a preview of Azure Security Center—a platform designed to merge Microsoft security research with insights into global threats to give customers the tools to defend against emerging threats. Today, Microsoft announced the general availability of Azure Security Center for enterprise customers.

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How Significant Is Australia For Alibaba’s Global Expansion?

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Recently, Alibaba announced that it will open its first office in Melbourne, Australia, as it plans to expand its presence internationally. This expansion is part of the company’s globalization strategy to reach two billion customers in the next two decades. 1300 Australian brands are already sold through Alibaba’s online stores and the company is well known in the region. By opening an office in the country, Alibaba plans to support existing merchants on its platform, encourage more companies to come onto its platform and develop relationships with the government and industry. Its strategy is two pronged: 1) Get more Australian sellers on its platform, which will increase foreign inventory for its Chinese buyers; and, 2) Expand its presence in the Australian e-commerce market to increase its user base. Alibaba also plans to go beyond its core business and introduce its cloud services and payment system (Alipay) in the region. We believe this expansion is important for Alibaba as it looks to become a global player and meet its ambitious growth target.

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