Nov. 25 (Bloomberg) – British venture-capital investors in recent years have traded the leafy courtyards of Cambridge for the hipster coffee bars and converted warehouses of Shoreditch, a once-gritty East London neighborhood brimming with startups. Now, they’re dusting off their tweed blazers and train passes.
Singapore authorities are investigating a breach of Prime Minister Lee Hsien Loong’s website last night, one day after he said he would track down a group that announced plans to hack government online portals.
Spending on cyber security may be one of the few areas to gain as the Pentagon prepares to meet President Barack Obama ’s goal of cutting $400 billion in defense spending over the next 12 years, said William Lynn , the U.S. deputy secretary of defense.
BAE Systems Plc, Europe’s largest defense company, predicted the field of military contractors selling data-protection contracts will shrink as increasingly sophisticated demands from clients push out some competitors.
Inez Tenenbaum, the chairman of the U.S. Consumer Product Safety Commission since 2009, is joining Nelson Mullins Riley & Scarborough LLP on Dec. 1. She will work with the law firm’s product safety, risk prevention and regulatory practice group.
Barack Obama’s top individual fundraiser, a former technology executive who collected millions of dollars for the president, is seeking as much as $1 billion for a private-equity fund that will invest in infrastructure and renewable energy, according to a person with knowledge of the matter.