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Report: Alibaba investing $200 million in Snapchat
Hangzhou, China – Alibaba Holding Group Inc. has reportedly invested $200 million in social messaging platform Snapchat. According to Bloomberg, the investment values the Los Angeles-based company, which allows users to send text and photos that disappear in 10 seconds, at $15 billion.
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Study: Most businesses fail PCI compliance
New York - Nearly 80% of all businesses fail their interim PCI compliance assessment, leaving them vulnerable to cyberattacks. According to Verizon’s 2015 PCI Compliance Report, 69% of all consumers are less inclined to do business with a breached organization, making compliance with Payment Card Industry Data Security Standards (PCI DSS) critical.

