Small Business

Sony's chief executive condemns 'vicious' cyber-attack on film division

Sony's top corporate executive on Monday condemned the recent hacking assault against Sony's film division by saying his employees had been the victims of a "vicious and malicious cyber-attack," while adding that he's proud of them for standing against "the extortionist efforts of criminals." CEO Kazuo Hirai, who hasn't spoken about publicly about the hack before, opened a press event at the International CES trade show by saying he "would be remiss" if he didn't mention the controversy over the Sony comedy, "The Interview." Hackers calling themselves the "Guardians of Peace" managed to cripple the computer systems of Sony Pictures Entertainment in late November, before subsequently releasing a trove of sensitive corporate and employee records.

Worker Vacations Pose Security Risks for Businesses

Bosses may want to be careful what they wish for when it comes to expecting employees to work through their vacation. New research has found that workers are not accessing their work networks securely when they are on vacation.

2Q Sees Most Venture Funds Since 2007

More venture capital firms raised funds in the second quarter of 2014 than any quarter seen since 2007. According to fresh data, 78 funds raised $7.4 billion in new commitments. 

Most Corporate Venture Capital in 14 Years

Corporations are increasingly backing startups, setting a record for venture capital with $5.4 billion invested in 775 deals in 2014, the most since 2000, according to newly released data from the National Venture Capital Association.

6 Back-to-School Lessons for Leaders

There’s something special about the first month of the school year. How can leaders take advantage of the back-to-school spirit?

Most Venture Funding Since 2001

The second quarter of this year saw the most U.S. venture funding since the dotcom boom days, according to data from Thomson Reuters and the National Venture Capital Association.

Bitcoin Investment Skyrockets

There has already been more venture capital poured into digital currency bitcoin this year than all of the last year, CoinDesk data shows. In fact, $113 million has been invested into bitcoin startups in 2014.