China's inescapable Tencent adds Hollywood movies to its vast 'walled garden'

After getting off work at a real-estate company in eastern China, Zhu Feiyue spends most of his time on his smartphone.

The original article can be found here: http://www.foxnews.com/tech/2017/06/01/chinas-inescapable-tencent-adds-hollywood-movies-to-its-vast-walled-garden.html

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Feds Award $500M Credit-Monitoring Contract Following OPM Breach


The U.S. government spends millions of dollars on information technology systems designed to prevent cybersecurity attacks, but the attacks still occur. Government agencies are hopeful that the learning curve will improve dramatically, and breaches will be reduced. In the meantime, what happens to people affected by a breach after an attack succeeds? This year, the Office of Personnel Management not only was hit with one of the biggest hack attacks ever, but also was criticized for failing to provide the victims with an adequate response.

The original article can be found here: http://www.ecommercetimes.com/story/82524.html?rss=1

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Feds Put Big Money Into IT Innovations


The U.S. government spends tens of billions of dollars each year just to make sure that computer and data processing systems keep functioning on a day-to-day basis. With so much investment allocated for operations and maintenance of legacy systems, it makes sense that far fewer dollars are available for cutting-edge information technology investment — also known as “development, modernization and enhancement” spending.
In fact, O&M spending has been gaining, while DME investments have been shrinking.

The original article can be found here: http://www.ecommercetimes.com/story/81838.html?rss=1

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Report slams wasteful government IT spending

The U.S. government wastes 50 percent or more of the $70 billion to $80 billion that it spends on IT and IT security each year, according to a report released on Thursday by the International Association of Information Technology Asset Managers (IAITAM).

The original article can be found here: http://www.foxnews.com/tech/2015/02/05/report-slams-wasteful-government-it-spending/

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Vendors: It's a New Federal IT Procurement Ball Game


The U.S. government spends tens of billions of dollars each year on information technology — by some estimates more than $100 billion. As a result, IT is a highly visible target when the overall federal budget comes under scrutiny. Problems associated with IT operations — such as the botched launch of the Affordable Care Act — only intensify such scrutiny. Putting the Obamacare issue aside, however, many other factors have affected the way the federal government has managed and acquired IT in the past five years.

The original article can be found here: http://www.ecommercetimes.com/story/81001.html?rss=1

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