RJ and Makay

Thursday, Feb 02nd

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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

Hacked companies reluctant to admit it

Posted by RJ and Makay on Feb 02, 2012

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Cyber securityCyber criminals have infiltrated the computer networks of at least a half-dozen major U.S. companies, but the firms have not admitted the incidents despite recent Securities and Exchange Commission (SEC) guidance urging such disclosures.  Top securities officials believe that hacking is common in the corporate world yet companies are reluctant to admit such breaches.

Smartphone owners press on the toilet

Posted by RJ and Makay on Feb 02, 2012

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SmartphonesThree-quarters of Americans say they use their smartphones while on the toilet, according to a new 11mark “IT in the Toilet” survey.  Of those aged 28 to 35, the percentage rises to 91%. The most common activities included talking, texting, shopping, using apps and surfing the web.  Only 47% of survey responders aged 65 or older admitted to using their mobile devices while on the throne. Equal numbers of men and women engage in the habit.

Facebook chooses Morgan Stanley to lead IPO

Posted by RJ and Makay on Feb 01, 2012

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Initial public offeringFacebook Inc. has chosen Morgan Stanley to lead its planned initial public offering (IPO).  The social networking giant filed with the Securities and Exchange Commission (SEC) today to raise at least $5 billion through the IPO, and plans to begin to sell stock this spring under the ticket symbol FB. It would be one of the biggest debuts in market history and will provide investors with a view of Facebook’s operations, business performance and executive pay.

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