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October 8, 2012
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The Game Changer 
  • Tech innovation threatened by government cutbacks, experts say
    The technology industry has U.S. government research and development funding to thank for billions of dollars in annual revenues, but that link could be severely strained under current budget guidelines that aim to cut $12 billion from federal R&D, according to a report from the American Association for the Advancement of Science. Robert D. Atkinson and Stephen J. Ezell of the Information Technology and Innovation Foundation call such cutbacks "completely shortsighted" and say they threaten to undermine America's technological excellence. The New York Times (tiered subscription model) (10/6) LinkedInFacebookTwitterGoogle+Email this Story
Emerging Tools 
  • Agencies seek public support for Big Data innovation
    A trio of federal agencies is looking to engage the American public to garner ideas about how to best utilize the massive amounts of data housed on government servers. NASA has joined forces with the Energy Department and the National Science Foundation to launch "The Big Data Challenge" -- a series of four contests, beginning with an "ideation challenge" designed to find new tools and methods for analyzing unique data sets. InformationWeek (10/5) LinkedInFacebookTwitterGoogle+Email this Story
Security Update 
  • Chinese firms draw fire in House Intelligence report
    The House Intelligence Committee is scheduled to release a report today recommending that Chinese telecom giants Huawei Technologies and ZTE be barred from acquiring U.S. companies because they could potentially be co-opted by their nation's government as part of its cyber-espionage program. The conclusions, which follow an 11-month investigation and are based partly on interviews with former employees, also recommend that the U.S. government avoid buying equipment from the firms. Huawei has called the charges "baseless." Reuters (10/8), The Wall Street Journal (10/7) LinkedInFacebookTwitterGoogle+Email this Story
Tech Business 
  • Study: Cybercrime is on the rise, and so are costs
    Cybercrime incidents have increased for the third consecutive year, as have related costs, according to a Hewlett-Packard-sponsored study from the Ponemon Institute, which found the average cyber-attack costs for U.S. entities this year ran about $8.9 million. "We found that U.S. companies were much more likely to experience the most expensive types of cyber attacks, which are malicious insiders, malicious code and web-based incidents," the study stated. WebProNews (Lexington, Ky.) (10/8), Network World (10/8) LinkedInFacebookTwitterGoogle+Email this Story
Managing IT 
Most Clicked 

Top five news stories selected by SmartBrief on ExecTech readers in the past week.

  • Results based on number of times each story was clicked by readers.
Geeking Out 
  • World's farthest free fall rife with danger
    An Austrian skydiver could break the sound barrier wearing nothing but a pressurized suit and a parachute on Tuesday when he attempts to break the record for the farthest free fall. The 120,000-foot leap of faith will take place from a specialized capsule attached to a helium balloon. Scientists say the jumper, Felix Baumgartner, faces a number of potential hazards, not the least of which are freezing, "boiling blood" and the potential to spin so fast he could go temporarily blind. FoxNews.com/LiveScience (10/7), Wired.com/Dot Physics blog (10/6) LinkedInFacebookTwitterGoogle+Email this Story
SmartQuote 
If you take any major information technology company today, from Google to Intel to Qualcomm to Apple to Microsoft and beyond, you can trace the core technologies to the rich synergy between federally funded universities and industry research and development."
--Peter Lee, a corporate vice president of Microsoft Research, as quoted by The New York Times
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