Thursday 31st May

Today’s stars: Facebook, NFC payments, Virtual Shop WIndow, Open Source, BYOD

Today’s sources: The Guardian, The Paypers, Computing, Internet Retailing, TechWeek, ComputerWeekly, CIO

The Guardian – Mark Zuckerberg sees $4bn wiped off fortune in Facebook IPO disaster – Dominic Rushe
Facebook founder falls out of world’s top 40 billionaires index as shares hit new lows on Wednesday, falling below $30.
The Paypers – 1 in 4 mobile users in the US and Western Europe to pay in-store using NFC by 2017 – report
More than 1 in 4 of US and Western European mobile phone users are set to use their NFC-enabled mobile phones to pay for goods in-store by 2017, compared with less than 2 percent in 2012, a recent report has revealed.

Computing – Cyber crime fighters must focus on risk management, rather than prevention – Peter Gothard
Cyber security professionals should shift their focus from prevention to risk management, Royal Holloway Information Security Group’s Dr Stephen Wolthusen told today’s Westminster UK Cyber Security Strategy eForum.

Internet Retailing – Tesco launches virtual window shopping for its F&F range – Chloe Rigby
Shoppers can now buy F&F clothing direct from the windows of three central London Tesco stores using new technology.

TechWeek – Post Office To Become Biggest User Of Contactless Tech in Europe – Steve McCaskill
Post Office will rollout contactless 30,000 payment terminals from June.
ComputerWeekly – Home Office saves £10m by opting for open source – Kathleen Hall
The Home Office saved £10m by running a key messaging infrastructure on open source software.

Computer Weekly – NFC contactless payments going mainstream
The potential of near-field communications (NFC) to play a central role in mobile’s integration into the retail shopping journey has long been recognised – indeed, some have postulated a “Holy Grail” of mobile retail and payments centred around NFC.

CIO – BYOD: Time to Adjust Your Privacy Expectations – Tom Kaneshige
Employees who want to use their smartphones and tablets for work better be prepared to sign on IT’s dotted line and essentially give away their privacy rights.