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AMNews: Microsoft Acquires Prodiance, Bitcoin Evolves, Citigroup Networks Hacked, Wii U Available On Pre-order At Zavvi

Windows maker Microsoft has moved to acquire business software solutions provider Prodiance in a bid to give a boost to its Excel Microsoft Office tool. Prodiance offers enterprise risk management (ERM) software to businesses. Microsoft plans to integrate the company’s database and risk management tools with its own future Microsoft Office and SharePoint offerings

Bitcoin - a virtual currency which has recently evolved as the latest happening thing in the underground geek community for selling and purchasing goods, is spreading its wings all over the Web real fast. The virtual currency is the brainchild of Jeff Garzik, known for his hacking skills as well as the inventor of Bitcoin.

Software giant Microsoft has denied allowing Russian security agency, the FSB, to spy on users of Skype, the popular VoIP client that Microsoft acquired recently. The FSB had earlier caused a controversy by demanding internet communication services like Gmail and Skype.

In yet another shocking incident of hackers breaking into the networks of big corporate houses, it has been disclosed that Citigroup, one of the biggest name in the US banking business, had suffered a massive hack-attack in May that put the sensitive data belonging to thousands of its customers at risk.

UK based online retailer Zavvi is taking pre-orders for Nintendo’s next generation Wii U console, new reports confirmed. With this, it has become the first online retailer in UK to start taking pre-orders for the much anticipated gaming console. The official Zavvi page for the offering has placed the price of the Wii U at almost £400.

Ravi Mandalia

Ravi Mandalla was ITProPortal's Sub Editor (and a contributing writer) for two years from 2011. Based in Ahmedabad, India, Ravi is now the owner and founder of Parity Media Pvt. Ltd., a news and media company, which specializes in online publishing, technology news and analysis, reviews, web site traffic growth, web site UI. Ravi lists his specialist subjects as: Enterprise, IT, Technology, Gadgets, Business, High Net Worth Individuals, Online Publishing, Advertising, Marketing, Social Media, News, Reviews, Audio, Video, and Multi-Media. He has also previously worked as Dy. Manager - IT Security at (n)Code Solutions.