Cybercrimes represent $104B in corporate losses
October 14, 2013
Cybercrime continues to increase, with 92 percent of Forbes Global 2000 companies reporting data breaches in the last 12 months.
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Puerto Rico chosen as ‘Code for America’ program host
October 14, 2013
After competing against 50 cities, Puerto Rico was recently selected to host the Code for America program, a non-partisan, non-political nonprofit that brings web-industry professionals together with city governments to promote openness, participation, and efficiency in municipal governments.
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Puerto Rico bankruptcy filings up 4% in September
October 3, 2013
The 874 bankruptcy cases filed in Puerto Rico in September were 4 percent higher than those on record for the same month last year.
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S&P revises outlook on Puerto Rico COFINA bonds
October 1, 2013
Basing its assessment on Puerto Rico’s declining economy and population, Standard & Poor's Ratings Services revised Monday its outlook on Puerto Rico Sales Tax Financing Corp.'s (known as COFINA) first- and second-lien bonds to negative from stable.
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CNE: Puerto Rico’s fiscal base has, will continue to erode
September 18, 2013
Puerto Rico's socioeconomic fiscal base has eroded and continues to erode significantly, while the central government and some public corporations are basically insolvent.
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Puerto Rico gets $1.4M for safety broadband network
September 12, 2013
The U.S. Commerce Department’s National Telecommunications and Information Administration this week awarded a $1.4 million grant to Puerto Rico under the State and Local Implementation Grant Program to help in planning for the island’s First Responder Network Authority, known as FirstNet.
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Economist: Puerto Rico’s labor market at crossroads
September 10, 2013
Puerto Rico’s labor market is at a crossroad, with thousands of productive workers fleeing to the U.S. mainland in search of professional opportunities that may not be available locally.
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Delta to host BloggerCon, international tourism panel
September 5, 2013
Delta Air Lines, this year’s lead sponsor of Puerto Rico BloggerCon 2013, will host a panel of renowned bloggers from Argentina, Brazil, Colombia, Mexico and Spain to address the impact of social media on the travel and tourism industry.
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Puerto Rico climbs notch in WEF report taking 30th place
September 4, 2013
Puerto Rico climbed one more notch in this year’s edition of the World Economic Forum’s “Global Competitiveness Report,” landing in 30th place among 148 countries around the globe.
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Google exec: Connected consumers expect relevant ads
September 3, 2013
Today’s generation lives in a multiscreen world, where people are connected all day, to the point that they are called “Generation-C,” due to their digital and participatory nature, their link to mobile devices and the type of relationships they develop through the Internet.
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Puerto Rico GDB head reacts to Barron’s cover story
August 27, 2013
Puerto Rico has made significant progress in addressing its financial challenges and continues to focus on taking aggressive action to achieve fiscal stability and promote economic growth, said Government Development Bank for Puerto Rico Acting President José Pagán, in response to a story by published respected weekly paper Barron’s.
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Puerto Rico bankruptcies drop 2% in July, up 3% Y-T-D
August 27, 2013
Puerto Rico bankruptcies were down 2 percent in July, when 821 cases were filed at the U.S. Bankruptcy Court, research firm Boletín de Puerto Rico disclosed Monday.
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Puerto Rico seeking $31.5M in FCC broadband funding
August 26, 2013
The Federal Communications Commission announced last week it has received requests from telecommunications providers in 44 states and Puerto Rico for more than $385 million in money from the Connect America Fund to benefit as many as 600,000 rural homes and small businesses that lack broadband.
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Senate bill goes after illicit paid TV decoder suppliers
August 26, 2013
The Senate Judiciary Committee has scheduled a hearing this week to analyze Bill 410, which proposes to ban the sale, installation, tampering, and alteration of equipment for satellite, cable television, and similar paid television services, punishing such activities with a fine, jail time or both.
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Lexmark shifts focus from printers to business solutions
August 23, 2013
After more than a year of quietly reshuffling its Puerto Rico operation, Lexmark executives met with members of the media Thursday to outline future plans that call for a marked shift from being strictly known as a consumer-oriented, multi-functional printer maker to a solutions provider catering to a corporate market they say is leaning more toward adopting digital technologies.
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