On Wednesday, the Financial Times had an article on the EU’s proposed “cluster” policy, which is meant to help create a European Silicon Valley. The article, written by ScienceBusiness Innovation Board members Esko Aho (the director of the Sitra innovation fund and a former Finnish Prime Minister) and Frank Brown [...]

AFP reports that “Australia on Wednesday unveiled a new code of conduct to regulate online and mobile phone content which will call for classifications similar to those for films, a government spokesman said.  All content likely to be rated as for viewers aged over 15 will need to be assessed [...]

Reuters writes that, according to a new report,  “[p]rices charged by cybercriminals selling hacked bank and credit card details have fallen sharply as the volume of data on offer has soared, forcing them to look elsewhere to boost profit margins.  Researchers for Finjan, a Web security firm, said the high [...]

BBC News writes that “businesses are missing out on the huge potential that social networks present, a leading information technology company has warned.  Researchers for Gartner found that huge opportunities for improving the management of large firms exist.  ‘Businesses which harness how employees use these sites stand to increase savings, [...]

ZDNet writes that “[v]enture capitalists are having a confidence crisis as dwindling exit opportunities and a weak economy conspire to put the kibosh on returns.  According to the Silicon Valley Venture Capital Confidence Index the second quarter registered a reading of 3.07 on a 5 point scale, down from the [...]