U.S. Online Retail Set For Double-Digit Growth

Online retail in both the U.S. and Western Europe is set for a strong period of double-digit growth over the next five years, according to new forecasts by Forrester Research.

U.S. online retail will grow at a 10 percent compound annual growth rate (CAGR) over the next five years to reach nearly $249 billion by 2014. Online retail within the largest European Union nations in Western Europe will grow at an 11 percent CAGR over the same period, hitting 114 billion by 2014.

House Passes Cybersecurity Bill

The U.S. House of Representatives today passed the Cybersecurity Enhancement Act by a vote of 422 to 5.

The bill is aimed at improving cybersecurity within the federal government as well as the public and private sectors by helping to develop a skilled cybersecurity workforce along with coordinating and prioritizing federal research and development.

The bill also seeks to improve the transfer of cyber security technologies to the marketplace and promote cybersecurity education for the public.

Google Offers $5.7 Million In Research Funding

Google said today it is increasing its funding for 12 university projects to further advance research in areas the company is interested in developing.

Google Focused Research Awards, totaling $5.7 million, include four categories: machine learning, the use of mobile phones as data collection devices for public health and environment monitoring, energy efficiency in computing, and privacy.

Online Book Piracy Nearing $3 Billion

Publishers could be losing between $2.75- 3 billion due to online book piracy, according to a new report from Attributor.

Consumer Technology Holiday Sales Hit $10.8 Billion

U.S. consumer technology retail sales fell less than one percent for the 2009 holiday season, according to a new report from The NPD Group.

The report found sales for the five-week holiday period reached $10.8 billion, a big improvement from the 6 percent decline during the 2008 holiday season.

Microsoft Releases Pricing Details For Office 2010

Microsoft said today it is releasing pricing details for its Office 2010 editions launching later this year.

"Office 2010 will be offered in four versions, to make it easier to choose a version of Office that’s best for you – Office Home and Business, Office Professional, Office Home and Student, and Office Professional Academic," Microsoft said in a blog post.