Feeds

Hong Kong ding dong over dotcom float

Traffic grinds to a halt as crowds register for shares

  • alert
  • submit to reddit

3 Big data security analytics techniques

Dotcom hysteria took to the streets yesterday as hoards of investors in Honk Kong rushed to hand in their share applications for entertainment portal, Tom.com. Traffic came to a standstill, shops had to shut down and police were called as tens of thousands of would-be investors queued outside branches of HSBC bank. The FT reported that 50,000 people queued outside one branch alone. What makes Tom.com so appealing is that it is owned by Li Ka-shing (Stress the "shing" and his name makes the sound of an old fashioned cash register, apt don't you think?), a tycoon with a mass following in Hong Kong. The thinking goes that if anyone is to succeed in this dotcom game, it's going to be him, claim those clinging tightly to their application forms. His nickname is "Superman". Apparently, this latest rush to cash in on the e-revolution apparently went off without a scuffle. Of course, yesterday's events may well have been orderly, but it may be a different story if/when dotcom mania take a tumble. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.