Jumio Introduces New Technology, Polaris Wireless a New Application and LinkedIn a New Plugin

This week's tech news roundup has the latest developments at Mountain View companies.

Every week, Mountain View makes news with technology developments, discoveries and sometimes controversies.

Today, Mountain View Patch brings you “Bits and Bytes,” where we’ll relay the past week’s news highlights from our backyard giants, start-ups and small businesses alike.

Did you think technology could turn your webcam into a credit card reader? Well, now it can with Jumio’s patented Netswipe solution. With this new offering, the Mountain View-based payment company hopes to reduce fraud for merchants by making online and mobile payments more secure. According to Facebook co-founder, Eduardo Saverin, member of the Jumio board of directors, it addresses “two of the most important aspects of payments processing: heightened security and a simplified user experience.”

Tracking criminals and terrorists has become easier with–Altus Application Suite for law enforcement and intelligence agencies–from Polaris Wireless. Industry’s only software-based surveillance solution, Altus enables accurate mass location, target identification, geo-fence tracking, and post-event analytics. When powered by Polaris Wireless Location Signatures (Polaris WLSTM), the patented and standards-based RF Pattern Matching technology, Altus serves as an indispensable surveillance solution.

In a bid to connect talent with opportunity, LinkedIn introduces a new plugin–Apply with LinkedIn–a button that allows job seekers to instantly submit their LinkedIn profiles to a potential employer’s website. While the plugin simplifies the application process for candidates, by integrating it employers stand to improve the quality of applications they receive.

Small business owners can create estimates, manage invoices and access customer data on-the-go, with Intuit’s new QuickBooks’ mobile app. Designed specifically to address the demands of small businesses, QuickBooks Mobile is available for both iPhone and Android users. QuickBooks Mobile for Android is expected to provide mobile access to QuickBooks data to more than 4 million small businesses using QuickBooks Pro, Premier and Online. 

Symantec brought in record first-quarter revenue and cash flow, hugely owing to security fears, according to The Street report. The security, storage and systems management solutions-based company brought in $1.653 billion in revenue, up from $1.433 billion in the prior year’s quarter–and well above Wall Street’s consensus of $1.585 billion. “The current threat landscape continues to be toxic and targeted,” said CEO, Enrique Salem, adding that information is also growing at unprecedented rates. “As a result, customers increasingly understand the value of our unique portfolio and are expanding their commitment to Symantec.”


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