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Target acknowledged Thursday that it put information on a back burner that led to the compromise of more than 100 million customer records and will cost the company millions of dollars in losses. "We learned that after these criminals entered our network, a small amount of their activity was logged ...
Yahoo and Yelp on Wednesday announced a new partnership to display Yelp ratings with Yahoo's search results, a move designed to snag some market share from Yahoo's larger search competitors. Now, when someone uses Yahoo to search for a local business, that business' Yelp rating will pop up in the ri...
Amazon is hiking the price of the Amazon Prime subscription service for the first time since it launched nine years ago. Members will have to pay $99 for their subscription instead of $79. Amazon Student members will pay $49 for the service. Those who subscribe to Amazon Prime get unlimited two-day ...
Federal agencies have been diligently pursuing the use of cloud-based information technology for the past three years in compliance with a White House directive. As a result, federal spending on cloud-based technologies reached $2.3 billion in fiscal 2013, according to a market assessment by Deltek....
Carl Icahn's latest move in a campaign to compel eBay to sell its PayPal division is to take on its CEO John Donahoe. The company on Monday rejected Icahn's nominees to the eBay board -- employees Daniel Ninivaggi and Jonathan Christodoro -- on the grounds that they were unqualified. The board urged...
Surfing the Internet last year was a dangerous proposition. On average, 200 samples of malicious software were collected every minute by McAfee Labs, the company reported Monday in its threat report for the Q4 2013. All kinds of Internet nastiness increased last year -- from ransomware and suspiciou...
Google has launched a referral program for its office apps. It will hand out $15 bonuses to Google Apps customers who convince new users to sign up for the service, which includes Gmail for businesses, Google Calendar, Docs, Slides, Hangouts and Google Drive. Google will award the $15 bonus for up t...
I received a call on Monday about an interesting angle on the Malaysia Airlines flight MH370 mystery. Relatives of passengers on the missing aircraft apparently said they had dialed the cellphone numbers of loved ones on the flight and reported that the phones rang -- several times in fact. Then the...
Too many e-commerce companies treat shipping as a commodity. The ones that don't, win. Amazon and Zappos are prime examples of companies that care about fast fulfillment, and they have millions of loyal customers because of it. The good news is that you don't have to offer free next-day shipping t...
The drama surrounding Mt. Gox, once the world's largest Bitcoin exchange, has intensified. The company on Sunday filed for Chapter 11 bankruptcy in the United States -- less than two weeks after taking a similar action in Tokyo, where it's headquartered. It apparently made this move to freeze a laws...
It is hard to figure out which is growing at a faster pace -- movement to the cloud or cybercrime. Cybercrime is following the data to the cloud, according to reports, to find and steal cloud data of hotel records, credit card information, and maybe even corporate secrets and the client files of law...
The consumer privacy backlash stirred up by Facebook's recent deal to purchase WhatsApp for $19 billion is now in full swing. The Electronic Privacy Information Center and the Center for Digital Democracy jointly filed a complaint about the deal with the FTC. Following the announcement of the agreem...
Workers at a factory in China are on strike after rejecting compensation plans offered as a result of IBM's $2.3 billion deal to sell its low-end server business to Lenovo. More than 1,000 workers brought production to a halt Monday at IBM's International Systems Technology Company server-making fa...
Getty Images, the stock photo giant that many professional photographers loathe but amateurs love, on Thursday announced it will allow consumers to embed and share its images free for non-commercial purposes on blogs, social networks and other websites. The move indicates the company, whose batter...
What is going on with Sprint Softbank? What will the company look like when it finally emerges from its cocoon? Who else will it merge with? Where will it be based? There has been quite a bit of transformational work going on. Sprint and Softbank won U.S. government approval after months of vigorous...
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