The risks were clear to computer experts inside Home Depot: The chain, they warned for years, might be easy prey for hackers. NYT reports.» Read More
Data breaches at retailers aren't going away but there are ways consumers can protect themselves from future heists of their payment card information.
NEW YORK— Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning Chinese middle class.
Home Depot said Thursday that malicious software lurking in its check-out terminals between April and September affected 56 million debit and credit cards that customers swiped at its stores. The Department of Homeland Security Department warned last month that more than 1,000 retailers could have malware in their cash-register computers.
NEW YORK, Sept 19- If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp? Of 12 analysts who replied to an anonymous poll, five said Catz would likely run Oracle, while only one voted for Hurd, 57. Four said both would continue to run the company, one said neither, and one plumped for dark-horse internal candidate Thomas Kurian.
NEW YORK— Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company. In addition, the founders of Mojang, the Swedish company behind "Minecraft," aren't staying with Microsoft.
The service, which will work both with iPhones and Apple's new Watch, is backed by a host of big retailers, along with most major banks and credit card issuers, including Visa, MasterCard and American Express. Starbucks, McDonald's, PayPal, Google and Square offer their own services, but only a small portion of customers use them.
Sept 10- Apple Inc's launch of its own tap-to-pay system using near-field communication in its new iPhones and smartwatches may not be a game changer after all. Apple is betting on the popularity of its iPhones and the convenience and security of its payment system to prompt customers and retailers to make the shift.
NEW YORK— Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card. The technology company on Tuesday introduced a new digital wallet service called Apple Pay that is integrated with its Passbook credential-storage app and its fingerprint ID security system.
SAN FRANCISCO, Sept 10- Apple Inc's long-awaited launch of tap-to-pay technology in its new iPhones and smartwatch may be the seal of approval that near-field communication technology needs to become as commonplace as wifi, Bluetooth and GPS.
*Mobile is weak link in Sony's struggling electronics division. TOKYO, Aug 29- Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.
Aug 14- Network equipment maker Cisco Systems Inc said on Thursday its plan to slash 6,000 jobs will result in restructuring charges of $700 million in cash in the year ending July 2015. Shares in Cisco, still the world's largest networking equipment maker, were down 2.7 percent at $24.52 on the Nasdaq.
Aug 11- On a trip to Beijing a decade ago, Bill Gates was asked by a senior government official how much money Microsoft Corp made in China.
WASHINGTON, Aug 6- Sprint Corp's newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at $2.2 billion when it was sold to Japan's SoftBank.
BEIJING, July 24- The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets. Apple Inc's latest quarterly results showed sales of its high-end phones in China grew at nearly twice the pace analysts had expected.
PARIS, July 23- European chipmaker STMicroelectronics forecast revenue growth of about 3 percent in the third quarter, disappointing some analysts who expected a bigger lift from strong global demand for semiconductors. Global spending on semiconductors is expected to rise 6.7 percent this year to $336 billion, according to market researcher Gartner.
PARIS, July 23- STMicroelectronics posted second-quarter revenue and profit that met expectations, driven by sales of chips for cars and industrial products, as it surfed on strong demand that is lifting the entire semiconductor sector.
Its shares have slumped 16 percent since Chief Executive Officer Kevin Murai warned earlier in July that increased demand was already waning from companies buying new computers to upgrade their operating systems after Microsoft Corp stopped supporting Windows XP in April.
June 26- Accenture Plc, a consulting and outsourcing services provider, cut the top end of its full-year earnings forecast as margins come under pressure, taking the shine off a rebound in its consulting business that boosted quarterly revenue.
MUMBAI, June 13- Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom, skills the new chief executive of Infosys Ltd will need to turn around a company that was once the poster child of India's $108 billion IT services industry.
BOSTON, June 10- IBM overtook Japan's Trend Micro Inc to become the world's No. 3 provider of security software last year, after acquiring cybersecurity firm Trusteer, according to market share data released on Tuesday by Gartner. IBM's revenue from security software climbed 19 percent to $1.14 billion last year, Gartner said.