Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Companies want to know our values and if they work with us, "they want to be aligned with those values," Salesforce co-CEO Keith Block says.Mad Money with Jim Cramerread more
Fast Retailing, the Japanese company behind the Uniqlo retail chain, announced Monday that the data of more than 460,000 customers on its online shopping sites were accessed by hackers from April 23 to May 10.
In a statement released on its website, Fast Retailing said: "It was confirmed on May 10, 2019 that an unauthorized login by a third party other than the customer occurred on the online store site operated by our company," according to a Google translation.
The breach gave hackers access to customers' data including their names, addresses and contact details. The company acknowledged that partial credit card information "may have been browsed," though "there is no possibility of leakage" in credit card security codes.
Investigations into the extent of the data hack continue. In the meantime, the Japanese retailer has encouraged its online store customers to set passwords that are unique and not easily guessable, in order to lower the likelihood of hackers accessing accounts successfully.
Shares of Fast Retailing traded down by about 0.6% during afternoon trade in Tokyo on Tuesday.
The latest data breach comes amid increased public scrutiny on the subject of data security, after hackers gained access to the data of hundreds of millions of people at credit ratings giant Equifax and hotel juggernaut Marriott International.
Hong Kong carrier Cathay Pacific Airways announced in October last year that there was a giant data breach involving more than 9 million of its passengers. The airline said that details of about 9.4 million passengers, including passport numbers and Hong Kong identity card numbers, were accessed without authorization, Reuters reported.