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Ask anyone what comes to mind when they think ofTJX, and they'll almost certainly mention the infamous data breach earlier this year that exposed more than 45 million customer credit and debit cards to hackers That's the kind of publicity most companies can do without, but it's also the inevitable result of being a large, well-known company and exp...
Summer is typically a quiet time, as the industry takes a breath prior to the back-to-school rush This year was a bit of an exception, with the launch of the Apple iPhone, which may get credit for revolutionizing much of the tech and consumer electronics (CE) industry. While sales are well below expectations, expectations were set unreasonably high...
Joseph Nacchio, the former CEO of Qwest Communications convicted of 19 counts of insider trading, was sentenced Friday to six years in prison plus financial penalties totaling US$71 million At Nacchio's hearing in the U.S. District Court for the District of Colorado in Denver, U.S. District Judge Edward Nottingham ordered Nacchio to forfeit the $52...
Microsoft announced plans to acquire online advertising exchangeAdECN -- its latest move in an aggressive strategy to build out its advertising platform Although the financial terms of the deal haven't been disclosed, "all of the shareholders are extremely, extremely happy with the deal and acquisition price," Henry Wong, an AdECN board member and ...
Thursday was a busy day for French video game maker Ubisoft. The company announced a licensing deal with NBC/Universal to create a game based on the sci-fi hit TV series "Heroes." As a TV show, "Heroes" draws an average of 14 million viewers. It also enjoys a growing list of brand extensions, including a spin-off, "Heroes: Origin," to air during th...
The CNN/YouTube Democratic Party candidate debate on Monday has sparked a wide variety of commentary. Much of it has been fairly positive, despite a few moments during the event that bordered on ridiculous The debate invited YouTube users across the country to record themselves asking the candidates questions and post the videos on the site. One qu...
The European Commission on Friday confirmed that it sent a statement of objections to Intel charging the microprocessor giant with engaging in anticompetitive practices The letter, which was sent Thursday, accuses Intel of abusing its dominant market position in order to deliberately exclude AMD, its principal rival, from the x86 CPU (central proce...
Linden Lab, the creator of the massive Second Life online virtual world, is facing heat from its customers after this week's decision to ban gambling from the pseudo-reality realm The comments filed by members on the Second Life blog, where the gambling ban was announced, range from concerned to mad-as-hell. Despite the mostly negative reaction, Li...
Oracle released its latest semiannual upgrade of its Siebel CRM On Demand product. Unlike previous releases that focused on smaller changes and tweaks, Release 14 incorporates substantial improvements to its architecture and integration capabilities. In fact, it is the product's most significant update yet, according to Anthony Lye, senior vice president of CRM On Demand...
For startup e-commerce companies, protecting customer data doesn't always come naturally. Small matters such as getting a business idea out of the starting gates and into the race -- not to mention winning those very first customers -- tend to overshadow the many liabilities associated with collecting and storing customer data However, liabilities ...
Opposing tensions are much in evidence in the legal wrangle over individual privacy rights and security in the digital environment. The dizzying pace of technological innovation continues as individuals and organizations public and private struggle to come to grips with its implications and ramifications There's a clear trend towards strengthening ...
The continuing rise in popularity of Linux applications has become a boon to job opportunities for software programmers. However, the working culture of the open source industry is different from that of proprietary software developers Code writers looking for a job as Linux developers need a unique set of job skills and work ethics often not deman...
While the Free Software Foundation's GNU General Public Licenses (GPL) are used in nearly three-quarters of all free and open source software, GPL-based licenses not the only game in town Part 1 of this series delves into the particulars of GPL v3. Part 2 looks beyond GPL. There are dozens of other free and open source-focused software licenses out...
The opposing camps in the high-definition DVD wars were in the midst of a fresh round of fire Thursday, when Microsoft announced a US$20 price drop and free bundled movies on its Xbox 360 HD DVD Player Starting Aug. 1, the price of the Xbox 360 add-on will fall from $199 to $179, the company announced at Comic-Con International. In addition, in an ...
If executives at MySpace expected to win praise as good corporate citizens for ridding their Web site of 29,000 registered sexual offenders, those hopes have vanished by now Since the news came out, criticism of the social networking site only seems to have grown among public officials, parent and watchdog groups, and the general public....
XM Satellite Radio posted second-quarter results that showed it managed to stem the flow of red ink that has dogged the company, thanks in part to strong gains in sales of new cars equipped with the technology XM lost US$175.7 million, or 57 cents a share, in the quarter that ended in June, compared with a loss of $229.1 million, or 87 cents a shar...
In an effort to leverage its growing WiMax mobile Internet initiative, Sprint has called on Google to collaborate on a new mobile portal. The two companies will work together to bring Sprint WiMax mobile Internet customers search, interactive communications and social networking tools that will include the Google Apps communications suite Customers...
Web content aggregator Digg and Microsoft announced a deal in which Microsoft will be the exclusive provider of display and contextual advertising on the Digg site The three-year agreement will allow Digg to focus less on advertising infrastructure and more on pursuing innovation, said Digg CEO Jay Adelson....
A federal judge on Wednesday gave the founders of Facebook challenger ConnectU two weeks to shore up their case against the popular social networking site, indicating he thinks the lawsuit is based on a shaky foundation The plaintiffs contend Mark Zuckerberg surreptitiously stole their idea for a Web site that could be used by college students to c...
Cybercrime has become a threat to the nation's economic and security interests, according to a report released Monday by a Congressional research and investigation agency Cybercrime in its various forms -- computer crime, identity theft and phishing -- costs the U.S. economy some US$117.5 billion a year, reported the Government Accountability Offic...
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