Sarah Lucy Citigroup has declared that the hack attack that took place last month compromised no less than millions of dollars from the credit card accounts of its customers. According to CNN, Citigroup confessed that an estimated total of $2.7 million were stolen, from almost 3,400 accounts which were compromised on the 10th May. Technically [...] (Continue reading)
David Milton Walmart has been testing its water to enter in the small store market. the company has been earning rougly all of his income from big store business and sales have been declining for couple of years that has increased their focus on small stores. Walmart is famous for big stores with items available [...] (Continue reading)
Paul Richard The most handy equipment maker of Telecom Industry, Alcatel-Lucent, sees no hope in the highly rising demand, especially in United States, where its most major operators invest. Most of the cell phone operators in North American region have to keep up with their extraordinarily high demands leading to data overload, especially by streaming [...] (Continue reading)
Kidlandia has juts managed to raise $2.5 million, totaling it to $3.5 million. Ivan Sutherland, Asop Louie Partners, GRP, Jim Sandler and Net Discovery participated and brought the startup to a $3.5 mil mark. The site is an amazing destination that lets people; more specifically kids create their very own fantasy world. The site has [...] (Continue reading)
Staff Writer Now shopping after Thanksgiving becomes much easier as many of stores are extending their hours in some case beyond 24 hours. Walmart is taking its lead to stay open at midnight Thursday. The store used to open at 5 a.m on following day of Thanksgiving. Sears and Kmart will also be open on [...] (Continue reading)
Staff Writer Magazine Newsweek signs a deal with website Daily Beast (www.the dailybeast.com) this Thursday. Newsweek and the website will come together to form the Newsweek Daily Beast Company, which will work under an independent board. Daily Beast website is owned by InterActivrCorp (IAC). According to The Wall Street Journal, the co-founder and editor of [...] (Continue reading)
Staff Writer Steve Ballmer, Microsoft’s Chief Executive sold his $1.3 billion worth of shares in the company. On inquiry he replied that his first stock sale in seven years shall not at all be taken as a sign of lack of confidence in the world’s largest software firm. Ballmer has been the business manager at [...] (Continue reading)
Staff Writer Investors are looking on whether Cisco Systems Inc.’s CEO John Chambers will retain some of his usual charms when Cisco reports earnings next week. Cisco is expected to deliver a strong set of results with a strong upbeat outlook. A vote of confidence from Chambers could boost its shares, which faded away in [...] (Continue reading)
Staff Writer The Department of Labor of the United States said on Friday that there were 151,000 jobs created in the month of October. Earlier months’ results were also revised to indicate milder job losses The unemployment rate, however, remained stable at 9.6%. Since December 2009, there has been 874,000 non-farm created in the country. [...] (Continue reading)
By Jamie Cole Facebook seems to experiment different methods to translate its millions of users and very high internet traffic into the revenue. The social network will reportedly start selling its popular Facebook credit in the form of gift card in the major retailer including Best Buy and Wal-Mart. Retail Giant, Walmart, and largest tech [...] (Continue reading)