Business

Yahoo on Thursday disclosed that a data breach in late 2014 resulted in the theft of information from at least 500 million customer accounts. Based on a recent investigation, it appears that state-sponsored hackers carried out the attack, the company said. Account information compromised includes na...

CEO Brian Roberts on Tuesday announced that Comcast will enter the wireless phone market by mid-2017 as a mobile virtual network operator. A 150-strong Comcast Wireless team, headed by Greg Butz, is "getting ready next year ... to launch a WiFi and MVNO-integrated product," Roberts said at the Goldm...

Oracle has agreed to acquire cloud access security broker Palerra, whose LORIC software manages security and compliance for applications, workloads, and sensitive data stored across cloud services, the companies announced Sunday. Palerra "offers a unique combination of visibility into cloud usage, d...

The Consumer Product Safety Commission and Samsung last week announced a formal voluntary recall of about 1 million Galaxy Note7 smartphones, after the high-end flagship device was found to have overheated or caught fire in at least 92 incidents. Samsung was notified of 26 cases of people being burn...

Google Fiber this week began reaching its tentacles into North Carolina's Research Triangle, a move that seems to contradict the gloom-and-doom rumors of layoffs and low consumer interest. The Triangle is Google Fiber's eighth incursion. It's already available in Atlanta; Austin, Texas; Charlotte, N...

The disruption of the IT and software industry by the rapid rise of cloud and SaaS continues to take a toll on the biggest players in the business. In their latest round of desperate moves to reposition themselves in the radically changing marketplace, the major companies of the past have been willi...

Comcast tried to give wireless a go several years ago. It failed. It pulled out of wireless, sold its spectrum and was done. Now, wireless has expanded and changed, and competitors like AT&T's U-verse and DirecTV are using wireless to deliver television programming. I'll bet Comcast now wishes i...

Alphabet has been facing significant roadblocks in expanding Google Fiber into new U.S. cities, in part due to significant competitive and legal challenges from incumbent broadband providers like AT&T and Comcast. The companies currently are embroiled in a dispute over access to utility poles in...

The European Union on Tuesday nailed Apple with a $14.5 billion bill for back taxes. "The European Commission has today has adopted a decision that Apple's tax benefits in Ireland are illegal," said EC Competition Chief Margrethe Vestager at a press conference in Brussels. Tax breaks Ireland grant...

HPE and HP are facing a potential class action lawsuit brought earlier this month by four former employees. The companies engaged in widespread age discrimination during a restructuring of the legacy computer and printer manufacturer, according to their complaint. HP from 2012 to 2015 made a series ...

It's 2016, and there are more ways to connect than ever before. You would think customer service and customer care would be at an all-time high. Why, then, do so many customers feel they are at an all-time low? Companies are using social networks to provide customer service, but they are failing. Co...

Gawker Media owner Nick Denton on Thursday revealed that Gizmodo, Lifehacker, Kotaku, Jalopnik, Jezebel and Deadspin will continue with their current writers and other staff members following the company's sale to Univision, but that neither he nor Gawker.com will be included in the transition. The ...

Cisco Systems will cut up to 5,500 employees from its 73,000-strong global workforce, the company announced Wednesday as part of its Q4 earnings report. The restructuring will allow further investment in key priority areas such as security, the Internet of Things, collaboration, next-generation data...

Intel last week announced the acquisition of startup Nervana, in a bid to enhance the company's capabilities in artificial intelligence and deep learning. Nervana jumped out of the gate at its 2014 launch with a robust platform for deep learning, a framework called "Nervana Neon," and the Nervana En...