Western Union Holdings Inc.'s Web site was out of commission for five days this week after a malicious hacker broke into the site and apparently copied the credit-card or debit-card numbers of about 15,700 Western Union customers.
Times have certainly been tough lately for firms earning key revenues through online advertising, but if they can weather the recent storm, better days do lie ahead, according to analysts.
The Web site of telegram and money-transfer company Western Union Holdings went back online Wednesday, five days after a malicious hacker broke into the site and apparently copied the credit-card or debit-card numbers of about 15,700 Western Union customers.
Western Union Holdings Tuesday continued to assess the damage done last Friday when a malicious hacker's attack caused about 15,700 credit-card and debit-card numbers belonging to customers of the telegram and money-transfer company to be illegally copied off of its Web site.
Expanding on an initiative begun in 1996, Intel and nine other companies have announced a new pact they hope will help bring easy-to-use and widespread wireless Internet technologies to the masses.
Battered recently by lower than expected revenues and earnings and a sell-off of two of its units last month, The Santa Cruz Operation (SCO) has announced it will lay off 19 per cent of its workers.
It's been a busy and emotional treadmill for former Unix powerhouse The Santa Cruz Operation in the last year.
Novell Wednesday announced that 16 per cent of its 5,500 employees are being laid off in a cost-cutting move as executives at the struggling company continue to look for a solution to its worsening financial situation.
A discrimination lawsuit that charges the Kozmo.com Inc. online delivery service with avoiding predominately African-American neighborhoods in Washington has been moved out of federal district court.
A bankruptcy filing in March by former printer manufacturer Genicom Corp. is still having a ripple effect on some users and resellers that are having trouble finding parts and supplies for printers sold under the Compaq Computer Corp. and Genicom brand names.
Online retail sales in the U.S. continued to rise in this year's second quarter, although they also remain a miniscule piece of the total retail business, according to estimated figures released yesterday by the U.S. Census Bureau.
A bankruptcy filing by former printer manufacturer Genicom Corp. last March is still having a ripple effect on some users and resellers who are having trouble finding parts and supplies for printers sold under the names of Compaq Computer Corp. and Genicom itself.
In a multimillion-dollar deal that backers hope will help bring Linux firmly into the world of enterprise computing, four industry-leading companies announced Wednesday that they and other companies are creating the first independent, nonprofit development laboratory for Linux.
Software vendor MicroStrategy will off workers for the first time since its creation in 1989 as part of a restructuring plan that aims to turn around the company's financial future.
Urbanfetch.com Inc., a New York-based online personal delivery service, has laid off 2% of its New York workers, after cutting 18 workers in its London offices several months ago.