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News

• SQL injection flaw in Wall Street Journal database led to breach

  A vulnerability in a web-based graphics system led to a breach of The Wall Street Journal's network by a hacker, the newspaper acknowledged late Tuesday.

• Five indicted in massive hacking scheme

  Five men from Russia and Ukraine have been indicted in New Jersey for charges they conspired with each other in a worldwide hacking scheme targeting major corporate networks that compromised more than 160 credit card numbers, the U.S. Department of Justice announced.

• US House Committee fails to find smoking gun on market plunge

  The U.S. House of Representatives Financial Services Subcommittee on Capital Markets failed to pinpoint any single cause for last week's stock market plummet that sent the Dow Jones Industrial Index plunging almost 1,000 points in a half hour.

• Cisco acquired nearly 50 start-ups in decade, most in M&A market

  Cisco acquired more start-ups than any other corporation over the past decade, in a list dominated by IT vendors such as IBM, Microsoft, EMC and Oracle.

• Wall Street Beat: Tech earnings boost confidence

  As the last full trading week of the year winds down, Oracle, Palm and Research in Motion financial results along with market analyst forecasts for 2010 are giving IT investors some data to mull over as they contemplate prospects for next year.

• Cisco added to Dow

  Cisco has been added to the Dow Jones Industrial Average, replacing GM. Travelers has also been added to the stock index, replacing Citigroup.