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BP To Eliminate 7,000 Jobs By End Of 2017 (NYSE:BP)

After the announcement of disappointing earnings results for the latest quarter, BP repeated a commitment it made last month to cut 4,000 jobs this year in its exploration and production unit. The unit lost $728 million in the quarter. The company also said it would trim about 3,000 workers from its marketing and refining business by the end of next year. Before those cuts were announced, BP had a global work force of about 80,000 employees. BP reported a fourth-quarter loss of $3.3 billion on Tuesday, becoming the latest casualty of the oil industry’s... 
 

Has The Apple iPhone Reached Its Limits? (NASDAQ:AAPL)

Apple’s reported results for its fiscal first quarter that showed iPhone sales rose less than 1 percent from a year earlier. The company said it sold 74.8 million iPhones in the quarter ending Dec. 26. Apple sold 74.5 million in the same quarter a year ago. This was the slowest year-over-year growth rate for the device ever. The company is now projecting its first revenue decline in more than a decade. Analysts predicted that demand for Apple’s latest iPhones, the 6S and 6S Plus, had been weak in the period leading up to the earnings announcement.... 
 

Netflix Surges Globally, Slows Nationally (NASDAQ:NFLX)

The fourth quarter has been a mixed bag for Netflix. The company is achieving record global growth. The company now has a total of 74.76 million subscribers across the globe. Netflix is pushing to make its service available around the world. The company has introduced its service to more than 130 countries, making it available in nearly every country except China. The company is also facing a slowdown in the United States. Netflix missed growth forecasts in the U.S., adding just 1.56 million subscribers in the quarter. This is a considerable decline... 
 

General Electric Agrees To Sell Appliance Unit For $5.4B (NYSE:GE)

General Electric has announced the planned sale of its appliance unit to Chinese manufacturer Haier for $5.4 billion in cash. The deal also includes the 48.4 percent stake that GE Appliances owns in Mexican appliance company Mabe. The transaction is expected to close in mid-2016. The purchase must passes regulatory scrutiny in the US, China and elsewhere before the deal can be completed. The appliances division had revenue of about $5.9 billion in 2014 and employs 12,000 people. General Electric said the deal valued the appliances unit at 10 times... 
 

Apple Finds Serious Glitch In Apple News App (NASDAQ:AAPL)

Apple has discovered a serious glitch in its Apple News app that has affected counts of users accessing the service. The company disclosed that publishers serving content through the iOS 9 News app have been receiving erroneous traffic data. The glitch has led to an undercounting of the number of users reading a particular new story. Apple unveiled Apple News at the Worldwide Developers Conference last year. The app is essentially a feed for users to read the news stories that interest them. The platform is designed to share news from publishers... 
 

Macy’s Ramps Up Restructuring After Dismal Holiday Season (NYSE:M)

Macy’s executives are not happy with the way the 2015 holiday season went. The company reported that its stores suffered a significant sales decline during the holiday season. Sales at stores open at least a year fell 4.7 percent in November and December, compared with the totals reported during the same period of 2014. According to figures from the MasterCard SpendingPulse, holiday spending overall was up 7.9 percent for the season. Macy’s CEO Terry Lundgren blamed the sales decline on unseasonably warm weather and lower spending by... 
 

Ford Working To Connect Cars To Homes, Drones (NYSE:F)

Ford is launching a few new initiatives to make its vehicles more connected than ever before. The company has announced new plans regarding linking its cars to smart home systems, autonomous driving software, and drones. Ford’s projects will put the company on the cutting edge of car connectivity. With one project, Ford is working to connect its Sync in-car communications system with smart home packages. This would allow drivers to control smart home systems and security systems from their vehicles, as well as stop, start, lock, and unlock... 
 

Tesla Going On A Hiring Spree (NASDAQ:TSLA)

Tesla has announced that the company would be hiring thousands of new employees over the next few years. Many of these new hires will be based in California and employed on the company’s projects to build an autonomous car. The company currently has about 14,000 employees, more than 14 times the number of employees it counted in 2010. A few weeks ago, Elon Musk put out a call on Twitter for software engineers for the company’s Autopilot program, saying that prior automotive experience was not needed. Addressing his 3.1 million followers... 
 

JPMorgan Chase Agrees To London Whale Class Action Suit Settlement (NYSE:JPM)

JPMorgan Chase & Co has agreed to pay $150 million to resolve a class action lawsuit over its London Whale trading scandal that emerged in 2012. The trading scandal caused a $6.2 billion loss, dropped JPMorgan’s share price by roughly one-quarter, and wiped out more than $40 billion of market value. The settlement was disclosed in papers filed in federal court in Manhattan on Friday. The lawsuit stemmed from oversight by JPMorgan’s Chief Investment Office of traders in the bank’s London office. Shareholders accused JPMorgan... 
 

Apple Shakes Up Its Executive Ranks (NASDAQ:AAPL)

Apple’s chief executive, Timothy D. Cook, has continued on his quest to shake up the company’s executive ranks. On Thursday, several changes were announced to Apple’s senior management team. The announced changes include new leadership in the company’s hardware and marketing divisions. On Thursday, it was announced that longtime executive Jeff Williams has been promoted to the job of chief operating officer. That position has remained unfilled since 2011. Mr. Williams started his career at Apple in 1998 when he was hired as head of... 
 

Pandora To Pay Higher Rates To Artists Next Year (NYSE:P)

Pandora and other free Internet radio services will be required to pay record companies more for the next five years. In a decision closely watched by the music industry and Wall Street, a panel of federal judges, the Copyright Royalty Board, increased the royalties that those companies must pay for streaming music. The panel ruled that Pandora and other streaming companies must pay record companies 17 cents for every 100 times they play a song when they stream music to listeners who do not pay for subscriptions. The current rate is 14 cents. The... 
 

Netflix Secrecy Starting To Anger Studios (NASDAQ:NFLX)

Giants in the streaming world like Netflix, Amazon Prime, and Hulu are using the secrecy of the streaming industry to their advantage, which is starting to anger the studios that do business with them. The studios are making billion-dollar deals with Netflix, but they have almost no clue how their shows are performing because Netflix will not release the data. This gives streaming companies like Netflix the ultimate bargaining chip. Because they possess all of the data on how many and what kinds of people watch their TV shows and movies, the streaming... 
 

Campbell Soup Takes Risk Changing Recipes (NYSE:CPB)

Campbell Soup has announced that it is changing the recipe of its signature chicken noodle soup. The new Campbell’s chicken noodle soup contains 20 ingredients, down from the more than 30 in its previous version. The new recipe is appearing first in a limited-edition line in cans decorated with characters from the soon to be released “Star Wars” film. Campbell has moved quickly to address changing trends in the food industry. The company is eliminating ingredients that today’s consumers do not want in their food products. Changing consumer... 
 

Pfizer Increasingly Defensive Over Allergan Merger (NYSE:PFE)

Pfizer has received a lot of pushback over its proposed deal to buy Allergan for $152 billion. The merger itself is not the problem, but what the company plans to do after the merger is complete. Pfizer has revealed plans to move its corporate headquarters to Ireland in order to reduce its tax bill in the United States in a move called a corporate inversion. The merger was announced on Monday. Corporate inversions happen when an American company buys a company in a country with lower corporate taxes to reduce its tax obligation. It has sparked... 
 

Target Met Profit Expectations In Third Quarter (NYSE:TGT)

Target Corp. reported its results for the August-to-October quarter Wednesday morning. Its profits fell in line with expectations. In the third quarter, Target reported adjusted earnings per share of 86 cents, in line with analysts’ expectations and up from 79 cents a year ago. Net profit grew 56 percent to $549 million. Revenue grew 2.1 percent to $17.6 billion. The Minneapolis-based retailer reported 1.9 percent growth in same-store sales in the third quarter. Target saw store traffic grow 1.4 percent in the quarter, its fourth consecutive... 
 

Apple Wallet To Be Enhanced With Peer-to-Peer Network (NASDAQ: AAPL)

Apple is working on a new peer-to-peer payments service that which would let people use their smartphones to send money to one another. The service could be ready as soon as next year. The new service would be in direct competition with PayPal’s peer-to-peer payments app Venmo and Square’s Square Cash. Square Cash and Venmo are free to users that link their checking account to the system. Consumers using a credit card are only charged a small fee. Venmo processed nearly $2.4 billion in money transfers in 2014. Square Cash has processed more... 
 

Starbucks Facing Backlash Over Red Holiday Cups (NASDAQ:SBUX)

A number of people are upset with Starbucks right now and are vocally voicing their disapproval on social media. At issue are the plain red holiday cups that Starbucks is using this holiday season. Previously, the holiday cups at Starbucks have featured snowflakes, ornaments and reindeer. This year, the plain appearance of the cups have some consumers fuming. Whether Starbucks intended to spark a conversation with the cups or not, both supporters and opponents of the holiday cups have been quick to take their opinions to social media. Many of the... 
 

Goldman Sachs Assessed $50M Penalty (NYSE: GS)

Goldman Sachs has agreed to pay a $50 million penalty and accepted a three-year ban on access to certain sensitive regulatory information for failure to supervise an employee who was a former Federal Reserve Bank of New York employee. The action against Goldman was announced by New York State’s financial regulator. Goldman admitted the failure. That employee is now facing jail time for their actions. The employee, Rohit Bansal, worked for Goldman for less than three months. After being hired by Goldman “in large part for the regulatory experience... 
 

Coca-Cola Misses Revenue Estimates In Third Quarter (NYSE: KO)

Despite higher volume sales,The Coca-Cola Company reported that revenue was lower than predicted by Wall Street for the third quarter. Revenue fell to $11.4 billion, a 4.6 percent decline from the same quarter a year ago. Analysts had expected revenue of $11.58 billion for the quarter. Earnings on a reported basis declined 31 percent, dropping to $1.4 billion, or 33 cents a share. In the same quarter last year, earnings were $2.1 billion, or 48 cents a share. After excluding certain one time expenses, Coca-Cola earned 51 cents a share. That was... 
 

Valeant Pharmaceuticals Served With Subpoenas (NYSE:VRX)

Valeant Pharmaceuticals International has been served with two federal subpoenas issued by the United States attorney’s offices in Manhattan and Massachusetts as part of an investigation into the company’s pricing practices. The information requested concerned the company’s pricing decisions, distribution details, and patient support practices. Patient support programs help patients pay for high priced drugs, with Medicaid, Medicare or commercial insurers covering a portion of the cost. Valeant has received a lot of criticism lately... 
 

Google Jumps Into The News Industry (NASDAQ: GOOG)

Google announced a new news-focused tool on Wednesday, becoming the latest tech company to jump into the news industry. The new tool will reduce the loading time of news stories after they are selected from a Google search. Stories and video can take several seconds to load on the mobile web, an eternity for impatient readers Google, Apple, Facebook, and Snapchat all want to control how we get and see news on our phones. Facebook started testing “Instant Articles” in May with a handful of publishers, including the New York Times, BuzzFeed... 
 

Lululemon Price Increases Raise Customers’ Ire (NASDAQ:LULU)

Some Lululemon customers are hopping mad at the company’s latest attempt to raise prices on their products. The price hikes were spotted by eagle eyed customers on Tuesday. They reported that the company increased prices for some cropped pants from $72 to $88. Many of the other pants sold by the company are now priced at $98. A representative for Lululemon says that the price increases did not occur across the board, disclosing that some prices increased, some decreased, and roughly half stayed the same. On Lululemon’s message boards,... 
 

Verizon FiOS Service Delayed In Many NYC Neighborhoods (NYSE:VZ)

In 2008, New York City came to an agreement with Verizon for the company to offer its high-speed FiOS Internet service throughout the city. Under the agreement, Verizon would lay enough fiber-optic cable for FiOS to pass all three million homes in the city. Now, seven years later, many New Yorkers are still waiting for the service to become available to them. The deadline for the project was the end of last year. Universal access to affordable broadband would help bridge the divide between those who can get online easily and inexpensively and those... 
 

Trimming Expenses Led To Stronger Earnings For Target (NYSE:TGT)

Intensive cost cutting lifted Target’s bottom line in the most recent quarter. For the second quarter of its fiscal year, Target reported adjusted earnings of $1.22 a share. This was considerably higher than analysts’ estimates of earnings of $1.10 for the quarter. Target previously predicted that earnings would fall within a range of $1.04 to $1.14 in the second quarter. The strong earnings results has prompted the company to raise its annual outlook to earnings of $4.60 to $4.75 a share. The company previously forecast earnings of $4.50 to... 
 

Losses May By Eminent For American Apparel Investors (NYSEMKT:APP)

Investors in American Apparel are watching nervously to see if the troubles at the company will result in them losing their investment. The retailer recently announced that it does not have the funds to continue operations next year. This means that the company will have to find new financing or raise money before it runs out of funds. Shares of the company’s stock fell sharply after the announcement. American Apparel warned that investors could suffer big losses on their investments if it does not come up with a solution to its issues quickly.... 
 

Disney Fails To Meet Expectations For 3Q (NYSE:DIS)

Walt Disney Co. saw its shares fall after the company failed to meet expectations on earnings for the third quarter. In its fiscal third quarter, revenue for the company totaled $13.1 billion, below analysts’ estimates of $13.22 billion. The difference between the two numbers was mostly due to unfavorable exchange rates. The company reported that quarterly profit increased 11 percent to reach $2.48 billion, or $1.45 a share. Analysts had expected $1.42 a share in profit for the quarter. After the earnings announcement, Disney’s shares fell about... 
 

Discovery Communications, Comcast Reach Agreement On Distribution (NASDAQ:DISCA)

Discovery Communications and Comcast have announced that they have reached an agreement on a new distribution pact. The distribution pact regards the carriage of Discovery’s 12 U.S. networks on Comcast cable systems. Those networks include Animal Planet, Discovery and TLC, three of Discovery’s most popular networks. The old distribution pact between the two companies reportedly expired last month. As part of the pact, Comcast can include Discovery’s networks in its TV Everywhere service for Comcast Xfinity customers. The TV Everywhere... 
 

IBM Reports Revenue Drop For 2Q (NYSE:IBM)

IBM’s overall profit and revenue declined in the second quarter of its fiscal year. IBM reported that its revenue fell 13 percent in the quarter. This was the 13th consecutive quarter of slipping revenue for the company. The second-quarter revenue fell short of the average estimate of Wall Street analysts of $20.9 billion, as compiled by Thomson Reuters. IBM reported a 17 percent decline in net income for the quarter, falling to $3.5 billion. It delivered earnings per share from continuing operations of $3.84 a share. That was above the consensus... 
 

Microsoft Announces Another Round Of Layoffs (NASDAQ:MSFT)

Microsoft has announced that it would be undertaking another round of layoffs, cutting up to 7,800 jobs, mostly from the mobile phone business recently acquired from Nokia. Microsoft’s current chief executive, Satya Nadella, announced a broad rethinking of the company’s phone strategy on Wednesday. The company will also be writing off nearly all of the value of the Nokia acquisition. Microsoft said it would take a $7.6 billion accounting charge during its fourth fiscal quarter related to its acquisition of Nokia’s handset operations. Microsoft... 
 

Macy’s Cuts Ties With Donald Trump After Controversy (NYSE:M)

Macy’s has decided that the company would no longer do business with Republican presidential candidate Donald Trump after he made controversial statements denigrating Mexicans and immigrants. Trump called Mexican immigrants rapists and drug runners in a speech in which he announced his intention to run for president. He then doubled down on those remarks on Twitter. Macy’s released a statement that said, “We are disappointed and distressed by recent remarks about immigrants from Mexico. We do not believe the disparaging characterizations portray... 
 

Whole Foods Accused Of Systemic Overcharging (NASDAQ:WFM)

Whole Foods Market is facing accusations from a New York City agency that the company has been systemically overcharging its customers for its goods. New York City’s Department of Consumer Affairs (DCA) reported that an ongoing investigation had found evidence of the overcharging at Whole Foods stores across the city. The investigation was first reported by the New York Daily News. Throughout the investigation, 80 different package types were tested and all were found to have mislabeled weights. The products tested included prepackaged meat, dairy,... 
 

Starbucks Shuttering All La Boulange Bakery Locations (NASDAQ:SBUX)

Starbucks has announced that it would be closing all 23 of its La Boulange bakery locations over the next couple of months. The closures include 22 La Boulange retail outlets in San Francisco and one in Los Angeles. Starbucks is also closing two manufacturing plants serving the La Boulange bakery cafes. Pascal Rigo, the French baker who founded La Boulange, will be leaving Starbucks as well. In 2012, Starbucks paid $100 million to buy La Boulange’s owner, Bay Bread Group. The bakeries made products like blueberry scones, iced lemon pound cakes... 
 

Netflix Inks Entertainment Deal With Marriott (NASDAQ:NFLX) (NASDAQ:MAR)

Netflix has announced that the company has reached a deal with Marriott Hotels to provide entertainment for the hotel chain’s guest rooms. Many hotels have found that their guests regularly stream video from services like Amazon Instant Video, Hulu Plus, and HBO Go while they’re in hotels. Over the past few years, streaming services have surged while traditional television viewing has declined. Marriott says that the Netflix app will be added to the in-room television sets in several hotels initially, with the program being rolled out to... 
 

Instagram Launches Fully Developed Ad Platform

Instagram’s ad business just got a boost thanks to Facebook. Instagram’s Today photo-sharing app is opening up to millions of advertisers potentially interested in sharing ads on the app. The photo-sharing app is very popular, more than 300 million users. New technology, more ad styles, and sophisticated targeting tools from Facebook have been added to the app to make it more attractive to advertisers. Instagram posts will now have Shop Now, Book Now, Download, Learn More and Sign Up links. The goal of the ad design has been to add commercial... 
 

Apple Enhancing Mobile Payment Offerings (NASDAQ:AAPL)

According to sources close to the company, Apple will announce details about enhancing its Apple Pay mobile payments platform at its software conference next month. As more consumers show that they are willing to make purchases using smartphones, Apple and other companies are competing to establish dominance in the market. Forrester Research predicts mobile payments will continue to grow rapidly, rising in the United States to $142 billion by 2019 from $52 billion in 2014. Apple introduced Apple Pay last October, effectively increasing consumers’... 
 

Verizon Makes Deal To Buy AOL (NYSE:VZ)

Verizon Communications has announced that it has reached a deal to buy AOL for $4.4 billion. The acquisition is just the latest in a series of steps to transform Verizon into a competitive threat across the technology, telecommunications, and media industries. Verizon currently has a stock market value of $200 billion, more than 100 million wireless customers and nearly 20 million households subscribing to their FiOS Internet or video connections. At an industry conference, Verizon’s chief executive, Lowell McAdam, spoke about the AOL deal. The... 
 

Nearly Three-Fourths Of Web Users Visited Facebook Last Month (NASDAQ:FB)

According to research from GlobalWebIndex, 73 percent of Internet users visited the Facebook website last month. The number of visits to the Facebook website has remained steady over the last eight quarters, according to the data. While the number of Web users visiting the site is impressive, some investors are worried about the downward trend in active users of the site. According to the study, 42 percent of the total Internet users surveyed actively used Facebook in the last month-long period. This was lower than the 53 percent of users actively... 
 

Intel Helps Chinese Company Create 3D Printed Robot (NASDAQ:INTC)

Intel surprised participants of the annual Intel Developer Forum by teaming up with a Chinese company to create a 3D printed robot based on its iconic mascot. The robot is 1 meter tall and has a host of activities it can complete, including telling stories, identifying animals, and interacting with humans. The robot got quite a reception at the forum, with many people posing for pictures with it. The Intel Developer Forum was held in Shenzhen, China this year. In Intel’s early years, the company aired commercials featuring clean-room workers... 
 

Chipotle Delivery Coming To 67 Cities (NYSE:CMG)

Restaurant chain Chipotle Mexican Grill has announced that it would begin food deliveries in 67 cities through a partnership with delivery startup Postmates. Chipotle has been seeking to gain more traction in the fast casual industry and believes adding the delivery service would help the company expand. However, many have pointed out that the cost of delivery may be too high considering the price of the restaurant’s food. The company has started delivering a wide variety of fresh and readymade food, including burritos, tacos, burrito bowls,... 
 

IBM Launches New Health Initiative (NYSE:IBM)

IBM is partnering with Apple, Johnson & Johnson and Medtronic to adapt its Watson artificial-intelligence technology for health care. IBM plans to use the Watson technology to create a cloud-based service can collect vast stores of health data and deliver insights to hospitals, physicians, insurers, and researchers tailored to individual patients. The implementation of the plan, dubbed Watson Health, would enable the company to personalize health care on a grand scale. The creation of the Watson Health unit is IBM’s latest effort to apply... 
 

Amazon Gets Approval To Test Delivery Drones (NASDAQ:AMZN)

The Federal Aviation Administration has given Amazon approval to begin testing its plan for its Prime Air service, which will use drones to deliver products sold by the company to homes and businesses. The FAA told the company in a letter this week that Amazon can now test its current drone designs in the U.S. The move has also created a regulatory framework for other businesses interested in launching similar services. The FAA’s recently proposed rules for commercial drone operations do not go far enough to bring Amazon ultimate vision of Prime... 
 

Deutsche Bank Reportedly Near Deal To End Libor Investigation (NYSE:DB)

Reports are surfacing that Deutsche Bank is nearing a deal to pay a record penalty and accept a criminal guilty plea to settle allegations of participation in Wall Street’s manipulation of the London interbank offered rate, or Libor. The long-running investigation has involved regulatory authorities around the globe including federal prosecutors, New York State’s financial regulator, and regulators in London and Washington. Collectively, the authorities are expected to collect more than $1.5 billion from Deutsche Bank. A condition of the deal... 
 

Amazon Enters The Home Services Market (NASDAQ:AMZN)

E-commerce giant Amazon has announced the introduction of Amazon Home Services, a marketplace where shoppers can schedule and pay for home services such as gutter repair, TV wall mounting, and basic home improvement tasks like painting. Pricing for each professional service is available upfront and the professionals providing the services have all been vetted by Amazon with a background and licensing check. Customer reviews will be available to help shoppers make their decisions. Amazon is launching the service with more than 2 million service offers... 
 

Facebook Explores Hosting Content For News Sites (NASDAQ:FB)

Facebook is reportedly exploring options for hosting content for news sites within the Facebook framework. Facebook has been holding talks with multiple media companies about hosting their content inside Facebook, according to several people briefed on the talks who spoke on condition of anonymity. In the next several months, Facebook intends to begin testing the new content format with several partners, including The New York Times, BuzzFeed and National Geographic. Other partners may be added later since the discussions are still continuing. Facebook... 
 

Lumber Liquidators On Defense After Critical News Report (NYSE:LL)

Lumber Liquidators has shifted into crisis control mode after a piece critical of the company’s products aired on the CBS News program “60 Minutes.” The report claimed that the discount flooring retailer sold laminate wood flooring from China that contained levels of formaldehyde that violated safety limits set by the California Air Resources Board. Since the report aired on March 1, the company’s stock price has fallen nearly 30 percent and its sales had dropped about 7.5 percent when compared with the same period of 2014. Lumber Liquidators... 
 

Wells Fargo Pulls Back On Subprime Auto Loans (NYSE:WFC)

Wells Fargo has announced that the company is pulling back from the business of making loans to financially troubled borrowers to buy cars. The giant San Francisco bank will cap any new subprime auto loans at no more than 10 percent of all its car loans. This is the first time Wells Fargo has imposed a cap on the amount of loans it is willing to extend to subprime borrowers. According to bank executives, Wells Fargo’s overall auto loan originations last year totaled $29.9 billion. Subprime borrowers are currently responsible for one in four new... 
 

Sears To Spin Off Hundreds Of Profitable Stores (NASDAQ:SHLD)

Sears Holdings Corp. has announced plans to spin off up to 300 of its most profitable stores into a separate company in the next few months. The stores would be sold into real-estate investment trust, after which Sears would rent those stores back from the REIT. The company hopes to have the spin-off of the stores completed by June. Sears posted a loss of $159 million over the latest holiday season. Revenue plunged to $8.1 billion, a 24 percent drop from the same quarter a year ago. Comparable-store sales fell 2 percent at Kmart and 7 percent at... 
 

Wal-Mart Raising Wages For Half-million Employees

Wal-Mart Stores Inc. has made an announcement that the company would be raising the wages of about a half-million of its workers in the United States this year. Wal-Mart is currently the nation’s largest private employer with about 1.3 million U.S. workers on its employee rolls. The changes that Wal-Mart is making to its business practices are expected to give its employees more opportunities for advancement and more consistent schedules. The company is also increasing its focus on recruiting and retaining better workers at its stores to improve... 
 

Google Announces YouTube Version Of Popular Channel For China (NASDAQ:GOOGL)

Google has announced the launch of a Chinese version of its popular YouTube channel for Google developers. This new channel will increase Chinese developers’ access to information and resources about Google’s products and services. The channel includes videos from the main developers’ channel that will have Chinese subtitles and original content in Mandarin. Google has announced that there is a risk that the channel will get disrupted by China’s censorship system unless viewers use a VPN for access. Google’s Developer Channel is a valuable... 
 

Anthem Hack Exposes Data Of 80 Million Consumers (NYSE:ANTM)

Roughly 80 million people have has their personal information exposed through a hack on Anthem’s computer systems. Anthem admitted that its systems were breached through a sophisticated cyberattack in letters to customers sent out this week. The information exposed included names, birthdays, addresses, employer information, email addresses, Social Security numbers and medical identification. Anthem has contacted the FBI and a leading cybersecurity firm to investigate the attack and provide recommendations to improve its security features for the... 
 
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