Suspected state-sponsored hackers breached Yahoo's network in late 2014, stealing data associated with at least half a billion user accounts, the company confirmed on Thursday, making it the largest data breach ever reported. (more)
Regulators in the United States, Canada and Mexico have issued formal recalls for the more than one million Samsung Galaxy Note 7 phones that have been sold to date, warning that its battery can pose a serious fire hazard. (more)
The U.S Consumer Product Safety Commission (CPSC) has urged all owners of a Samsung Galaxy Note 7 to power their device down and to stop using them, saying a formal recall of the device will be issued soon. (more)
Donald Trump revealed a tax plan Tuesday that would align his proposals with those of House Speaker Paul Ryan. This new proposal would cut the number of income tax brackets by more than half and reduce rates across the board. While speaking at the Detroit Economic Club Monday, Trump gave proposals to attain an American "economic renewal." These included a suspension on government regulations, a proposal to make childcare expenses completely tax deductible, and further proposals his campaign contended will assist the middle class.
Wal-Mart Stores Inc. agreed to buy e-commerce startup Jet.com Inc. for about $3 billion in cash, giving the world’s largest retailer the resources for a stronger shopping website to compete with Amazon.com Inc., the online market leader. Bloomberg's Jeffrey McCracken reports.
Multiple bankruptcies and a union strike have brought the poorly-proclaimed Eighth Wonder of the World to an end. After Labor Day weekend, the Trump Taj Mahal casino in Atlantic City will close. Opened over two decades ago, the casino was marketed as the "Eighth Wonder of the World." However, Donald Trump can claim no hand in casino's current woes. The business was sold off to Tropicana Entertainment. It was previously owned by the now defunct Trump Entertainment Resorts company.
A 40-year-old man accused of leading a network of scammers to steal more than $60 million from hundreds of people and businesses around the world has been arrested in southern Nigeria, officials say. A second suspect has also been arrested. (more)
Artem Vaulin, the alleged Ukrainian owner of file-sharing website KickassTorrents (KAT), has been arrested by Polish police on U.S. charges of criminal copyright infringement and conspiracy to commit money laundering, prosecutors say. (more)
U.S. auto safety regulators warned on Thursday that Takata air bag inflators on more than 300,000 unrepaired recalled Honda vehicles show a substantial risk of rupturing, and urged owners to stop driving the "unsafe" cars until they have been fixed.