Permits
Published 12:00 am Thursday, May 22, 2014
EBay customer data hacked
In the latest high-profile breach of a company’s computer network, hackers have infiltrated the online marketplace eBay, gaining access to the personal data of 145 million customers, the company said Wednesday.
The hackers broke into an eBay database containing names, email addresses, birth dates, encrypted passwords, physical addresses and phone numbers.
There was no indication that the attackers obtained financial information such as credit and debit card numbers or gained access to customer accounts at PayPal, which is owned by eBay, said Amanda Miller, a company spokeswoman. The company has not seen evidence of fraudulent activity that could be linked to the breach, she said.
Still, hackers could use the stolen data for identity theft. Personal information — such as emails, passwords and birth dates — is regularly sold on the black market to criminals who use it for phishing or identity theft.
Chinese company has $1.8B IPO
JD.com, a major Chinese online retailer, raised $1.78 billion in its initial public offering Wednesday, beating expectations for the company’s eagerly awaited stock sale.
Underwriters for JD.com priced the offering at $19 per U.S. depositary share, a dollar above the high end of its anticipated price range. That values the company at about $25.7 billion.
The company’s offering has been closely watched as a potential indication of how an even bigger Chinese company — the Alibaba Group, an enormous Internet conglomerate — will do when it makes its own U.S. market debut.
— From wire reports