The Office of Personnel Management today said that some 5.6 million fingerprints were stolen by the hacker and not 1.1 million like it was previously reported. The new data came after the agency had conducted further investigation together with the Department of Defense.
Regions
Zscaler raises $25mn from Google Capital to close $110-mn round
Zscaler, a California-based cloud security firm, has mobilized $25million from Google Capital, an equity investment arm of Google. Adding to the oversubscribed round, the total amount raised by Zscaler reaches $110mn. The cyber security firm raised $85million in August. Zscaler was waiting for a strategic partner to close the round. Google Capital is engaged in late-stage financing activity.
Facebook to Make Money from Messenger
Facebook's new Messenger app has made it easier for businesses to have an organic connection with their customers, which could yet be another way for the giant social media platform to earn money.
The nice ones will be rewarded - in business
"Good guys finish last" is a common saying, but is not necessarily true when it comes to handling business, or so as others would like to believe. To some, a firm hand and a cold resolve would make for a fine CEO, whether that CEO is a man or a woman. However, kindness is beneficial to the businesses' customers and employees.
Indian market regulator slaps $1.1B fine on PACL Ltd
Securities and Exchange Board of India (SEBI), the Indian stock markets regulator, has imposed a heavy fine of $1.1 billion (INR 72.7bn) on New Delhi-based real estate firm PACL Ltd for illegally raising funds to the tune of INR491 bn from the market. Sebi has further directed PACL Ltd to cough up the fine amount within 45 days from the order date. The fine amount is the biggest penalty so far that SEBI imposed on any company.
Latest News
Plans for setting up a Boeing factory in China has been submitted to the Beijing Government. It was reported Tuesday by the state-run media ahead of President Xi Jinping's U.S. visit, where he will tour one of its plants.
With the European court judgment's awareness, UK aviation regulators started enforcing the budget airline Ryanair, to compensate thousands of delayed passengers. The statement came after hours after a final ruling from the European court of justice opened the floodgates for compensation claims against airlines that could reach into hundreds of millions of pounds, as reported by The Guardian.
Volkswagen's manipulation in emission norms is rocking Germany following the latest resignation of CEO Martin Winterkorn. Analysts forecast that the recent developments at Volkswagen will have an impact on business and politics in Europe's largest economy.
Photoshop maker Adobe System Inc's quarterly revenue jumped 21 percent, thanks to the better-than-expected increasing number of subscribers to its Creative Cloud software suite. Reuters wrote that Adobe's net income increased to $174.5 million, which is 34 cents per share in the end of the third quarter on August 28. Last year, on the same period, that number was only $44.7, or 9 cents per share. Meanwhile, its revenue went up to $1.22 billion from $1.01 billion.
New versions of Microsoft Office apps are out. Subscribers to Microsoft's cloud-based subscription service Office 365 may now download the new apps, including Word, Excel, and PowerPoint. Updated versions of Outlook, OneNote, Project, Visio, and Access are also available.
Reviews about the new iPhone 6S are all over the internet, and most are ridiculously impressed with the advancements of the device. From its 3D touch to its iOS9, it seems everything has changed for Apple's flagship device.
America's total wealth in Q2 increased even more, thanks to the stronger housing market. The value of owner-occupied real estate hit $21.5 trillion, up more than $400 billion from Q1 and nearly $4.5 trillion since the low point in 2011, according to the Federal Reserve report on Friday, as reported by CNNMoney.
Indian currency Rupee seems to be heading for its biggest drop since 2013 as INR continued to drop for the third consecutive session following the selling pressure in riskier assets owing to renewed growth concerns on Asia.
The Chinese manufacturing sector registered its worst performance in the past 78 months. The measure of sentiment among purchasing managers, Preliminary Caixin China manufacturing index (PMI) dropped to 47 in September from 47.3 in August.
