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OnePlus confirms security breach with a staggering number of affected users

“OnePlus explains that anyone who entered their credit card information on OnePlus.net between mid-November and January 11 might be affected by this breach” reports slashgear.com. Potentially affected users are instructed to watch their credit card statements closely and contact their banks or providers if they see any rogue purchases.Today we’re getting the first results from that investigation, and things aren’t looking good for OnePlus or its users.OnePlus stresses that those who paid using saved credit card information, credit cards routed through PayPal, or PayPal itself likely aren’t affected by this,…

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OnePlus Credit Card Breach: 40,000 Customers Exposed After Chinese Phonemaker Hacked

“Those who used a saved credit card, a credit card processed through PayPal or paid directly with a PayPal balance should not have been affected by the breach” reports ibtimes.com. Chinese smartphone manufacturer OnePlus announced Friday it experienced a security breach that may have resulted in the credit card information of more than 40,000 customers being stolen.While that narrows the number of people hit by the breach, it still resulted in more than 40,000 customers being exposed and having their credit card information stolen.OnePlus has been working with a third-party…

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OnePlus Says 40,000 Credit Card Numbers Were Stolen From Its Site

“Today, the company has announced the preliminary results of its investigation, showing that as many as 40,000 customers may have had their credit card details stolen” writes Ryan Whitwam for extremetech.com. Anyone who used a credit card on OP’s site during this time should assume their card is compromised.The code ran intermittently over the coming weeks until credit card payments were shut off on January 11th, 2018. Source: extremetech.com Share This:

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OnePlus confirms 40,000 customers may have had credit card information stolen

“In a statement posted on its official forums, OnePlus confirmed that as many as 40,000 users may have had their credit card information stolen due to a major security breach” writes Oliver Cragg for androidauthority.com. OnePlus shut down all credit card payments on its website after reports of account fraud began spreading on Reddit in recent weeks.Credit card numbers, expiry dates, and security codes may have all been compromised, OnePlus says, although this should only impact users that entered new card information during the period in question.OnePlus has concluded its…

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Trump claims credit for what is still mostly Obama’s economy

“But going forward it will definitely be a Trump economy.”” reports foxbusiness.com. Meanwhile, Michigan’s manufacturing employment was flat last year, while factory jobs rose just 0.5 percent in Ohio.Spending growth in the first nine months of 2017 was slightly slower than in the previous year.Factory jobs grew 4 percent in South Carolina from January through November, the largest gain nationwide, followed by South Dakota with 3.9 percent.During the presidential campaign, Trump portrayed the economy as floundering and called the unemployment rate “one of the biggest hoaxes in modern politics.”.  Source:…

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SIHH 2018: How luxury brands are seducing millennials

“It’s no secret that the last decade has been one of ups and downs for the luxury watch industry, thanks to financial crises, economic booms, and changing spending habits” reports cnn.com. Watchmakers must work hard to attract 21st-century consumers and to make the case for why the mechanical watch is still an object worth getting excited about.Thanks to the rise of blogs, forums and social media, customers are more educated and demanding than ever, and it looks like the watch world is finally taking notice. Source: cnn.com Share This:

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CREDIT SUISSE: Intel won’t see a near term earnings impact from Spectre or Meltdown

“Intel reports fourth quarter earnings January 25, and Pitzer thinks the results will fall in line with Wall Street’s expectations” writes Seth Archer for businessinsider.com. Spectre and Meltdown, arguably the two biggest flaws ever found in modern computers, might not have a big impact on the near-term earnings of Intel, the company hit the hardest by the flaws.There are three total variations of the two flaws, and Intel is the only company whose chips have been reported to be affected by all three. Source: businessinsider.com Share This:

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Citi reports $18.3B loss on tax law

“Adjusted to exclude the major tax items, net income rose to$3.70 billion from $3.57 billion” writes Aol Staff for aol.com. More from Aol.com: Wells Fargo profit boosted by one-time tax benefit Netflix, Inc. will lead the new media era South Korea plans to ban cryptocurrency trading, rattles market. On Friday, JPMorgan Chase & Co, the biggest U.S. bank, said it had taken $2.4 billion in one-time tax expenses, primarily for income earned overseas in the past.(Reuters) – Citigroup Inc on Tuesday posted an $18.3 billion quarterly net loss on one-time…

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GE’s credit rating affirmed at Fitch, but risk of downgrade increased after insurance charge

“Fitch Ratings affirmed General Electric Co.’s GE, -1.37% A+ long-term issuer default rating, and F1 short-term rating, following GE’s announcement that GE Capital will make a reserve contribution of $15 billion to its life insurance businesses over the next seven years” writes Reporter Editor for marketwatch.com. Fitch said that while the reserve contribution doesn’t immediately affect GE’s ratings, “the action brings GE closer to triggering Fitch’s negative rating sensitivities,” as it reduces the value of GE Capital and its long-term capacity to pay dividends to GE. “Fitch believes there is…

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