Marketplace®

Daily business news and economic stories
Dec 23, 2013

Marketplace for Monday, December 23, 2013

Apple and China Mobile announce a deal that could potentially put the iPhone into the hands of 700 million new Chinese customers. Next, we all know about the big Target hack that compromised the debit cards of millions of Target’s shoppers. What made the company and  makes so many American companies vulnerable to this kind of attack:  the magnetic strip. Why are we still using it when so many other countries have moved onto more secure credit and debit cards? Finally, it’s D-day for millions of uninsured who want to get their policies in motion by Jan. 1.

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Apple and China Mobile announce a deal that could potentially put the iPhone into the hands of 700 million new Chinese customers. Next, we all know about the big Target hack that compromised the debit cards of millions of Target’s shoppers. What made the company and  makes so many American companies vulnerable to this kind of attack:  the magnetic strip. Why are we still using it when so many other countries have moved onto more secure credit and debit cards? Finally, it’s D-day for millions of uninsured who want to get their policies in motion by Jan. 1.

Marketplace for Monday, December 23, 2013