Target Knew About Its Massive Hack—It Just Didn't Do Anything to Stop It

Throughout the total absurdity that's been the aftermath of Target's massive data breach, one question has continued to persist unanswered: Why the hell didn't one of the biggest retailers in the country have sufficient security software? Well, the thing is—it did. It just ignored it. » 3/13/14 9:54am 3/13/14 9:54am

A TV Anchor Tries to Gift Bitcoin On Air, Is Immediately Robbed

This past Friday, Bloomberg TV anchor Matt Miller took an on-air opportunity to give the gift of Bitcoin to two of his fellow anchors during his "12 Days of Bitcoin" segment. And in a beautiful twist of karmic justice, punishment for running such an absurd segment in the first place, every last digitally invested cent… » 12/23/13 1:30pm 12/23/13 1:30pm

The Billion-Dollar Megaprojects That Will Transform NYC By 2030

As Michael Bloomberg's reign comes to a close, our mayor/billionaire underwriter is talking up his next move, which involves teaching other cities to be more like New York. But behind the scenes, he's also scrambling to push through dozens of building projects that will define his legacy. » 12/19/13 2:20pm 12/19/13 2:20pm

Bloomberg: A Retina iPad Mini and a Thinner iPad Are Coming

Bloomberg is reporting that a retina iPad Mini and a thinner iPad are both set to release later this year. That would confirm previous reports about how the full-sized, big boy iPad was getting the iPad Mini design treatment with a narrower bezel and a thinner body and that the iPad Mini would finally get a Retina… » 8/12/13 6:57pm 8/12/13 6:57pm

Three Major Ways NYC Is Already Preparing For the Next Big Storm

In June, Mayor Bloomberg presented a 438-page proposal that laid out hundreds of ways in which New York needs to adapt to survive storms like Sandy, which hit the city almost a year ago. Some of his recommendations were sensible, others were intriguing. Most of them seeemed like long-term investments. But the city is… » 8/12/13 11:00am 8/12/13 11:00am

FT: Thousands of Confidential Bloomberg Terminal Messages Found Online

Just the other day, the New York Post outed Bloomberg reporters for monitoring Bloomberg terminals to track Wall Street traders' accounts. Now, the Financial Times has pointed out another egregious but unrelated security problem: apparently more than ten thousand confidential terminal records have been on the Internet » 5/13/13 6:30pm 5/13/13 6:30pm

Bloomberg Reporters Used Shady Terminal Access To Spy on Finance Types

Trading on Wall Street is basically a huge game of poker and it would be kind of hard to bluff or cover your strategy if Bloomberg News reporters were watching your Bloomberg terminal to track your every move. So you'd assume that said reporters wouldn't abuse their corporate affiliation like that, because it would be… » 5/12/13 9:00am 5/12/13 9:00am

Rupert Murdoch Admits the WSJ Is Still Being Hacked

If you thought the Wall Street Journal only announced that it had been infiltrated by Chinese hackers once the debacle was over—think again. Rupert Murdoch has tweeted that the newspaper is still coming under sustained attack. » 2/06/13 3:31am 2/06/13 3:31am

Department of Justice Launches HP-Autonomy Fraud Probe

HP has announced that the Department of Justice has opened a fraud investigation relating to Autonomy—the company that HP bought for $11 billion then ended up costing a further $9 billion. » 12/28/12 6:00am 12/28/12 6:00am

Bloomberg: No New Apple TV This Year

We heard in August that Apple had been struggling to square up the future of its TV service with the big bad cable companies over. Now, a Bloomberg source is admitting that it means no new Apple TV product will launch this year. » 9/06/12 3:40am 9/06/12 3:40am

Nokia's Separation Anxiety,Visualized

How do you solve a problem like Nokia? The company has been foundering for years, and at this point may have taken on more water than newish CEO Stephen Elop CEO can bail. But how did a company that once defined the mobile industry fall so far behind? It might be more a matter of distance than ideas. » 6/21/11 6:20pm 6/21/11 6:20pm