Daily News: Reuters Technology News Headlines - U.S. retailer Michaels warns of possible payment card breach

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Saturday, Jan 25, 2014 02:24 PM PST
Today's Reuters Technology News Headlines - Yahoo! News: U.S. retailer Michaels warns of possible payment card breach SAP finance chief says could look at big acquisitions again: report

U.S. retailer Michaels warns of possible payment card breach  Saturday, Jan 25, 2014 02:24 PM PST By Jim Finkle BOSTON (Reuters) - Michaels Companies Inc, the biggest U.S. arts and crafts retailer, said it is investigating a possible security breach on its payment card network and advised customers to check their financial statements for fraudulent activity. If confirmed, it would mark the second known data breach since 2011 at Michaels, which is preparing to sell shares in an initial public offering. "We are concerned there may have been a data security attack on Michaels that may have affected our customers' payment card information," Michaels Chief Executive Chuck Rubin said in a statement on Saturday. Full Story	Top
SAP finance chief says could look at big acquisitions again: report  Saturday, Jan 25, 2014 04:15 AM PST FRANKFURT (Reuters) - German business software maker SAP could start looking at large acquisition targets again, particularly among cloud computing firms, its finance chief was quoted as saying by weekly Euro am Sonntag. "We could look at almost any size," SAP's Chief Financial Officer Werner Brandt was quoted as saying. Brandt, who will retire in May, declined to name any potential targets. SAP on Tuesday pushed back its profit target by two years as it waits for subscription revenue from cloud computing to gather pace and invests more in the business to keep up with a fast-growing market. ... Full Story	Top

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