January 31, 2014 in Business

Business Briefs: Yahoo email data breached

From Wire Reports
 

NEW YORK – Usernames and passwords of some of Yahoo’s email customers have been stolen and used to gather personal information about people those Yahoo mail users have recently corresponded with, the company said Thursday.

Yahoo didn’t say how many accounts have been affected. There are 273 million Yahoo mail accounts worldwide, including 81 million in the U.S.

Yahoo Inc. said in a blog post on its breach that “The information sought in the attack seems to be names and email addresses from the affected accounts’ most recent sent emails.”

Yahoo said the usernames and passwords weren’t collected from its own systems, but from a third-party database. Yahoo said it is resetting passwords on affected accounts and has “implemented additional measures” to block further attacks.

Amazon growth falls short

SEATTLE – Amazon’s profit and revenue both grew in the latest quarter but its results fell below what Wall Street was expecting and shares of the world’s biggest online retailer declined after-hours.

Amazon.com Inc. also said it is considering a $20 to $40 price hike on its popular Prime service, which currently costs $79 a year in the U.S. and offers free two-day shipping on most items.

Amazon earned $239 million, or 51 cents per share, in the October-December period. That’s up from $97 million, or 21 cents per share, in the same period a year earlier. Revenue grew 20 percent in the fourth quarter, to $25.59 billion from $21.27 billion. Analysts were expecting earnings of 74 cents per share on revenue of $26.05 billion, according to FactSet.

Toyota seat heaters illegal in U.S.

DETROIT – Toyota has told North American dealers to stop selling six popular models with heated seats because the fabric doesn’t comply with U.S. safety codes and potentially could catch fire.

The order affects 36,000 cars, trucks and minivans, about 13 percent of the inventory on dealer lots in the U.S., spokesman John Hanson said.

No fires or injuries have been reported, but Toyota can’t legally sell cars that don’t comply with U.S. safety codes, spokesman John Hanson said.

Dealers can no longer sell certain Camry, Avalon, Sienna and Tacoma models with heated seats from the 2013 and 2014 model years, as well as Corollas and Tundras from 2014.

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