The 5 Biggest Data Hacks of All Time

Data breaches and hacks hit us at an alarming pace if you follow the news. We’re reminded almost daily of just how fragile our internet-based financial and commercial infrastructure is. 7 percent, or about $1.35 trillion, of US GDP is generated digitally makes cracking (i.e. criminal hacking) large companies an alluring activity for online criminals.…

India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M – TechCrunch

Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers with online stores and consumers, for 2.95 billion Indian rupees ($42.33 million), the two said in a brief statement late Saturday. Fynd, which was founded in 2012, helps offline retailers sell their products to consumers…

On the Amazon panopticon – TechCrunch

Last year, “Amazon employees met with ICE officials … to market the company’s facial recognition technology,” the ACLU informs us. Amazon VP Brad Huseman later said “We believe the government should have the best available technology.” Then, last month, Motherboard revealed Amazon has partnered with police departments around the country to create “a self-perpetuating surveillance…