That's how little it can cost a hacker to rent Amazon.com's servers to wage cyberattacks such as the one that crippled Sony's gaming network. Last month's incident compromised more than 100 million customer accounts, the second-largest online data breach in U.S. history. It also illustrates the dilemma facing Amazon CEO Jeff Bezos: His cloud-computing service is as cheap and convenient for hackers as it is for customers such as Netflix and Eli Lilly.
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"It will be scooped up likenobody's business."
Lon Erickson, a money manager at Thornburg Investment Management, on demand for Google's $3 billion bond sale on Monday. With cash and marketable securities of $35 billion at year end, Google sold three-, five- and 10-year bonds at interest rates as low as 1.25 percent. Google will use the proceeds to pay off commercial paper that matures in less than a year.
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It's a big week for big-box retailers. Wal-Mart, Target and Home Depot are all reporting quarterly earnings in the next two days, giving a snapshot of the health of discount chains. Target, which has a bigger presence than Wal-Mart in much of the Bay Area, is trying to gain on the industry leader by redesigning stores and opening new locations, such as in San Francisco's Metreon.This article appeared on page D - 1 of the San Francisco Chronicle
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