Does a consumer hardware company need to get on the VC treadmill to succeed? Eleven years and 290 million products sold in 115 countries later, PopSockets has proven that the bootstrapped, less-thin route is more viable than the industry gives it credit for. The global consumer hardware brand was built on less than $500k, no…
Park Dae-jun has resigned as chief executive of South Korean retail giant Coupang after a data breach exposed the personal information of more than half the country’s population. In a statement, the park apologized for the breach, citing a “deep sense of responsibility for the outbreak and the subsequent recovery process.” Coupang has replaced the…
The Chairman of the UK Retail Giant Marx and Spencer refused to tell a panel of MPs whether the company had paid a hacking group after the ransomware attack earlier this year. “We have said that we are not discussing any details of our conversation with the threatening actor,” the chairman Archie Norman said, referring…
