Target's security software detected potentially malicious activity during last year's massive data breach, but its staff decided not to take immediate action, the No. 3. U.S. retailer said on Thursday. "With the benefit of hindsight, we're investigating whether if different judgments had been made the outcome may have been different," company spokeswoman Molly Snyder said in a statement. The disclosure came after Bloomberg Businessweek reported on Thursday that Target's security team in Bangalore had received alerts from a FireEye Inc. security system on Nov. 30 after the attack was launched and sent them to Target headquarters in Minneapolis.
WalmartLabs plans to open a 100-employee software-development center in Bangalore, India, by year-end. Wal-Mart Stores' digital division will create social and mobile applications, including apps that help in-store customers pinpoint the location of items they seek.
Amazon.com is poised to enter India and could start operations next year in a country where a growing middle class could substantially boost global revenues.
Bangalore, India -- A Wednesday report by Bloomberg said that Wal-Mart Stores, in its joint venture with Indian company Bharti Enterprises, plans to triple its wholesale outlet locations in India this year. The report comes as Wal-Mart and other foreign retailers have been blocked from opening retail outlets in India, and are permitted only to set up wholesale locations. Setting up wholesale businesses will help overseas companies prepare for the time when India relaxes its rules on retailing, which may happen by April, Junior Trade Minister Jyotiraditya Scindia told Bloomberg. “We’re filling a gap in the country which has