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AM Prep-Cyber Corner

January 8, 2019

IN THE NEWS: AMAZON BECOMES MOST VALUABLE COMPANY IN U.S.

SAN FRANCISCO (AP) — The game of corporate leapfrog continues. Amazon has hopped over Microsoft as the nation’s most valuable publicly traded company. The shift came yesterday after Amazon’s shares rose 3 percent, lifting its stock market value to $797 billion. Meanwhile, Microsoft’s stock value rose by less than 1 percent, leaving its value at $784 billion. The flip-flop marks the first time Amazon has captured the top spot. And it ends Microsoft’s brief return to the top of the corporate pecking order. Microsoft captured the number-one slot from Apple in late November.

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Sound:

046658-v-322:80-(Jackie Quinn, AP correspondent)-“I’m Jackie Quinn”-Amazon emerges as most valuable US firm amid market turmoil (8 Jan 2019)

<<CUT *046658 (01/08/19)££ 322:80 “I’m Jackie Quinn”

IN THE NEWS: GERMAN HACKING PROBE

BERLIN (AP) — German investigators have searched the apartment of a witness in their probe of an alleged hacking case. Officials say the search took place in the southwestern city of Heilbronn on Sunday — but provided no other details. The breach has resulted in the private information of hundreds of politicians and celebrities being posted online. Authorities say nearly a-thousand people were affected by the security breach.

ON THE WEB: MASTERCARD DROPS NAME FROM LOGO

CYBERSPACE (AP) — Some companies are like celebrities — in that they don’t have to go by their full name to be known. Now, MasterCard is trying to join the ranks of companies like Apple, Nike and Target — by being known only by its logo, and not its name. MasterCard is dropping its name from its logo. It used to be emblazoned over the pair of interlocking red and yellow circles. The MasterCard name has been on its cards and products for more than a half century.

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Online:

MasterCard site: http://www.mastercard.com

IN STORES: CES AND TV’S

LAS VEGAS (AP) — Already, a lot of people have managed to make their TV antennas and set-top boxes disappear. Now, a company is offering a TV that can itself disappear. LG is showing off a “roll-able” TV. It’s a 65-inch screen model that can scroll down into its base with the push of a button. While the set is out of sight, it can still play music — or display the time when partially rolled down. LG says the TV, being showcased at the CES event in Las Vegas, will be available later this year. LG didn’t say how much it will cost.

by Oscar Wells Gabriel II

Follow Oscar Wells Gabriel II on Twitter at https://twitter.com/OWGabriel2

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