Staples drops Kaspersky Lab products amid Russian spying claims

Staples Inc. has followed fellow retailers Best Buy and Office Depot in cutting ties with Kaspersky Lab, the Moscow-based antivirus software vendor accused of being a conduit for the Russian government’s espionage efforts. Kaspersky’s antivirus software was taken off the Staples website and pulled from the shelves of all of its over 1,200 retail stores Thursday,… Please follow and like us:

Read More

Feds ban Russian software from government computer networks

WASHINGTON — The federal government on Wednesday banned the use of an internationally popular brand of Russian-made security software over concerns that its manufacturer has ties to the country’s spy service and the software could present a threat to national security. The Department of Homeland Security gave federal offices 90 days to eliminate any software manufactured… Please follow and like us:

Read More

Best Buy sees best sales gain in seven years, but its stock price takes a dive

MINNEAPOLIS — Best Buy Co. celebrated on Tuesday its biggest quarterly sales jump in seven years — and then its stock plummeted. Such is the up-and-down life of retailers these days trying to prove themselves to investors amid the formidable shadow of Amazon. The retailer, based in suburban Minneapolis, posted a 5.4 percent jump in comparable… Please follow and like us:

Read More