In the wake of the data security breach it suffered over the Christmas holiday period, Target Corp. has appointed a new chief information officer. Bob DeRodes will lead the company’s information technology transformation beginning Monday, the Minneapolis-based retailer said Tuesday.
Target also provided details of security enhancements it’s made since the data breach last year. The retailer, which has been working toward adopting chip and PIN technology for the last decade, said it has accelerated its $100 million investment to put the technology in place by 2015. Target is working with MasterCard on a new initiative to enable Target-branded credit and debit cards with MasterCard’s chip and PIN solution. Besides moving its Red card portfolio to the new technology, Target is installing supporting software and next-generation payment devices in its stores. The new payment terminals will be in all 1,797 U.S. stores by September, six months ahead of schedule.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)