Corporate

Stay updated with the latest corporate news impacting the business landscape. Our articles cover major announcements, mergers, and significant industry shifts.

M&S Cyberattack: £300 Million Loss Exposes Retail Risks

Marks & Spencer’s recent cyberattack resulted in a staggering £300 million loss, highlighting the vulnerability of even large corporations to sophisticated cyber threats. The attack, attributed to human error involving a third-party supplier, caused significant operational disruptions, including empty shelves, halted online sales, and massive food waste. The incident underscores the critical need for robust cybersecurity measures and comprehensive cyber insurance policies for businesses of all sizes. The company is now accelerating its digital transformation program to enhance its defenses. Learn more about the implications of this major cyber event and how businesses can protect themselves from similar attacks. Click here to read the full story!

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Skype Shutdown: Microsoft’s Iconic Platform Ends After 20 Years

The news has broken: Skype, the communication platform that revolutionized online interaction for two decades, is officially shutting down on May 5th, 2025. Microsoft, the tech giant that acquired Skype in 2011, is encouraging all users to migrate to their modern collaboration hub, Microsoft Teams. But what does this mean for the millions who rely on Skype daily? This article explores the reasons behind this monumental decision, the impact on users, and the future of digital communication in a post-Skype world. We’ll delve into the migration process, address user concerns, and examine the rise of competing platforms that ultimately contributed to Skype’s decline. Don’t miss out on this in-depth analysis of a technology milestone—read on to discover the full story!

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Boeing Wins $20B Fighter Jet Contract: Huge St. Louis Economic Boost!

President Trump’s announcement of a $20 billion contract awarded to Boeing for the production of a next-generation fighter jet is set to send shockwaves through the St. Louis economy. This isn’t just about a massive influx of cash; it’s about the potential for thousands of new jobs, revitalized infrastructure, and a significant boost to the region’s overall economic health. The implications are far-reaching, impacting not only St. Louis but also the national and global defense industries. This article delves into the details of this historic contract, examining its potential benefits and challenges, and assessing its long-term impact on the city and its people. Will this be the catalyst for a new era of prosperity in St. Louis? Read on to find out!

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