Deals site LivingSocial hacked

Investor's Business Daily

A hacker breached the network of the daily deals site, accessing names, emails, birth dates and encrypted passwords for about 50 mil users, the Dow Jones-owned tech blog AllThingsD first reported. In an internal email obtained by the blog, LivingSocial said neither customer credit card information nor merchant financial data were compromised. Amazon (AMZN) owns 29% of the deals site, which competes with Groupon (GRPN) and others.

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