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Businesses

Submission + - Circuit City To Close All Stores (nytimes.com)

ChrisAM writes: "Just last week, Circuit City — which has some 30,000 employees and 567 stores — was in talks with two potential buyers, but it was unable to reach a timely agreement with its creditors and lenders. "We are extremely disappointed by this outcome," said James A. Marcum, vice chairman and acting president and chief executive of Circuit City Stores Inc. He called the liquidation "the only possible path for our company.""
Businesses

Submission + - Circuit City To Liquidate All 567 Stores (washingtonpost.com)

damn_registrars writes: "American electronics retailer Circuit City filed for chapter 11 back in November. Now it is announced that they will be liquidating all of their assets and closing all of their stores beginning as soon as tomorrow.

People who have been following this story may also recall there was talk of a Circuit City — Blockbuster merger not long ago, which never materialized."

Security

Submission + - Facebook and PGP (sans.org) 1

An anonymous reader writes: SANS Internet storm center writes: "Facebook has taken a step in the right direction by adding the ability to add a link to your public PGP key. It also allows you to see which of your friends have keys. Hopefully it will also spread the word about PGP and allow for a more secure/safer social networking site. Granted, with PGP, there is a level of trust needed. However, it is still a step in the right direction and affords the benefit of no need to go searching public key servers looking for the key you need." Link to said application: http://www.facebook.com/apps/application.php?api_key=a98cc1399afbb000b568826ba5e0eecb

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