In its second-largest acquisition, Amazon buys the company for $970 million.
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Customers should feel safe shopping on the Internet, and it’s our responsibility as retailers to let them know that their information is in good hands. We shouldn’t have to be told by Congress that we must do a better job guarding our customers’ right to privacy. As part of our sacred bond with shoppers, we should already be doing all we can to safeguard their most personal information.