Celebrity Photo Leak Hurts Apple & Cloud Reputation - Weekly Market Wrap Up

Our top news item is the massive security breach of Apple's digital cloud network, which has led to an embarrassing public fall-out for Steve Jobs' once universally loved company. Earlier in the week, online hackers caused an uproar when it was rumored that several personal photographs of A-list celebrities, including those of a risqué nature, were hijacked and subsequently uploaded onto the web.

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