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Business Minute: Walmart's Gaming, Google Gets Hacked & Stocks Up

Walmart is getting in the video game trade-in business, Google gets hacked and stocks finally (finally) go up.
It's time now for your Business Minute on this Tuesday morning.

GOOGLE'S PLAY STORE GETS HACKED

A hacker attacked Google's Play Store Monday, upsetting developers and people trying to get Candy Crush updates.

Ibrahim Balic, a hacker from Turkey, says he's to blame for the crash. He says he found a weakness in the console, and everything collapsed after he created an app to point out the problem. The site crashed a second time after he uploaded his app to the publishing system. Balic says he's sorry for knocking everyone off-line, but chances are his pleas will fall on deaf ears.

Google did not respond to requests for a comment.

WALMART WANTS YOUR TRADE-INS

Watch out, Gamestop! Walmart is entering the used video game sales business.

The world's largest retailer has announced it will soon let gamers trade in their old video game discs for gift cards. Walmart says it will accept all working, undamaged copies of games for modern consoles, such as the Wii, X-Box and Playstation. Used games will be refurbished and re-sold as "certified pre-owned".

The move puts Walmart in direct competition with similar practices at Gamestop, Best Buy, Target and other stores.

SAY IT AIN'T S"O"

Oprah Winfrey is selling Harpo Studios in Chicago to a developer.

"The Oprah Winfrey Show" was taped at the studio from 1990 until 2011. A representative for Harpo issued a statement saying they had entered a purchasing agreement with Sterling Bay. The studio will stay on the property for another two years and it will continue to produce programming for the OWN.

IT WAS A LONG TIME COMING...
   
After consecutive days of loss, the Dow Jones finally ended a day in the black, gaining 181 points on Monday. The Nasdaq gained 34 points, and the S&P 500 closed the day up 17 points.

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