Twitter Hackers Stole More Than 200M Emails, Delta Air Lines To Offer Free Wi-Fi, Bed Bath & Beyond's Bankruptcy Coming Sooner Than Expected: Top Stories Today
Benzinga · 01/06/2023 08:43
- Twitter suffered a data breach in which hackers stole over 200 million email addresses and posted them on an online hacking forum, according to a security researcher.
- Details of the hacking were shared by Alon Gal, co-founder and CTO of Israeli cybersecurity monitoring firm Hudson Rock in a LinkedIn post first noted on Reuters.
- Delta Air Lines Inc (NYSE:DAL) shared plans to offer fast, free Wi-Fi in partnership with T-Mobile US Inc (NASDAQ:TMUS) to all customers on board most domestic mainline flights beginning February 1.
- Delta will offer the service on more than 700 ViaSat, Inc (NASDAQ: VSAT)-equipped aircraft by the end of 2023.
- Delta also announced plans to bring free Wi-Fi on international and regional aircraft by the end of 2024.
- Samsung Electronics Co, Ltd (OTC:SSNLF) shared the guidance for its fourth quarter.
- The ace chipmaker expects consolidated sales of approximately 70 trillion Korean won, down 8.6% year-on-year.
- Samsung saw a consolidated operating profit of approximately 4.3 trillion Korean won.
- Shell plc (NYSE:SHEL) announced the Q4'22 earnings impact of recently announced additional taxes in the EU, and the deferred tax impact from the increased UK Energy Profits Levy is expected to be around $2 billion.
- These impacts will be reported as identified items and, therefore, will not impact Q4'22 adjusted earnings and will have limited cash impact in Q4'22, given the expected timing of payments.
- Shell Q4 FY adjusted loss of $(550)-$(750) million.
- Peloton Interactive, Inc (NASDAQ: PTON) agreed to pay a $19.1 million civil penalty to the U.S. Consumer Product Safety Commission (CPSC).
- CPSC charged that Peloton purposely failed to immediately report to CPSC regarding its Tread+ treadmill defect that could create a substantial product hazard and create an unreasonable risk of serious injury to consumers.
- Beginning in December 2018 and 2019, Peloton received reports of incidents associated with pull-under and entrapment in the rear of the treadmills.
- By the time Peloton filed a report with the Commission, there were more than 150 reports of people, pets, and objects, including the death of a child and 13 injuries.
- The FDA has accepted Roche Holdings AG's (OTC:RHHBY) Biologics License Application (BLA) and granted priority review for glofitamab for relapsed or refractory (R/R) large B-cell lymphoma (LBCL) after two or more lines of systemic therapy.
- The FDA is expected to decide on the approval of this novel cancer immunotherapy by July 1, 2023.
- Stellantis NV has established a business unit, Mobilisights, to grow its data as a service (DaaS) business.
- The unit will also develop and license innovative B2B products, applications, and services.
- Mobilisights products will be available to diverse entities, including private enterprises, public-sector utilities, and education & research institutions, fostering data-driven decision-making.
- Retail store chain Bed Bath & Beyond Inc (NASDAQ:BBBY) is planning to file for bankruptcy in the coming weeks, sooner than expected.
- The latest development follows the company's inability to survive the competition and mounting debts.
- The company on Thursday said it is exploring strategic alternatives, including obtaining relief under the U.S. Bankruptcy Code.
- Pfizer Inc (NYSE:PFE) is reportedly exploring options for some early-stage candidates for rare diseases, including developing new viral-based gene therapies.
- The U.S. pharma giant said these options included collaborations with other drug developers for these medicines or establishing a new company, with an aim to focus on "high-impact" medicines and vaccines.
- Stellantis NV (NYSE:STLA) Chief Executive Officer Carlos Tavares warned of more auto plant closures in the year.
- Tavares said automakers would be pushed to shut shops if high electric vehicle prices made vehicle markets shrink.
- The remark comes as EV manufacturers in the U.S. have raised prices to counter inflation.
- Stellantis closed the assembly plant in Belvidere, citing high EV costs.
- Salesforce Inc's (NYSE:CRM) Tableau unit was hit harder than other units in the company's largest-ever round of jobs cuts this week, signaling the futility of the $15.7 billion acquisition.
- Salesforce fired Tableau CEO Mark Nelson and more senior staff in December as part of its downsizing plans.
- Job reductions at Tableau were more significant, proportionally than the company at large thus far.
- As the crypto lending industry faces increasing financial pressure, Genesis Trading, a subsidiary of Digital Currency Group (DCG), announced a 30% reduction in its workforce.
- The move followed the layoff of 20% of Genesis staff last year and the replacement of its CEO. The total number of job cuts now stands at 145.
- The decision came after Genesis hired bankruptcy professionals following the collapse of FTX and Alameda Research, a significant company client. In response to the crisis, Genesis froze redemptions for all clients and was said to have sought an emergency loan of $1 billion.
Photo by Gerd Altmann from Pixabay