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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


Twitter Hackers Stole More Than 200M Emails That Could Lead To Lot Of 'Targeted Phishing And Doxxing,' Says Security Researcher

  • 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.

Free Wi-Fi On Your Next Flight? – Delta Taps T-Mobile To Offer Free Wi-Fi

  • 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 Sees Q4 Profit Plunge 69% As Pandemic Correction And Macro Headwinds Weigh

  • 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 To Pay $2B As A Part Of Windfall Tax In European Union In Q4

  • 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 Settles Treadmill Recall Incident And Violation With $19.1M Penalty

  • 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.

Roche's Investigational Lymphoma Candidate Goes Under FDA Priority Review

  • 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 Establishes New 'Mobilisights' Independent Business Unit

  • 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.



Bed Bath & Beyond Plans To File For Bankruptcy Within Weeks

  • 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 Mulls Strategic Options For Some Early-Stage Rare Disease Candidates

  • 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 CEO Warns Of More Plant Closures

  • 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's Downsizing Plans Hit Its Tableau Division Most

  • Salesforce Inc's (NYSE:CRMTableau 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.



Genesis Billionaire-Backed Crypto Lender Axes 30% Of Jobs Months After Laying Off 20% Of Staff

  • 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

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