(Reuters) -T-Mobile’s network was among the systems hacked in a damaging Chinese cyber-espionage operation that gained entry into multiple U.S. and international telecommunications companies, The Wall Street Journal reported on Friday citing people familiar with the matter. Hackers linked to a Chinese intelligence agency were able to breach T-Mobile as part of a monthslong campaign…
(Reuters) -Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam-based Just Eat Takeaway.com, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world’s…
You know the housing market is really slow when even millionaires are having trouble buying their dream homes and opting to rent instead. But that’s the situation in the housing market here at the end of 2024. Find Out: 3 Best States To Buy Property in the Next 5 Years, According to Experts Explore More:…
Hannah Miao Wall Street Journal reporter Hannah Miao is moving to Singapore to cover the China economy. She is a reporter for The Journal’s finance bureau in New York, where she covers financial markets with a focus on U.S. stocks. She also reports on individual investors and the platforms they use, including Robinhood, Charles Schwab…
At the age of 17, Aristotle went to study at Plato’s Academy, where he spent 20 years, eventually developing his own system of knowledge. Clearly, he regarded knowledge as an end in itself. Being able to devote decades to study is wonderful for someone who just wants to learn, but most 17-year-olds today simply don’t…
The New York Post and Dow Jones, the parent company of The Wall Street Journal, sued Perplexity AI on Monday, claiming the artificial intelligence startup has illegally ripped off a “massive amount” of its reporting. Perplexity’s “answer engine” is accused of violating copyright laws by giving its users verbatim or near verbatim responses that came…
(Reuters) – U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce, the Wall Street Journal reported on Wednesday. The company has been separating the China unit from its global operations to reduce security risks with doing…
(Reuters) – Chinese hackers accessed the networks of U.S. broadband providers and obtained information from systems that the federal government uses for court-authorized wiretapping, the Wall Street Journal reported on Saturday. Verizon Communications, AT&T and Lumen Technologies are among the telecoms companies whose networks were breached by the recently discovered intrusion, the newspaper said, citing…
Shares of Super Micro Computer (SMCI) are rebounding in Friday’s session after initially plummeting on news of a Department of Justice probe into alleged accounting violations, as reported by The Wall Street Journal. Defiance ETFs CEO & CIO Sylvia Jablonski joins Catalysts to discuss why the stock remains attractive despite these allegations. Jablonski acknowledges the…
Super Micro Computer (NASDAQ: SMCI) stock got crushed today following a report that the company is being investigated by the Department of Justice (DoJ). The server specialist’s share price closed out the day’s trading down 12.2%, and it had been down as much as 18.6% earlier in the session. The Wall Street Journal reported today…