Twitter CEO Jack Dorsey’s account hacked, racist tweets posted

Agencies
August 31, 2019

San Francisco, Aug 31: Twitter said Friday the account of chief executive Jack Dorsey had been “compromised” after a series of erratic and offensive messages were posted.

The tweets containing racial slurs and suggestions about a bomb showed up around 2000 GMT on the @jack account of the founder of the short messaging service before being deleted.

Some of the tweets contained the hashtag #ChucklingSquad which was believed to indicate the identity of the hacker group.

The messages contained racial epithets, and included a retweet of a message supporting Nazi Germany.

“We’re aware that @jack was compromised and investigating what happened,” a Twitter spokesperson said.

A barrage of comments fired off on the platform questioned why the Twitter co-founder didn’t secure his account with two-factor authentication, and how disturbing a sign it was that the service wasn’t to keep its own chief safe on the platform.

“If you can’t protect Jack, you can’t protect... jack,” one Twitter user quipped.

The news comes with Dorsey and Twitter moving aggressively to clean up offensive and inappropriate content as part of a focus on “safety.” “This might be the only way to get rid of racist tweets on this platform,” a Twitter user commented.

Twitter recently announced they would meet with Manchester United representatives regarding calls for more to be done in preventing racist abuse of footballers on social media platforms.

British-based security consultant Graham Cluley said the incident highlighted the importance of two-factor authentication, where a user must confirm the account via an external service.

“Everyone should ensure they have 2FA enabled, use unique password, and double check what apps they’ve linked to their accounts,” Cluley tweeted.

“Hard to say at moment how he was compromised, but one of those reasons most likely.” Cybersecurity researcher Kevin Beaumont said the account appeared to have been hijacked “via a third party called Cloudhopper, which Twitter acquired about 10 years ago and had access to his account.” Cloudhopper enables users to send tweets on their phones via SMS.

The incident raised fresh concerns about how social media users -- even prominent ones -- can have their accounts compromised and used for misinformation, a point highlighted by Canadian member of parliament Michelle Rempel Garner.

“Between bots, trolls and abuse, I’ve been skeptical about @Twitter as a viable platform for some time now,” Rempel Garner wrote.

“But the fact it took the platform’s owner (@jack) about 30 min to get his hacked account under control is deeply problematic, and makes me worry as an elected official.”

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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Agencies
August 3,2020

New York, Aug 3: The number of coronavirus cases confirmed all over the world has surpassed 18 million, while the global COVID-19 death toll stands at over 687,000 according to data from the Johns Hopkins University's Coronavirus Resource Center.

As of 06:00 Moscow time on Monday (03:00 GMT), there are 18,017,556 confirmed coronavirus cases in the world. The global death toll from COVID-19 stands at 687,930. The number of recovered individuals stands at 10,649,108.

The United States remains the country with the largest number of cases (4,665,932) and the highest COVID-19 death toll (154,841), according to the latest data from the Johns Hopkins University.

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News Network
May 28,2020

May 28: Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

One of the nation's biggest manufacturers will lay off 6,770 U.S. employees this week, and another 5,520 workers are taking buyout offers to leave voluntarily in the coming wee

Air travel within the U.S. tumbled 96% by mid-April, to fewer than 100,000 people on some days. It has recovered slightly. The Transportation Security Administration said it screened 264,843 people at airports on Tuesday, a drop of 89% compared with the same Tuesday a year ago.

Boeing had said it would cut 10% of a work force that numbered about 160,000. A Boeing spokesperson said Wednesday's actions represent the largest number of job cuts, but several thousand additional jobs will be eliminated in the next few months.

The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business. The defense and space division is stable and will help blunt the impact of the decline in air travel and demand for passenger jets, the company said.

Boeing said additional job cuts will be made in international locations, but it did not specify numbers.

"The COVID-19 pandemic's devastating impact on the airline industry means a deep cut in the number of commercial jets and services our customers will need over the next few years, which in turn means fewer jobs on our lines and in our offices," CEO David Calhoun said Wednesday in a memo to employees.

Calhoun said the company faces the challenges of keeping employees safe and working with suppliers and airlines "to assure the traveling public that it can fly safe from infection."

Calhoun warned that Boeing will have to adjust business plans constantly because the pandemic makes it hard to predict the impact on the company's business.

Boeing's crisis began with two crashes of its 737 Max, which led regulators around the world to ground the jetliner last year. The company's problems have deepened with the coronavirus, which has cut global air traffic by up to 90% and caused airlines to postpone or cancel orders and deliveries for new planes.

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