Tesla Inc. has added Airbnb Inc. co-founder Joe Gebbia to its Board of Directors with effect from Sept. 25, the company said in a statement. Tesla indicated in a regulatory filing that Gebbia is eligible to receive compensation consistent with the company’s standard outside director compensation package as previously approved by the Board. Gebbia has…
Federal Police Launch Special Ops to Protect Victims of Largest Cyber Hack in Australian History
September 30, 2022
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The Australian Federal Police will move to protect 10,000 customers whose valuable data was released online following the largest cybersecurity breach in the country’s history. “Operation Guardian” is part of a series of efforts by law enforcement, business entities, and the government to deal with the data breach of telecommunications giant Optus, which affected up to…
BlackBerry Takes a Knock as Cybersecurity Revenue Drop Clouds Automotive Demand
Canada’s BlackBerry Ltd. on Tuesday reported a fall in cybersecurity revenue for the second quarter, as customers reined in spending due to an uncertain macroeconomic environment, sending its shares down about 3 percent in extended trading. The company has also been facing tough competition from Microsoft Corp., Citrix Systems, and International Business Machines in the…
Instacart, Shipt Plan New Payment Methods for Low-Income US Shoppers
NEW YORK, NY—Grocery delivery services Instacart and Target Corp.’s Shipt said on Wednesday they will expand their payment methods for low-income U.S. shoppers in line with the White House’s efforts to ramp up healthy eating and curtail diet-related diseases. President Joe Biden on Tuesday announced plans to end hunger in the country and increase healthy…
Ukrainians Involved in Russian-Backed Referendums Face Treason Charges, Prison Term
KYIV, Ukraine—Ukrainians who help Russian-backed referendums to annex large swathes of the country will face treason charges and at least five years in jail, Ukraine’s presidential adviser said. “We have lists of names of people who have been involved in some way,” presidential adviser Mikhailo Podolyak said in an interview with Swiss newspaper Blick. “We…
Vargas, Dodgers Beat Padres 5–2 for 108th Win
SAN DIEGO—Miguel Vargas hit a tie-breaking, two-run single with the bases loaded in the sixth inning and the NL West champion Los Angeles Dodgers beat San Diego 5–2 on Thursday night to slow the Padres’ playoff push. The Dodgers added to their franchise single-season record with their 108th win. They’ve already clinched the NL’s No….
Australian Housing Minister Says No to Lifting Support Payments for Renters
Australia’s housing minister has turned down calls to raise support payments to help vulnerable tenants cope with surging rents. This came after a report by the Productivity Commission indicated that government rent assistance payments failed to keep up with the ballooning rental market. The commission suggested the federal government peg support payments to rents or frequently…
Gilead Widens Battle Against Alleged Counterfeit HIV Drug Ring
A federal judge in New York has frozen the assets of dozens of people and entities accused of operating a massive nationwide scheme to distribute counterfeit bottles of Gilead Sciences Inc. HIV drugs, including two alleged “kingpins.” Gilead, which has been pursuing alleged counterfeiters in a civil lawsuit since last year, said in a court…
Japan Signs up With Malaysia’s Petronas to Secure LNG Supplies
The Japanese government has signed an energy agreement with Malaysia’s state oil and gas firm Petronas that includes supplying liquefied natural gas (LNG) tanks in the event of an emergency. Japan’s Ministry of Economy, Trade and Industry signed a memorandum of cooperation (MoC) with Petronas at the LNG Producer-Consumer Conference in Tokyo on Thursday. The…
Buffett’s Company Buys Nearly 6 Million More Occidental Shares
OMAHA, Neb.—Warren Buffett’s company picked up another $368 million worth of Occidental Petroleum stock this week to give it control of nearly 21 percent of the oil producer. These are the first purchases Berkshire Hathaway has made since regulators gave it approval last month to buy up to 50 percent of Occidental, but since February…
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