News Highlights: Top Company News of the Day
Website of Presumed Colonial Pipeline Attackers Is Down
The criminal group linked to a cyber attack that disrupted
gasoline delivery across parts of the southeastern U.S. this week
has told hacking associates that it is shutting down, according to
the security research firm FireEye.
Facebook Faces Ruling on EU-U.S. Data Flows
The social-media company and other tech giants are awaiting an
Irish ruling that could help determine whether, and how quickly,
they have to suspend the flow of data about European Union
residents to the U.S.
Software Industry Awaits Details on Biden's Order to Report Hacks
The obligations represent a shift for the private sector, which
has resisted such requirements for fear of financial and
reputational damage resulting from the release of sensitive
information about breaches.
Epic Games vs. Apple Trial, Week Two: Everything You Need to Know
Experts differed on whether smartphones are interchangeable with
other videogame platforms and the definition of a market in the
U.K. Launches Fraud Probe Into Greensill-Linked Steel Firm
Britain's Serious Fraud Office said it is investigating
suspected fraud and money laundering at metals magnate Sanjeev
Gupta's GFG Alliance, as well as its financing arrangements with
bankrupt lender Greensill Capital.
Irish Healthcare Service Shuts Down IT Systems After Ransomware Attack
Hospitals canceled appointments and turned to paper and pen
after the attack, which used Conti ransomware, shut down IT
Coinbase Profit Surges in Exchange's First Report as Public Company
Its first-quarter top- and bottom-line figures represent records
for the company, which was founded in 2012 and is the largest
bitcoin exchange in the U.S.
Disney Adds Fewer Streaming Subscribers Than Hoped
Walt Disney added 8.7 million Disney+ subscribers in its fiscal
second quarter, and its parks segment logged an operating loss as
the company faces an economy trying to emerge from the Covid-19
Amazon, McDonald's, Others Woo Scarce Hourly Workers
Large U.S. employers of lower-wage workers are raising pay and
adding perks, with Amazon set to add 75,000 employees and offer
signing bonuses and McDonald's boosting wages at company-owned
Airbnb Has Mo Money, Mo Problems
Returning demand appears to be creating a supply problem, and
one that is uniquely acute for Airbnb.
(END) Dow Jones Newswires
May 14, 2021 11:15 ET (15:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.