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Lily Chang

2980 Posts
The mistake that led to the arrest of Russian cybercriminal Vladislav Klyushin

The mistake that led to the arrest of Russian cybercriminal Vladislav Klyushin

Vladislav Klyushin, through his seemingly legitimate cybersecurity firm M-13 in Moscow, secretly amassed more than $93 million over three years by illicitly acquiring corporate earnings information before it was publicly disclosed and using it to trade stocks. His targets included major American companies such as Skechers, Snapchat, and Roku. Although the FBI and U.S. prosecutors had gathered substantial evidence against him, Klyushin, a Russian citizen residing in Russia, appeared untouchable because of the unlikelihood of extradition by Russian authorities. An undated image of Vladislav Klyushin, linked to a U.S. Department of Justice investigation, depicts him as a tech mogul with…
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Tim Walz may accept vice presidential nomination at Chicago Democratic Convention

Tim Walz may accept vice presidential nomination at Chicago Democratic Convention

Chicago/Washington — Tim Walz, Kamala Harris’s pick for vice president, will formally receive his nomination at the 2024 Democratic National Convention in Chicago later today, amid a tense and decisive phase of the election season. As governor of Minnesota, Walz, who is also a military veteran and a labor union supporter, has been instrumental in pushing a progressive agenda in his state. That includes broad abortion rights and significant support for family assistance programs. On the third night of the convention, an event that will also feature a speech by former President Bill Clinton, Walz will officially take the stage.…
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Google’s 0 million initiative to strengthen California newsrooms

Google’s $250 million initiative to strengthen California newsrooms

In a game-changing move, on August 21, 2024, Google, along with a major news industry group and several key California lawmakers, unveiled a collaborative five-year plan. The initiative, set to inject up to $250 million into the state’s journalism sector, aims to address the financial strain newsrooms face as readers migrate digitally. The funding mix includes contributions from Google, state taxpayers and potentially other private sources. The strategic partnership is designed to circumvent a proposed state law that would require tech giants to compensate news outlets for the use of their content in ads on these platforms. Gov. Gavin Newsom…
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Key stock market movements in after-hours trading: highlights from Cava, Uber, Ross Stores, Workday and more

Key stock market movements in after-hours trading: highlights from Cava, Uber, Ross Stores, Workday and more

Explore noteworthy changes in the stock market after the close of trading: Cava Group — The fast-casual restaurant chain saw its stock price rise nearly 6% after hours as its earnings beat projections. Cava’s earnings came in at 17 cents a share, beating LSEG forecasts by 4 cents, with revenue also beating expectations. Uber — Shares of the ride-sharing giant fell about 3% after announcing a long-term partnership with General Motors’ Cruise for autonomous vehicle services. The partnership aims to introduce driverless ride options to Uber’s service offerings by next year. Meanwhile, General Motors enjoyed a slight boost, with its…
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