Tag Archives: attack

Best Buy launches new attack on Amazon

Someday soon you may be able to buy groceries from Best Buy (BBY) as it looks to better compete for shoppers online with Amazon and Walmart.  But before then, Best Buy is hoping to sell you an electric bike, an electric mower or some form of beauty product.  The electronics retailer (or one-time electronics only retailer) began selling a range of electric bikes and scooters on its website on Tuesday. USA Today first reported the launch. Offerings range from a $799 Segway electric scooter to… Source link

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Support.com Surges 400% in Meme Army’s New Short-Squeeze Attack

(Bloomberg) — The social-media mob scored another direct hit, this time with a little-known software company that Wall Street started betting against. Support.com Inc. shares skyrocketed on Friday, adding to this week’s triple-digit rally as day traders touted the Los Angeles-based company, whose platform helps companies manage technical and customer support. The shares surged as much as 132%, climbing to the highest since 2004. Support.com was among the most mentioned companies in… Source link

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Melvin Struggles to Shake Reddit Attack With 46% Loss So Far

(Bloomberg) — Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions. The firm, which plunged in January as its bearish bets on companies including GameStop Corp. and AMC Entertainment Holdings Inc. were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. Melvin now calculates its loss in the first… Source link

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Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom

Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front. According to the site’s pseudonymous operator, Cobra, Bitcoin.org was hit with an “absolutely massive” distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue. Decrypt reported on Monday that attackers had demanded 0.5 bitcoin ($17,012) to have the site’s services and operations restored to… Source link

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Massive Ransomware Attack May Impact Thousands of Victims

(Bloomberg) — Just weeks after President Joe Biden implored Vladimir Putin to curb cyber crime, a notorious, Russia-linked ransomware gang has been accused of pulling off an audacious attack on the global software supply chain. REvil, the group blamed for the May 30 ransomware attack of meatpacking giant JBS SA, is believed to be behind hacks on at least 20 managed-service providers, which provide IT services to small- and medium-sized businesses. More than 1,000 businesses have already been… Source link

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Shark leaps out of water and bites parasailer in bizarre attack

A tandem parasailer hovering just above the water surface of the Red Sea sustained injuries when a shark leaped out of the water and bit his foot in a bizarre attack in the Gulf of Aqaba. The incident occurred last Friday off the Jordanian port city of Aqaba, as reported by the Daily Mail and The U.S. Sun. The 37-year-old Jordan man, who wasn’t identified, was taken to Prince Hashem Military Hospital where he underwent an operation on his right foot. He lost part of the back of his foot and… Source link

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Colonial Pipeline ransomware attack linked to a single VPN login

Last month’s oil pipeline ransomware incident that spurred fuel shortages/hoarding and a $4.4 payout to the attackers has apparently been traced back to an unused but still active VPN login. Mandiant exec Charles Carmakal told Bloomberg that their analysis of the attack found that the suspicious activity on Colonial Pipeline’s network started April 29th. While they couldn’t confirm exactly how the attackers got the login, there apparently isn’t any evidence of phishing techniques,… Source link

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73% of Republicans blame ‘left-wing protesters’ for Jan. 6 attack. Just 23% blame Trump.

As a Senate showdown looms over the creation of an independent, 9/11-style commission to investigate the Jan. 6 Capitol siege, a new Yahoo News/YouGov poll reveals just how partisan and polarized public perceptions of the attack have become — and how those perceptions are shaping the clash in Congress. The survey of 1,588 U.S. adults, which was conducted from May 24 to May 26, found that less than half of Republicans (41 percent) say supporters of then-President Donald Trump who gathered on… Source link

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Apple Accuses Microsoft of Using Epic in Legal Attack

(Bloomberg) — Apple Inc. injected a new level of intrigue in its bitter court fight with Epic Games Inc., suggesting the Fortnite maker was acting as a stalking horse for Microsoft Corp. and withholding evidence. The iPhone maker made the accusations Wednesday night in a filing asking a judge to make an adverse credibility finding against Lori Wright, an Xbox executive who testified in the trial on behalf of Epic. That would mean the judge could ignore her testimony. Apple asked for such a… Source link

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Sterling Brown left bloodied after strip club attack: Report

Reported details have emerged painting a bloody scene outside a Miami strip club that left Houston Rockets guard Sterling Brown hospitalized early Monday. The Houston Rockets released a statement Monday that Brown “was the victim of an assault” and “suffered facial lacerations but will make a full recovery.” Few other details of the incident were reported at the time. The Athletic’s Shams Charania and Kelly Iko published a story on Thursday citing sources close to Brown who were worried for… Source link

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