Tuesday, 8 December 2020

U.S. cybersecurity firm FireEye discloses breach, theft of hacking tools

U.S. cybersecurity firm FireEye discloses breach, theft of hacking tools

FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that it has been hacked, likely by a government, leading to the theft of an arsenal of internal hacking tools typically reserved to privately test the cyber defenses of its clients.

Exclusive: Fitch says upgrades of major economies unlikely in 2021 despite COVID-19 vaccine

Fitch Ratings told Reuters on Tuesday that upgrades of any major economy are unlikely in 2021 despite recent developments related to COVID-19 vaccination, and that countries in Latin America, the Middle East and Africa show the highest level of vulnerability to further negative action in the coming year.

Joby Aviation takes over Uber's air taxi business, Elevate

(Reuters) -Joby Aviation, an electric passenger aircraft developer, said on Tuesday it would take over Uber Technologies Inc's flying taxi unit, the second cash-burning business the ride-hailing company sold off in two days.

Canadian police officer regrets not investigating passcodes conversation on day of Huawei CFO's arrest

A Canadian police officer acting as the airport liaison when Huawei Chief Financial Officer Meng Wanzhou was arrested two years ago testified on Tuesday that he should have investigated further when he thought he overheard a fellow police officer and a border agent discussing the passcodes to Meng's devices.

GameStop's revenue misses as store closures, digital competition bite

(Reuters) -Videogame retailer GameStop Corp missed Wall Street estimates for quarterly revenue on Tuesday as pandemic-led store closures and intense competition from digital-game sellers hit sales.

Wall Street closes higher on vaccine lift; S&P 500, Nasdaq at records

U.S. stocks closed higher on Tuesday, with the S&P and Nasdaq setting record highs, in part due to a boost from the healthcare sector on positive COVID-19 vaccine news, while uncertainty over fresh fiscal stimulus held gains in check.

FTC sues to stop Procter & Gamble from buying rival women's razor maker Billie

The U.S. Federal Trade Commission filed a complaint on Tuesday aimed at stopping Procter & Gamble Co from buying Billie, Inc, which sells women's razors and other body care products.

Tesla's Musk relocates to Texas from California; compares himself to war general

(Reuters) -Silicon Valley billionaire Elon Musk said on Tuesday he had relocated to Texas from California as he wants to focus more on the new Tesla Inc plant and his SpaceX venture.

Flyers group challenges FAA approval of Boeing 737 MAX

A flyers advocacy group has challenged the Federal Aviation Administration's (FAA) decision to lift the March 2019 order grounding the Boeing 737 MAX airliner after two fatal crashes in five months that killed 346 people.

JetBlue halts pay raises, other costs to avoid furloughs through Sept

JetBlue Airways unveiled a series of cost saving measures on Tuesday, including halting pay raises and paid parental leave, in a move it said would avoid furloughs through at least Sept. 30 as it continues to battle the pandemic.

Related Videos

Breakingviews TV: Changin' times

Pfizer vaccine data wins backing of U.S. FDA

2020ibmSec_Artboard_1reutersAd.jpg
Sponsored by IBM: Risk Quantification

Explore how putting security risk in financial terms helps your executives make decisions, connecting security risk management with business strategy.

LEARN HOW TO QUANTIFY RISK