A security report from Microsoft detailed in the Wall Street Journal on Wednesday described a cyber-espionage campaign of previously unsuspected scope conducted by Iranian hackers over the past two years. The hackers attacked over 200 companies around the world, inflicting hundreds of millions of dollars in damage. Microsoft security analysts traced the attacks to a hacking group called Holmium, also known as Advanced Persistent Threat 33 (APT33). The group became operational roughly six years ago, specializing in attacks far beyond the Middle East, unlike other known Iranian threats that primarily target neighboring countries. Cybersecurity researchers have long believed APT33 works directly for the Iranian government.As with previous cyber-espionage campaigns from APT33, the attacks chronicled by the Wall Street Journal focused on oil, gas, and construction companies, largely headquartered in the United States, Germany, the United Kingdom, India, and Saudi Arabia. The attackers stole … [Read more...] about Iranian Hackers Hit 200 Companies Worldwide, Inflict Hundreds of Millions of Dollars in Damage
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Kate Taylor, provided by Published 3:33 pm PST, Wednesday, February 20, 2019 Hollis Johnson/Business Insider PepsiCo has kicked off a round of layoffs impacting employees in multiple offices, two people who were laid off by the company told Business Insider. The company announced in a quarterly earnings call last week that it expects to incur $2.5 billion in restructuring costs through 2023, with 70% of charges linked to severance and other employee costs. Roughly $800 million of the $2.5 billion is expected to impact 2019 results. PepsiCo also recently announced plans to restructure the organization and "relentlessly" invest in automation. PepsiCo has kicked off a round of layoffs as it begins a four-year restructuring plan that is expected to cost the company hundreds of millions of dollars in severance pay. This week, PepsiCo employees in offices including Plano, Texas, and the company's headquarters in Purchase, New York, were alerted that they … [Read more...] about PepsiCo is laying off corporate employees as the company commits to millions of dollars in severance pay, restructuring, and ‘relentlessly automating’ (PEP)
Authorities in Akron, Ohio, are investigating after two thieves posing as volunteers stole thousands of dollars in toys from a local Toys for Tots collection warehouse on Monday night.Traci Higgenbottom-Williams, who has directed the Toys for Tots' Akron program for over 20 years, told WJW that the thieves, believed to be a man and a woman, signed up to help sort through donated toys and prepare them for distribution, a task normally handled by a small staff.However, instead of lending a helping hand as promised, the pair rounded up what Williams estimated to be $5,000 worth of toys and shuffled them out the warehouse's back door in clear sight of surveillance cameras.The director says she is heartbroken over the theft but still hopes to provide gifts to as many needy children as possible.“It tears me up. Because this process just doesn’t start in December," Williams told WJW. "I start in January to make sure the kids get the best. I … [Read more...] about Thieves posing as volunteers steal thousands of dollars in donated toys from Toys for Tots
caption Amazon is nearing a final decision on HQ2 — and it’s looking like New York City is going to be a winner. source REUTERS/Jason Redmond Amazon is reportedly nearing a deal to move part of its second headquarters, HQ2, to New York City, in the Long Island City neighborhood of Queens. New York City’s Long Island City pitch to Amazon promised the company 13 million square feet of real estate, a fun neighborhood, and speedy commutes. The state has also reportedly offered incentives that could include hundreds of millions of dollars in subsidies, as well as more tongue-in-cheek promises such as Gov. Andrew Cuomo changing his name to “Amazon Cuomo” and renaming a polluted creek the “Amazon River.” Amazon is reportedly nearing a deal to move part of its second headquarters to New York City, in the Long Island City neighborhood of Queens, The New York Times reported on Monday. The other part of HQ2 … [Read more...] about New York City is reportedly nearing a deal to host Amazon’s second headquarters. Here’s what New York promised the company — from millions of dollars in subsidies to Gov. Cuomo changing his name — to win Amazon over.
Hayley Peterson, provided by Published 8:03 am PDT, Monday, October 8, 2018 Facebook/LuLaRoe Patrick Winget, the head of design and production for LuLaRoe, abruptly left the $2 billion women's clothing company in mid-September. Winget's departure comes as many LuLaRoe consultants — the tens of thousands of women who sell its clothing — flee the business in droves, according to interviews with nine former consultants. Sellers who exited the business last year said they are still waiting on refund checks worth as much as $8,000 from the company. "I’m terrified [LuLaRoe] will go bankrupt before I get my refund," said an ex-consultant who claims she has been waiting since December for a check totaling more than $4,000. LuLaRoe did not respond to requests for comment on the refund claims. Winget served as the head of design and production for the multilevel-marketing company since its inception in 2013. He is widely regarded as a sort of … [Read more...] about One of LuLaRoe’s most iconic executives has suddenly left as some ex-sellers claim the company owes them thousands of dollars in refunds