Losses from crypto hacks surge 60% to nearly $2B this year

Losses from crypto hacks surge 60% to nearly $2B this year

Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. In the same period last year, stolen funds from hacking amounted to $1.2 billion. … Read more

Apple suppliers to make Watch, MacBook in Vietnam: report

Apple suppliers to make Watch, MacBook in Vietnam: report

Apple’s suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple’s Chinese supplier Luxshare Precision Industry and Taiwan-based Foxconn have started test production of Apple Watch in northern Vietnam, the report added. Apple has asked suppliers to set up a test production line in Vietnam for the MacBook, the report said, adding … Read more

Amazon workers at Albany warehouse seek to unionize

Amazon workers at Albany warehouse seek to unionize

Workers at an Amazon warehouse near Albany, NY, are seeking to unionize, the National Labor Relations Board said in a statement on Tuesday. The Amazon Labor Union — the same independent group that organized a historic union win at another warehouse on New York’s Staten Island in April — petitioned the federal labor board to hold an election at … Read more

Trump raid a ploy to boot him from 2024 elections

Trump raid a ploy to boot him from 2024 elections

Joe Rogan questioned the motive behind the FBI’s raid on former President Donald Trump’s Mar-A-Lago compound during Tuesday’s episode of his popular podcast. The FBI recovered 11 sets of classified documents from Trump’s estate, including some that were labeled top secret and meant to remain at special government facilities. During a conversation with Seth Dillon, … Read more

If you do this you’re the worst customer ever

If you do this you're the worst customer ever

What kind of drive-thru customer are you? A TikTok user has followers talking after posting a video detailing the “worst” types of drive-thru customers in her workplace — from those who yell their orders to the customers who order while yammering on the phone. TikToker Audrey Karn identified the worst customers she deals with as … Read more

Bed Bath & Beyond shares soar again, causing trading halt

Bed Bath & Beyond shares soar again, causing trading halt

Shares of Bed Bath & Beyond surged 60% to a near five-month high in volatile trading on Tuesday, as retail investors continued to drive up the highly shorted stock’s price. Bed Bath & Beyond, which has 50.7% of its public free float in short position, has triggered a short squeeze signal, according to analytics firm Ortex. A short squeeze occurs … Read more

American Airlines to buy supersonic Boom jets

American Airlines to buy supersonic Boom jets

American Airlines on Tuesday agreed to buy 20 supersonic jets that can travel at 1,300 miles per hour but are years away from hitting the friendly skies. The Texas-based airline put down a non-refundable deposit for the fleet of Boom Supersonic Overture jets and has the option to buy 40 more. The supersonic jets will … Read more