Sunday, July 25

Cybersecurity

China, Cybersecurity, Didi, full truck alliance, IPO, Markets, MI Exclusive

Didi has fallen a stunning 52% since its US IPO as China’s crackdown pummels the ride-hail giant

FILE PHOTO: The logo of Didi Chuxing is seen at a Didi station in Beijing Reuters Didi is vying for China's worst US IPO this year as its stock has lost more than half its value. Not long ago, Didi was eyeing a $70 billion. Less than a month from its debut, it is now worth less than $40 billion. Didi has been spared the title of worst IPO this year by RLX Technology, a vaping company that has fallen 78%. See more stories on Insider's business page. Didi is vying for China's worst US IPO this year as the besieged ride hailing company's stock has lost more than half its value.Compared to the market open price on the day of its IPO, Didi has crashed as much as 52.1% on Friday. The company's IPO listing price was $14, but the stock opened at $16.65 on its first day of trading. It no...
Cybersecurity, Florida, Hacker Attack, RansomWare, Ransomware attack, REvil, Tech Insider

Businesses around the world left reeling following a ransomware attack on Florida-based IT firm

A ransomware attack at Florida-based IT firm Kaseya left businesses around the world scrambling. Cybersecurity experts say the Russian-linked REvil ransomware gang appears to be behind the attack. The REvil ransomware gang was blamed by the FBI for paralyzing meat packer JBS last month. See more stories on Insider's business page. Businesses around the world rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holida...
Alexei Navalny, Chris Christie, Cybersecurity, Geneva summit, Politics, President Joe Biden, Russia, Ukraine Conflict, Vladimir Putin

Chris Christie says’not much was accomplished’ during Biden’s trip to Europe, but’no damage was done’

Chris Christie says that "not much was accomplished, but no damage was done" during Biden's trip. The G-7, NATO, and Geneva summits were Biden's first international meetings since taking office. While in Geneva, Biden had a long-awaited meeting with Russian President Vladimir Putin. Sign up for the 10 Things in Politics daily newsletter. Former GOP Gov. Chris Christie of New Jersey on Sunday said that "not much was accomplished, but no damage was done" during President Joe Biden's meeting with Russian President Vladimir Putin last week.During an appearance on ABC's "This Week with George Stephanopoulos," Christie said Biden didn't ...