DIRS.INFO The most relevant business & tech news

☆ Nike's trying to pivot. It's not working just yet.
▼ + stars: | 2024-07-09 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Nike's "performance" segment, meanwhile, includes many of its core sports products, such as basketball shoes. AdvertisementWhile revenue from performance products grew in Q4, declines in its lifestyle business overshadowed them, contributing to the worse-than-expected results. In its last fiscal year, lifestyle products have grown to about 60% of Nike's business, UBS analyst Jay Sole estimates. "One of our big takeaways from Nike's 4Q report is its lifestyle business needs a major reset," Sole said. That could help drive performance sales — especially those through Nike's digital business, a major pain point at the moment for the company.

Persons: —, Tom Peddie, Peddie, hasn't, Matthew Friend, Friend, John Donahue, Phil Knight, Donahue, Jay Sole, Jefferies, Randal Konik, Simeon Siegel, we're Organizations: Service, Business, Nike, Bloomberg, Reuters, UBS, Nike's, Street, BMO Locations: China, Portland, Nike's

☆ Nike is struggling to get its stride back
▼ + stars: | 2024-06-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

One answer rests in what the company calls its "lifestyle" business — basically, shoes and clothing meant for casual wear. Related storiesWhile revenue from performance products grew in Q4, declines in its lifestyle business overshadowed them, contributing to the worse-than-expected results. AdvertisementIn its last fiscal year, lifestyle products have grown to about 60% of Nike's business, UBS analyst Jay Sole estimates. "One of our big takeaways from Nike's 4Q report is its lifestyle business needs a major reset," Sole said. While CFO Friend said management is "confident that we are repositioning Nike to be more competitive," investors have yet to be convinced.

Persons: —, Matthew Friend, Friend, John Donahue, Jay Sole, Donahue, Jefferies, Randal Konik, Simeon Siegel, we're Organizations: Service, Business, Nike, Reuters, UBS, Nike's, Street, BMO Locations: China, Portland, Nike's

☆ Turkey expecting 60 million visitors this year, Pegasus Airlines says
▼ + stars: | 2024-06-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTurkey expecting 60 million visitors this year, Pegasus Airlines saysMehmet Nane of Turkey-based Pegasus Airlines discusses the company's outlook for 2024.

Persons: Mehmet Nane Organizations: Turkey, Pegasus Airlines Locations: Turkey

☆ She flew a record-breaking US flight – but it was kept secret for years
▼ + stars: | 2024-05-16 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +13 min

There were no women flying, there were no female airline pilots. A historic moment, kept secretRippelmeyer and Captain Emilie Jones before a flight with Air Illinois, where they became the first all-female crew of a scheduled flight in the United States. So that’s what we did.”It was December 30, 1977, and that was the first scheduled flight in the United States with an all-female crew – but it was kept a secret. At least, “since nobody died,” Lippenmeyer says, the two were no longer intentionally kept apart and flew together many more times. “My first 747 flight was to London and then my last 787 flight was to London,” she says.

Persons: CNN — Lynn Rippelmeyer’s, “, ”, Rippelmeyer, Bonnie Tiburzi, Emily Warner, Frontier –, Emilie Jones, Lynn Rippelmeyer Rippelmeyer’s, — Emilie, ” Rippelmeyer, ” Lippenmeyer, Lynn Rippelmeyer, Ozark Air Lines —, Carl Hirschberg, we’d, that’s, doesn’t, ” “, I’m, furloughed, wasn’t, didn’t, ” – Organizations: CNN, TWA, Boeing, Piper, American Airlines, Frontier, Air Illinois, Air, Airlines, Ozark Air Lines, World Airlines, TWA –, People Express, People, London Gatwick, Continental, Central America, United Airlines, Continental Airlines, Aviation Locations: Mississippi, Vermont, United States, Miami, Air Illinois, Air, JFK, ”, Newark, London, Polynesia, California, Texas, Houston, Tegucigalpa, Honduras, Central

☆ How I found support in my journey through grief
▼ + stars: | 2024-05-07 | by ( Emily Halnon | Personal Essay | ) edition.cnn.com time to read: +9 min

Editor’s note: Runner and writer Emily Halnon’s new book, “To the Gorge: Running, Grief, and Resilience & 460 Miles on the Pacific Crest Trail,” was released on May 7. CNN —When my mom died, I spent a lot of time trying to stuff away my grief. My mother felt the weight of cancer, but she insisted on continuing to live in her wholehearted way. I was worried the Pacific Crest Trail run would be too much. But as I kept training, I discovered that running was one of the best places to process my grief.

Persons: Emily Halnon’s, “, Miles, ”, I’d, didn’t, She’d, that’d, you’ll Organizations: CNN, Pegasus Locations: Eugene , Oregon, Oregon, Vermont, Eugene, Salt Lake City, Willamette, Griefville

☆ Microsoft turns to the Middle East for its latest bet on AI
▼ + stars: | 2024-04-16 | by ( Mark Thompson | Tom Foster | ) edition.cnn.com time to read: +2 min

London CNN —Microsoft will invest $1.5 billion in Abu Dhabi’s G42, an artificial intelligence group that has faced questions over its ties to China. The companies will collaborate on AI and digital infrastructure, in a move that sees Microsoft’s AI empire expand into the Middle East for the first time. G42 and Microsoft say they have committed to comply with US and international trade rules as part of their partnership. Microsoft has forged high-profile partnerships with several AI companies, in an attempt to position itself as a leader in the technology. “It’s all about this new AI era,” Smith told CNN in February.

Persons: Peng Xiao, —, Xiao, Brad Smith, ”, OpenAI, “, ” Smith Organizations: London CNN, Microsoft, Abu, Pegasus, New York Times, CNN, Mistral Locations: Abu Dhabi’s, China, Chinese, Beijing, UAE, United States, Europe, Spain, Germany

☆ Why Nike wants to make Air Force 1 sneakers harder to find
▼ + stars: | 2024-03-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —Nike Air Force 1 and Nike Pegasus sneakers are everywhere. The Air Force 1 and Pegasus are staples of Nike’s sneaker lineup, and some of Nike’s oldest sneaker lines. The Air Force 1’s are known for their all-white design, while the Pegasus have large Nike swooshes on their mid-sole. “We are pulling back supply of classics such as the Air Force 1, and we’re reducing supply of Pegasus.”Nike’s moves could also make it harder for consumers to find traditional white Air Force 1 sneakers and Pegasus versions at shoe stores. Sneaker collectors focus on limited-edition and special collaboration lines — not mass market lines like Air Force 1, he said.

Persons: Matthew Friend, “, ”, Christopher Burns, Burns, Nike, Randal Konik, Joe Biden, Locker Organizations: New, New York CNN, Nike Air Force, Nike Pegasus, Nike, Air Force, Pegasus, Arch USA, Jefferies, Consumer, White, Dick’s Sporting Goods Locations: New York, French

☆ It might be harder to buy your favorite pair of classic Nikes this year
▼ + stars: | 2024-03-22 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +2 min

The sports apparel brand will instead focus on the Air Max Dn and a new running shoe. The changes come after analysts called Nike's shoe lineup "stale" last year. The Air lineup — a "double-digit billion dollar business," per Donahue — includes shoes that will be worn by athletes competing at this summer's Paris Olympics. AdvertisementDonahue was wearing the new Air Max Dns during the earnings call. Nike is also working on a next-generation version of the running shoe Pegasus, the Pegasus 41, that is slated to be released later this spring.

Persons: Air Max Dn, —, John Donahoe, Dn, Donahue Organizations: Nike, Air Force, Pegasus, Air, Service, Adidas, Footwear Locations: Paris, Europe, China, New York

☆ Pegasus Airlines CEO: We're 'very confident' in Boeing's 737-800s
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPegasus Airlines CEO: We're 'very confident' in Boeing's 737-800sGuliz Ozturk, CEO of Pegasus Airlines, discusses the company's financial results and its Boeing aircraft.

Persons: We're Organizations: Pegasus Airlines, Boeing

☆ Top Wall Street analysts prefer these three stocks for the long haul
▼ + stars: | 2024-03-17 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

With that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Earlier this month, Guggenheim analyst Robert Drbul reiterated a buy rating on Nike stock with a price target of $130, adding it as a "best idea." Drbul also expects the Nike brand to be highly visible at the upcoming 2024 Summer Olympics. Drbul holds the 565th position among more than 8,700 analysts tracked by TipRanks. (See Nike Stock Buybacks on TipRanks)BJ's Wholesale Club

Persons: Rafael Henrique, Gregg Moskowitz, SIEM, Moskowitz, CrowdStrike, TipRanks, Robert Drbul, Drbul, Jordan Organizations: CrowdStrike Holdings, Inc, Getty, Flow, Falcon Cloud Security, Nike, Pegasus, BJ's Wholesale Locations: 2H24, North America

☆ US welcomes new governments in fight against spyware as it finds more American personnel have been targeted
▼ + stars: | 2024-03-17 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +6 min

A year ago, the Biden administration put the tally of US government personnel either suspected of or confirmed to have been targeted by spyware at 50. The market for commercial spyware has exploded over the last decade as companies from Israel to North Macedonia have hawked their services and many governments have been willing buyers. Poland’s prime minister has claimed the previous government used spyware on a long list of victims. The Biden administration’s review “did not identify widespread use” in the federal government of commercial spyware, the official said in a rare interview on the subject. Spyware companies often hide behind opaque corporate structures and companies to stay in business, according to US officials and researchers who track those companies.

Persons: CNN —, Biden, “ Organizations: CNN, US National Security Council, NSC, US Treasury Department, Summit for Democracy, State Department, NSO Group, FBI, Pegasus, White Locations: Israel, North Macedonia, Poland, Ireland, Finland, Germany, Japan, South Korea, Seoul, ”, Africa, —

☆ Biden administration sanctions makers of commercial spyware used to surveil US
▼ + stars: | 2024-03-05 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

Bad actors have used commercial spyware to target at least 50 US government officials, the Biden administration said last year as it unveiled an executive order banning federal agencies from using the technology. In 2021, the US government said NSO Group’s spyware had been used against roughly a dozen State Department employees serving in Africa. The US government has sought to build international support for curbing the use of commercial spyware, and last month, it announced visa restrictions for anyone seeking to enter the United States who has been involved in the commercial spyware industry. The use of commercial spyware “has been linked to arbitrary detentions, forced disappearances, and extrajudicial killings in the most egregious of cases,” the State Department said at the time. On Tuesday, the Biden administration vowed to watch closely for signs that Intellexa may seek to circumvent the sanctions.

Persons: Washington CNN —, ”, Tal Jonathan Dilian, Sara Aleksandra Fayssal Hamou, Côte, Biden, Oregon Democratic Sen, Ron Wyden Organizations: Washington CNN, Biden, Treasury Department, Intellexa Consortium, US, Google, Pegasus, Intellexa, Amnesty International, State Department, Commerce Department, Oregon Democratic Locations: Egypt, Armenia, Greece, Madagascar, Côte d’Ivoire, Serbia, Spain, Indonesia, Africa, States

☆ Poland Starts Probe Into Allegations of Illegal Phone-Hacking
▼ + stars: | 2024-02-19 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +3 min

"Our work in the investigative commission will cause not only an earthquake, but also a tsunami." PiS say the changes are a political witchhunt and that it always acted legally. I'm sure that every surveillance conducted by secret services was accepted and ordered by court," former Deputy Justice Minister Sebastian Kaleta said. However, Polish media have recently reported that the spyware may have also been used against PiS politicians, news that if proved true could strain lawmakers loyalties. "It seems to me that this may be, unfortunately, a trial by fire that (PiS) won't necessarily pass," said Anna Materska-Sosnowska, a political scientist at Warsaw University.

Persons: Witold Zembaczynski, Jacek Karnowski, Sebastian Kaleta, Anna Materska, Jaroslaw, Kaczynski, Alan Charlish, Pawel Florkiewicz, Anna Wlodarczak, William Maclean Organizations: Monday, Pegasus, Civic Coalition, Associated Press, Warsaw University Locations: WARSAW, Israel

☆ Chinese tech startups quietly stop testing driverless cars on Californian roads
▼ + stars: | 2024-02-14 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

Read previewChina’s leading ride-hailing firm has dropped out of a program that allows it to test self-driving vehicles on Californian public roads. Ride-hailing giant Didi has withdrawn from California’s autonomous vehicle testing program, according to the California Department of Motor Vehicles, as several rival Chinese firms also scaled back their self-driving operations in the state. Future Publishing/Getty imagesDidi is not the only Chinese company that appears to be scaling back autonomous vehicle testing in California, or pulling out entirely. That's a significant decline from the previous year, when Chinese autonomous vehicle companies conducted over 450,000 miles of testing. AdvertisementHe said that public backlash toward autonomous vehicles in cities like San Francisco had increased the risks of negative PR for companies testing the technology on public roads.

Persons: —, Didi, WeRide, AutoX —, That's, Sesame, Bob Latta, Cruise, that's, ” John Helveston, ” Helveston Organizations: Service, California Department of Motor Vehicles, Business, DMV, Baidu, Future Publishing, Pegasus Technology, NBC, Republican, Anadolu, Getty, George Washington University Locations: California, Shanghai, China, Jiaxing, San Francisco

☆ A tiny investment firm claims Boeing 'hoodwinked' it into buying a failing supplier — more than a year after Boeing claimed it was 'held hostage' over the same deal
▼ + stars: | 2024-02-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Ten Oaks Management accused Boeing of "conning" it into buying a failing supplier, in a counterclaim. But when it assumed control of Astech, Boeing alleges it was "held hostage" by the family office and subject to a "bait and switch." AdvertisementHowever, Ten Oaks hit back with a counterclaim last Friday, saying it was duped into buying Astech by Boeing. The complaint says Boeing's contract with Astech was "lopsided" and leading it into bankruptcy because the pricing didn't even cover manufacturing costs. Another Boeing supplier, Spirit AeroSystems, is also facing scrutiny because it builds the Max 9 fuselage.

Persons: —, Astech, Max, Mike Whitaker Organizations: Oaks Management, Boeing, Service, Business, Ten Oaks Management, KC, Court, Ten Oaks, Ten, Boeing KC, US Air Force Ten Oaks, Alaska Airlines, National Transportation Safety, Federal Aviation Administration Locations: Carolina, Delaware, Astech

WASHINGTON (AP) — The Biden administration announced Monday it is rolling out a new policy that will allow it to impose visa restrictions on foreign individuals involved in the misuse of commercial spyware. The visa restrictions could also apply to people who facilitate or get financial benefit from the misuse of commercial spyware, officials said. “The misuse of commercial spyware threatens privacy and freedoms of expression, peaceful assembly, and association. The U.S. has already placed export limits on NSO Group, restricting the company’s access to U.S. components and technology. The hacking with spyware made by Israel’s NSO Group occurred from 2019 until last September, according to Access Now.

Persons: —, who’ve, Antony Blinken, ” Biden, Jordan’s, Jamal Khashoggi’s, Hatice Cengiz, Frank Bajak Organizations: WASHINGTON, Biden, U.S, White, Officials, Pegasus, Israel’s NSO, Group, Amnesty, Washington Post Locations: United States, U.S, Jordan, Saudi, Istanbul, ___, Boston

☆ Some tianeptine products recalled as CDC links drug to ‘cluster of severe illness’
▼ + stars: | 2024-02-01 | by ( Amanda Musa | ) edition.cnn.com time to read: +4 min

Neptune Resources, which makes some tianeptine products, has issued a nationwide recall, according to an announcement posted this week. Products that contain tianeptine are sold under several brand names, including Pegasus and Zaza, the CDC says. The FDA has issued a warning urging consumers not to purchase or use tianeptine products due to serious risks including seizures, loss of consciousness and death. In recent years, at least two deaths related to tianeptine products marketed as dietary supplements have been reported to the FDA, data shows. Nine people said they had used tianeptine previously; six ingested tianeptine along with other substances, including alprazolam, kratom, tramadol, trazodone and gabapentin.

Persons: ”, Zaza, Dr, Sanjay Gupta Organizations: CNN, Centers for Disease Control, Neptune Resources, Resources, Food and Drug Administration, FDA, Pegasus, CDC, Neptune, Jersey Poison Control, CNN Health Locations: Neptune, Europe, Asia, Latin America, United States, Jersey

☆ The man who shadowed King Charles for a year describes what life for the royal is really like
▼ + stars: | 2024-02-01 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +8 min

The British journalist shadowed King Charles for the BBC documentary, "Charles III: The Coronation Year." (In the US, it's retitled "The Making of a King: King Charles III and the Modern Monarchy.") Prince Charles, Prince Andrew, and Princess Anne ended their respective marriages, and the royal family's largest residence, Windsor Castle, was severely damaged in a fire. King Charles III and Queen Camilla stand on the Buckingham Palace balcony during the Coronation of King Charles III and Queen Camilla on May 6, 2023. King Charles (Dominic West) and Camilla Parker-Bowles (Olivia Williams) in "The Crown" season six.

Persons: —, King Charles, Hardman, Charles, That's, Charles III, Princess Anne, Queen Camilla's, Annabel Elliott, it's, King Charles III, Hardman didn't, Sarah, Duchess, York, Princess Beatrice, Princess Eugenie, Tim Graham, Queen Elizabeth II, . Prince Charles , Prince Andrew, Queen Elizabeth's, Queen Camilla, Brandon Bell, Prince, Wales, Duke of Rothesay, King Charles III —, Queen, King Charles and Prince William, Chris Jackson, REUTERS Hardman, Charles wouldn't, Dominic West, Camilla Parker, Bowles, Olivia Williams, Netflix Hardman, Camilla, he's, Robert Hardman, Queen Elizabeth, Prince Harry, Meghan, Princess Lilibet, Duke, Duchess of Sussex, Prince William, RICHARD POHLE, Omid Scobie, Duchess of, Scobie, Gyles, Elizabeth, Brandreth, they've Organizations: Service, Netflix, Business, BBC, New, Daily Telegraph, Getty, Getty Images, REUTERS, Royal Archives, Abbey, Scobie, Pegasus Locations: British, London, Swiss, York, Klosters, Windsor, Balmoral, Buckingham, Scotland, St James's, propping, Duchess of Sussex

☆ Catalan Leader Denies Spy Agency Claim He Led Separatist Protest Group
▼ + stars: | 2024-01-26 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Joan FausBARCELONA (Reuters) - Catalonia's regional leader on Friday denied allegations by Spain's spy agency CNI that he had secretly led a radical separatist protest group, which he said CNI had used as a pretext to snoop on him. Pere Aragones told reporters he had received on Thursday some heavily redacted declassified CNI documents related to the alleged espionage he had been subject to, and he called for those responsible to be held accountable. Asked about the documents, Spain's Justice Minister Felix Bolanos reiterated that the government did not know about nor authorise the alleged spying. "(The documents) make this affirmation that is obviously out of touch with any minimum sense of reality," Aragones told reporters, adding that the documents provided no explanation for such suspicions. Aragones said the documents were full of falsehoods and their aim was to destroy the legitimate political project of Catalan independence from Spain.

Persons: Joan Faus BARCELONA, Spain's, CNI, snoop, Pere Aragones, Felix Bolanos, Aragones, Paz Esteban, Esteban, Joan Faus, Andrei Khalip, Hugh Lawson Organizations: Citizen, Pegasus, Spain's Locations: Canada, Spain, Barcelona

A padlock is seen in front of the word 'spyware' and binary code in this illustration taken May 4, 2022. Analysis of the journalist's phone showed an infiltration attempt on Aug. 23, OCCRP's co-founder Drew Sullivan told Reuters. Sullivan said an internal forensic investigation tied the intrusion effort against Mangnale's phone to Israeli firm NSO's Pegasus hacking tool. The spyware allows hackers sweeping access to the targets' smartphones, allowing them to record calls, intercept messages and transform the phones into portable listening devices. The Indian government has denied such allegations and last week Information Technology Minister Ashwini Vaishnaw said that the government was investigating the complaints of phone hacking.

Persons: Dado Ruvic, OCCRP's, Drew Sullivan, Anand Mangnale, Sullivan, wasn't, Rocky Cole, Ashwini Vaishnaw, New Delhi didn't, Zeba Siddiqui, Raphael Satter, Munsif, Rod Nickel Organizations: REUTERS, FRANCISCO, NSO Group, Reuters, Apple, Pegasus, NSO, Technology, Indian Embassy, Thomson Locations: WASHINGTON, Indian, India, Delhi, Washington, New Delhi, BENGALURU

☆ India probing iPhone hacking complaints by opposition politicians - minister
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +2 min

Rahul Gandhi, a senior leader of India's main opposition Congress party, addresses the media in New Delhi, India, August 11, 2023. REUTERS/Altaf Hussain Acquire Licensing RightsNEW DELHI, Nov 2 (Reuters) - India's cyber security agency is investigating complaints of mobile phone hacking by senior opposition politicians who reported receiving warning messages from Apple (AAPL.O), Information Technology Minister Ashwani Vaishnaw said. A senior minister from Modi's government also said he had received the same notification on his phone. Apple said it did not attribute the threat notifications to "any specific state-sponsored attacker", adding that "it's possible that some Apple threat notifications may be false alarms, or that some attacks are not detected". The government has declined to reply to questions about whether India or any of its state agencies had purchased Pegasus spyware for surveillance.

Persons: Rahul Gandhi, India's, Altaf Hussain, Ashwani Vaishnaw, Vaishnaw, Narendra Modi's, Apple, Gandhi, Rupam Jain, Munsif, Miral Organizations: REUTERS, Apple, Information Technology, Indian Express, Reuters, Pegasus, Thomson Locations: New Delhi, India, DELHI

☆ India Probing IPhone Hacking Complaints by Opposition Politicians - Minister
▼ + stars: | 2023-11-02 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

NEW DELHI (Reuters) - India's cyber security agency is investigating complaints of mobile phone hacking by senior opposition politicians who reported receiving warning messages from Apple, Information Technology Minister Ashwani Vaishnaw said. A senior minister from Modi's government also said he had received the same notification on his phone. Apple said it did not attribute the threat notifications to "any specific state-sponsored attacker", adding that "it's possible that some Apple threat notifications may be false alarms, or that some attacks are not detected". In 2021, India was rocked by reports that the government had used Israeli-made Pegasus spyware to snoop on scores of journalists, activists and politicians, including Gandhi. The government has declined to reply to questions about whether India or any of its state agencies had purchased Pegasus spyware for surveillance.

Persons: Ashwani Vaishnaw, Vaishnaw, Rahul Gandhi, Narendra Modi's, Apple, Gandhi, Rupam Jain, Munsif, Miral Fahmy Organizations: Apple, Information Technology, Indian Express, Reuters, Pegasus Locations: DELHI, New Delhi, India

☆ India opposition accuses govt of trying to hack lawmakers' iPhones
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

Rahul Gandhi, a senior leader of India's main opposition Congress party, gestures as he addresses the media at Congress' headquarters in New Delhi, India, October 9, 2023. REUTERS/Anushree Fadnavis/File Photo Acquire Licensing RightsNEW DELHI Oct 31 (Reuters) - Indian opposition leader Rahul Gandhi on Tuesday accused Prime Minister Narendra Modi's government of trying to hack into senior opposition politicians' mobile phones, after they reported receiving warning messages from Apple (AAPL.O). "Hack us all you want," Gandhi told a news conference in New Delhi, in reference to Modi. In 2021, India was rocked by reports that the government had used Israeli-made Pegasus spyware to snoop on scores of journalists, activists and politicians, including Gandhi. The government has declined to reply to questions whether India or any of its state agencies had purchased Pegasus spyware for surveillance.

Persons: Rahul Gandhi, India's, Anushree, Narendra Modi's, Apple, Gandhi, Modi, Ashwini Vaishnaw, Jairam Ramesh, Shivam Patel, Rupam, John Stonestreet Organizations: Congress, REUTERS, Apple, Information Technology, Pegasus, Thomson Locations: New Delhi, India, DELHI

☆ Boeing assessing Lockbit hacking gang threat of sensitive data leak
▼ + stars: | 2023-10-27 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +2 min

The hacking group posted a countdown clock on its data leak website with a message saying, "Sensitive data was exfiltrated and ready to be published if Boeing do not contact within the deadline!" "For now we will not send lists or samples to protect the company BUT we will not keep it like that until the deadline," the hacking group said. The hacking group typically deploys ransomware on a victim organization's system to lock it up and also steals sensitive data for extortion. Lockbit was the most active global ransomware group last year based on the number of victims it claimed on its data leak blog, according to the U.S. Cybersecurity and Infrastructure Security Agency (CISA). The hacking gang also did not immediately respond to a request for comment sent on an address it mentioned on its data leak site.

Persons: Lindsey Wasson, Lockbit, CISA, Zeba Siddiqui, Leslie Adler Organizations: Boeing KC, Pegasus, U.S . Air Force, REUTERS, Rights, Boeing, Boeing Co, Cybersecurity, Infrastructure Security Agency, Thomson Locations: Everett , Washington , U.S, ”, San Francisco

☆ Boeing struggles to steer defense unit in another year of losses
▼ + stars: | 2023-10-27 | by ( Valerie Insinna | ) www.reuters.com time to read: +5 min

The Boeing KC-46 Pegasus aerial refueling tanker is seen before a delivery celebration to the U.S. Air Force in Everett, Washington, U.S., January 24, 2019. Despite absorbing $4.4 billion in losses in 2022 – which executives said would lower the risk of future cost overruns – the unit has seen little improvement this year. Excluding last year, losses on Boeing's defense programs in 2023 exceed those from all years since 2014, according to a Reuters review of Boeing’s regulatory filings. The latest charge for Air Force One brought total losses to $2.4 billion on a $3.9 billion contract to develop two planes. A better bet, and one Boeing's defense segment is aggressively pursuing, is inking future contracts for next-generation fighter jets and cutting-edge drones.

Persons: Lindsey Wasson, Lockheed Martin, Brian West, Byron Callan, ”, Seth Seifman, JP Morgan, “, NASA's, West, there's “, Richard Aboulafia, ” Aboulafia, Valerie Insinna, Rod Nickel Organizations: Boeing KC, Pegasus, U.S . Air Force, REUTERS, Rights, Air Force, Boeing, Lockheed, General Dynamics, Capital Alpha Partners, U.S . Defense Department, NASA, BDS, Boeing Defense Space, U.S . Air Force's KC, KC, Thomson Locations: Everett , Washington , U.S, Ukraine

Search resuls for: "Pegasus"

25 mentions found