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Washington (CNN Business) Uber has linked the cybersecurity incident it disclosed last week to hackers affiliated with the Lapsus$ gang, a group accused of numerous high-profile corporate data breaches. The company also said the attackers were able to download or access company Slack messages and invoice-related data from an internal tool. Uber UBER In a blog post on Monday,said the attackers first gained access to the company's systems when they successfully convinced a contractor to grant a multi-factor authentication challenge. The attacker did not access user-facing systems, user accounts, databases containing personal information or the code that powers Uber's products, the company said. The blog post marks the first time Uber has publicly attributed the incident to the Lapsus$ gang, which targeted Microsoft earlier this year and is also accused of attacking Nvidia, Okta and other companies.
That means Amazon Web Services, Microsoft Azure, and Google Cloud could be poised for a merger-and-acquisition spree. As for cloud acquisitions, analysts said Amazon's cloud unit didn't often buy companies. Cybersecurity has been a greater focus for Microsoft, AWS, and Google Cloud after the hack of the IT-software company SolarWinds in 2020. In 2019, Google purchased the data-analytics company Looker for $2.6 billion in cash under Google Cloud CEO Thomas Kurian. With Kurian at the helm, bringing with him the Oracle acquisition playbook, Google Cloud may now have a bigger M&A appetite.
Humana (HUM) investor update meeting Thursday: much better than expected price targets: Full-year earnings per share $23.08, up from $20.30. Club holding Starbucks (SBUX): Deutsche Bank and Morgan Stanley raise price targets. Mizuho cuts price targets for Club holdings Nvidia (NVDA) and Advanced Micro Devices (AMD), because of a pending hypercomputing slowdown. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. A pay dispute between rail workers and unions threatens a nationwide freight rail strike as early as September 16, 2022.
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