Twitter loses $1.3B in market value after massive hack - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Twitter saw $1.3 billion in market value wiped out after a massive hack targeted Barack Obama, Kim Kardashian, Elon Musk, and other prominent accounts

targeted major accounts on the platform including Barack Obama, Kim Kardashian, Bill Gates, Apple, Uber, and Elon Musk.

Shares of Twitter dropped by more than 4% in pre-market trading, erasing roughly $1.3 billion in market value. The hack was part of an apparent cryptocurrency scam — after taking over the high profile accounts, hackers repeatedly posted messages urging people to send $1,000 in Bitcoin and promising to double their profits. Some accounts were compromised for more than an hour before Twitter took control.

The hack poses a threat to Twitter's reputation rather than a risk to near-term advertising revenues, analysts told

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Funny......every network is covering Twitter and the hack of all there left of center friends....yet it is nowhere to be found on trending page? This from NYT and editor who resigned on who controls the leftist agenda.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter stock dives in pre-market after a widespread hack took control of major celebrities' accounts including Bill Gates, Elon Musk, and Warren Buffett | Currency News | Financial and Business News | Markets InsiderTwitter stock dives in pre-market after a widespread hack took control of major celebrities' accounts including Bill Gates, Elon Musk, and Warren Buffett
Source: BusinessInsider - 🏆 729. / 51 Read more »

Security experts comment on high-profile Bitcoin Twitter hack - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Didn’t they tell us to pay more attention to the security of the facilities of the system rather than the system itself in Hollywood movies? The ventilation, AC, the possibilities of an attack by accessing LiFi (wifi via LED light) or even the backup power supply of the server!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Former President Barack Obama's Twitter account hacked as part of a cryptocurrency scam - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. TheQuartering Damm Hello, Are you looking for a High Quality and Pixel perfect modern Minimalist Logo design in affordable rates? So you are at the right place. logo logodesign designlogo ineedlogodesign minimalist modernlogo instagramlogo designer graphicdesigner
Source: BusinessInsider - 🏆 729. / 51 Read more »

Joe Biden's Twitter account hacked as part of a cryptocurrency scam - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It wasn't 'hacked' the password was guessed. XaLaRa_Se_Lew Το έχει πάθει και ο Αντωναρος freeman_bros yes!!!!!!!!!!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Twitter hack: What we know about what's going on - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This mf actually wears a gold chain Is Jack’s last name Off? 🍿🍿🍿🍿🍿🍿🍿 Waiting for the juicy DMs
Source: BusinessInsider - 🏆 729. / 51 Read more »