Jeff Bezos's Next Trillion Dollar Bet Exposed

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Shanghai Suffers Another Data Hack Bearing A Connect With Alibaba

Anusuya Lahiri
August 12, 2022
  • A hacker offered to sell the personal information of 48.5 million users of a COVID health code mobile app run by Shanghai city for $4,000, Reuters reports.
  • It marks the second claim of a breach of the Chinese financial hub's data in just over a month.
  • Suishenma is the Chinese name for Shanghai's health code system, which China established in early 2020 to combat the spread of COVID-19. 
  • The city government manages the data, and users access it via the Alibaba Group Holding Limited (NYSE: BABA) affiliate Ant Group's Alipay app and Tencent Holding Ltd's (OTC: TCEHY) WeChat app.
  • The app collects travel data to give people a red, yellow, or green rating indicating the likelihood of having the virus, and users have to show the code to enter public venues.
  • "This DB (database) contains everyone who lives in or visited Shanghai since Suishenma's adoption," claimed the hacker who initially asked for $4,850.
  • In July, another hacker claimed to have procured 23 terabytes of personal information belonging to one billion Chinese citizens from the Shanghai police.
  • The hacker acknowledged regaining the stolen information from Alibaba Cloud.
  • The Shanghai police summoned Alibaba executives and senior technicians after the breach.
  • Price Action: BABA shares traded lower by 3.05% at $91.98 in the premarket on the last check Friday.
  • Photo by Fooksou Lamimo via Wikimedia

Continue Reading...

Popular

Netflix Stock Sized Up By 7 Analysts Post Q1 Results: 'Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business'

Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.

Google CEO: This Is likely Bigger Than Electricity - Ad

Electricity reshaped the economy, creating the FAANG stocks and boosting GDP by over 4,900%. AI is going to do it again.

Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges

ATLANTIC CITY, N.J. (AP) — Atlantic City Mayor Marty Small said Thursday he remains committed to his family and to his city as he deals with charges that he and his wife

Key Nvidia, Apple Supplier TSMC To Receive $6.6B From US Government For Arizona Plant

The funding, a part of the U.S. CHIPS and Science Act, will bolster TSMC's over $65 billion investment in three advanced fabrication plants in Phoenix, Arizona.

Google CEO: This Is "More Profound" Than Electricity - Ad

AI is estimated to generate 7.5x more wealth than the American internet economy. But if you're buying NVDA, you're missing the big picture.

Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota

A Native American-led nonprofit has announced that it purchased nearly 40 acres (16.2 hectares) of land in the Black Hills of South Dakota amid a growing movement that

What to stream this week: A Bon Jovi documentary, Idris Elba in 'Knuckles' and 'Anyone But You'

The Sydney Sweeney and Glen Powell romantic comedy “Anyone But You” hitting Netflix and an album by Brazil superstar Anitta are some of the new television, movies, music and games near you.

Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In - Ad

If you currently own NVIDIA (NVDA)... Or were thinking of buying it in the weeks ahead... I urge you to review my recent interview before you move your money. There's a BETTER AI stock to buy than NVDA right now, especially in the coming $7 trillion A.I. boom.

Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses

The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. According to the latest data from the Missouri Department of Health and Senior Services (DHSS), the adult-use cannabis sector contributed $108.7 million in March, with medical cannabis adding another $16 million, culminating in a total of $124.7 million.

A.I. Pioneer Warns: "I thought we had more time..." - Ad

A radical new A.I. development is about to blindside millions of Americans. This early A.I. pioneer just issued an urgent warning explaining everything.

Insiders Buying Ashford And 1 Other Stock

Although U.S. stocks closed mixed on Tuesday, there were a few notable insider trades.

Germany's Scholz calls for fair competition and warns against dumping during China visit

BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.

Buy This A.I. Stock Before Elon's Announcement - Ad

Hurry... Elon Musk has promised that he "will share more information [about this A.I. project] over the next couple of weeks." If he mentions the name of this supplier in a press conference, there's no telling how high shares could go.

Tesla Recalls Over 3,800 Cybertrucks, Cites Unintended Acceleration Risk

The company said that the accelerator pedal pad on the affected vehicles may dislodge and become trapped by the interior trim above the pedal.

One Crypto Can Change Your Financial Life - Ad

The catch is you won't be able to become a millionaire by buying Bitcoin today. There are five little-known coins I've discovered that I believe will skyrocket over the course of the next few months.

Bitcoin Hinges On This Key Support Level, Says Analyst: 'Could Significantly Boost The Chances Of Reigniting The Bull Run'

Cryptocurrency analyst Ali Martinez has highlighted the critical support levels for Bitcoin (CRYPTO: BTC). This comes amid a period of volatility in the crypto market.

Why Media Company Omnicom Shares Are Trading Higher Premarket Today

Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Tesla shares tumble below $150 per share, giving up all gains made over the past year

Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from and steep discounts intended to lure more buyers.

'The Street Wants and Needs Answers' From Elon Musk On Tesla Layoffs -- Dan Ives Demands 'Rationale For The Cost Cutting'

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances.

Ukraine's "Secret Weapon" Against Russia - Ad

Ukraine has a new weapon that's never been used before in war. This "living software" has been its secret weapon against Russia. The Wall Street Journal Reports: "it's a technical revolution." Early investors can reap 5,633% gains on the small company that makes it.

Average long-term US mortgage rate climbs above 7% to highest level since late November

LOS ANGELES (AP) — Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months.

Taiwan Bolsters 'Chip Diplomacy' With Canada And France Amid China Tensions

In a move to bolster its global standing, Taiwan has extended its 'chip diplomacy' to the Czech Republic, signing a tech pact with the U.S., Canada, France, and Germany in recent months.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Hochul announces budget outline as lawmakers continue to hash out details

ALBANY, N.Y. (AP) — New York Gov. Kathy Hochul on Monday announced the framework of a $237 billion that includes broad plans to drive new housing construction, address the influx of migrants and crack down on .

Another record for New Jersey internet gambling revenue as in-person winnings struggle

ATLANTIC CITY, N.J. (AP) — New Jersey's high-flying internet gambling market continues to smash records. But the amount of money won from in-person gamblers at most of Atlantic City's casinos is less than it was before the COVID19 pandemic.

Elon Musk's "Project Dojo" Is a Game-Changer - Ad

Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.

Top 3 Financial Stocks That Are Ticking Portfolio Bombs

As of April 11, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 2 Materials Stocks That May Crash In Q2

As of April 17, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Has Jeff Bezos Found the Next Nvidia? - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

FBI opens criminal investigation into Baltimore bridge collapse, AP source says

The FBI is conducting a criminal investigation into of Baltimore’s Francis Scott Key Bridge that is focused on the circumstances leading up to it and whether all federal laws were followed, according to a person familiar with the matter.

Trump Media & Technology Group Allege Naked Short Selling, Seek Nasdaq's Intervention (Updated)

Trump Media & Technology Group Corp. (NASDAQ: DJT) shares surge as company sends letter to Nasdaq about suspected short-selling, seeks transparency and compliance.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Edmunds: Avoid these 3 mistakes when buying a used car sight unseen

It’s easier than ever before to buy a used vehicle online. Unfortunately, that also means it’s easier than ever before to make a purchase you might later regret.

The Man Who Bought Bitcoin at $5 Reveals His Next Tiny Crypto Gem for 2024 - Ad

Early Bitcoin Millionaire Charlie Shrem just revealed his five little-known crypto coins that he believes could create generational wealth over the next 12 months. What's more, some of these tiny cryptos he's discovered trade for less than $1!

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

WASHINGTON (AP) — The man who will run United Nations climate talks this November views the negotiations as a key link in international efforts to curb

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service