PowerSchool, an edtech giant used by over 50 million students in the US, was hit by a cyberattack in December that compromised customer support portal credentials, allowing hackers to access sensitive student and teacher data. The breach has affected multiple school districts across the country, with some reporting that hackers accessed “all” of their historical … Read more
Nathan Anderson, founder of Hindenburg Research, has announced the closure of his short-selling firm due to the toll it took on his personal life. The decision comes after years of intense work in uncovering accounting issues and mismanagement at various companies. Anderson’s best-known shorts include betting against electric truck maker Nikola and India’s Adani Group, … Read more
Eli Lilly’s revenue for the full year 2024 reached $45 billion, a 32% increase from 2023, but fell short of its October estimate. The company reported weaker-than-expected sales for its GLP-1 diabetes and obesity treatments, Mounjaro and Zepbound. In Q4, Zepbound’s sales came in at $1.9 billion, below analyst expectations, while Mounjaro generated $3.5 billion. … Read more
A French woman was duped out of nearly €800,000 by scammers posing as actor Brad Pitt. The woman, identified only as Anne, was contacted online by someone claiming to be Pitt’s mother and convinced that the actor needed her help paying for medical care. Anne reportedly sent over €10,000 in response to a claim that … Read more
US House Speaker Mike Johnson has removed Republican Representative Michael R. Turner of Ohio from the chairmanship of the House Permanent Select Committee on Intelligence, Johnson confirmed on Wednesday. This move comes amid growing pressure on Trump’s administration to distance itself from partisan politics in intelligence gathering and analysis. Source: https://www.washingtonpost.com/politics/2025/01/15/ukraine-hawk-removed-house-intelligence-role-reportedly-trump-request
The US Securities and Exchange Commission (SEC) has been locked in a long-standing battle with Ripple over its XRP cryptocurrency, alleging that it was issued in breach of the law. However, with Donald Trump’s incoming administration taking office on January 20, investors are hopeful that regulatory woes may soon disappear. XRP, which has a market … Read more
A new study by Boston researchers has found a significant link between long-term consumption of processed red meat and an elevated risk of dementia. The findings come as existing research suggests the number of Americans developing dementia will double by 2060, with over 1 million new cases annually expected due to the aging population. The … Read more
NASA’s James Webb Space Telescope has made history by detecting a record number of new stars in a distant galaxy. The telescope, which is the largest and most complex space observatory serving thousands of astronomers worldwide, captured an image revealing 44 individual stars in a galaxy 6.5 billion light-years away from Earth. Astronomers used the … Read more
The Federal Trade Commission (FTC) has sued John Deere & Company, alleging that the company unfairly restricts farmers’ ability to repair their own equipment or through independent shops. The lawsuit, filed alongside the attorneys general of Illinois and Minnesota, aims to halt what the FTC views as anticompetitive conduct. The complaint claims that John Deere’s … Read more
A former late-night talk show host, Jay Leno, has been spotted serving meals to firefighters battling wildfires in the Los Angeles area. He was seen driving a vintage fire truck to a Pacific Palisades site where he served hot meals to Los Angeles Fire Department firefighters. Leno’s support comes as the city faces devastating wildfires … Read more