‘Shark Tank’s’ Barbara Corcoran fell for this very common phishing scam — and it cost her almost $400,000

This common email phishing scam just caught a Shark. “Shark Tank” star and real estate mogul Barbara Corcoran revealed Wednesday that she lost almost $400,000 after scammers tricked her bookkeeper by sending a bill that appeared to come from her assistant. “Lesson learned: Be careful when you wire money!” Corcoran tweeted on Wednesday. She also confirmed to ABC News that, […]

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Elon Musk uses one unflattering word to describe Porsche-driver Bill Gates

That’s how TeslaTSLA, +6.33%boss Elon Musk described his conversations with fellow tech billionaire Bill Gates after learning the MicrosoftMSFT, +0.85%founder just bought an electric Porsche Taycan. Gates discussed his new ride last week with YouTube influencer Marques Brownlee. At one point, the chat turned to Tesla and combating climate change. “Certainly Tesla, if you had to name one company that’s […]

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Alibaba earnings top expectations but coronavirus is having a ‘negative impact’ on the business

Shares of Alibaba Group Holding Ltd. fell Thursday, after the company posted better-than-expected results for its fiscal third quarter but discussed how the recent coronavirus outbreak in China was having a “negative impact” on the company’s commerce business in the current period as packages aren’t getting delivered on time. The company posted net income of 52.3 billion Renminbi ($7.5 billion), […]

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Uber stock turns higher on narrower-than-expected loss

Uber Technologies Inc. shares dipped 5% then rose 2% Thursday after the company reported a narrower-than-expected loss and fourth-quarter revenue largely in line with Wall Street estimates. The losses continued to mount for Uber UBER, +0.76%, which reported revenue of $4.07 billion, in line with expectations of $4.07 billion from analysts polled by FactSet. See also: Uber earnings preview: Another […]

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Nevada Democrats dropping caucus app after Iowa fiasco

LAS VEGAS — Reacting to tech troubles in Iowa, Nevada Democrats scrapped plans to use similar technology at their caucuses in less than three weeks, as early voting states sought to re-assure the public that they could pull off smooth elections. Officials in South Carolina and New Hampshire expressed confidence in their primary election systems, while Democrats in Nevada, the […]

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Amazon’s Jeff Bezos sued for defamation by his girlfriend’s brother

Michael Sanchez, the brother of Jeff Bezos’ girlfriend, sued the Amazon.com Inc. AMZN, +7.38%  founder for defamation, alleging his representatives spread false rumors to news outlets that Sanchez provided graphic nude photos of Bezos to the press. The lawsuit, filed Friday in California state court in Los Angeles, also names as a defendant Gavin de Becker, a security consultant hired […]

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IBM’s Ginni Rometty leaves behind a mixed legacy as CEO

IBM Corp. investors are hoping that incoming Chief Executive Arvind Krishna will bring the same relentless focus on the cloud that Satya Nadella brought to help turn around Microsoft Corp. Earlier Thursday, news that Ginni Rometty will be stepping down as CEO on April 6 and be replaced by Krishna, the head of IBM’s cloud business, helped fuel a 5% […]

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Twitter, Pinterest move to crack down on voter misinformation

Twitter and Pinterest are taking new steps to root out voting misinformation designed to suppress participation in the November elections. Twitter TWTR, -1.22%  unveiled a new tool Wednesday that will make it easier for users in the U.S. to report tweets containing misleading information about registering to vote or casting a ballot. The platform said the tool would be available […]

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Facebook’s stock dips as results top estimates, but expenses cause concern

Facebook Inc. stock slumped 7% Wednesday after the company reported fourth-quarter results that topped estimates but didn’t sate lofty Wall Street expectations. Concerns over expenses and growth in North America further depressed shares. The social-media giant said it earned $7.35 billion, or $2.56 a share, vs. expectations of $2.53 a share, according to analysts polled by FactSet. Revenue rose 25% […]

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