Sunday, January 12

Tag: knowledge

Twilio Plans to Cut Workforce by 5%
4Dec By adminNo Comments
Technology

Twilio Plans to Cut Workforce by 5%

Twilio said Monday that it plans to shed hundreds of jobs as it seeks to streamline its operations and accelerate its path to profitable growth.The communications and customer data company said it plans to eliminate about 5% of its 5,900 employees, which will come at a cost of about $25 million to $35 million in various charges.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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SEC Sues SolarWinds Over 2020 Hack Attributed to Russians
5Nov By adminNo Comments
Technology

SEC Sues SolarWinds Over 2020 Hack Attributed to Russians

Updated Oct. 30, 2023 5:41 pm ETThe Securities and Exchange Commission on Monday sued SolarWinds, the software company victimized by Russian-linked hackers over three years ago, alleging the firm defrauded shareholders by repeatedly misleading them about its cyber vulnerabilities and the ability of attackers to penetrate its systems.The SEC’s lawsuit is a milestone in its evolving attempt to regulate how public companies deal with cybersecurity. A hack that steals business secrets or customer data often pummels the victim company’s stock price, showing why firms with public shareholders have to accurately disclose such threats, the SEC says. The regulator recently imposed stricter cybersecurity reporting rules for public companies. Copyright ©2023 Dow Jones & Company, Inc. All Rights ...
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