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Hackers breach a hots of high-profile Twitter (NYSE:TWTR) accounts, including Elon Musk and Bill Gates this afternoon, enticing people to send Bitcoin.
The message tweeted via Gates’ account reads: “Everyone is asking me to give back, and now is the time. I am doubling all payments sent to my BTC address for the next 30 minutes. You send $1,000, I send you back $2,000.
“It then provided a BTC address, adding “Only going on for 30 minutes! Enjoy!”
The accounts of Kanye West, Uber and Apple were also hacked.
The account listed in the hack has received $107K.
The tweets have since been deleted. Other accounts were also targeted, CNBC reports.
Twitter is -2.3% postmarket.
Amazon (NASDAQ:AMZN) workers who can work from home can now do so until January 8.
In May, the company had extended the return to work deadline to at least October 2.
Amazon says it has invested “significant funds and resources” to ensure the safety of those who choose to return to work, including social distancing measures, temperature checks, and face masks.
Amazon has faced global scrutiny and worker strikes regarding its worker safety measures amid the coronavirus pandemic.
Tech giants Facebook, Google, and Apple don’t expect their workers to return to the office before the end of the year. Twitter is allowing employees to work from home “forever.”
Facebook (NASDAQ:FB) and Sony (SNE +2.9%) are getting ready to boost output of upcoming gaming devices by up to 50%, Nikkei reports – a sign of profits to be had from gaming demand in the global pandemic.
Facebook’s Oculus is seeking that kind of growth for its new VR helmets, pushing production to 2M units, according to the report. It’s looking to expand a footprint in the virtual reality market where it’s already the market leader with about a 35% share.
The new Oculus headset is set to enter mass production around the end of July.
And Sony is also boosting production orders for the PlayStation 5, according to the report – to around 9M units, up from a spring plan for 6M units.
Sony, Facebook and HTC together account for 69% of the market for stand-alone VR devices.
Zoom (NASDAQ:ZM) for Home includes “a new category of software experiences” and hardware devices for remote work.
The first Zoom for Home device is the DTEN ME, an “all-in-one personal collaboration device.”
The $599 DTEN ME includes a 27-inch screen with three wide-angle cameras, eight microphones, and an interface designed for easy access to Zoom, which comes pre-loaded on the device.
Pre-orders start today and the devices will ship next month.
Zoom for Home is also compatible with Zoom Rooms Appliances, including hardware solutions from Neat and Poly.
ZM shares are down 2.9% to $252.50.
Apple (NASDAQ:AAPL) does not have to pay €13B in Irish back taxes, according to the EU’s General Court, which concluded that the tech giant has not been “granted a selective economic advantage and, by extension, state aid.”
The decision, which can only be appealed “on points of law” to the EU’s highest tribunal, is a setback for the European Commission, which ruled in August 2016 that Apple’s practice of channeling sales through units in low-tax member states violated the bloc’s state aid rules.
This case is particularly important due to the EU’s crackdown on taxation in recent years and could impact how the bloc deals with similar matters given the recent trend toward digital services taxes.
AAPL +1.4% premarket to $393.49/share.
