A stock market data error this evening set an undetermined number of companies listed on the Nasdaq exchange to a share price of $123.47, sending some tech companies’ stock prices crashing and others’ soaring. In a statement obtained by the Financial Times, Nasdaq said the culprit was “improper use of test data” that was picked up by third party financial data providers. The exchange said it was “working with third party vendors to resolve this matter.”
Following a court ruling last week, Roku devices are now banned from being sold in Mexico. The decision comes cable provider Cablevisión, owned by media company Televisa, previously requested a court order to stop the sale of Roku devices in the country because hackers would use it to offer Roku owners pirated content from HBO, ESPN, and Televisa’s channels. Although Roku fought for a suspension of that order, the court’s decision last week upheld the ruling.
Kaspersky Lab is understandably worried that it might lose US government contracts over fears that it’s in bed with the Russian government, and it’s making a dramatic offer in a bid to keep the money flowing. Founder Eugene Kaspersky tells the AP that he’s willing to provide source code to prove that his online security company isn’t a Trojan horse for Russian spies. He’s ready to testify in front of Congress, too — “anything” to show that his company is above board.
LONDON — The doorbell woke Yassin Adam just before 1 a.m. A neighbor was frantically alerting others on the fourth floor of Grenfell Tower about a fire in his apartment. “My fridge blew up,” the man shouted.
There should have been lookouts on watch on the port, starboard and stern of the destroyer Fitzgerald — sailors scanning the horizon with binoculars and reporting by headsets to the destroyer’s bridge. At 1:30 a.m. last Saturday, off the coast of Japan south of Tokyo, they could hardly have failed to see the 730-foot freighter ACX Crystal, stacked with more than 1,000 containers, as it closed in.
Throughout the past month, the executives at my public relations agency have repeatedly been approached by members of the media for our opinions on the major missteps made by a variety of widely recognized brands. Here’s a quick debriefing on the latest big brand scandals and our take on each.
Source: The Biggest PR Crises Of 2017
Preparing for a crisis is not a luxury; it is a necessity. You know the odds are high that your company will suffer a disaster or crisis at some point. You cannot say you weren’t ready; today’s extreme public and government scrutiny demand that you should have been prepared. MIT’s Crisis Management & Business Continuity course will help prepare you for the inevitable.
High-profile events such as data breaches, natural disasters and terrorist attacks are raising enterprise awareness of business continuity management (BCM). Leaders have a crucial stake in ensuring the continuity and resiliency of business operations in the face of interruptions. Unfortunately, many organizations still have not put into place the people, processes and technologies necessary to demonstrate to their employees, shareholders, business partners and regulators that they can recover operations after a crisis or disaster.