Elon Musk has agreed to buy Twitter at his original proposed price of $54.20 per share, or about $44 billion total, Bloomberg reports and the New York Times confirms. Few details are known at this time. Musk is said to have expressed his renewed interest in a letter to the social media giant on the evening of October 3rd and met in court with Twitter representatives the morning of October 4th. Musk began trying to back out of the purchase agreement almost as soon as Twitter accepted it his original offer in April. He accused the platform of misleading or lying to investors about its number of daily active users, saying in May that the deal “cannot move forward” until Twitter proved that less than 5% of users are bots or spam accounts. Advertisement Related Video The Tes...
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Sourced from CSO. When it comes to reporting on cybercrime, we tend to only come across stories impacting major companies or industries. Apart from the obvious reputational damage, we don’t really grasp the consequences of something like a data breach on a company and its customers. There are no headline articles about the troubles that emerge in the wake of a data breach, some of which literally grind small and medium enterprises (SMEs) into the ground. The media focuses on corporate giants as the only victims of cybercrime and lulls us into a false reality where data breaches seem to happen mostly to corporate behemoths but not the small or medium size business owners. Cybercriminals, who are often well-organised and well-resourced, launch constant attacks on data targets, probing for th...