In a startling development for investors and stakeholders, Macy’s has postponed its third-quarter earnings report after uncovering a significant accounting issue involving a former employee who concealed millions of dollars in delivery expenses. The retailer estimated that this employee, who is no longer with the company, misrepresented between $132 million to $154 million in delivery […]
Alabama Man Arrested for Hacking SEC's X Account
In a striking incident highlighting the vulnerabilities of digital platforms, a 25-year-old man from Alabama named Eric Council Jr. was arrested for allegedly hacking into the US Securities and Exchange Commission’s (SEC) X account. This breach occurred in January and revolved around a fabricated tweet that claimed the approval of Bitcoin exchange-traded funds, effectively triggering […]