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Joe and Hunter Biden. Photo: Teresa Kroeger/Getty Images for World Food Program USA.

Russian hackers from the military intelligence unit known as the GRU successfully targeted Burisma, the Ukrainian gas company that once employed Hunter Biden as a board member, the New York Times first reported.

Why it matters: President Trump was impeached as a result of his alleged efforts to pressure the government of Ukraine to investigate Burisma and the Bidens over unsubstantiated corruption allegations.

  • "The timing of the Russian campaign mirrors the GRU hacks we saw in 2016 against the DNC and John Podesta," the co-founder of Area 1, the firm that detected the hack, told the Times. (The company has released a report detailing its findings.)
  • The Justice Department indicted seven GRU officers in 2018 for conspiring to interfere with the 2016 U.S. presidential election by hacking and releasing the emails of Democrats.

Our thought bubble, via Axios' Scott Rosenberg: Public awareness of the Burisma hack cuts both ways politically. For former Vice President Joe Biden's campaign, it means document dumps could happen at any time, with accompanying media frenzy and potentially damaging revelations. For the Trump campaign, it means that any such revelations will come pre-tainted with a Russian label.

The big picture: Experts tell the Times the hackers may have been searching for embarrassing information about the Bidens, though it's not yet known what — if anything — they uncovered.

  • The hackers infiltrated Burisma through phishing emails that looked to have come from within to company to steal employees’ login information.
  • American officials note that Russian hacking tactics have intensified since the 2016 election.

Go deeper ... Fact check: What Joe and Hunter Biden actually did in Ukraine

Editor's note: This article has been updated with new details, including a link to the report and more context.

Go deeper

Ubisoft workers demand company accountability in open letter

Photo: Frederic Brown / Getty Images

Close to 500 current and former employees of “Assassin’s Creed” publisher Ubisoft are standing in solidarity with protesting game developers at Activision Blizzard with a letter that criticizes their company's handling of sexual misconduct.

Why it matters: Ubisoft and Activision Blizzard workers are framing the actions as part of a bigger movement meant to have lasting change in the industry and its culture.

Companies deploy tech to prevent retail crime

Customers in a Home Depot in Pleasanton, California, in February 2021. Photo: David Paul Morris/Bloomberg via Getty Images

Retailers have a new edge for fighting theft: They're using technology to disable stolen goods — from iPhones to Black & Decker drills — and render them useless.

Why it matters: Organized retail crime has a considerable affect on retailers every year, costing them an average of $719,000 per $1 billion dollars in sales, according to estimates from the National Retail Federation.

Dan Primack, author of Pro Rata
40 mins ago - Podcasts

Spotify CEO Daniel Ek does a podcast on the future of podcasts

Spotify on Wednesday reported significant ad revenue growth from its podcast business, as part of its quarterly earnings disclosure.

Take a listen: Company founder and CEO Daniel Ek appeared on the Axios Re:Cap podcast to discuss how the podcast business model is changing, why he's spending big on exclusive shows and his personal favorites in both podcasting and music.