The U.S. Securities and Exchange Commission said in a statement Monday that a recent hack of its account on X, formerly known as Twitter, was the result of a hacker taking over the number tied to one of the agency's cell phones.
Why it matters: The details from the SEC's investigation provide fresh insights into how exactly a hacker was able to break into a top government agency's social media account and post untrue, market-moving information.
There'll be plenty to talk about when Tesla reports fourth quarter earnings on Wednesday, with its competitive position under threat.
Why it matters: Chinese automaker BYD bested Tesla as the world's bestselling electric vehicle (EV) company last year, despite Tesla boosting deliveries by nearly 20%.
JetBlue and Spirit Airlines say that they'll appeal a federal judge's ruling that blocked their $3.8 billion merger plans.
The big picture: Both companies have lost value since the deal was first announced in mid-2022, but nonetheless believe it's vital to their future success.
OpenSea, the Ebay for NFTs, is facing its first real competitor in Blur, an upstart marketplace entirely designed for the aggressive JPEG flipping class — the folks just looking to make money trading non-fungible tokens.
Why it matters: The NFT market saw $11.8 billion in volume across 2023, according to CoinGecko.
Macy's on Sunday night rejected a $5.8 billion takeover offer from Arkhouse and Brigade Capital Management, possibly setting up a hostile bid for the department store operator and Thanksgiving parade sponsor.
What to know: The sticking point seems to be more about financing than price, but the two sides can't agree on some basic facts.
Why it matters: Sam Bankman-Fried's trial is over, but FTX's bankruptcy proceeding is very much ongoing — and the crypto exchange, under the leadership of John Ray III, has been on a mission to recover billions for its creditors.
Meta's stock reached an all-time high Friday, reversing the post-pandemic drubbing it took beginning in 2022.
Why it matters: The company's investments in artificial intelligence (AI) have not only helped its ad business recover from a volatile market, but have also convinced Wall Street that the firm is poised for future growth.
Ohai.ai, a venture-backed startup from Care.com founder and former CEO Sheila Lirio Marcelo, has emerged from stealth to help households stay organized, the company tells Axios exclusively.
Why it matters: The company believes that its virtual assistance platform, dubbed "O," can lighten the mental load of family schedule management and task delegation.
Operators of Boeing 737-900ER planes should "visually inspect mid-exit door plugs to ensure the door is properly secured," the U.S. Federal Aviation Administration advised late Sunday.
Why it matters: The Boeing 737-900ER is not part of the newer 737 MAX 9 fleet that the FAA grounded in U.S. territory earlier this month following a mid-air incident, but the agency noted it "has the same door plug design." It's recommending the inspections as "an added layer of safety."
