馃毃 Data Breach Alert! 馃毃 Godaddy's User Data Compromised, Hackers Steal User Email IDs & Passwords

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ROI Overload is a daily radio show/video podcast show focused on the latest in trending topics in business, tech, finance and startups hosted by Scott D. Clary (@scottdclary).

Available in audio (roioverload.sounder.fm) or video (youtube.com/c/scottdclary).

Welcome to Roy Overload daily business, tech and finance news. I'm Scott Declare. This is what's making us today. Massive data breach. Go Daddy's user Dada is compromised. Hacker steal user email IDs and passwords. Door has to pay five point three million dollars to settle a labor dispute. Armed with fresh funding, Pokemon go decides to enter the metaphors space and, amid rising oil prices, the United States will collaborate with other countries and tap into its strategic oil reserves. Let's jump right into it. So first story of the day massive data breach. So the SEC received a report from go daddy recently informing the agency about a hacking incident. The targeted the web posting giant. As for the disclosure, the hack resulted in the compromise of email addresses and passwords of over a million users. The data with that was compromised belonged to go daddy's current and previous managed word press customers. Go Daddy mentioned in its disclosure to the SEC that the hackers found a way into the provisioning system that handles automatic configuration of new sites. They found out about the hack on the seventeenth...

...of November and took steps urgently to lock hackers out of their system. Right now, there is no indication as to how many accounts are actually compromised. Moving on to our next story, door has to pay five point three million dollars to settle a labor dispute to the New York State Law Pass in two thousand and twenty allowed companies like door, Chubern lift to treat their workers at as independent contractors and not employees. It was struck down by a judge in August, saying that this is unconstitutional. Before California's Gig workers law was passed, allegations are made against or of the company to not provide it's four thousand five hundred delivery workers in San Francisco with healthcare and paid sick leaf. Now, to settle the allegations, doors has agreed to pay five point four million dollars to the city of San Francisco. These funds will go to the delivery drivers that worked for DOOR DASH between two thousand and sixteen and two thousand and twenty. And in Pokemon News. That's a name that I haven't heard in a little bit. They just received fresh funding and if you remember the Pokemon go game. It was one of the most popular mobile games ever. It was so successful that within its first month of release, it reached two hundred...

...million dollars in revenue. The crazy pand pokemon go has subsided considerably, but it is still quite popular. STATISTA's reports indicate that in January, of two thousand and twenty one pokemon God over eight Hundredzero daily active users. neant if the developer of Pokemon Goo is now planning to develop a real world metaverse for its next mission. The pokemon go developer has raised three hundred million dollars at a nine billion dollar valuation. The developer plans to develop their metaphors to bring people closer to the real pokemon world. And amid rising oil prices, the united it states will collaborate with other countries and tap into its strategic oil reserves. So mid the sudden search in oil consumption globally, there has been a record rise in oil prices. To control the price increase, the United States, China, Indian, the United Kingdom, the Republic of Korea and Japan have decided to release a part of their strategic oil reserves in coordination with one another. United States will release fifty million barrels of oil from strategic reserves. Sixty four percent of these reserves will be released over the next few months.

The rest of the release will come from the accelerated sale of reserves that was already authorized for sale. And another news from around the web of verizons track phone acquisition receives a go ahead from the FCC. So the six billion dollar acquisition of tract phone by by Verizon receive the green light from the Federal Communication Commission. With this acquisition, verising becomes one of the biggest players in the prepaid service market in the United States. And the blockchain powered music platform royal secures fifty five million dollars in funding. So royal raised fifty five million in the series a funding around led by the VC company and recent Horowitz. The platform allows users to acquire music rights with N FT's anyways, that's it for today. Hope you and do it. If you found value in this, share this with one other person. They can go subscribe for daily business, Tech and Finance News at Newsletter Roy overloadcom. Have a great day. I'll see it. The more.

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