Microsoft has now officially become the third most valuable company in the world as it pushes Google's parent company Alphabet into fourth place. With Microsoft's current market cap at 766 billion compared to Alphabet's 766.5 billion, Microsoft is able to retain the third place spot at today's market prices.
The US Securities and Exchange Commission (SEC) released a statement yesterday, warning high-ranking executives not to trade stocks before the disclosing breaches, major vulnerabilities, and other cybersecurity related incidents.
The Department of Justice has filed an indictment against Joseph Willner, 42, of Ambler, Pennsylvania, accusing the day trader of hacking into brokerage accounts at various financial companies and placing unauthorized trades.
The US charged three Chinese nationals with hacking two New York law firms and stealing data from their email servers, which they later used to make a profit on the stock market.