Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Two plead guilty in conspiracy involving Uber, LinkedIn, others: U.S. Justice Dept

Published 10/30/2019, 04:50 PM
Updated 10/30/2019, 04:52 PM
Two plead guilty in conspiracy involving Uber, LinkedIn, others: U.S. Justice Dept

WASHINGTON (Reuters) - Two hackers pleaded guilty in federal court on Wednesday for a conspiracy to extract bounties from Uber Technologies Inc (N:UBER), LinkedIn (NYSE:LNKD) and other corporations in exchange for promises to delete information stolen from Amazon Web Services (O:AMZN), according to the Justice Department.

The two, Brandon Glover, of Florida, and Vasile Mereacre, of Toronto, Canada, have been released on bond, with a sentencing hearing set for March.

The men downloaded 57 million Uber user records, including customer and driver data, from Amazon.com Inc's cloud platform, in November 2016, the Justice Department said. Uber soon agreed to pay $100,000 in bitcoin through a third party and demanded they sign confidentiality agreements. In December 2016 they demanded money from LinkedIn's Lynda.com for a promise to delete more than 90,000 records, but stopped communicating in January as the company sought to identify them.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.