Crime/Legal Action

Dozens of employees at Ukrainian cybersecurity startup Hacken fled their war-torn country and found refuge about 2,000 miles away in Portugal. Since then, they have managed to keep their business alive and are now supporting cyber operations against Russia.The company moved its main office from Kyiv to Lisbon, with stops in between, mirroring the drastic measures taken by millions of Ukrainians seeking to escape danger and preserve their livelihoods while the Kremlin wreaks havoc. For Hacken Chief Executive Dmytro…

Southwest Airlines Co. LUV -2.05% played a bigger behind-the-scenes role in developing early Boeing BA -4.58% 737 MAX pilot training than previously known, according to a recent legal filing that cites internal Southwest and Boeing company documents.During the development of 737 MAX training, the carrier agreed with Boeing to remove from pilot manuals references to a version of the automated flight-control system that…

Companies including Chevron Corp. , Quest Diagnostics Inc. and Ernst & Young LLP are pushing to narrow proposed cybersecurity rules from the Securities and Exchange Commission in the private sector’s latest attempt to shape a growing array of regulations by Washington. In comments on rules proposed by the SEC, businesses in recent days have urged the agency to harmonize its deadline of four business days to disclose security incidents with similar rules from…

The sudden exit of Moderna Inc.’s newly hired chief financial officer shines a light on the challenges companies and recruiters are facing in a tight job market, in which candidates often have more than one competing offer, forcing hiring managers to make quick decisions. Jorge Gomez, who on Monday started as Moderna’s CFO, departed on Tuesday, with immediate effect, the Cambridge, Mass.-based company said. He was recruited from dental supplies maker…

WASHINGTON—Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership.The Securities and Exchange Commission is probing Mr. Musk’s tardy submission of a public form that investors must file when they buy more than 5% of a company’s…

“I do think that it was not correct to ban Donald Trump. I think that was a mistake because it alienated a large part of the country, and did not ultimately result in Donald Trump not having a voice,” said Mr. Musk, who was speaking virtually at the Financial Times Future of the Car summit. Mr. Musk called the ban a “morally bad decision,” saying permanent bans undermine trust in Twitter. “If there are tweets that are wrong and bad, those should be either deleted or made invisible, and a suspension—a…

WASHINGTON—Tech-industry representatives are coming to Capitol Hill this week to warn that the remote-work trend will lead to more offshoring of software developer and other technology jobs unless the U.S. admits more high-skilled immigrants.Remote jobs in tech jumped by more than 420% between January 2020 and last month, growth that was intensified by the pandemic, according to a jobs data review by Tecna, a trade group for regional tech councils. In February, more than 22% of all tech jobs were listed as remote,…

Last year when Facebook FB -6.77% blocked news in Australia in response to potential legislation making platforms pay publishers for content, it also took down the pages of Australian hospitals, emergency services and charities. It publicly called the resulting chaos “inadvertent.”Internally, the pre-emptive strike was hailed as a strategic masterstroke. Facebook documents and testimony filed to U.S. and Australian authorities by whistleblowers allege that…

WASHINGTON—The Securities and Exchange Commission will boost the size of its special unit devoted to investigating cryptocurrency frauds and other misconduct, a move that follows the agency’s aggressive push to get the unregulated industry to come under federal supervision. The SEC said it plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, which was created in September 2017 when regulators noticed a surge of new digital coins sold to the public. The…

European Union antitrust authorities on Monday charged Apple Inc. AAPL 0.20% with abusing its dominant position by restricting access to the technology underpinning contactless payments on its mobile devices, adding to the bloc’s efforts to clamp down on alleged anticompetitive behavior by some of the world’s biggest tech companies.The European Commission, the EU’s executive arm, said it took issue with Apple’s decision to prevent mobile-wallet app developers from…