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Twitter hack commandeers accounts of Bill Gates, Elon Musk and others

A number of prominent Twitter accounts, including those of Bill Gates and Elon Musk, appear to have been compromised Wednesday, posting messages tied to a cryptocurrency scam.

Why it matters: Twitter has become a key source of communication and people generally assume the content posted by an account is from the person who owns the account, increasing the likelihood of a scam being successful.


Details: In addition to those of Gates and Musk, the accounts of Bitcoin and Ripple also were similarly compromised, per TechCrunch.

Twitter said it is looking into the matter but didn't immediately have a comment.

This story is developing. Please check back for updates.

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Retailers charter boats to circumvent supply chain crisis, get goods from overseas

The world’s shipping chaos is pushing mega-retailers to make new investments: their own cargo ships.

Why it matters: It’s one way big companies are trying to circumvent the pandemic-fueled supply chain crisis that’s left store shelves sparse.

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K-12 students fell 4 to 5 months behind on learning during pandemic

Elementary school students in the U.S. ended the school year four to five months behind their expected level of academic achievement, according to a new report.

Why it matters: Months of school closures and often inferior remote education eroded what schoolchildren would have learned since the pandemic began, and caused some to go backwards.

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White House selects destinations for first wave of vaccine donations

The Biden administration has laid out its framework for sharing vaccines for the world and named the recipients of the first 25 million doses, taking a major step toward becoming a global vaccine supplier.

Why it matters: The U.S. had been the only major vaccine producer to keep virtually its entire supply at home while countries looked to Russia or China for doses. But Biden has pledged to share at least 80 million doses this month and additional shipments beyond that.

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LeBron James and private equity firm to buy into Boston Red Sox

Boston Red Sox majority owner John Henry has agreed to sell a roughly 11% stake in the team's parent company to RedBird Capital Partners, Axios has confirmed with a source close to the situation. Separately, LeBron James has acquired around a 1% stake in the club.

Why it matters: It's a massive return on investment for Henry, who in 2001 paid what was then a record $700 million for the Red Sox. This deal values its parent company, Fenway Sports Group, at around $7.3 billion.

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