Chegg Announces Pricing of an Upsized $1.0 Billon Public Offering of Common Stock

first_img Previous articleMoyes rebuilds reputation, fronts culture change at West HamNext articleCalix Delivers the World’s Only Always On Network Platform, Eliminating Downtime for Service Providers When They Upgrade Their Intelligent Access EDGE Networks Digital AIM Web Support Chegg Announces Pricing of an Upsized $1.0 Billon Public Offering of Common Stock WhatsApp Twitter Twitter Pinterest By Digital AIM Web Support – February 18, 2021 SANTA CLARA, Calif.–(BUSINESS WIRE)–Feb 18, 2021– Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student ®, today announced the pricing of its upsized underwritten registered public offering of 9,804,000 shares of its common stock at a public offering price of $102.00 per share. All 9,804,000 shares of its common stock are offered by Chegg. Chegg and Dan Rosensweig, our President, Chief Executive Officer and Co-Chairperson of the Board, who is the selling stockholder, have granted the underwriters a 30-day option to purchase up to an additional 1,470,600 shares of its common stock, consisting of 300,000 shares of common stock from the selling stockholder, and 1,170,600 shares of common stock to be issued by Chegg. The offering is expected to close on February 22, 2021, subject to the satisfaction of customary closing conditions. Chegg expects to use the net proceeds from the offering for general corporate purposes, which may include acquisitions or other strategic transactions and repayment of indebtedness. Chegg will not receive any proceeds from the sale of the shares by the selling stockholder. Morgan Stanley, Goldman Sachs & Co. LLC and Allen & Company LLC will be acting as joint book-running managers for the offering. KeyBanc Capital Markets, Needham & Company, Raymond James, William Blair, Barrington Research, Berenberg, Craig-Hallum and Northland Capital Markets will be acting as co-managers. An effective registration statement relating to these securities was filed with the Securities and Exchange Commission (the “SEC”) on February 16, 2021. A preliminary prospectus relating to the offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov. A final prospectus will be filed with the SEC. A copy of the final prospectus relating to the offering, when available, may be obtained by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014 or by email at [email protected]; from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at [email protected]; or from Allen & Company LLC, Attention: Prospectus Department, 711 Fifth Avenue, New York, NY 10022, by telephone at (212) 339-2220, or by email at [email protected] This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Use of forward-looking statements This press release contains “forward-looking statements” including, among other things, statements relating to the closing of the public offering and expected use of proceeds from the offering. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially, including, but not limited to, statements regarding the size and completion of the offering, the anticipated use of the net proceeds of the offering, which could change as a result of market conditions or for other reasons, the impact of general economic, industry or political conditions in the United States or internationally, the impact of the global COVID-19 pandemic, and the risks identified in Chegg’s filings with the Securities and Exchange Commission (“SEC”), the prospectus related to the offering, and subsequent filings with the SEC. Chegg undertakes no obligation, and does not intend, to update these forward-looking statements after the date of this release, except as required by law. View source version on businesswire.com:https://www.businesswire.com/news/home/20210218005610/en/ CONTACT: Investor Contact: Tracey Ford;[email protected] Media Contact:[email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS SOFTWARE NETWORKS INTERNET UNIVERSITY PRIMARY/SECONDARY DATA MANAGEMENT EDUCATION SOURCE: Chegg, Inc. Copyright Business Wire 2021. PUB: 02/18/2021 08:18 AM/DISC: 02/18/2021 08:18 AM http://www.businesswire.com/news/home/20210218005610/encenter_img TAGS  Facebook Facebook Local NewsBusiness WhatsApp Pinterestlast_img read more

Strong equities bolster Irish pension scheme funding

first_imgIrish pension schemes saw their funding positions improve over the course of last month as equities produced strong gains, according to consultancy data. LCP said the funding level of a typical defined benefit (DB) scheme in Ireland had increased by about 1.4% in May, as assets grew faster than liabilities. While liabilities increased by 1.2% in the month for sample DB schemes in LCP’s study, assets grew over the same period by 2.6%, the firm said. Meanwhile, Aon Hewitt said its Managed Fund Index – which includes traditional Irish pension managed funds – increased by 2.72% in May, while the index has returned 6.05% since the start of the year.  Cathal Fehily, investment consultant at Aon Hewitt, said: “Irish defined benefit pension schemes will have seen their liabilities rise again in May given the fall in core euro-zone government bond yields.”But strong asset performance in the month should compensate for this increase in liabilities, Fehily said, with schemes generally seeing a small improvement in their funding levels.LCP said the best pension fund performers in the month were defined contribution (DC) schemes with a high allocation to growth assets.Pension fund investments in global equities increased by almost 4% last month, it reported.Long-dated euro-zone bonds with AAA ratings also rose in price in May, it said, with bond yields falling for the fifth month in a row.Aon Hewitt said global equity markets rose in May, with the FTSE All World Index up 3.9% in euro terms. Japan was the best performing region in euro terms, while the FTSE Japan Index returned 5.8%.Fehily said equity markets strengthened on the expectation the European Central Bank would loosen monetary policy further following its meeting on the 5 June, as it tried to spur higher inflation in the region. “Euro-zone government bonds also benefited from this expected policy, as government bond yields moved even lower over the month,” he added.last_img read more

Ireland wary of threat posed by dynamic France World Cup star Louis Picamoles

first_img “We have to trust what we do without the ball and make sure that we are on top of our game when we are defending. “Every team has certain individuals who can break the game up and who will be more of a threat to the opposition. “We have those players too. So we are on top of that. “We have had a very good defensive day at training today, so we are heading in the right direction in terms of trying to negate what the French plan to do.” Forwards coach Easterby has warned Ireland to shut down power-runner Picamoles at source, admitting the Toulouse number eight will pose a significant threat at the Millennium Stadium. Picamoles slipped out of form with France last year, but has fought his way back into favour, with Easterby crediting his Toulouse club-mate Imanol Harinordoquy for opening his eyes to an extra playmaking dimension. Press Association Sunday’s victors will top Pool D and draw Argentina rather than defending champions New Zealand in the quarter-finals, with Easterby calling on Ireland to deny France’s thoroughbred forwards any room to run in Cardiff. “Picamoles has always been dangerous as a ball carrier,” said Easterby. “He has the ability to knock players off if you go too high, and he also has ability to offload pretty well.” Veteran number eight Harinordoquy left home club Biarritz in 2014 after a decade’s sterling service for one final move, to French Top 14 giants Toulouse. The 35-year-old totem continues to excel across Europe’s top contests, and Easterby believes his creative influence has rubbed off on Toulouse team-mate Picamoles amid his impressive renaissance. “It obviously helps when you have someone like Harinordoquy playing alongside you,” said Easterby. “His experience for the French and Biarritz is exceptional. And I am sure his work rubs off on Picamoles. “He along with a number of players in their pack have the ability to carry and offload. Ireland must beware Louis Picamoles’ broadened horizons in Sunday’s pivotal World Cup clash with France, according to Simon Easterby. last_img read more

After getting fired twice in 13 months, Tim Lester is now at his dream job

first_img Facebook Twitter Google+ Published on September 19, 2019 at 1:16 am Contact Andrew: [email protected] | @A_E_Graham Tim Lester’s phone rang on a Friday and he was expecting the call. He was at home on the couch in West Lafayette, Indiana, with his wife, Dawn, and their 3-year-old son, Camden. His two older sons, Cooper and Carter, 7 and 5 years old at the time, were at school.It was January 2017 and a year ago, Lester was sloughed off the SU coaching staff payroll when Dino Babers took over for Scott Shafer. He chose to be the quarterbacks coach at Purdue but was similarly out of a job a year later. The Lesters were looking at their second relocation in 13 months.On the other end of the line was Kathy Beauregard, Western Michigan’s athletic director, who offered Lester the head coaching position. She told Lester that he needed to be in Kalamazoo, Michigan, by 5:30 p.m. that evening so he could sign his yet-to-be-negotiated contract and meet with his new team at 6 p.m.“He looked at me and he gave me a thumbs-up,” Dawn said. “And then he got off the phone and he was like, ‘That’s it. I got it. We gotta go. Let’s go pack.’”Being the head coach at Western Michigan was Lester’s dream job when he played there as a quarterback in the 1990s. It was his dream, but he didn’t get the job in 2012 because he needed some more experience. And it was still a dream when he left Syracuse — where he returns for the first time as a head coach on Saturday — in 2015.AdvertisementThis is placeholder textMaryland wanted him to coach wide receivers and Toledo offered him an offensive coordinator position, the same job he had at SU. Purdue needed a quarterbacks coach. Lester leaned toward keeping his job title. A conversation with his college coach, Gary Darnell, changed Lester’s perspective. Lester remembered Darnell asking him what his dream job was.“I’d love to be at Western when P.J. leaves,” Lester answered.“Well they’re never going to hire the offensive coordinator from Toledo,” Darnell said.Amy Nakamura | Co-Digital EditorAfter Lester got hired over the phone, he and Dawn briefly celebrated with Camden before hustling upstairs. They rapidly threw clothes into suitcases as Camden tried packing his stuffed animals.Dawn got behind the wheel and picked the older boys up from Burnett Creek Elementary. She decided not to take Interstate-94, using two-lane state highways. As Indiana faded into Michigan, Lester sat in the passenger seat, working his phone. He called his parents, he called friends and he called his agent, because between then and Lester’s arrival in Kalamazoo, they had to work out a contract.He also began writing a speech to his new his team that he’d meet at 6 p.m. that night. When the Lesters arrived, they dropped the kids at a hotel with Lester’s mother, Pat, before Lester put a pen to paper and made his five-year deal at Western Michigan official.He went to meet the team while Dawn went to check on the kids. Later, she met her husband at a recruiting event. Just hours after signing his contract, a day before the announcement was even public, he bowled with 13 recruits, already trying to build the program he’d just took charge of.Dawn found the whole day — the call, the rush out the door and the immediate dive into the job — all surreal. That morning she woke up in Indiana, took the kids to school and had no reason to expect her day would unfold as it had.“It was just a whirlwind of a day,” Dawn said.His new experience and close proximity made him a worthy successor to P.J. Fleck, WMU’s departing coach. And on a January afternoon in the passenger seat of his white Chevrolet Suburban, Lester went from unemployed for the second time in a year to holding the position he had coveted for 20-plus years.“This has been my dream job since when I played here,” Lester said. “I love this place. This is my goal.”Though he took a demotion in title and pay to go to Purdue from Syracuse, he moved closer to his goal, closer to his home in Illinois, coaching at a Division I program. And like Darnell said to him, if he went and had a good year with quarterback David Blough, whom Lester tried to get at SU, that’d put him on the radar as a potential head coach.Blough threw for 3,352 yards in 2016, third in the Big Ten that season. But Purdue finished 3-9 and head coach Darrell Hazell, along with his staff, were out the door. Lester began to look for other jobs.“We got fired,” Lester said, “but we almost led the Big Ten in passing, which allowed me to get this job.”When Fleck left for Minnesota after the 2017 Cotton Bowl, Lester hung onto offers to be a coordinator in the Atlantic Coast Conference and a quarterbacks coach for a ranked team. But he wanted to wait it out and see if the job at WMU opened up. He finally had the experience he lacked before when he didn’t get the job in 2012.While Lester addressed his team the night of his signing, Dawn drove past Waldo Stadium on her way to see the kids. It all set in when she saw a message on the video boards in bright, bold letters.It read: “Welcome home Tim Lester.” Commentslast_img read more

Mom, Guard to Blame for Shooting of Children During Miami Robbery

first_imgAdditionally, Hialeah Police detectives arrested and questioned Morales and Pupo on Tuesday.They asked Morales why he decided to fire his weapon, and obtained a surveillance video of the shooting that corroborated his statement.Detectives reported Morales “charged the firearm while in pursuit” of the alleged thief and “discharged one round into the vehicle as it fled eastbound on West 17th Street.”They reported that Pupo knew about the plan to steal seafood from the market, and was supposed to earn about $30 after selling it.Her criminal record in Miami-Dade County, which goes back to 2006, includes burglaries, robberies, and theft cases.Pupo admitted to waiting in the car with the girls and “placing the victims in danger during the commission of a crime,” police added.Detectives identified the man accused of stealing the lobster as Steadman Amaya. He is a convicted felon with a long criminal record in Miami-Dade County.Miami-Dade corrections officers booked Morales and Pupo on Wednesday at the Turner Guilford Knight Correctional Center. Detectives are now searching for 39-year-old Amaya, whose convictions include uttering forged bills, grand theft of a motor vehicle and burglary.Meanwhile, Morales faces two counts of attempted manslaughter with a deadly weapon and one count of shooting a deadly missile, while Pupo is charged with two counts of child neglect and petit theft. Authorities have made a break in the case of two children who were shot in Hialeah on Tuesday.After a 6-year-old girl was shot, detectives said that three adults were responsible. They arrested a 50-year-old security guard and the girl’s 32-year-old mother, and are still searching for another man.Leonardo Morales was working as a security guard on Tuesday at the Rey Chavez Distributor in Hialeah, when he suddenly saw a man running with about $200 in lobster tails.Morales fired his weapon as the man got into a car and drove away.Two girls were also in the getaway car.A 6-year-old girl was shot in her right knee, while her 8-year-old sister suffered a cut in her right thigh after a window shattered, according to police.Their mother, Angela, Pupo, arrived at a local hospital with both children still in their blood-stained clothes.She told Miami-Dade Police Department officers they had been the victims of a drive-by shooting in Brownsville.Officers said that Pupo blamed two Black men for the incident.When officers were unable to find shell casings or witnesses of the alleged shooting, Pupo told them the shooting took place in Hialeah.Detectives later discovered that the car which 32-year-old Pupo drove to the hospital had been involved in the theft at the market, which is located at 780 W 17th St.Police have taken the Toyota Corolla as evidence.last_img read more

Remembering Thandi Klaasen, South African singer 1931-2017

first_imgLegendary South African jazz singer Thandi Klaasen died on 15 January 2017 after a short battle with pancreatic cancer. The news was announced by her daughter, jazz singer Lorraine Klaasen, who lives in Canada.Legendary South African jazz singer Thandi Klaasen died on 15 January 2017. In a career spanning over 50 years, from performing as a child on Sophiatown street corners to singing on the stages of London’s West End, her distinctive worldly rasp was a hallmark of the South African jazz sound. (Photo: YouTube)CD AndersonAs one of the country’s foremost singers, Klaasen was comfortable in a number of genres, from big band and intimate songbird jazz to more traditional as well as modern African music.She was best known for her breakout role in the Sophiatown musical King Kong, performing alongside other South African music legends such as Hugh Masekela, Abdullah Ibrahim and Kippie Moeketsi. Klaasen was in the original South African production and reprised her role in the hugely popular London West End production in 1961.Growing up the Johannesburg suburb of Sophiatown, she was the daughter of a shoemaker and a domestic worker. As a child, she sang and danced in various church choirs; later – in the 1950s – becoming a street performer. As a teenager, Klaasen was attacked with acid, leaving her with permanent facial scarring.While the injury severely affected her singing voice, it did not stop her from achieving her dream of becoming a professional singer. Instead, she used it as a positive and developed her distinctive world-worn rasp. Despite her circumstances, she persevered in forging a remarkable career as a singer. Speaking of that time, Klaasen recalled: “Even if people in the street make you feel like you have leprosy or like you’re dirty… you must be strong.”Beginning her professional singing career with a number of local jazz groups, Klaasen met King Kong creator Todd Matshikiza when she was with the Harlem Swingsters.She performed regularly with other jazz greats of the era, including Dolly Rathebe, Miriam Makeba, Dorothy Masuku and Sophie Mgcina. Following the King Kong years, Klaasen went on to perform around the world for more than 40 years, alongside top international artists such as Roberta Flack and Patti Labelle.On news of her death, South African Arts and Culture Minister Nathi Mthethwa tweeted: “We are saddened to learn that jazz legend Thandi Klaasen has passed on. (She) will be remembered for her indomitable spirit, who succeeded against all odds… her silky smooth voice serenaded audiences the world over. How much richer we are having heard her sing. How much she touched our spirits and made us complete beings in a world in which things were falling apart.”For “her excellent achievement in and contribution to the art of music”, Klaasen was awarded South Africa’s Order of the Baobab (Gold) in 2006. She also won a number of South African music awards and lifetime achievement accolades throughout her career, including the Standard Bank Joy of Jazz Lifetime Achievement award in 2013 and an MTN South African Music Award. She also received a Woman of Distinction award from the Canadian government in 1999 for her tireless dedication to the anti-apartheid struggle.Klaasen married, became a mother and lived in Canada for most of the 1970s and 1980s; however, in 1994 she returned to live and perform in South Africa permanently, reliving her humble beginnings in her beloved Sophiatown.Her life and work was an inspiring mix of determination, joy and beauty, rising above limitation and setback to beat the odds and reach the top of her art.Source: Wikipedia, News24, South African History Online Would you like to use this article in your publication or on your website? Visit the Brand South Africa resources page for more information.last_img read more

JackBe Bringing Internal App Stores to Enterprises

first_imgCognitive Automation is the Immediate Future of… Tags:#enterprise#news#Products#Real-Time Web IT + Project Management: A Love Affair Massive Non-Desk Workforce is an Opportunity fo… klint finleycenter_img Related Posts 3 Areas of Your Business that Need Tech Now JackBe is releasing technology to allow enterprises to to create their own internal “app stores” on June 30. Complementing JackBe’s existing line of mashup and app making tools, the JackBe App Store will enable users to share the AJAX apps they’ve created with other uses within the enterprise. The apps are portable and can run as standalone apps, on dashboards, in Sharepoint, on mobile devices, and pipe data into Excel.JackBe’s tools, such as Presto Wires and Mashboard, enable the creation of mashups and simple custom apps by end-users without the need for the IT department to get involved, thus speeding up development and deployment. The tools are designed with security and compliance in mind and run inside the firewall, so enterprise-ready applications can be created on the fly.The company says a major publishing house uses JackBe products to map items from their inventory to current trending search terms from Yahoo! and other sources of real-time data. The publishing house’s marketing team uses this information to create timely web marketing campaigns by on current events.The JackBe App Store aims to improve the sharing of these sorts of custom apps within the enterprise by allowing app creators to share their creations across silos or within departments. End-users can then easily modify the apps – by adding or removing data or changing the way it’s visualized.In 2008 Forrester estimated the market for enterprise mashups would reach $700 million by 2013. Other companies competing for a chunk of this market include Dapper, Kapow, Kivati and Mindtouch.last_img read more

Carroll’s 24 points lead Nets over struggling Grizzlies

first_imgKammuri turning to super typhoon less likely but possible — Pagasa CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA While the Grizzlies were grousing, the Nets were celebrating, at least for one night, after snapping a three-game losing streak.DeMarre Carroll scored a season-high 24 points and Trevor Booker added 16 points and 11 rebounds. Joe Harris finished with 13 points for the Nets, who used a third-quarter spurt to put away the Grizzlies.The teams were tied at 47 at the break, but the Nets opened the second half with a 22-6 run, looking much more fluid on offense than in the opening half. Brooklyn connected on nine of its first 15 shots to build the lead, outscoring the Grizzlies 32-18.“We came out in the second half and got two big stops, scored,” Brooklyn coach Kenny Atkinson said. “We picked up our energy in the second half. The first part of the third quarter, that’s where I thought the game turned.”Memphis was able to get back in the game to open the final period, composing a 12-3 run. Memphis got the deficit to five points, but the Brooklyn lead was too much to overcome.ADVERTISEMENT Brooklyn Nets forward Trevor Booker (35) reacts after dunking the ball in the second half of an NBA basketball game against the Memphis Grizzlies, Sunday, Nov. 26, 2017, in Memphis, Tenn. (AP Photo/Brandon Dill)MEMPHIS, Tenn. — The misery remains for the Memphis Grizzlies, and friction seems to be building in the locker room.Memphis dropped its eighth straight on Sunday in a 98-88 loss to the Brooklyn Nets. The Grizzlies made a fourth-quarter dent in a Nets lead that stretched to 19, all while center Marc Gasol was in a warmup on the bench. Despite matching Tyreke Evans for the team lead with 18 points, Gasol, who leads the team in scoring, rebounds and assists, wasn’t called on to play in the final period.ADVERTISEMENT LATEST STORIES Don’t miss out on the latest news and information. And he wasn’t pleased.“I do not know the why,” Gasol said of not playing down the stretch, later adding: “It’s a first for me, trust me, and I don’t like it one bit. I’m more (ticked) than I can show and frustrated.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutSpeaking before Gasol, Memphis coach David Fizdale said his decision was based on the reserves playing well and cutting into the Brooklyn lead. He said not much has worked for the team during the skid, particularly Sunday, when the Grizzlies gave up the lead in a poor third quarter.Asked about Gasol’s reaction about not playing down the stretch, Fizdale said: “We’ll address it if it needs to be addressed, but it was a pretty simple decision what I did. It’s nothing against him. I’m trying to win a game. I’m desperate.” Gilas size key vs Taipei Grizzlies: Visit San Antonio on Wednesday. QC cops nab robbery gang leader, cohort Brace for potentially devastating typhoon approaching PH – NDRRMCcenter_img Chief Justice Peralta vows to lead by example, bares 10-point program PLAY LIST 02:02Chief Justice Peralta vows to lead by example, bares 10-point program00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Stronger peso trims PH debt value to P7.9 trillion MOST READ “We wanted to get out in transition and make them run,” Harris said, “and I thought we did better at that in the second half.”TIP-INSNets: Harris started in Allen Crabbe’s place. … Carroll’s previous season high was 18 on Oct. 25 against Cleveland. … The Nets shot 45 percent from the field, breaking a string of surpassing 50 percent the last two games and three of the previous four. … The Nets had 19 assists, breaking a streak of at least 24 assists in their last five.Grizzlies: Memphis had not lost eight straight since a similar skid from Feb. 11-March 3, 2009. … The team announced that Chandler Parsons tweaked his knee and did not return in the second half. The team characterized it as a precautionary move.MORE INJURY TROUBLESThe Nets, who already were without D’Angelo Russell and Jeremy Lin with long-term injuries, had more setbacks. Crabbe, who was going to start, was a late scratch with a sore lower back. Then in the second quarter, Rondae Hollis-Jefferson went down with a right ankle sprain. “It’s unfortunate that we have so many injuries right now, but that’s why we have 15 guys on the team,” Booker said.MORE MARC MUSINGSGasol spent a lot of time answering questions about the fourth-quarter situation in the Grizzlies locker room. Even after the team’s public relations staff asked if everyone was finished, Gasol said he was willing to keep talking, expressing his displeasure about the situation. “I’m just as competitive as anybody,” he said. “I hate not playing. That’s what I value the most. If I’m not on the floor, I’m not valued. I’m sure (the coaching staff) knew that would hurt me the most.”UP NEXTNets: Visit Houston on Monday. Typhoon Kammuri accelerates, gains strength en route to PH Japan ex-PM Nakasone who boosted ties with US dies at 101 Read Next Cayetano: 4 social media groups behind SEA Games ‘sabotage’ View commentslast_img read more

Missouri Man Arrested For Posting Threats On Yik Yak Towards Mizzou Students

first_imgyik yak app logo.Twitter/@EMichiganEagles The issues at Missouri continue to escalate, following the resignation of system president Tim Wolfe after a string of racially-charged incidents across the Columbia campus spurred large-scale protests by students. Things took a frightening turn on Tuesday night, when a local man posted terroristic threats towards black Mizzou students on the anonymous messaging app Yik Yak. Warning: some of the posts contain explicit language.University of Missouri police arrest suspect for posting online threats https://t.co/Beq5jfNSIK pic.twitter.com/8baXsfJXTu— Mary Georgantopoulos (@marygeorgant) November 11, 2015Update on Missouri University: Anonymous posts death threat towards black students on Yik Yak!#ConcernedStudent1950 pic.twitter.com/cIZGhhfFib— Ray Warren Symposium (@rwsymplc) November 11, 2015screenshotted this before it got removed #Mizzou pic.twitter.com/tK2MjCRvM9— Lara Haft (@badpriestess) November 11, 2015Early this morning, a local 19-year-old man was arrested for allegedly making the threatening posts, though it has not yet been confirmed that he was the poster. According to reports, he is not a Mizzou student, and was not near campus when the messages were posted.19-year-old Hunter M. Park for making terrorist threats towards the Mizzou campus on social media. pic.twitter.com/wx5YcjqhmW— Goldie Taylor (@goldietaylor) November 11, 2015Have apprehended suspect who used multiple accts to threaten @Mizzou students. He was never physically near campus @MUalert— R. Bowen Loftin (@bowtieger) November 11, 2015The school sent out this email to students this morning.#Mizzou sent this email to students this morning. pic.twitter.com/PvbiK4YwJp— Brandon Kiley (@BKSportsTalk) November 11, 2015We hope these issues pass, and Missouri proves to be a safe, inclusive place for all students soon enough. Please stay safe, everyone.last_img read more

Equifax takes down customer service web page after malicious content found

first_imgTORONTO – Equifax Inc. is reporting that a third-party vendor the credit rating agency uses to collect performance data on its U.S. Equifax website was serving malicious content.“Since we learned of the issue, the vendor’s code was removed from the webpage and we have taken the webpage offline to conduct further analysis,” an Equifax spokesperson said in an emailed statement Thursday.“Equifax can confirm that its systems were not compromised and that the reported issue did not affect our customer dispute portal.”Earlier Thursday, Equifax Canada said its U.S. parent company was temporarily taking down one of its customer services pages amid reports that hackers had allegedly altered Equifax’s credit report assistance page so that it would send users malicious software disguised as Adobe Flash.“We are aware of the situation identified on the equifax.com website in the credit report assistance link,” Equifax Canada spokesman Tom Carroll said in an emailed statement.“Our IT and security teams are looking into this matter, and out of an abundance of caution have temporarily taken this page offline.”Carroll did not respond to direct questions about any potential breach to Equifax Canada’s website.The news comes as Equifax Inc. continues to deal with the aftermath of a cyber breach earlier this year which allowed the personal information of 145.5 million Americans, and 8,000 Canadians, to be accessed or stolen.Since news of Equifax’s massive data breach broke last month, the company is facing investigations in Canada and the U.S., as well as at least two proposed class actions filed in Canada.The massive data breach has also led to a number of high-profile departures at the Atlanta-based consumer credit reporting agency, including its chief executive, chief information officer and chief security officer.In early October, Equifax revised the number of consumers potentially impacted in the breach — bumping up the total in the U.S. to 145.5 million and reducing the number in Canada from an estimated 100,000 to 8,000.For these Canadian consumers, Equifax says the information that may have been accessed includes name, address, social insurance number and, in “limited cases” credit card numbers.On its website, Equifax’s Canadian division says it has not yet mailed out any notices and made clear it would not be making any unsolicited calls or emails about the issue.In September, Equifax reported that its investigation had shown that hackers had unauthorized access to its files from May 13 to July 30. Equifax Canada said at the time it was working closely with its parent company Equifax Inc. and an unnamed, independent cybersecurity firm conducting the ongoing investigation.The cyberattack occurred through a vulnerability in an open-source application framework it uses called Apache Struts. The United States Computer Readiness team detected and disclosed the vulnerability in March, and Equifax “took efforts to identify and to patch any vulnerable systems in the company’s IT infrastructure.”— With files from The Associated Press.last_img read more