In Snap Inc.’s Tumble, Start-Ups See a Warning From Wall Street
Snap’s turbulent first few months as a public company are sending a cautionary signal to start-up founders thinking of taking their companies public.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Snap’s turbulent first few months as a public company are sending a cautionary signal to start-up founders thinking of taking their companies public.
James B. Comey’s associates say he now believes his unwillingness to pledge personal loyalty led President Trump to fire him as the F.B.I. director.
The expected resignation of the correction commissioner comes amid revelations about mismanagement and dysfunction.
James E. Staley has brought vitality to the troubled bank, but two episodes have given rise to shareholder protests and multiple investigations.
The wealth holdings in the city-state are rising as Switzerland shares more banking information, but scandals have prompted a crackdown.
Music on My Birthday
The Top 50 albums for the chart week of May 10, 2017, covering May 12, 2017.
Kendrick Lamar
Drake
Ed Sheeran
Incubus
Bruno Mars
2017Mauno Koivisto, Finnish banker and politician, ninth President of Finland (born 1923)[†]
Mauno Henrik Koivisto was a Finnish politician who served as the ninth president of Finland from 1982 to 1994. He also served as the country's prime minister twice, from 1968 to 1970 and again from 1979 to 1982. He was also the first member of the Social Democratic Party to be elected as President of Finland.
2017The WannaCry ransomware attack impacts over 400,000 computers worldwide, targeting computers of the United Kingdom's National Health Services and Telefónica computers.[†]
The WannaCry ransomware attack was a worldwide cyberattack in May 2017 by the WannaCry ransomware cryptoworm, which targeted computers running the Microsoft Windows operating system by encrypting data and demanding ransom payments in the form of Bitcoin cryptocurrency. It was propagated using EternalBlue, an exploit developed by the United States National Security Agency (NSA) for Microsoft Windows systems. EternalBlue was stolen and leaked by a group called The Shadow Brokers (TSB) a month prior to the attack. While Microsoft had released patches previously to close the exploit, much of WannaCry's spread was from organizations that had not applied these patches, or were using older Windows systems that were past their end of life. These patches were imperative to cyber security, but many organizations did not apply them, citing a need for 24/7 operation, the risk of formerly working applications breaking because of the changes, lack of personnel or time to install them, or other reasons.
In 2017, the world population was approximately 7,645,617,954 people[†]