
Inside job
When an account gets hacked, social media giant Meta offers little support, spawning a shadowy network of brokers and Meta employees who profit from helping them get back online
Kathryn Blaze Baum
Alexandra Posadzki Financial and cybercrime reporter
The Globe and Mail
Illustration by The Globe and Mail/istock
to view this content.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Vancouver Sun
6 minutes ago
- Vancouver Sun
Vancouver home sales tick 2% lower in July with market 'turning a corner': board
Vancouver-area home sales were down two per cent in July compared with last year, as the city's real estate board says it continues to believe the market is showing early signs of recovery. Greater Vancouver Realtors says residential sales in the region totalled 2,286 last month, down from the 2,333 sales recorded in July 2024 and 13.9 per cent below the 10-year seasonal average. The board's director of economics and data analytics Andrew Lis says the figures confirm that the market has turned a corner after months of slow activity spurred by the Canada-U.S. trade war. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Year-over-year sales were down around 10 per cent in June, roughly half of the decline recorded in May. There were 5,642 newly listed properties on the market in July, a 0.8 per cent increase from last year, as total active listings rose 19.8 per cent year-over-year to 17,168. The composite benchmark price in July was $1,165,300, down 2.7 per cent from a year earlier and 0.7 per cent lower than June.


Globe and Mail
6 minutes ago
- Globe and Mail
Palantir books its first $1 billion in quarterly sales and dodges DOGE axe
NEW YORK (AP) — Shares of Palantir Technologies sailed past previous record highs Tuesday after booking its first $1 billion sales quarter and raising its performance expectations for the year. The stock rose above $170 Tuesday after breaking previous records four times this year in the global artificial intelligence race. The previous high for the stock was set just over a week ago when its stock closed at $158.80. Since going public in 2020 when it posted a $1.17 billion annual loss, the artificial intelligence software company has swung swiftly to a profit and sales are booming. Profit rose 33% to $327 million in the second quarter. Its $1 billion quarterly revenue haul was fueled by a 53% spike in government sales, despite massive spending cuts under President Donald Trump and his Department of Government Efficiency, once led by the world's richest man Elon Musk. 'DOGE has had zero negative impact on Palantir's U.S. government business, which achieved its fastest growth rate since the second quarter of 2021,' wrote William Blair analysts Louie DiPalma and Bryce Sandberg. 'Palantir is clearly benefiting from AI industry momentum across its government and commercial customer bases.' The company also recorded a 93% jump in business sales. Overall U.S. revenue surged 68% to $733 million. Late Monday, Palantir raised its annual revenue expectations to between $4.14 billion and $4.15 billion. It also raised its U.S. commercial revenue guidance to more than $1.3 billion, which would mean that Palantir achieved a growth rate of at least 85%. 'This was a phenomenal quarter,' CEO Alex Karp said in a statement accompanying the earnings release. 'We continue to see the astonishing impact of AI leverage.' Karp believes AI will benefit everyone, saying during a call with industry analysts on Monday that Palantir is, 'bullish on all aspects of American life, including and especially people in the blue collar." He said Palantir wants to 'arm the working class or blue collar workers with AI agency enhancing skills,' and said that the company will reach out to labor leaders to help familiarize workers with the technology. 'People with less than a college education are creating a lot value and sometimes more value than people with a college education using our product,' Karp said. Palantir, headquartered in Denver, specializes in software platforms that pull together and analyze large amounts of data.


CTV News
6 minutes ago
- CTV News
Ottawa police investigating after shots fired in Overbrook
Red and blue lights atop an Ottawa police vehicle are seen in this undated file photo. The Ottawa Police Service is investigating after gunshots were fired overnight in the Overbrook area. Officers responded to the area of Prince Albert and Lola streets at around 12:07 a.m. Tuesday. Shell casings were found at the scene, but no injuries have been reported. Anyone with information is asked to call the Ottawa police Guns and Gangs Unit at 613-236-1222, extension 5050. Anonymous tips can be submitted to Crime Stoppers at 1-800-222-TIPS (8477) or online at