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Yahoo
27 minutes ago
- Yahoo
Trump says he has 'a group of very wealthy people' to buy TikTok
President Donald Trump has said he has a buyer for TikTok, the video-sharing app that was banned in the US amid claims it posed a national security risk. In a Fox News interview, Trump said he had a group of "very wealthy people" willing to acquire the platform. "I'll tell you in about two weeks," he teased. A sale would need approval from the Chinese government, but Trump told Fox he thought President Xi Jinping "will probably do it". This month Trump delayed for a third time the enforcement of a law mandating TikTok's sale. The latest extension requires parent company ByteDance to reach a deal to sell the platform by 17 September. The BBC has contacted TikTok for comment. A previous deal to sell TikTok to an American buyer fell apart in April, when the White House clashed with China over Trump's tariffs. It is not clear if the current buyer Trump has lined up is the same as the one who was waiting in the wings three months ago. The US Congress passed a law forcing TikTok's sale in April last year, with lawmakers citing fears that the app or its parent company could hand over US user data to the Chinese government, which TikTok denied. Trump had criticised the app during his first term, but came to see it as a factor in his 2024 election win and now supports its continued use in the US. The law was supposed to take effect on 19 January, but Trump has repeatedly delayed its enforcement through executive actions, moves that have drawn criticism for overruling congressional lawmakers. TikTok challenged the constitutionality of the law, but lost its appeal to the US Supreme Court. Trump confirms further delay to TikTok ban or sale deadline
Yahoo
28 minutes ago
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Why Rocket Lab Stock Skyrocketed This Week
The S&P 500 index hit a new record high this week, and so did Rocket Lab stock. Rocket Lab announced that it had entered into a contract to provide two satellite launches for the European Space Agency. The company also launched two of its Electron rockets this week and marked its fastest-ever consecutive launches. 10 stocks we like better than Rocket Lab › Rocket Lab (NASDAQ: RKLB) stock soared this week thanks to a combination of bullish catalysts. The space-tech company's share price climbed 17.8% from the previous Friday's market close in a stretch that saw the S&P 500 index rise 3.4% and set a new record high. Strong bullish momentum shaped the broader market this week as the new ceasefire between Israel and Iran lessened geopolitical volatility and investors bet that the Federal Reserve is poised to take a more dovish stance on interest rates. Rocket Lab stock also got a boost from new rocket launches and rising excitement surrounding defense applications within the space industry. In addition to the bullish backdrop for the broader market, some major business-specific news pushed Rocket Lab's valuation higher this week. As with the S&P 500, the company's stock hit a new record in this week's trading. Rocket Lab announced on Wednesday that it won a new contract with the European Space Agency (ESA) for two satellite launches. The first of the launches could take place as early as December, and the ESA said that it had selected Rocket Lab for the missions because rapid turnaround time for the initiatives was a key priority. Rocket Lab published a press release on Thursday announcing that it had successfully completed the launch of its 67th Electron rocket, which carried four satellites into low-Earth orbit for HawkEye 360 -- a provider of geospatial analytics. The company followed it up with the 68th successful Electron launch on Saturday, marking its fastest-ever turnaround between launches. The space-tech specialist now has a market capitalization of roughly $16.3 billion and is valued at approximately 28.5 times this year's expected sales. While the company's growth-dependent valuation creates potential for downside volatility, the business does appear to be scoring some big wins and is scaling rapidly. Before you buy stock in Rocket Lab, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Rocket Lab wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Rocket Lab. The Motley Fool has a disclosure policy. Why Rocket Lab Stock Skyrocketed This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
33 minutes ago
- Yahoo
New PayPal scam uses real emails to trick you
There's a new PayPal phishing scam making the rounds, and it's so convincing that even security-conscious users are getting caught in it. Unlike typical scams riddled with typos and fake domains, this one uses PayPal's own email system to send you an alert that looks 100% real. You might get a message like, "You added a new address. This is just a quick confirmation that you added in your PayPal account." Except … you didn't. And what if you don't even have a PayPal account? Here's what this scam entails, why it works and how to protect yourself. Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide — free when you join. Fake Venmo Accounts Are Stealing Donations From Real Charities Most phishing scams try (and fail) to impersonate big companies. You've probably seen the classics: weird grammar, suspicious email addresses, Microsoft spelled with a "k". They're laughably bad. But this scam flips the script because it uses PayPal against you. Here's how the scam operates: Read On The Fox News App Exploiting real features: Scammers abuse PayPal's "add address" or "money request" tools. By entering your email, they can trigger real emails from PayPal's real domain. And this works even if you don't have a PayPal account. Bypassing filters: Because these emails come directly from PayPal's servers (service@ they pass all security checks and appear legitimate in your inbox. Lack of suspicion: Some versions contain no phishing links at all, just a scammer's phone number, making them even harder to detect. Panic bait: The message often claims a new address was added, or a large payment is being processed, getting your attention and provoking a quick reaction. Follow-up attacks: After the initial email, scammers may later contact you pretending to be PayPal support. Some urge you to click a link to "secure your account", which leads to a fake login page designed to steal your credentials. The Dark Side Of Paypal And How To Stay Safe This scam has been reported by dozens of users on Reddit and cybersecurity forums. One Reddit user posted a detailed thread in r/Scams showing screenshots of phishing emails that look like they came straight from PayPal's official address. In a newer and more sophisticated twist, scammers are removing links altogether. Instead, they include a phone number and ask you to call. Once you do, you're connected with a fake PayPal representative who says they need to verify your identity. They then instruct you to download what appears to be a PayPal-branded support tool, but really it's a customized remote access app hosted on a different server. And once it's installed, it gives the scammer full access to your device. New Phishing Scam Outsmarts Security Codes To Steal Your Info This part is still a bit of a mystery. With typical PayPal invoice scams, content is tightly controlled, which means you normally can't change the email structure or messaging. However, these new emails suggest that scammers may be exploiting internal features, like business tools or API fields, to sneak custom content into PayPal-generated alerts. It's not just phishing, it's weaponizing a legitimate system to create trust and evade detection. This scam is especially effective and dangerous because the emails come directly from PayPal's official servers, making it difficult to distinguish them from legitimate messages. Since the sender address and branding are authentic, recipients are more likely to trust the communication without suspicion. The scammers also use urgent language that creates a sense of panic, such as warnings about unauthorized activity or large charges. This pressure encourages people to act quickly and often before fully considering whether the alert is genuine. Additionally, the scam often involves follow-up contact through calls or texts from individuals posing as PayPal personnel, further exploiting the initial confusion and increasing the chances of victims giving up sensitive information. How To Protect Yourself From The Venmo, Zelle, And Cash App Scam That Can Wipe Out Your Savings In Seconds Even if you're vigilant, you can still be targeted. Here's how to stay safe: 1. Don't click links in suspicious emails, even if they look real, and use strong antivirus software. If you receive a PayPal alert you didn't expect, go to PayPal by typing into your browser or using the official app. Never click links or dial phone numbers provided in the email. The best way to safeguard yourself from malicious links that install malware, potentially accessing your private information, is to have antivirus software installed on all your devices. This protection can also alert you to phishing emails and ransomware scams, keeping your personal information and digital assets safe. Get my picks for the best 2025 antivirus protection winners for your Windows, Mac, Android and iOS devices. 2. Enable two-factor authentication (2FA): Adding 2Fa to your PayPal and email accounts gives you a second layer of defense even if your password gets compromised. 3. Use a password manager: Using a password manager is the best way to ensure every login you use has a unique, strong password. No repeats means no chain reaction if one site gets hacked. Get more details about my best expert-reviewed Password Managers of 2025 here. 4. Check your account manually: If you're ever in doubt, just log into your PayPal account directly. Review recent activity and see if anything looks off. There is no need to rely on alerts alone. 5. Report the scam: Forward suspicious PayPal messages to phishing@ You can also report phishing attempts to the FTC. 6. Use a personal data removal service: Since phishing scams like the recent PayPal scam often target personal information that scammers gather from data brokers and people search sites, using a reputable data removal service can help reduce your exposure. Check out my top picks for data removal services here. Get a free scan to find out if your personal information is already out on the web. This phishing scam is dangerous because it uses real PayPal emails sent from service@ Scammers exploit PayPal's built-in features to send real notifications that look legitimate. What makes it especially sneaky is the absence of links, Instead, these emails include a phone number, making them more likely to pass through spam filters. When you call, you're connected to a fake PayPal rep who pressures you into downloading a remote access tool disguised as support software. The safest move? Don't click, don't call. Just go straight to and check your account manually. If you've seen a version of this scam (or nearly fell for it), let us know by writing us at For more of my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading to Ask Kurt a question or let us know what stories you'd like us to cover Follow Kurt on his social channels Facebook YouTube Instagram Answers to the most asked CyberGuy questions: What is the best way to protect your Mac, Windows, iPhone and Android devices from getting hacked? What is the best way to stay private, secure and anonymous while browsing the web? How can I get rid of robocalls with apps and data removal services? How do I remove my private data from the internet? New from Kurt: Try CyberGuy's new games (crosswords, word searches, trivia and more!) CyberGuy's Exclusive Coupons and Deals Copyright 2025 All rights article source: New PayPal scam uses real emails to trick you
