Company
Medtronic is a global medical device maker producing pacemakers, insulin pumps, surgical tools, and other healthcare technology.
Precision Neuroscience raised $250 million at just over a $1 billion valuation, $42.5 million of it from Bill Ackman's Pershing Square and his institute. The other $207.5 million came in undisclosed amounts, so the round names its generalist investors without showing what they paid.
Reality
A network outage has blocked order processing and shipping since August 25, with no restoration date. The exposure lands in operating rooms as much as in the vendor's incident response room.
Perspective Coverage
8 publishersReality
The device maker told regulators that an August 25 intrusion halted order processing and manufacturing, and the next company figure on the year comes with third-quarter results on October 28, 64 days after the incident was identified.
Reality
UnitedHealth says it will vigorously contest IRS notices covering 2017 through 2020. Coca-Cola's $529 million reserve against a possible $20 billion bill shows why disclosure is not sizing.
Reality
ShinyHunters says it voice-phished a RingCentral employee. The vendor sells business telephony, and its core platform never broke. The control that failed was a person.
Reality