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ASOS Stock Falls 9.6% After Hackers Send Ransom Demand to Millions of App Users
ASOS confirms hackers sent threatening app notification to millions of customers on October 6. Basic personal data may have been accessed, but payment details are secure. Stock fell 9.6% as company investigates.
Clarkson Blasts UK Business Climate at Tory Conference, October 7
Jeremy Clarkson told the Conservative Party conference that rising taxes and costs make starting a UK business unviable, revealing plans to open his next pub overseas instead.
Citi Raises AMD Target to $800 on Meta Muse CPU Boom, October 7
Citi analyst raises AMD price target 39% to $800 after Meta Muse launch. CPU market seen expanding to $300B by 2030. AMD stock hits record high at $649.42.
EU Proposes Eight New Members by 2028; Germany Pumps Brakes on Expansion
EU Commission proposes admitting eight new member states by 2028, but Germany, France, and others demand strict safeguards. Montenegro could join by 2028, Ukraine by 2030.
Greens Propose $25bn Plan to Nationalise 200 Coles and Woolworths Stores
Greens propose $25bn plan to nationalise 200+ Coles and Woolworths supermarkets and open 424 public stores called Fair Go Grocers, claiming savings of 22% on average grocery bills.
Suboo Fashion Label Collapses into Liquidation with $655k Debt
Suboo, the Australian fashion label worn by Gigi Hadid and Kendall Jenner, has collapsed into liquidation with $655,000 in debts after 14 years in business.
Australian Soldier Dies in Mount Bundey Training Rollover; Five Injured
Australian Army Corporal Brendan Hannam, 28, killed in vehicle rollover at Mount Bundey training area in Northern Territory. Five soldiers injured. Second military training death in 2026.
ASOS Stock Plunges 14% After Hackers Send Ransom Demand via App
ASOS shares fell 14% after hackers sent customers a ransom demand via push notification on October 6. The company says payment data was not affected and its website remains operational.
GMO Research & AI Loses 950,000 Records in Cyberattack; Points Stolen
GMO Research & AI confirms 950,000 personal records leaked via infoQ survey site; 2.87 million yen in points stolen. Company will reimburse all fraudulent exchanges.