Equifax Inc. has insisted that three executives who sold off over a million dollars in shares just days after news of a massive hack of 143 million Americans’ financial data spread internally were not aware of the breach when they made the sales.
Earlier today, a press release was floating around that claimed Google had bought Wi-Fi hotspot company ICOA for $US400 million. It was bogus, but many bought it. So what gives? Why would someone do this? Probably to make a killing on stocks.
That Apple PowerBook G3 250 you bought back in 1997 may have some nostalgic value, sure, but if you had simply bought up some Apple stock instead you’d be sitting on real value, to the tune of about $US330,563.