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Money

Massive cost of MGM hack laid bare

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MGM Resorts International fell victim to a devastating computer hacking incident that paralyzed several of its casino and hotel services, ultimately costing the company a staggering $100 million in lost profits.

This high-profile cyberattack has sent shockwaves through the hospitality and gaming industry.

The breach, which occurred last week, left MGM Resorts scrambling to restore its compromised systems and services. Guests were met with chaos as check-in and check-out processes were disrupted, reservations vanished, and key amenities like restaurants and entertainment venues experienced operational hiccups. The casino giant’s online platforms also faced downtime, hindering the experience for its virtual gaming enthusiasts.

Cybersecurity experts were called in immediately to investigate the breach’s origins and extent. Preliminary findings suggest that sophisticated hackers infiltrated MGM Resorts’ network, potentially accessing sensitive guest information. While the company has assured guests that no financial data was compromised, the breach has raised concerns about the safety of personal information.

MGM Resorts’ stock price plummeted following the attack, and the company is now working tirelessly to regain the trust of its customers and investors.

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Money

Nvidia surpasses Microsoft as the most valuable company in the world

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Nvidia has emerged as the world’s most valuable company, surpassing Microsoft with a market value of over $3.3 trillion.

This shift comes on the heels of Nvidia’s consistent growth in the semiconductor sector and its strategic advancements in artificial intelligence and gaming technologies.

This milestone marks a significant validation of Nvidia’s aggressive expansion and innovation strategies under CEO Jensen Huang, who has steered the company towards dominance in high-performance computing.

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Money

Finance expert empowers his social audience with accessible wealth tips

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The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

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Money

It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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