A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning

A Silicon Valley executive had 0,000 stolen by cybercriminals while buying a home. Here’s her warning

Key Points

Rana Robillard, chief people officer at software startup Tekion, was tricked into sending her life savings to a criminal.
What happened to Robillard, a 25-year veteran of tech companies, speaks to the increasingly sophisticated nature of cybercrime.
Real estate, with its large transaction sizes and frequent use of wire transfers, has proven to be an especially lucrative target for criminals.

Source

Finance

Saba Capital finds little appetite for tender offer of shares in Blue Owl, Starwood private credit funds

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Key Points In March, Saba offered liquidity to investors who were locked in Blue Owl Capital Corporation II, a non-traded private credit fund, at a 35% discount. Investors in Starwood Real Estate Income Trust were also made a similar offer at a 24% or 29% discount, based on the share class. On Monday, Saba said […]

Finance

Stocks making the biggest moves after hours: LendingClub, Nucor, Rambus, Bed Bath & Beyond and more

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Check out the companies making headlines after the bell : Bed Bath & Beyond — The home goods retailer surged 31% after reporting first-quarter revenue of $247.8 million, beating the $240.1 million analysts polled by FactSet had expected. The company also posted an adjusted loss of 25 cents per share, narrower than the 28-cent loss […]

Finance

Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era

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