Eric Jiang, a 29-year-old entrepreneur, is seeking donations to help save his elderly parents’ home after they had fallen victim to an online investment scam. About the scam: In an interview with NextShark, Jiang shared that his 78-year-old father, Amos, and 73-year-old mother, Yan, fell into what is now being investigated as a nationwide scam that targets victims for high-level investments in an allegedly fictitious company called "UpUp Fashion" in New York City. What happened: According to Jiang, the scammers initially contacted his father on Aug. 3, claiming that a friend had suggested him as a potential tour guide or advisor on living in the U.S. Despite Amos' initial denial, they allegedly continued trying to befriend him, leading to conversations on WeChat and Line.
Cybersecurity firm SentinelOne on Tuesday forecast third-quarter revenue above Wall Street estimates and raised its annual revenue outlook, as cybersecurity spending remains strong. Firms have prioritized expenditure on cybersecurity, as sticky inflation and high interest rates forced them to cut back on spending elsewhere. "We're seeing strong demand for our cloud security and data (leak) solutions which combined grew triple digits," CEO Tomer Weingarten said on an earnings call, adding that its mainstay Singularity Platform continued to attract customers.
A fan died at Golden 1 Center in Sacramento while attending Monday's NBA in-season tournament quarterfinal game between the New Orleans Pelicans and Sacramento Kings.