⏱Apple is making what?
Everyone gets hacked, and Biden gets vaccinated
¡Hola amígos! We hope you’re all having a terrific Tuesday, and enjoying yourself as the year rounds down.
After the market closed yesterday evening, Peloton announced that they were acquiring fitness manufacturer Precor in a deal worth $420M. This deal, which will become official in 2021, allows Pelton to utilize Precor’s 625k sq. ft. of manufacturing space to help handle demand. Investors were stoked about the opportunities with this deal, and the stock was up over 9% after hours.
On the same day that the largest EV maker (by market cap) was added to the S&P 500, Reuters reported that the Apple Car is still full speed ahead in Cupertino. Reportedly, Apple is currently pursuing a manufacturing partner, and wants to produce the first parts by Q2 2021, with a final release date somewhere in 2024. Nothing is certain yet, but this is the most concrete data that’s ever been released on the subject.
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Yesterday, Joe Biden took a trip to ChristianaCare Hospital in Delaware and got the first of two shots for the Covid vaccine... on live TV. This was done in an effort to show to the public that the vaccine is safe, and in a statement after the fact he said, “There’s nothing to worry about. I’m looking forward to the second shot. So is Jill.”
During an analysis done by the WSJ, they confirmed 24 different organizations that had installed software associated with the Russian hack of SolarWind. These companies ranged from Cisco and Intel to Deloitte and VMware to Kent State University and California hospitals. Those are only the confirmed cases though — potentially more than 18,000 of SolarWinds’s customers may have been infected with the malicious code.
We’re not exactly sure how this happened, but a paraglider dressed as Santa Claus landed in power lines in California, and was stuck there for more than an hour until a fireman could rescue him safely. We hope that’s not a sign for how Christmas will go.
Have a great rest of your day, and we’ll see you tomorrow bright and early!
-The 90 Second News Team
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