Tesla’s Shanghai Snag | Collegiate Cyber Threat | Where Face Masks Are Still Required

Plus: Why Former NBA Star Al Harrington Is Building a $100 Million Team of Black Cannabis Entrepreneurs

Good morning.

Tesla reports its first-quarter results today, just as lockdown restrictions that impacted production at its Shanghai facilities are being lifted. We’re also looking at the real cost of cyber attacks for an educational institution and which companies keep requiring face masks despite the end of the federal mandate. Finally, don’t miss this story about how a former NBA star who became one of the few Black CEOs in the legit cannabis industry is planning on supporting many more Black cannabis entrepreneurs.

In The News Today

Ukraine plans to evacuate around 6,000 people from the besieged city of Mariupol, which has been strenuously resisting Russian attacks. 

A British judge issued an order to extradite WikiLeaks founder Julian Assange to the United States where he faces espionage charges.

Top Take-Aways

Higher education institutions have historically underfunded cybersecurity efforts, which make them easy prey for cyber criminals. For one private college in Illinois, a relatively small ransomware attack contributed a final blow to its finances, already affected by the pandemic.

Robinhood shares rose 5% on Tuesday after the popular stock trading app announced the acquisition of London-based cryptocurrency trading app Ziglu, laying the groundwork for an expansion into new markets.

Chinese authorities are easing lockdown restrictions in Shanghai—welcome news for manufacturers like Tesla, whose near-term outlook was likely affected by the lengthy shutdown.

Full-time office mandates are tied to lower work-life balance scores, according to a new survey of 10,000 knowledge workers that highlighted growing disparities in the realities that employees and their bosses face.

A bidding war is brewing for NFL team Denver Broncos, with five reported interested parties. When it comes to purchasing power, one of them stands tall above the rest: Walmart heir Rob Walton, if successful, he would become America’s second-richest sports team owner.

Hours after a federal judge struck down the federal mask mandate for public transportation, the Transportation Security Administration (TSA) announced it will stop enforcing the requirement, but a number of other companies are still requesting customers wear face covering. 

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