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Alphabet loses $428B after stock plummets; Binance's colossal $6.3B hack

Alphabet loses $428B after stock plummets; Binance's colossal $6.3B hack

Summary

A CBS News segment says Alphabet, Google’s parent company, lost $428 billion in value after a sharp stock decline. It also claims hackers stole $6.3 billion from cryptocurrency exchange Binance, but the supplied text gives no details to support or explain that claim.

Key Facts

  • The segment describes Alphabet’s stock decline as historic.
  • It says Alphabet lost $428 billion after the decline.
  • The segment identifies Alphabet as Google’s parent company.
  • It claims hackers stole $6.3 billion from Binance.
  • The segment calls the alleged Binance theft the largest bank heist in history.
  • The supplied text does not give the date, cause, or further details for either event.
  • Threadneedle founder Ann Berry is identified as a contributor to the segment.
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