Profitloss Centerstage Events

eBay urges its users to change their passwords following a cyberattack took center stage on Friday, 21 May 2014 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 3

General Motors (GM) issues another major recall, affecting 2.4 million...

General Motors (GM) issues another major recall, affecting 2.4 million vehicles in the U.S., including popular crossover SUVs and older car models. The recall is prompted by a serious safety issue with the front seat belt in the crossover vehicles that can detach during a crash. GM faces intensified scrutiny after receiving a $35 million fine for delays in reporting an ignition switch defect linked to multiple fatalities.

Monday, 19 May, 2014

eBay urges its users to change their passwords following a...

eBay urges its users to change their passwords following a cyberattack that occurred between late February and early March. The breach compromised a database containing encrypted passwords and non-financial data. Although no evidence of unauthorized account activity has been found, eBay encourages password updates as a security measure. With millions of active users, eBay emphasizes its commitment to user security and plans to implement a feature requiring password changes during the login process.

Tuesday, 20 May, 2014

José Mário Vaz, former Finance Minister of Guinea-Bissau, is elected...

José Mário Vaz, former Finance Minister of Guinea-Bissau, is elected as the President of Guinea-Bissau. This marks a significant political development in the country as Vaz assumes leadership responsibilities.

Wednesday, 21 May, 2014

The Thai military stages a coup, seizing power from the...

The Thai military stages a coup, seizing power from the acting Prime Minister and ordering government officials to report to the military. General Prayuth Chan-ocha, the army chief, detains former Prime Minister Yingluck Shinawatra after summoning her for discussions. The coup d'état raises concerns about political stability in Thailand and leads to international condemnation.

Thursday, 22 May, 2014

Jacob Zuma is inaugurated for a second term as President...

Jacob Zuma is inaugurated for a second term as President of South Africa following his recent re-election victory. Zuma, a prominent political figure who previously served as the president from 2009 to 2018, takes the oath of office, reaffirming his leadership position in South Africa.

Friday, 23 May, 2014

Incumbent President Dalia Grybauskaitė secures re-election in the second round...

Incumbent President Dalia Grybauskaitė secures re-election in the second round of voting in Lithuania. The Lithuanian voters choose Grybauskaitė to continue serving as their President, reinforcing her position as the leader of the country.

Saturday, 24 May, 2014

Shri Narendra Modi is inaugurated as the 15th Prime Minister...

Shri Narendra Modi is inaugurated as the 15th Prime Minister of India. This marks a significant political event as Modi assumes leadership of the country, bringing with him promises of economic growth and development.

Sunday, 25 May, 2014