World leaders reacted with outrage late Thursday and early Friday to the apparent downing of Malaysia Airlines Flight MH17. Australian Prime Minister Tony Abbott called Russia’s response to the incident — Russian President Vladimir Putin said Ukraine bears responsibility — "deeply, deeply unsatisfactory."
On Thursday, crisis experts told PRWeek that Malaysia Airlines was correct in making social media its first line of communications with the public after the plane was shot down, though many acknowledged the difficulties in doing so.
Meanwhile, Malaysia’s transportation minister was peppered with questions on Thursday about why the airline was flying over a region where surface-to-air missiles are in use. He said the company had been using the route for years, as were many other carriers, and found it to be safe. Airlines have since altered their trips around the country.
Ukrainian intelligence released an audio recording it said ties separatist rebels and Russian intelligence officials to the crash. Investigators are also facing a daunting task trying to get to the bottom of the situation in a conflict zone.
Five other things to know Friday morning:
- AbbVie reached a deal to acquire Irish pharmaceutical rival Shire early Friday for $54 billion. The move will save AbbVie money by allowing it to move its tax base overseas.
- Alibaba has pushed its IPO back to September, with plans to price its offering sometime after Labor Day, according to DealBook.
- "Go ahead, laugh all you want, guys…We wouldn’t want to design a logo that caters to the lowest common denominator." — Airbnb cofounder Nathan Blecharczyk to Re/code on the company’s often-mocked new logo.
- Google’s second-quarter revenue exceeded analysts’ expectations. However, spending also continued to rise, making the quarterly earnings report a mixed bag for investors.
- General Motors CEO Mary Barra pushed back more often against lawmakers on Thursday than she had in more conciliatory earlier appearances on Capitol Hill, including saying that the automaker will not fire embattled top lawyer Michael Millikin. Numerous senators said they were not satisfied with her remarks.