SoftBank CEO Masayoshi Son revealed the emotional turmoil behind selling the firm’s entire $6 billion stake in Nvidia. The decision, announced in November, was driven by an urgent need to fund SoftBank’s colossal $40 billion investment plan into OpenAI.
Coupang, South Korea’s e-commerce leader, has confirmed a data breach impacting a staggering 33.7 million customer accounts. The intrusion, which began on June 24, exposed names, addresses, and phone numbers but not payment data. The company is now facing investigations and potentially massive fines
A new fintech, Renno, is taking aim at the payment problems plaguing European construction. With €1 million in pre-Seed funding, it’s replacing risky deposits and delayed payments with a secure, milestone-based escrow system. The goal is to stop €280 billion in annual losses from payment delays.
A company that records prison phone calls is now using that data to train AI models designed to detect planned crimes. Inmates and their families are paying for the calls that fuel this system, often without knowing how their data is used.
Two high-profile alumni from Citadel and Point72 are teaming up to launch a new hedge fund focused on Japan. The move capitalizes on growing investor interest in the country’s markets. It highlights the ongoing talent shuffle in the global hedge fund arena.
Recent reports from Anthropic and Oligo Security detail how jailbroken LLMs are now executing autonomous attack campaigns. This fundamentally changes the economics of cyberattacks and breaks traditional defense models that relied on attackers being resource-constrained.
Switzerland has officially advised against using hyperscale clouds and SaaS for sensitive government data, citing security risks. Meanwhile, a massive GitLab scan uncovered 17,000 verified secrets across 5.6 million repositories. Exercise app Strava is telling users in sensitive positions they’re on
