Latest
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Cybersecurity
Crypto token’s wipeout shows scale of AI-hacking threat
When Eli Ben-Sasson helped create the Zcash cryptocurrency nearly a decade ago, the cryptographer worried about human adversaries. He didn't expect that machine intelligence would one day expose a flaw that had eluded years of expert human judgment.
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Cybersecurity
Cybersecurity executives urge the Trump administration to ease restrictions on Anthropic AI models
A group of cybersecurity executives and experts is asking the Trump administration to lift its directive preventing the use of Anthropic's latest artificial intelligence models by foreign nationals, saying the move could help US adversaries more than it hurts them.
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Social media
From 'hello' to heartbreak: How online romance scams trick victims worldwide
It began with a simple "Hello" on the social media platform Threads.
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Tech
US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage
WASHINGTON, June 15 (Reuters) - The Trump administration said on Monday it had closed an investigation, without seeking any penalties, into a July 2024 meltdown at Delta Air Lines sparked by a global outage that disrupted the travel plans of 1.3 million customers and cost the carrier $500 million.
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Tech
EU extends emergency cyber security support to Ukraine
BRUSSELS, June 15 (Reuters) - The EU has made its emergency cyber security support available to Ukraine, the European Commission said on Monday.
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Cybersecurity
Anthropic block marks US reversal, warning to Silicon Valley
The extraordinary move by the US to bar foreign access to Anthropic PBC's best AI models underscores the Trump administration's newfound willingness to exert control over a pivotal industry. It also reminds Silicon Valley that it's working with an imperfectly understood technology with uncertain impact.
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Tech
SpaceX to release results on website, X only, bypassing wire services
June 15 (Reuters) - SpaceX will release quarterly and annual financial results, besides other material news, only through its website and social media account on X and not through wire distribution services, it said in a filing on Monday.
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Tech
Senator Cruz urges regulator to impose conditions on T-Mobile spectrum sale
WASHINGTON, June 15 (Reuters) - The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm Grain Management to acquire key wireless spectrum from T-Mobile but potentially delay its use for years.
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Tech
Nvidia to raise $25 billion in first corporate bond sale in five years
June 15 (Reuters) - Nvidia said on Monday it would raise $25 billion through a U.S. bond issuance, as it taps the debt market to increase liquidity for the first time since 2021.
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Tech
Florida sues TikTok, claiming it violates state child safety law
June 15 (Reuters) - Florida's attorney general sued TikTok on Monday over claims it is violating the state's law barring social media platforms from allowing children under age 14 to create accounts.
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Tech
SpaceX set to extend rally after record Wall Street debut
June 15 (Reuters) - Shares of SpaceX rose more than 6% in early trading on Monday, adding to gains after a blockbuster debut last week that pushed the company's valuation past $2 trillion and cemented its position among the world's most valuable companies.
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Tech
US judge dismisses Musk's xAI trade secret lawsuit against OpenAI
June 15 (Reuters) - A federal judge dismissed a lawsuit on Monday by Elon Musk's artificial intelligence company xAI that accused rival Sam Altman's OpenAI of stealing trade secrets for chatbots.
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Tech
Microsoft sued by shareholders over expenses, cloud business, AI
June 15 (Reuters) - Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure.
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Tech
Anthropic to meet with US officials over export curbs
WASHINGTON, June 15 (Reuters) - Senior Anthropic technical staff are scheduled to meet with officials at the Department of Commerce in Washington on Monday, a Trump administration official said, after the U.S. government ordered the AI firm late last week to suspend access to its top-tier models for foreign nationals, citing national security concerns.
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Tech
AI-referred US shoppers browse longer, spend more per visit, data shows
NEW YORK, June 15 (Reuters) - U.S. shoppers who use large language models, including Google's Gemini or OpenAI's ChatGPT, for purchase recommendations are lingering more on retailers' websites and are more likely to spend, according to May data from Adobe Analytics.
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Tech
SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe
June 15 (Reuters) - SpaceX said on Monday that its underwriters had exercised the "greenshoe" option to purchase additional shares, increasing the total proceeds from its initial public offering to $85.7 billion from $75 billion that it raised last week.
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Tech
Chinese-linked hackers targeted U.S.,Canadian research facilities for a year, Google says
June 15 (Reuters) - A Chinese-linked hacking group spent more than a year secretly stealing data from U.S. and Canadian academic, medical and military research institutions, before being detected, Google said on Monday.
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Tech
India's HCLTech to buy 10.5% stake in Sarvam AI, valuing startup at $1.5 billion
June 15 (Reuters) - India's HCLTech said on Monday it will acquire a 10.5% stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees ($150.7 million) in cash, leading the firm's Series B round as a strategic investor.
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Tech
Apple supplier Jabil, Adani partner to build AI data center infra platform in India
June 15 (Reuters) - Electronics manufacturer Jabil and India's Adani Enterprises on Monday announced a partnership to build an integrated AI and data center infrastructure manufacturing platform in the country.
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Tech
US Supreme Court rejects Tata challenge to $168 million award in trade secrets case
WASHINGTON, June 15 (Reuters) - The U.S. Supreme Court turned away on Monday a bid by India-based Tata Consultancy Services to overturn a $168 million award won against it by DXC Technology for allegedly stealing trade secrets related to life-insurance software.
