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Police Find Text Scammers Earning Tens of Thousands a Month and Spending It on Designer Goods
Evidence of High Earnings and Lavish SpendingAn evidence room filled with designer shoes and handbags illustrates how profitable text-based fraud has become for criminals who send large volumes of scam…
Airbus Says Flights Are Returning to Normal After Solar Radiation Warning Grounded A320 Fleet
Return to Service After Temporary GroundingsThousands of Airbus aircraft are returning to regular operations after being grounded for software updates prompted by a warning that solar radiation could interfere with…
Federal–State Conflict Intensifies as Lawmakers Clash Over Who Should Regulate AI
Growing Divide Over Regulatory AuthorityFor the first time, Washington is nearing decisions on how to regulate artificial intelligence, and the central dispute now hinges on who should have the authority…
Meesho Moves Ahead With $606 Million IPO as SoftBank and Prosus Hold Their Stakes
IPO Launch and Valuation DetailsMeesho is preparing a roughly $606 million initial public offering that features limited sell-downs from early investors and no sales from major backers such as SoftBank…
Venezuela Blocks Six International Airlines After Dispute Over US Security Warning
Suspension of Flights and Missed DeadlineVenezuela has barred six major international airlines from landing in the country after they did not meet a 48-hour deadline to resume operations. The carriers…
Airbus Orders Immediate Fixes After Solar Radiation Risk Found in A320 Flight Control Systems
Discovery and Immediate Safety ActionAirlines around the world have warned of possible delays after Airbus requested urgent modifications to thousands of aircraft, following its discovery that intense solar radiation could…
South Korea’s Medical Device Market Set For Steady Growth Through 2034
South Korea’s medical device market is projected to grow at a compound annual growth rate of 5% until 2034, according to a new report from GlobalData. Government investment accelerates high-value…
Apple Challenges India’s Antitrust Penalty Framework In Delhi High Court
Company disputes calculation method that could lead to $38 billion fine Apple has filed a case in the Delhi High Court challenging how India’s antitrust authority calculates penalties based on…
Alibaba Launches $500 AI Glasses To Compete With Meta
Company integrates Qwen models into new consumer device Alibaba released its artificial intelligence–powered smart glasses on Thursday as it increases its focus on the consumer AI market. The Quark AI…
Baidu Emerges As Key AI Chip Supplier In China Amid Nvidia Restrictions
Company positions Kunlunxin unit to meet domestic demand for AI compute Baidu is becoming one of China’s major artificial intelligence chip suppliers as domestic companies look for alternatives to Nvidia,…
Redwood Materials Cuts 5% Of Staff Following $350 Million Funding Round
Layoffs affect a portion of workforce as company expands into new battery reuse markets Redwood Materials is cutting around 5% of its workforce shortly after raising $350 million, according to…
Asahi Says Cyberattack May Have Exposed Data Of 1.5 Million Customers
Company reports large-scale data exposure following September ransomware incident Asahi said a ransomware attack in September may have leaked the personal information of more than 1.5 million customers. The company…
CISA Warns That Hackers Are Bypassing Signal And WhatsApp Encryption Through Device Compromise
Attackers target mobile devices instead of attempting to break end-to-end encryption A new alert from the U.S. Cybersecurity and Infrastructure Security Agency says hackers are using commercial spyware to compromise…
MIT Study Finds Agentic AI Could Replace 11% Of US Workforce
Simulation models potential overlap between AI systems and human labor A new MIT–Oak Ridge National Laboratory study suggests that agentic AI systems could theoretically perform work equivalent to 11.7% of…