Latest Business News, Market Insights & Global Economy Updates
For the past year, security researchers have been urging the global shipping industry to shore up their cyber defenses after a spate of cargo thefts were linked to hackers. The researchers say they have seen elaborate hacks targeting logistics companies to hijack and redirect large amounts of their customers’ products into the hands of criminals,…
There was a time when most Americans had little to no knowledge about their local data center. Long the invisible but critical backbone of the internet, server farms have rarely been a point of interest for folks outside of the tech industry, let alone an issue of particularly captivating political resonance. Well, as of 2025,…
In June, U.S. insurance giant Aflac disclosed a data breach where hackers stole customers’ personal information, including Social Security numbers and health information, without saying how many victims were affected. On Tuesday, the company confirmed it has begun notifying around 22.65 million people whose data was stolen during the cyberattack. In a filing with the…
The hacking group Scattered Lapsus$ Hunters, which includes members of a gang known as ShinyHunters, said it is attempting to extort porn site Pornhub, after claiming to have stolen personal information belonging to the website’s premium members. On Friday, Pornhub confirmed it was among several companies affected by an earlier breach at the widely used…
South Korean e-commerce platform Coupang over the weekend said nearly 34 million Korean customers’ personal information had been leaked in a data breach that had been ongoing for more than five months. The company said it first detected the unauthorized exposure of 4,500 user accounts on November 18, but a subsequent investigation revealed that the…
Apple on Thursday introduced a new set of App Review Guidelines for developers, which now specifically state that apps must disclose and obtain users’ permission before sharing personal data with third-party AI. The change comes ahead of the iPhone maker’s plan to introduce its own AI-upgraded version of Siri in 2026. That update will see…
Power demands of data centers have grown from tens to 200 kilowatts in just a few years, a pace that has data center developers scrambling to design future facilities that can handle the load. “In the next couple of years, it’s going to be 600 kilowatts, and then we’re going to a megawatt,” Tim Heidel,…
A coalition of U.S. crypto, fintech and retail groups is uniting to defend open banking, warning in a letter that big banks’ attempts to charge for data access could choke off the connections between the financial system and digital wallets and stablecoins. Groups including the Blockchain Association, the Crypto Council for Innovation, the National Association…
Microsoft CEO Satya Nadella on Thursday tweeted a video of his company’s first deployed massive AI system — or AI “factory” as Nvidia likes to call them. He promised this is the “first of many” such Nvidia AI factories that will be deployed across Microsoft Azure’s global data centers to run OpenAI workloads. Each system…
