SMS fraud losses are projected to drop from $80 billion in 2025 to $71 billion in 2026. Improved operator security and declining message volumes are making life harder for scammers. But new threats like RCS messaging and sophisticated Chinese smishing groups remain concerning.
Tesla’s annual meeting will decide whether to approve Elon Musk’s potentially $1 trillion compensation plan and an investment in his AI startup xAI. The vote comes amid concerns about Musk’s divided attention and Tesla’s corporate governance. Shareholders face high-stakes decisions that could shape
The London High Court dismissed key portions of Getty’s copyright lawsuit against Stability AI. The ruling suggests AI models that don’t store copyrighted works may not be infringing copies under UK law. This could reshape how copyright applies to AI training.
The global rush to build AI data centers is creating unprecedented pressure on supply chains and energy infrastructure. According to Turner & Townsend’s latest report, 83% of experts say supply chains can’t deliver the cooling tech needed for AI facilities.
Businesses are rapidly shifting toward keeping payments within their own ecosystems rather than sending money to external bank accounts. This represents a fundamental power shift where platforms aim to own both the payment and the customer relationship.
SoftBank Group shares plummeted 10% on Wednesday, wiping $13.1 billion from Masayoshi Son’s net worth. The drop reflects growing investor skepticism about AI companies meeting sky-high growth expectations after disappointing results from key players.
The UK retailer confirmed the massive financial impact of an April cyber attack that prevented online clothing and furniture sales for nearly two months. M&S believes Russian criminal group Dragon Force was behind the breach that also led to customer data theft.
Microsoft has finally resolved a long-standing Windows bug where selecting “update and shut down” would actually restart your PC. The fix comes alongside other update issues, including confusing new naming schemes and false end-of-support warnings for Windows 10 users.
According to Wccftech, Apple is reportedly preparing an M5 Ultra chip for a Mac Studio refresh in 2026. The workstation-class processor might feature a single-die design rather than connecting two M5 Max chips. This would mark a significant departure from Apple’s previous Ultra chip strategy.
The UK’s Financial Conduct Authority faces a legal challenge that could delay the launch of a consolidated bond market data tape. Ediphy Analytics alleges procedural flaws in the tender process that awarded the contract to rival Etrading Software. The regulator plans to ask a judge to lift the autom
