Security firm Sysdig says it has documented the first ransomware attack run end to end by an AI agent, first reported by Business Insider. A large language model planned, executed, and adapted the entire operation, which Sysdig has named JadePuffer. The agent chained together every stage of the attack, from reconnaissance and credential theft to lateral […]
Klaus Schwab, founder of the World Economic Forum, says a routine security inspection found a covert listening device in his home office in Geneva, Bloomberg reports. The 88-year-old has filed a criminal complaint against persons unknown. The device was reportedly discovered at his private home close to the WEF’s premises. Who planted it, and when, is […]
Pressure is mounting on the European Commission to act on spyware, after forensic evidence showed one of the EU’s own spyware investigators was hacked with Pegasus. Civil society groups issued a joint statement demanding the abuse be met with accountability, “not impunity”. Citizen Lab confirmed last week that Stelios Kouloglou, a Greek former MEP, was infected in October […]
Hedge funds cut their holdings of semiconductor stocks for a fourth straight week, according to Goldman Sachs prime brokerage data, in a run of selling that has made chipmakers and their equipment suppliers the most heavily net-sold corner of the US market. The move comes as parts of the AI trade wobble, and it will […]
The United Nations has put a number of its concerns about artificial intelligence into a single document, and the headline finding is not subtle. AI capabilities, the organisation says, are accelerating faster than any government’s ability to understand, test, or regulate them. The warning arrives as delegates gather in Geneva for the opening of the […]
A federal judge has ordered the Pentagon to give Alibaba temporary relief from a law that stripped it of every lobbyist it had in Washington, Bloomberg reports. The reprieve stands while the court considers whether the measure is constitutional. The case is shaping up as a test of how far the US can go in curbing […]
Silicon Valley’s wealthiest are spending heavily to stop California’s proposed billionaire tax, according to a Business Insider tally of campaign filings. Opponents have poured more than $120m into sinking or blunting the measure, roughly four times the $31m raised by its union backers. Proposition 40 would impose a one-time 5% tax on residents and trusts worth over […]
Citigroup chief executive Jane Fraser says the financial sector is running two AI races at once, she told the South China Morning Post. The first is applying AI to business models to drive revenue growth, shortening product development cycles and improving customer service. The second race is defensive. Fraser said Citi’s job is to keep the […]
India’s IT ministry has ordered Meta to immediately disable all Instagram advertisements and content promoting child sexual exploitation and abuse material, according to The Week. The company has seven days to explain how the ads were approved and to detail the safeguards it will put in place. The Ministry of Electronics and Information Technology also demanded […]
Hon Hai, the Taiwanese contract manufacturing giant known as Foxconn, has reported a bigger-than-expected 40% jump in quarterly sales on demand for AI servers. The Nvidia supplier said in a statement on Sunday that AI rack shipments should maintain their momentum this quarter. June revenue alone reached NT$1.33tn (roughly $45bn), up 21.6% year on year. The company added […]
