LG Electronics’ Operating Earnings Down 21 Percent Due to Increased Costs
LG Electronics on Tuesday estimated its third-quarter operating profit sank 20.9 per cent from a year earlier, missing market expectations, due to increased logistics and marketing costs.
Samsung’s Q3 Profit Misses Expectations on Slow Chip Growth
Samsung Electronics on Tuesday estimated its third-quarter (Q3) operating profit nearly tripled, but missed market expectations due to the lukewarm performance of its high-end memory chips used in artificial intelligence (AI) computing.
FTX’s $16 Billion Repayment Plan for Customers Receives Court Approval
FTX has received court approval to move ahead with its $16 billion repayment plan for customers who lost assets during the crypto exchange's downfall.
MoneyGram Confirms Data Breach Exposing Sensitive Customer Information in September Cyberattack
MoneyGram recently confirmed that a cyberattack in September led to the theft of customers' personal and transaction data. The breach caused a five-day system outage, preventing users from accessing or sending money.
About 85 Percent of World’s Cryptocurrencies Are Not Even Worth a Cent: Report
The total number of cryptocurrencies has been floating between 8,500 and 10,000, with new tokens launched every time a bull run in the crypto space begins.
NASA-SpaceX Delay Europa Clipper Mission Due to Hurricane Milton in US
NASA’s Europa Clipper mission that aims to search for life on Jupiter's icy moon Europa has been stalled due to hurricane Milton, expected to pose "life-threatening hazards" for parts of Florida in the US, the space agency informed on Monday.
Russia to Test Hydrogen-Powered Vessel in October
Russia's first hydrogen-powered vessel, named Ecobalt, is scheduled to undergo sea trials this month, local media reported on Monday.
Indiana Man Pleads Guilty to $37 Million Cybercrime and Money Laundering Scheme
The cybercrime, which took place in February 2022, targeted an investment holdings company based in Sioux Falls, South Dakota. Light, along with unidentified co-conspirators, infiltrated the company’s computer systems, stealing personally identifiable information (PII) of nearly 600 victims
Chinese State Hackers Allegedly Breached US Wiretap Systems
Chinese state-sponsored hackers reportedly gained access to U.S. wiretap systems, compromising the networks of major telecom companies like AT&T, Verizon, and Lumen Technologies.
Probe into TikTok over Potential Violation of Personal Data Law
South Korea's media regulator is set to look into social media platform TikTok over a potential violation of the nation's data protection law, an official said on Monday.
YouTube Reinstated All Channels, Fixing Last Few Videos After Bug Hit the Platform
YouTube said in the latest update that it has reinstated all channels and most videos that were removed due to a technical glitch or a bug.
Google Removes Kaspersky Apps from Play Store Amid U.S. Sanctions
Google took down Kaspersky's Android security apps from the Google Play store and disabled the company's developer accounts, following U.S. government sanctions against the Russian cybersecurity giant.
Moscow Authorities Launch Criminal Case Against Creators of UPS Payment System and Cryptex Exchange
Russian authorities have opened a criminal case against the creators of the anonymous payment system UPS and the cryptocurrency exchange Cryptex, accusing them of organizing a criminal community and engaging in illegal financial activities.
Meta Unveils AI-Powered Video Generator: Movie Gen
Meta has introduced a cutting-edge AI video tool called Movie Gen that creates high-definition videos from simple text prompts, complete with sound and various visual effects.
Microsoft 365 vs. Office 2024: What’s the Difference?
Microsoft 365 offers cloud-based subscription benefits, while Office 2024 is a one-time purchase with fewer updates but long-term stability.
Samsung Begins Mass Production Of Industry-Leading SSD For AI Computers
Samsung Electronics said on Friday that it has begun mass production of its latest industry-leading solid-state drive (SSD) product, optimal for usage in powerful artificial intelligence personal computers.
Elon Musk Breaks Record with 200 Million Followers on X
Elon Musk on Thursday became the first person to reach 200 million followers on X social media platform, which he acquired in October 2022 for a whopping $44 billion.
How Ramp Crypto Payments Facilitate Secure Crypto Purchases
A key component of this growing demand is the ability to buy crypto with ramp, a service that provides seamless and secure fiat-to-crypto conversions.
FIN7 Hacking Group Launches Fake AI Deepnude Sites to Spread Malware
The notorious hacking group FIN7 has developed a network of fake AI-powered deepnude generator websites aimed at infecting visitors with information-stealing malware.
OpenAI Secures $6.6 Billion in Historic Funding Round, Valuing the AI Giant at $157 Billion
OpenAI has raised a groundbreaking $6.6 billion investment, boosting its valuation to an impressive $157 billion. According to the company, this funding will support its ongoing mission to develop artificial general intelligence (AGI).
