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Tag: cash

  • The Register: SoftBank woos OpenAI with $40B, making Microsoft’s $13B look quaint

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    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/02/07/softbank_invests_40b_openai/ Source: The Register Title: SoftBank woos OpenAI with $40B, making Microsoft’s $13B look quaint Feedly Summary: Some of that cash is reportedly headed for $500B Stargate dream The AI investment landscape is shifting once again, with SoftBank reportedly finalizing a $40 billion stake in OpenAI – pushing its valuation to around $300…

  • Rekt: Ionic Money – Rekt

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    Kurt Seifried
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    Source URL: https://www.rekt.news/ionic-money-rekt Source: Rekt Title: Ionic Money – Rekt Feedly Summary: Fake LBTC, real losses. Social engineering artists convinced Ionic Money on Mode Network to accept counterfeit collateral, walked away with $6.9M, and left sister protocols holding toxic bags. Previously exploited twice as Midas – third time rekt’s the charm. AI Summary and Description:…

  • New York Times – Artificial Intelligence : DeepSeek Serves as a Warning About Big Tech

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    Kurt Seifried
    in

    Source URL: https://www.nytimes.com/2025/02/04/opinion/deepseek-ai-big-tech.html Source: New York Times – Artificial Intelligence Title: DeepSeek Serves as a Warning About Big Tech Feedly Summary: The arrival of DeepSeek shows us the competitive weaknesses of America’s tech giants. AI Summary and Description: Yes Summary: The text discusses how the emergence of a new AI model from the Chinese company…

  • News: Law enforcement takes down two largest cybercrime forums in the world

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    Kurt Seifried
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    Source URL: https://www.europol.europa.eu/media-press/newsroom/news/law-enforcement-takes-down-two-largest-cybercrime-forums-in-world Source: News Title: Law enforcement takes down two largest cybercrime forums in the world Feedly Summary: The two platforms, Cracked and Nulled, had more than 10 million users in total. Both of these underground economy forums offered a quick entry point into the cybercrime scene. These sites worked as one-stop shops and…

  • The Register: CDNs: Great for speeding up the internet, bad for location privacy

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/01/27/cloudflare_cdn_location_data/ Source: The Register Title: CDNs: Great for speeding up the internet, bad for location privacy Feedly Summary: Also, Subaru web portal spills user deets, Tornado Cash sanctions overturned, a Stark ransomware attack, and more Infosec in brief Using a custom-built tool, a 15-year-old hacker exploited Cloudflare’s content delivery network to approximate the…

  • Hacker News: Hackers exploit 16 zero-days on first day of Pwn2Own Automotive 2025

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    Kurt Seifried
    in

    Source URL: https://www.bleepingcomputer.com/news/security/hackers-exploit-16-zero-days-on-first-day-of-pwn2own-automotive-2025/ Source: Hacker News Title: Hackers exploit 16 zero-days on first day of Pwn2Own Automotive 2025 Feedly Summary: Comments AI Summary and Description: Yes Summary: The text provides a detailed report on the outcomes of the Pwn2Own Automotive 2025 hacking competition, highlighting the successful exploitation of zero-day vulnerabilities relating to electric vehicle chargers…

  • Hacker News: Cryptocurrency Turns to Cash in Russian Banks

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    Kurt Seifried
    in

    Source URL: https://krebsonsecurity.com/2024/12/how-cryptocurrency-turns-to-cash-in-russian-banks/ Source: Hacker News Title: Cryptocurrency Turns to Cash in Russian Banks Feedly Summary: Comments AI Summary and Description: Yes Summary: The text highlights the emergence of a Canadian financial firm as a payment processor for Russian cryptocurrency exchanges, implicating it in facilitating cybercrime services targeted at Russian-speaking customers. This raises significant concerns…