Why 24/7 Trading is a Bad Idea
Summary As the New York Stock Exchange and Nasdaq seek regulatory approval for extended trading hours—tipping towards 24/7 trading—an accompanying article from The Economist raises concerns about this shift. The…
After $380 Million Hack, Clorox Sues Its ‘Service Desk’ Vendor For Simply Giving Out Passwords
Clorox has launched a lawsuit against its IT service desk vendor, Cognizant, following a massive $380 million hack that critically compromised its network security. The breach occurred when a cybercriminal…
Julian LeFay, ‘Father of The Elder Scrolls,’ Has Died Aged 59
Summary Julian LeFay, known as the “Father of The Elder Scrolls,” has passed away at 59 after a battle with cancer. His contributions to the gaming industry are monumental, having…
Starlink-Powered ‘T-Satellite’ Service Is Now Live On T-Mobile
Summary T-Mobile has launched its Starlink-powered “T-Satellite” service across the US, allowing both customers and non-customers to use off-grid text messaging and location-sharing features. Currently priced at £10/month (later rising…
Leading 3D Printing Site Bans Firearm Files
Summary Thingiverse, a well-known repository for 3D printing files, has ceased offering downloadable firearm designs after facing pressure from Manhattan District Attorney Alvin Bragg. The DA has been advocating for…
FDA’s New Drug Approval AI Is Generating Fake Studies
FDA’s New Drug Approval AI Is Generating Fake Studies The FDA’s recent deployment of an AI tool, Elsa, is raising alarm bells after reports suggest it’s generating fictitious studies. Intended…
How Much Would You Pay For an American-Made Laptop? Palmer Luckey Wants To Know
Palmer Luckey, the mind behind Oculus, is potentially venturing into crafting laptops in the USA. He poses the intriguing question of whether customers would be willing to pay a 20%…
Administrator of Major Dark Web Cybercrime Forum Arrested In Ukraine
Summary A significant development in the fight against cybercrime occurred when the administrator of the Russian-language cybercrime forum XSS.is was arrested in Ukraine. This arrest was made possible through collaboration…
Microsoft SharePoint victim count hits 400+ orgs in ongoing attacks
Microsoft SharePoint victim count hits 400+ orgs in ongoing attacks More than 400 organisations have been compromised in the Microsoft SharePoint attack, with the US Department of Energy confirming their…
Mistral AI environmental report confirms AI is a hungry, thirsty beast
Summary Mistral AI has released a report detailing the environmental impact of its Mistral Large 2 LLM (Large Language Model), emphasising its significant consumption of water and power. The peer-reviewed…