Serious cyberattacks increase 50% in past year, UK security agency says – Tech Digest
UK Cyberattack Incidents Surge 50% as Critical Infrastructure Threats Intensify Alarming Rise in National Security Threats The United Kingdom has…
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Banking on AI: How Lloyds Transforms Workflows While Navigating Implementation Challenges
The Productivity Promise: Quantifying AI's Daily Impact Lloyds Banking Group has made a striking claim about workplace efficiency: employees using Microsoft 365 Copilot are saving…
Navigating Economic Headwinds: China’s Growth Trajectory Amid Global Tensions and Domestic Challenges
Economic Slowdown in Perspective China's economic expansion has moderated to 4.8% year-on-year for the July-September period, marking the slowest growth pace in a year. This…
Windows 10’s Sunset Fuels Linux Migration: Analyzing the Shift in Desktop Computing
The End of an Era: Windows 10's Final Chapter As Microsoft officially ended support for Windows 10 on October 14, the computing world witnessed a…
International Law Enforcement Dismantles Massive SIM Farm Network Behind 49 Million Fake Accounts
Major International Operation Targets SIM Farm Infrastructure European law enforcement agencies have dismantled a massive criminal network operating sophisticated SIM farm infrastructure that powered millions…
Medical AI’s Funding Surge: OpenEvidence’s $200M Raise Amid Industry Credibility Questions
OpenEvidence's Massive Funding Round Reshapes Medical AI Landscape Medical AI firm OpenEvidence has secured $200 million in new funding at a staggering $6 billion valuation,…
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Nexperia’s Chinese Operations Assert Autonomy Amid Global Chip Tensions
Nexperia's Internal Rift Reflects Broader Geopolitical Strains In a dramatic escalation of corporate tensions, Nexperia's China unit has instructed employees to disregard directives from the…
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WhatsApp Implements New Messaging Limits to Combat Spam and Unsolicited Communications
New Messaging Restrictions WhatsApp is implementing significant changes to its messaging platform by introducing limits on how many messages individual…
LastPass Phishing Scam Alert: Why Changing Your Master Password Could Be Dangerous
The Sophisticated LastPass Phishing Operation LastPass has confirmed an elaborate phishing campaign targeting its users, but contrary to what the…
Google Messages May Integrate AI Image Generation Feature in Future Update
AI Image Generation May Come to Google Messages Google may be preparing to integrate its artificial intelligence image generation technology…
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Corporate Bond Market Sees Unprecedented Investor Rush as FOMO Takes Hold
Note: Featured image is for illustrative purposes only and does not represent any specific product, service, or entity mentioned in this article. Market Dynamics Shift…
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International Law Enforcement Dismantles Massive SIM Farm Network Behind 49 Million Fake Accounts
Major International Operation Targets SIM Farm Infrastructure European law enforcement agencies have dismantled a massive criminal network operating sophisticated SIM farm infrastructure that powered millions…
Fujitsu forced to pump £80 million into UK arm following Post Office scandal – Tech Digest
Fujitsu UK Receives £80 Million Capital Injection Amid Post Office Scandal Fallout Financial Impact of Horizon Scandal Forces Major Restructuring…
Satellite Data Exposure Reveals Unencrypted Communications Security Risk
A three-year study reveals approximately 50% of geostationary satellites broadcast sensitive consumer, corporate, and military communications without encryption. Researchers used inexpensive equipment to intercept phone calls, text messages, and critical infrastructure data. The findings highlight significant security vulnerabilities in satellite communications systems.
Satellite security researchers have uncovered a massive data exposure vulnerability affecting approximately half of all geostationary satellites orbiting Earth. According to their findings, these satellites are transmitting unencrypted sensitive information including private phone calls, text messages, military communications, and critical infrastructure data that could be intercepted by anyone with basic receiving equipment.
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Instagram to show PG-13 content by default to teens, adds more parental controls | TechCrunch
Instagram Implements PG-13 Content Default for Teen Safety and Enhanced Parental Controls New Safety Measures for Younger Users Instagram is…
Google to invest $15B in Indian AI infrastructure hub | TechCrunch
Google’s $15B AI Infrastructure Investment in India Signals Major Tech Expansion Massive Investment in Indian AI Infrastructure Google has announced…
Oura Raises $900M Funding at $11B Valuation for Smart Ring Expansion
Oura has raised $900 million in new funding led by Fidelity Management & Research Company, valuing the smart ring maker at approximately $11 billion. The Finnish company plans to expand AI capabilities, health features, and global distribution while dominating the smart ring market.
Finnish health technology company Oura has secured a massive $900 million funding round that doubles its valuation to approximately $11 billion, signaling strong investor confidence in the smart ring market’s growth potential. The funding was led by Fidelity Management & Research Company with participation from new investor ICONIQ and contributions from existing backers Whale Rock and Atreides Management. This substantial capital infusion comes just months after the company’s previous round in December, demonstrating rapid acceleration in both valuation and market position for the smart ring manufacturer.
Record-breaking valuation and market dominance
Oura is winning young women and losing gym rats, and it’s fine with that | TechCrunch
Oura Smart Ring Strategy: How Women Are Driving Wearable Tech Growth The Shifting Demographics of Smart Ring Adoption When industry…
Grindr’s Financial Crisis Sparks Potential Take-Private Deal
Grindr’s controlling shareholders are exploring taking the LGBTQ+ dating app private after a stock decline created personal financial pressures. The owners pledged shares as collateral for loans that became undercollateralized, forcing lender action. Talks are underway with Fortress Investment Group for a potential $15 per share buyout.
Grindr’s majority owners are facing a significant financial crisis that has triggered urgent discussions about taking the popular LGBTQ+ mobile app private. According to a detailed report from Semafor, controlling shareholders Raymond Zage and James Lu are scrambling to address personal loan obligations after Grindr’s stock decline left their collateralized shares underwater, creating immediate pressure for a strategic solution.