Europol’s Operation Endgame has dealt a significant blow to global cybercrime infrastructure. The coordinated international effort targeted major malware families that had infected hundreds of thousands of computers worldwide. Authorities disrupted over 1,000 servers and arrested one key suspect in
Gamma’s cofounder Grant Lee personally onboarded every micro-influencer in the company’s early days. That hands-on approach helped drive word-of-mouth growth that now accounts for over 50% of their subscriber acquisition.
HYBE’s stock climbed nearly 4.5% following confirmation that NewJeans members Haerin and Hyein are returning to ADOR label. The remaining three members appear likely to follow, signaling potential resolution to the high-profile K-pop group dispute that has impacted HYBE’s market performance.
Sonder’s founder said pulling off the Marriott deal was the hardest thing he’s ever done. Now he’s stunned as the company files for bankruptcy just months after his departure. The licensing agreement collapse left guests stranded and the once $1.1B company in liquidation.
Mohamed El-Erian warns the AI market is experiencing a “rational bubble” that will end with losses despite significant value creation. He also highlights credit “cockroaches” and concerning economic pressure on lower-income consumers who are “near recession.”
Apple just got denied permission to appeal a major UK antitrust ruling that found the company abused its dominant market position. The decision means Apple must now take its case directly to the UK Court of Appeal if it wants to avoid over £1 billion in damages. This comes as Apple faces increasing
The S&P 500 had its worst day in a month as AI superstars including Nvidia and Palantir tumbled. Federal Reserve uncertainty and delayed economic data added to market jitters about stretched valuations.
Cisco’s strong earnings beat and raised guidance confirm AI infrastructure demand is accelerating into enterprise core spending. The company forecasts AI-related revenues will triple next year to $3 billion, while AMD projects data center AI revenue growing over 80% annually. This represents a found
Gig economy bonuses are creating a prisoner’s dilemma for platforms like Uber and Lyft. New research shows fixed bonuses hurt workers while contingent bonuses create operational chaos. The labor market decides which strategy fails less.
SoftBank is making massive moves in the tech world, selling its entire Nvidia position to fund even bigger AI bets. Meanwhile, Elon Musk secured his controversial $1 trillion pay package, and Foxconn’s server business now surpasses its consumer electronics revenue.
