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SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the largest IPO tax windfall in state history. The reality may be more complicated. Facebook’s 2012 […]
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LinkedIn launched Connected Apps, a feature that links the software you use to your profile and auto-generates descriptions of how you use it. The descriptions are based on real activity data from the connected app. Users cannot manually edit them. “Once connected, each app generates a simple statement based on your real activity,” the Microsoft-owned […]
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Security researchers have uncovered a sprawling cache of stolen credentials for Fortinet firewalls, exposing login details for tens of thousands of organisations around the world. The dataset, dubbed “FortiBleed,” contains plaintext usernames, emails and passwords for 73,932 unique Fortinet FortiGate firewall and VPN devices across 194 countries, touching more than 21,000 domains. Researchers estimate that […]
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The European Union’s energy chief has told the AI industry it is welcome in Europe, but only on the bloc’s terms. In an interview with Politico, Energy Commissioner Dan Jørgensen said companies must demonstrate commitment to the EU’s energy, climate, and environmental goals if they want to build data centres on the continent. That means supporting […]
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Tesco, one of Britain’s largest supermarkets, is migrating approximately 40,000 servers away from VMware. It is also suing Broadcom in the UK High Court for more than GBP 100 million, accusing the company of “abusive conduct.” It is one of the largest publicly disclosed VMware migrations since Broadcom completed its acquisition of VMware in late […]
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Budgeting for pentesting is no longer a simple choice between buying a tool or hiring an outside firm once a year. Pentesting, or searching for vulnerabilities in one’s cybersecurity defenses by launching a mock cyberattack against it, has become a fundamental method of improving an organization’s security posture. Budgeting for it can present some unique challenges, however, as […]
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Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by Goldman Sachs alongside One William Street Capital Management. The facility will expand access to embedded lending for small businesses through platforms including Amazon, DoorDash, Gusto, TikTok Shop, and Walmart. The company’s model is straightforward. […]
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ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era non-proliferation agreements that kept the world safe from nuclear weapons. She spoke in Venice, the sharpest framing yet from a central bank chief on the systemic risks AI poses […]
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