OpenAI raises $110 billion in largest private funding round in history
OpenAI announced Friday morning that it has raised $110 billion in private funding, kicking off one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon and $30 billion each from Nvidia and SoftBank at a pre-money valuation of $730 billion. Of note, this round is […]
Memory shortage could cause smartphone shipments to drop the most in over 10 years
The growing need for computers and data centers to power AI has led to significant RAM shortages and skyrocketing memory prices. Now, analyst firm IDC predicts that this will cause smartphone shipments to plummet 12.9% this year, the biggest single-year drop in more than a decade. Hours after IDC released its report, another analyst firm, […]
ScarCruft uses Zoho WorkDrive and USB malware to infiltrate air-gapped networks
Ravi LakshmananFebruary 27, 2026Malware/Surveillance The North Korean threat actor known as ScarCruft is said to be behind a new set of tools, including backdoors that use Zoho WorkDrive for command-and-control (C2) communications to retrieve more payloads, and implants that use removable media to relay commands and penetrate air-gapped networks. The campaign, codenamed “Ruby Jumper” by […]
Ultrahuman bets on redesigned smart ring to win back US market after Oura conflict
Ultrahuman on Friday announced a new smart ring with longer battery life and a redesigned form factor. The Bangalore-based wearables maker is looking to revive its U.S. business, which was disrupted last year by a patent dispute with rival Oura. Ultrahuman’s third-generation smart ring, the Ring Pro, has a battery life of up to 15 […]
Trojanized gaming tool spreads Java-based RAT via browsers and chat platforms
Ravi LakshmananFebruary 27, 2026Endpoint security/Windows security Threat actors lure unsuspecting users into running Trojanized gaming utilities. This utility is distributed via browsers and chat platforms and delivers a remote access trojan (RAT). “A malicious downloader staged a portable Java runtime and executed a malicious Java archive (JAR) file named jd-gui.jar,” the Microsoft Threat Intelligence team […]
Meta files lawsuit against advertisers in Brazil, China, and Vietnam over celebrity baiting fraud
Ravi LakshmananFebruary 27, 2026Online fraud/digital advertising Meta announced Thursday that it will take legal action to combat fraud on its platform by filing lawsuits against what it calls fraudulent advertisers based in Brazil, China and Vietnam. As part of the effort, the advertiser’s payment method was suspended, associated accounts were disabled, and the domain name […]
History of Science: Discovery of Carbon-14 Opens Window on Past Civilizations — February 27, 1940
Milestone: Discovery of carbon-14 Date: February 27, 1940 Location: Berkeley, California People: Martin Kamen and Samuel Ruben On this day in 1940, two scientists discovered an elusive form of carbon, inadvertently opening a window to a lost civilization. Since the mid-1930s, scientists have predicted the existence of carbon with two extra neutrons in its core, […]
Netflix withdraws from bid for Warner Bros. Discovery, transfers studio, HBO, CNN to Ellison-owned Paramount
The bidding war for Warner Bros. Discovery has ended after a flurry of deal offers in the low tens of billions of dollars. Paramount, owned by David Ellison, acquires Warner Bros. Discovery. On Thursday, Warner Bros. Discovery said Paramount Skydance’s latest offer of $31 per share was an “excellent offer” and gave Netflix four business […]
Jack Dorsey just cut the size of Block’s employee base in half – and he says your company is next
Jack Dorsey has been an open admirer of Elon Musk for years. Now that I think about it, I think he was taking notes. Dorsey announced Thursday that Block, the payments company he founded that operates Square, Cash App and Tidal, will cut more than 4,000 jobs, nearly half of its global workforce, from more […]
Human CEO stands firm as Pentagon deadline approaches
Anthropic CEO Dario Amodei said Thursday that he “could not in good conscience consent to this.” [the Pentagon’s] Demand that the military be given unrestricted access to AI systems. “Antropic understands that military decisions are made by the Department of the Army, not private companies,” Amodei said in a statement. “However, we believe that in […]