Department of Justice says ransomware group exploited Russian government database
A US court has found Latvian hacker Denis Zolotarjovs guilty of a ransomware attack and sentenced him to more than eight years in prison. The Justice Department accused the hacker of belonging to Russia’s notorious ransomware gang Karakurt. Karakurt is a ransomware gang led by former leaders of the Akira and Conti ransomware gangs, which […]
SpaceX could spend up to $119 billion on Terafab chip factory in Texas
SpaceX, the space company that also owns Elon Musk’s AI company xAI, is considering spending at least an initial $55 billion to build a semiconductor factory in Grimes County, Texas, according to a proposal posted on the county’s website. The company estimates it could spend a total of $119 billion on the project, which will […]
DeepSeek could reach $45 billion valuation from first investment round
DeepSeek is in talks to raise its first round of venture capital, with its potential valuation soaring from $20 billion to $45 billion in just a few weeks, the Financial Times and Bloomberg reported. Chinese AI labs rose to prominence in early 2025 by launching large-scale language models trained at a fraction of the computational […]
Apple pays $250 million to settle lawsuit over Siri AI delays
Apple has agreed to pay $250 million to settle a class action lawsuit over how it marketed its AI capabilities ahead of the iPhone 16’s launch. The Financial Times first reported the news. The complaint alleges that Apple overstated the wide range of features offered by Apple Intelligence, including a significantly upgraded version of its […]
3 days left until you get 50% off your second ticket to Disrupt 2026
It’s been 3 days. It’s all that will determine not only whether you attend TechCrunch Disrupt 2026, but also who you will attend at San Francisco’s Moscone West from October 13th to 15th, and how much credibility you will take from this opportunity. Currently, when you buy one pass, you get 50% off a second […]
Samsung soars to $1 trillion due to AI boom
Samsung was valued at $1 trillion on Wednesday, with the South Korean tech giant’s shares soaring more than 10% as demand for chips fueled by the ongoing artificial intelligence craze. This milestone makes Samsung the second Asian company to cross the $1 trillion threshold after TSMC. The news comes on the heels of Samsung’s blockbuster […]
Some kids evade age verification checks with fake mustaches
Some age verification systems are no match for enterprising kids. Kids discovered they could bypass adult website blocks by simply drawing on fake beards with a makeup pencil. UK-based non-profit organization Internet Matters surveyed 1,000 children about online age verification checks and found that around half said age verification could be easily circumvented. “Children demonstrated […]
reMarkable’s new Paper Pure tablet goes back to basics with a monochrome screen
After tapping into a larger market for productivity tablets with color displays with the Paper Pro and smaller Paper Pro Move, E Ink tablet maker reMarkable is going back to its roots with a new monochrome device called the Paper Pure. The new $399 Paper Pure is the six-year-old successor to the monochrome reMarkable 2, […]
Peter Sarlin’s QuTwo reaches $380 million valuation in angel round
QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sahlin, has raised an angel round of 25 million euros (about $29 million) and is now valued at 325 million euros (about $380 million). This reflects continued tailwinds for AI, quantum computing, and sovereign technology, particularly for European-made companies. Although QuTwo’s name […]
Marc Lore says AI will soon allow anyone to open a restaurant
Marc Lore, a veteran e-commerce entrepreneur who sold previous startups to Amazon and Walmart, has big plans to bring AI to his current venture, Wonder. At the heart of these plans is Wonder Create, an initiative that uses AI to enable anyone from food entrepreneurs to social media influencers to design and launch their own […]