A London court determined on Wednesday that 18-year-old Arion Kurtaj hacked several major companies, including Uber and Rockstar Games, in recent years, according to the BBC.
Why it matters: Kurtaj is a member of the notorious Lapsus$ hacking group, which is believed to be made up of teen hackers in the United Kingdom and possibly Brazil.
As adoption of generative AI grows, providers are hoping that greater transparency about how they do and don't use customers' data will increase those clients' trust in the technology.
Why it matters: There's a mad scramble to add AI features across the board in the software world — but worries about privacy and security are prompting some businesses to discourage employees from using the new features.
Tesla suffered a data leak in May that affected more than 75,000 employees, according to a breach notification letter filed in Maine on Friday.
Why it matters: Leaked data includes information about current and former employees, such as their address, phone number, email addresses and Social Security number, per the letter.
U.S. officials are increasingly turning their attention to how best to keep spies and hackers out of the country's space systems — especially as private industry continues to play a bigger role in their development.
Driving the news: Intelligence officials issued a warning Friday that foreign spies could be targeting commercial space firms.
FTX's embattled hedge fund shop and other Wall Street investment firms are banding together for a refund.
Driving the news: Alameda Research and another hedge fund, Fir Tree Partners, started GrayscaleLitigation.com to bring together potential co-plaintiffs against Grayscale Investments over fees paid to its flagship Bitcoin Trust, better known by its ticker symbol GBTC, as well as its Ethereum Trust.
Microsoft is roping in Ubisoft in its attempt to win regulatory approval of its $69 billion bid for Activision Blizzard.
Driving the news: Microsoft announced early this morning a plan to divest cloud gaming rights that belong to Activision Blizzard games to the French gaming giant.
CEO optimism about the economy has trickled down into their organizations, a new PwC survey reveals.
Why it matters: Senior business leaders have plenty to worry about already as the effects of extreme weather threaten worker safety and supply chains, the labor market remains in favor of employees and the AI arms race raises more questions every day about the way we live and work.
Why it matters: Where the debate leads may shape the future of the direct air capture (DAC) industry, and the ability of countries to meet climate goals.
Facebook parent company Meta on Tuesday released an AI-powered translation engine that can more easily translate languages across text and speech.
Why it matters: AI is particularly well suited to language translation, and Meta's newest engine can translate spoken words from one language to another without having to first convert to text behind the scenes, among other advancements.
Leading media organizations are issuing guidance on leveraging artificial intelligence in the newsroom at the same time they're making licensing deals to let AI firms use their content to train AI models.
Why it matters: The sudden arrival of publicly and commercially available generative AI tools has forced a new set of ethical choices on media companies struggling to protect public trust while still experimenting with the technology and preserving their legal rights.
