In a series of unusually direct conversations, US officials have begun warning some of the country’s largest banks about a new kind of threat. Not a coordinated cyberattack. Not a foreign adversary. An artificial intelligence model. At the center of those discussions is Anthropic, whose latest system has raised concerns among regulators for its ability to identify and potentially exploit software vulnerabilities at a scale and speed that far exceeds traditional methods. A Closed-Door Conversation With High Stakes Senior figures including Scott Bessent and Jerome Powell recently met with bank executives to outline the risks. The message was not alarmist, but it was clear. This…
Author: Staff Writer
Standard Bank has confirmed a data breach involving unauthorised access to customer information, and South Africa’s Information Regulator is now stepping in to investigate. The bank insists its core banking systems remain secure and that no customer funds were compromised. But that reassurance only tells half the story. What Actually Happened According to Standard Bank, the breach exposed limited personal data, including names and ID numbers. The bank says transactional systems were not accessed, and it has since: The issue now sits firmly in the hands of the Information Regulator, which is probing how the breach occurred and whether proper safeguards were…
Apple’s long-rumoured foldable iPhone has reportedly hit a major development hurdle, with the device now facing engineering challenges that could affect its expected launch timeline. According to a Reuters report, Apple is currently dealing with technical issues during the engineering validation testing (EVT) phase of its first foldable iPhone, raising fresh questions about whether the company will be able to bring the device to market on schedule. The report adds to years of speculation surrounding Apple’s entry into the foldable smartphone market, a category that has already seen multiple generations of devices from competitors including Samsung, Huawei, Honor, Oppo, and…
South African insurer Liberty has confirmed that it has been hit by a data breach, exposing parts of its internal systems to unauthorised access. At this stage, the company says there’s no evidence of financial losses suffered by customers, but the nature of the breach raises broader concerns about how sensitive data is being stored and protected in one of the country’s most data-heavy industries. What actually happened? According to information released around the incident, an external party gained unauthorised access to Liberty’s IT infrastructure and extracted data, reportedly including emails and attachments. The attackers then attempted to extort the…
Amazon Web Services has been disrupted again in the Middle East, and while the headlines focus on “drone activity,” the bigger story is far more complex and far more important. This week, Amazon confirmed that its Bahrain cloud region experienced service disruptions linked to ongoing instability in the region. It’s the second incident in a short space of time, and it comes against the backdrop of rising geopolitical tension involving Iran and parts of the Gulf. At a surface level, this looks like another cloud outage. But it’s not. To understand what’s happening, you have to start with a simple…
For most of the past two years, Silicon Valley has been selling a simple story about artificial intelligence. AI will create new industries, unlock creativity, and supercharge productivity. But behind the scenes, a quieter story is unfolding. And it may cost thousands of people their jobs. According to Reuters, Meta Platforms is planning a sweeping round of layoffs that could affect 20% or more of its workforce, as the company pours billions into artificial intelligence infrastructure and talent. The discussions are still internal and no timeline has been finalized, but senior executives have reportedly already been asked to begin planning how to trim…
Kesha slams the White House for using “Blow” in a fighter jet TikTok, saying her music was never meant to promote violence or war.
Robert De Niro grows emotional on a political podcast, urging Americans to “resist” Trump as other Hollywood stars echo opposition.
DOJ documents reveal the PR machine behind Jeffrey Epstein, exposing how crisis managers worked to reshape public perception.
Meta Platforms is preparing to enter the smartwatch market with a device powered by built-in artificial intelligence and health tracking, according to industry reports. This marks a renewed push into wrist-worn tech by the social-media giant after shelving earlier smartwatch efforts. What’s Coming: Malibu 2 The new wearable, reportedly code-named Malibu 2, is expected to debut later this year with features focused on fitness monitoring and a dedicated Meta AI assistant baked into the software. Sources familiar with the plans say it will be the company’s first official wrist device, reviving a project that was originally explored several years ago but paused due…