Microsoft suffers sharpest one-day stock fall since 2020
Microsoft shares fell about 10 per cent on Jan. 29 after the company reported quarterly results that missed some investor expectations. The drop in shares erased roughly $357 billion from Microsoft’s market capitalization, leaving it at about $3.22 trillion by the close of trading. This marked the stock’s sharpest single-day decline since March 2020. Investors […]
Capgemini to sell U.S. subsidiary over ICE contract controversy
French IT services group Capgemini said it will sell a U.S. subsidiary working with American immigration authorities. This follows mounting political pressure and public backlash over the unit’s role in contracts with the U.S. Immigration and Customs Enforcement. The company said the divestment of Capgemini Government Solutions would begin immediately, after an extraordinary board meeting […]
Former Google engineer convicted of stealing AI trade secrets for China-linked startups
A former Google software engineer has been convicted of stealing sensitive artificial intelligence hardware secrets from the company and using them to support two China-based startups, including one he founded, according to U.S. court records. A federal jury on Thursday found Linwei Ding, also known as Leon Ding, guilty on seven counts of economic espionage […]
Moltbook backend misconfiguration allowed takeover of AI agents
A security flaw in Moltbook, a recently viral platform billed as a social network for autonomous AI agents, left the site’s core systems exposed and allowed anyone to take control of AI accounts and post content in their name. Moltbook has drawn widespread attention over the past several days after reports of AI agents interacting […]