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Investors poured in cash but once near-unicorn Builder.ai goes bankrupt

Hundreds of millions of dollars were invested in an AI company Builder.ai. But it turns out it overstated sales by as much as four times and has now filed for bankruptcy.
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TikTok bans #SkinnyTok searches over "harmful weight loss content"

TikTok has banned searches for the #SkinnyTok hashtag amidst criticism that it promotes “unhealthy weight loss content”
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UK court rules lawyers who use ChatGPT can face criminal charges

Calling out the increased use of AI tools to argue legal cases, London’s High Court on Friday ruled that lawyers caught citing non-existent cases can be held in contempt – or even face criminal charges.
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Trump and Musk spat: how will the tech bro community react?

Elon Musk and US President Donald Trump were almost best friends a few months ago – now, they’re enemies, publicly sparring on social media. It remains to be seen whether a truce is even possible, but fellow tech oligarchs are already being forced to choose whom to support.
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Meta now says it’s perfectly ok for big tech to team up with the US military

After partnering with Anduril Industries, a defense contractor, to develop new products for the US military, Meta now says the move signifies a cultural shift. But big tech has been working with the Pentagon for years anyway.
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Musk lovefest over as Trump cancels SpaceX contracts, billionaire retaliates by decommissioning Dragon rocket

The lovefest between Elon Musk and US President Donald Trump appears to have soured after the tech mogul ordered SpaceX to "immediately" decommission one of its rockets – the partially reusable Dragon spacecraft – after Trump vows to cancel all Musk's federal contracts.
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Google executives dismiss fears over AI taking our jobs: we’re expanding

Alphabet CEO Sundar Pichai attempted to push back against concerns that AI could take millions of human jobs but acknowledged that these fears are legitimate – even though thinking too far ahead is “pointless,” he added.
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Feds seize notorious BidenCash alongside 145 cybercrime marketplace domains

BidenCash, a dark web carding market responsible for trafficking over 15 million payment card numbers and other sensitive information, has suffered a major blow from authorities. Approximately 145 domains linked to the platform have been seized.
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Kettering Health ransomware attack claimed by Interlock gang, 941GB stolen data

The Interlock gang on Wednesday has claimed the ongoing ransomware attack on Kettering Health, along with the nearly 1TB of data it alleges to have exfiltrated from the healthcare conglomerate.
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NAACP says Musk and his "dirty data center" are "jeopardizing health" of Black communities, shut it down

New accusations by the NAACP against Elon Musk say the tech mogul’s Colossus supercomputer and "dirty data center" in Memphis are violating US environmental regulations and polluting nearby Black communities with toxic chemicals – and it should be shut down immediately.
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Your Uber Eats driver is likely stressed and in pain

Gig economy workers report high levels of anxiety and even physical pain, a new survey from the University of Cambridge has found.
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Cartier reveals some customer data stolen in cyberattack

Cartier, the luxury jewellery company owned by Richemont, had its website hacked and some client data stolen, it told customers, according to an email seen by Reuters on Tuesday.
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Environmental Protection Agency breach claims lack teeth, researchers say

Attackers claim to have stolen over 100 gigabytes of data from the US Environmental Protection Agency (EPA). However, the claim is likely hot air as no sensitive data could be found.
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North Face warns customer logins compromised in April credential stuffing attack

The North Face outdoor apparel brand is alerting customers about a recent credential stuffing attack in which cybercriminals gained access to some personally identifiable information.
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Disney culls more jobs

Disney is laying off several hundred more employees in its latest round of job cuts, part of chief executive Bob Iger’s push to save $5.5 billion.
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Every second top mental health TikTok video contains misinformation, study finds

An investigation by The Guardian, a British newspaper, has found that more than half of all top-trending videos offering mental health advice on TikTok contain misinformation.
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Microsoft quietly signs off on more layoffs, culls staff at LinkedIn

The period of tech job market uncertainty is seemingly not over. Less than a month after announcing it was letting go of 3% of its staff, Microsoft has now fired hundreds more.
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Microsoft, Crowdstrike to create unified "Rosetta Stone" of threat actors and their wacky names

A new unified threat mapping system, spearheaded by Microsoft and Crowdstrike, aims to simplify naming conventions currently used to classify nation-state threat actors and other cybercriminal groups industrywide.
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Musk pushes new privacy-friendly XChat with encryption, vanishing messages

Elon Musk is pushing the launch of his social media platform’s new "XChat," touting upgraded security and privacy features such as end-to-end encryption and vanishing messages.
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Saudi police crack down on Hajj scammers

Saudi Arabian officials are warning that only people with official permits can perform the sacred journey to Mecca as police clamp down on scammers targeting Muslim pilgrims.
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