A 20-year-old California man was sentenced to 78 months in prison for serving as a home invader and money launderer in a criminal ring that stole over $250 million in cryptocurrency. […]
Tag: money
AI, Global Security News, Government & Policy
China to Invest in DeepSeek at $50 Billion Valuation
The money will come from government-backed investors and align the AI startup with Beijing’s push for technology self-sufficiency.
AI, Europe, Exploits, Global Security News, Government & Policy, Network Security, Russia
U.S. court sentences Karakurt ransomware negotiator to 8.5 years
Deniss Zolotarjovs was sentenced to 8.5 years in the U.S. after pleading guilty to money laundering and fraud tied to ransomware. Deniss Zolotarjovs, a Latvian national linked to the Karakurt ransomware gang, has been sentenced to 8.5 years in U.S. prison, marking a significant step in efforts to combat global ransomware operations. “A Latvian national…
AI, Global Security News
You Have No Idea How Much You Still Use BlackBerry
Once left for dead, the company is making money again with hidden software in 275 million cars. You use it every day without knowing it.
Global Security News, Network Security
The infrastructure gap behind global payments
GUEST OPINION: Global commerce has expanded at speed, but the systems that move money across borders have not kept pace. Transactions may appear instant at the surface, yet behind them sits a network still dealing with cost, delay and fragmentation. For businesses operating across markets, the underlying architecture increasingly determines whether payments are approved, delayed…
Global Security News
Stablecoins: Always-On Money Needs Always-On Controls
Stablecoins are becoming the money layer for the always-on economy.
Global Security News
Careful what you wish for
The problem with advertising is not that you waste half your money but that you don’t know which half.
AI, Europe, Global Security News
European AI spending set to hit $290 billion by 2029
European enterprises are committing serious money to AI, and the numbers are accelerating. According to IDC’s Worldwide AI and Generative AI Spending Guide, AI spending across Europe will reach $290 billion by 2029, growing at a compound annual growth rate of 33.7%. Organizations across the continent are moving AI out of proof-of-concept projects and into…
AI, Cybersecurity, Data Breaches, Global Security News
Smashing Security podcast #461: This man hid $400 million in a fishing rod. Then it vanished
A cannabis-growing, beekeeping, gyrocopter-flying Irishman invested his drug money in Bitcoin back in 2011 – and now sits on a fortune worth $400 million. There’s just one small problem: the access codes were tucked inside his fishing rod case, which has mysteriously vanished. Or has it? Because this week, one of his frozen wallets suddenly…
AI, Compliance, Cybersecurity, Data Breaches, Endpoint, Global Security News, Network Security, privacy
This man hid $400 million in a fishing rod. Then it vanished
A cannabis-growing, beekeeping, gyrocopter-flying Irishman invested his drug money in Bitcoin back in 2011 – and now sits on a fortune worth $400 million. There’s just one small problem: the access codes were tucked inside his fishing rod case, which has mysteriously vanished. Or has it? Because this week, one of his frozen wallets suddenly…
Global Security News
OpenAI Closes Silicon Valley’s Largest-Ever Funding Round
The $122 billion round includes Amazon, Nvidia, SoftBank, wealthy investors and a money manager that plans to add the startup to its exchange-traded funds.
Global Security News
Activist Elliott Builds Big Stake in Chip-Design Software Maker Synopsys
Elliott plans to engage with Synopsys to push the business to make more money from its software and services, according to people familiar with the matter.
Global Security News
What Entertainment Might Look Like in 20 Years
Among them: Hollywood-quality movies you can make at home for very little money.
AI, Global Security News
Post-purchase upsells: The growth lever most online stores are missing
GUEST OPINION: Most online retailers invest most of their money in two things. One is getting visitors to their site, and the other is convincing them to purchase.