North Korea linked to $1.5 billion crypto theft from ByBit, says FBI
ByBit, which serves over 60 million users, confirms that an attacker accessed an ether wallet and transferred its holdings to an unknown address
Oil prices stay low as U.S. crude stockpiles decline
Brent crude drops by 19 cents to $72.83 a barrel, while U.S. West Texas Intermediate crude futures fall by 13 cents to $68.80
Apple faces pressure from Trump to eliminate DEI programs
Trump criticizes DEI programs as discriminatory and suggests the Department of Justice investigate whether they violate the law
Dollar rises from 11-week lows as US Treasury yields recover
The dollar index rises 0.30% to 106.56, recovering from a weekly low of 106.12, its weakest since December 10
Ukraine agrees to share mineral revenue as part of broader U.S. negotiations
There is no $500 billion debt in the agreement, nor $350, nor $100 billion because that would be unfair, says Zelenskiy
Italian authorities seize $49.1 million from DHL unit in labor fraud case
Prosecutors accuse the company of evading labor laws through worker supply firms that avoided taxes and social security payments
Apple to sell iPhone 16 in Indonesia after $300 million investment deal
Apple is in the process of obtaining a local content certificate, a key requirement for selling its devices in the country, says Indonesian Industry Minister
Elon Musk’s role in U.S. cost-cutting team faces legal scrutiny
In court, government lawyers fail to clarify Musk’s exact position, raising questions about the transparency of the initiative
Apple shareholders vote to keep diversity policies
The proposal submitted by the National Center for Public Policy Research receives 210.45 million votes in favor and 8.84 billion against
Hong Kong to cut 10,000 civil service jobs to reduce deficit
These measures provide a clear pathway toward restoring fiscal balance in a planned and progressive manner, says Hong Kong's Financial Secretary
Tesla’s valuation falls under $1 trillion for first time since November
Despite Tuesday’s decline, Tesla holds a $981 billion market cap and remains worth more than twice the combined value of General Motors, Ford, Volkswagen, Toyota, Hyundai, and BMW
Meta to face legal battle over alleged preference for foreign workers
Facebook and Instagram parent prefers to hire foreign workers because it can pay them less than American workers, plaintiffs claim
Warner Bros Discovery shuts down three game studios to cut costs
The decision follows financial losses from underperforming titles, leading to a $335 million impairment charge for the gaming division
Alibaba releases Wan 2.1 as open-source AI rival to DeepSeek, Sora
The company also announces plans to invest $52 billion over the next three years to strengthen its AI and cloud computing infrastructure
Microsoft invests in Veeam Software to expand AI-driven data protection
Veeam specializes in data backup and recovery, protecting against cybersecurity threats, ransomware, and data loss