Major Asian tech indexes tumbled Wednesday, with Japan’s Nikkei falling 4.7% and South Korea’s Kospi dropping 6.2%. The selloff reflects growing skepticism about whether AI companies can deliver on their massive valuations despite pouring billions into the technology.
North Korean threat group Kimsuky has deployed a sophisticated new backdoor called HTTPTroy against South Korean targets. The malware uses layered encryption and memory-resident techniques to avoid detection. Here’s what makes this threat different and why defenders should pay attention.
Google is partnering with Planet Labs to launch AI chips into space under Project Suncatcher. The company envisions massive 81-satellite clusters forming orbital data centers, with the first two satellites launching by early 2027.
IBM has begun notifying thousands of employees they’ll be laid off, with some divisions facing 50% cuts. The company’s infrastructure group saw revenue growth but appears to be restructuring for profitability. Current job openings heavily favor India over the US.
Apple is rolling out three significant upgrades to its Podcasts app starting with iOS 26.2. The changes include automatically generated chapters, improved podcast discovery, and better handling of show notes links. These features aim to solve long-standing frustrations for both listeners and creator
Microsoft has launched its first in-house AI image generator called MAI-Image-1 directly into Copilot. The model promises photorealistic outputs and better handling of tricky details like hands. Early users are already calling it a major upgrade.
MACOM has locked down an exclusive license to manufacture products using HRL Laboratories’ proprietary 40nm T3L gallium nitride-on-silicon carbide process. The technology was developed through multiple defense programs including DARPA’s DREaM initiative. This deal represents a major shift of advance
Google just expanded Chrome’s autofill feature beyond passwords to include sensitive identification documents. The feature requires “enhanced autofill” to be enabled and promises better form recognition. But is storing your passport in a browser really a good idea?
Nestlé is overhauling its enterprise software to set the stage for AI and automation capabilities. The upgrade comes as the company plans to eliminate 16,000 positions globally over the next two years, with most cuts hitting corporate roles.
A former compliance officer is suing Capula Investment Management, claiming he was wrongfully terminated after questioning the firm’s expense practices. The lawsuit alleges the $32 billion hedge fund expensed artwork and private jet travel improperly.
