Jakub Porzycki | Nurphoto | Getty Images Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry. In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits. While the rapid […]
China-made medical devices are all over U.S., and the Feds are worried
A popular medical monitor is the latest device produced in China to receive scrutiny for its potential cyber risks. However, it is not the only health device we should be concerned about. Experts say the proliferation of Chinese health-care devices in the U.S. medical system is a cause for concern across the entire ecosystem. The Contec […]
Hackers steal $1.5 billion from exchange Bybit, biggest crypto heist
Ben Zhou, chief executive officer of ByBit, during the Token2049 conference in Singapore, on Thursday, Sept. 14, 2023. Joseph Nair | Bloomberg | Getty Images Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history. The attack […]
Hims & Hers shares fall after FDA says semaglutide no longer in shortage
Products of Hims & Hers displayed. Hims & Hers Shares of Hims & Hers Health tumbled more than 23% on Friday after the U.S. Food and Drug Administration announced that the shortage of semaglutide injection products has been resolved. Semaglutide is the active ingredient in Novo Nordisk‘s blockbuster weight loss drugs Wegovy and diabetes treatment Ozempic. Those […]
Amazon wins creative control of James Bond franchise from Broccoli family
Daniel Craig stars as James Bond in “No Time To Die.” Source: MGM Amazon is set to take creative control over the lucrative James Bond movie franchise from the Broccoli family, the company announced Thursday. The James Bond films have long been produced by Michael Wilson and Barbara Broccoli, who inherited the control from their […]
Apple unveils cheaper iPhone 16e powerful enough to run AI
Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple announced a new iPhone model on Wednesday that is priced lower than its […]
Firm representing Musk, Tesla drafts bill for Delaware corporate law
Elon Musk leaves after a meeting with Indian Prime Minister Narendra Modi at Blair House, in Washington, D.C., U.S., February 13, 2025. Nathan Howard | Reuters A law firm that represents Tesla and Elon Musk has written proposed legislation that would alter Delaware corporate law, according to a person directly familiar with the drafting of […]
DeepSeek ramps up China-U.S. competition but won’t hurt OpenAI
Tech bosses largely agree the risk DeepSeek poses to OpenAI remains limited for now. Bloomberg | Bloomberg | Getty Images The technological advances that Chinese artificial intelligence lab DeepSeek have displayed show the game is on when it comes to U.S.-Sino competition on AI, top tech executives told CNBC. In a series of interviews at […]
Amazon workers reject union in vote at North Carolina warehouse
File: The Amazon distribution center in Garner, N.C. opened in August 2020. Across four floors, the warehouse covers 2 million square feet. Scott Sharpe | Tribune News Service | Getty Images Amazon workers at a facility near Raleigh, North Carolina, overwhelmingly voted against unionizing on Saturday. Of the 3,276 ballots cast, there were 2,447 votes […]
Crypto, Trump, GOP leadershipo gang up on FDIC over debanking
A US Postal Service worker outside a Signature Bank branch in the Brooklyn borough of New York, US, on Wednesday, March 15, 2023. Angus Mordant | Bloomberg | Getty Images Anchorage Digital CEO Nathan McCauley wants everyone to know what happened to his crypto company in 2023 during the Biden administration. “Our story is pretty […]