The Microsoft Azure Outage Shows the Harsh Reality of Cloud Failures
The second major cloud outage in less than two weeks, Azure’s downtime highlights the “brittleness” of a digital ecosystem that depends on a few companies never making mistakes. Powered by...
Ex-L3Harris Cyber Boss Pleads Guilty to Selling Trade Secrets to Russian Firm
Peter Williams, a former executive of Trenchant, L3Harris’ cyber division, has pleaded guilty to two counts of stealing trade secrets and selling them to an unnamed Russian software broker. Powered by WPeMatico
Fedi Launches G‑Bot Setup Service to Let Anyone Create Private Wallet Federations
G‑Bot enables nontechnical users to create and run Fedimint federations for Lightning, onchain bitcoin, and e‑cash payments. Fedi launches the G‑Bot Federation Setup Service, a chatbot‑guided tool that walks users through a three‑step process inside the app to create a private federation with hosted Fedimint servers, instant matching of three trusted guardians, Lightning connectivity, liquidity, […] Powered by...
Report: OpenAI Readies for $1 Trillion IPO, Reshaping the AI Gold Rush
OpenAI is reportedly prepping for a $1 trillion IPO that could make Silicon Valley’s wildest fever dreams look quaint—cementing Sam Altman as the ringmaster of the world’s most valuable AI circus. According to Reuters, the artificial intelligence (AI) giant, OpenAI, is quietly setting the stage for a blockbuster initial public offering (IPO) that could debut […] Powered by...
Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure Investment
The head of a Nigerian regulatory body warns that widespread gambling and crypto trading are diverting funds from the capital markets, undermining efforts to finance the country’s $150 billion infrastructure deficit. Capital Market vs. Risk Taking The Nigerian Securities and Exchange Commission (NSEC) is voicing concerns that the growing preference of residents for gambling and […] Powered by...
