North Korean hackers posing as remote IT workers and recruiters remain a major threat to U.S., European, and Asian companies, accounting for about half of all attacks over the past 12 months.
Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues
Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing.
Everyone wants a piece of Tesla’s battery business
Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business.
Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations
The ShinyHunters hacking gang claims to have compromised the Oracle PeopleSoft servers of more than 100 organizations, including many universities.
Why Andrew Yang is building instead of waiting for Washington
Andrew Yang’s 2020 presidential campaign was based on a warning that automation and AI would hollow out the labor market and concentrate wealth in the hands of a few. At the time, ideas like Universal Basic Income…
xAI fired an engineer who raised alarms about Grok safety, new lawsuit claims
A former xAI engineer is suing the company and SpaceX, alleging he was fired for raising AI safety concerns about Grok days before SpaceX’s historic IPO.
Shun drugs, NDDC urges 200 foreign postgraduate scholarship beneficiaries
The NDDC has urged 200 beneficiaries of its 2026/2027 Foreign Postgraduate Scholarship Programme to excel academically and shun drug abuse while abroad. Read More: https://punchng.com/shun-drugs-nddc-urges-200-foreign-postgraduate-scholarship-beneficiaries/
Ekiti security team nabs suspected kidnapper, rescues two victims
Ekiti State’s joint security team has rescued two kidnap victims and arrested a suspected kidnapper in a forest between Ekiti and Kogi states. Read More: https://punchng.com/ekiti-security-team-nabs-suspected-kidnapper-rescues-two-victims/
Nigeria Air fraud: Ex-aviation minister rented Ethiopian Airlines plane for three-day show-EFCC
The EFCC alleges former Aviation Minister Hadi Sirika rented an Ethiopian Airlines plane for a three-day display, presenting it as the proposed Nigeria Air Read More: https://punchng.com/nigeria-air-fraud-ex-aviation-minister-rented-ethiopian-airlines-plane-for-three-day-show-efcc/
Falana, others set June 12 for nationwide protests over insecurity, hardship
Femi Falana and a coalition of groups declare June 12 a day of nationwide protest against worsening insecurity and economic hardship in Nigeria. Read More: https://punchng.com/falana-others-set-june-12-for-nationwide-protests-over-insecurity-hardship/