Legal
Filed: Kyushu Electric's Missing Drive Holds 10.9M Records
Kyushu Electric's grid subsidiary lost a drive holding 10.9M customer records to a suspected theft, with METI demanding a full report by July 8.
Latest — Page 9
Legal
Breached: Oracle PeopleSoft Zero-Day Hits 100 Orgs
Oracle's PeopleSoft zero-day hit 100+ organizations, 68% of them universities, with student finance records now on a hacking group's leak site.
Legal
Coupang Fined $412M for Breach Hitting 34M Accounts
A former employee silently accessed 34 million accounts while Coupang grew. The $412M Korean fine that just landed is only the start of the bill.
Legal
Seized: AudiA6 Washed $380M for Ransomware Gangs
AudiA6 laundered $380M for ransomware gangs across three years. A Poland arrest unraveled a network that 11 countries couldn't crack alone.
Legal
DOJ Charges Russian in Void Blizzard Hack of 11 U.S. Firms
Denis Obrezko charged for buying Void Blizzard's attack infrastructure; the FBI confirmed 11 U.S. company breaches, likely a fraction of the total.
Legal
FTC Halts NAA Mortgage Scam Built on CARES Act Lies
FTC's restraining order against National Amendment Assistance exposes how CARES Act branding still lures distressed homeowners into foreclosure.
Deals
Biopharma Shed 6,956 Jobs in May, Takeda Leads
Biopharma cut nearly 7,000 jobs in May, a 47% YoY surge: Takeda's 4,500 restructuring targets 200B yen in savings, BioNTech another €500M.
AI
Jailed Over 93% AI Match, Dillon Sues Florida Cops
A 93% AI confidence score isn't a match probability. Florida cops knew it, filed the warrant anyway, and jailed Robert Dillon for two months.
AI
Finds Google Liable for AI Defamation in Munich
Munich's Regional Court ruled Google owns its AI Overviews speech, meaning it must pay when that speech defames publishers with invented facts.
Legal
ShinyHunters Breached 300 Oracle PeopleSoft Servers
ShinyHunters confirms breaching 300 Oracle PeopleSoft instances at 100+ organizations, with zero-days in play and universities hit first.
Legal
CFTC Proposes Bar on War, Terror Prediction Bets
CFTC's prediction market rule proposes a categorical bar on war and terrorism bets, citing assassination-plot conflicts of interest.
Deals
Amazon Files $17.5B Credit Facility for AI
Amazon's $17.5B delayed-draw loan carries a Sept. 30 draw deadline and zero financial covenants, built to fund a $200B AI capex push.
SEC
Hacked via Open API, ServiceNow Shares Fall on Disclosure
ServiceNow patched an open API silently on June 5, then disclosed attackers had queried customer tables four days later. Shares fell on disclosure.
FDA
Sanofi Cuts Riliprubart Phase 3 Over Efficacy Miss
Sanofi pulled the MOBILIZE phase 3 after an independent DMC found riliprubart unlikely to deliver, leaving $555M in projected CIDP sales at risk.
Legal
Judge Clears $38B Visa-Mastercard Swipe Fee Deal
$38B Visa-Mastercard swipe fee deal gets preliminary court nod, but the NRF says the fee cut just rolls rates back to 2023 levels.
