Meta Platforms CEO Mark Zuckerberg told employees at an internal all-hands meeting on July 2 that development of the company’s AI agent technology has not accelerated as planned over the past four months, despite a major internal restructuring. Meta laid off about 8,000 staff and reassigned roughly 7,000 employees to...
London – On July 2, 2026, the Sophos Counter Threat Unit published a detailed threat intelligence report describing a formal operational partnership between the Vect ransomware group and the credential-harvesting collective TeamPCP, also known in criminal forums as PCPcat, ShellForce and DeadCatx3. Researchers state that the alliance creates an industrialized...
United States and European markets saw sharp declines in semiconductor shares after reports that Anthropic has begun early-stage development of its own artificial intelligence chips and entered talks with Samsung Electronics about potential manufacturing using its 2-nanometer process and advanced packaging. Anthropic has not yet determined the processor’s precise use...
Apple Inc. is in negotiations to purchase memory chips from Chinese semiconductor makers ChangXin Memory Technologies and Yangtze Memory Technologies, both listed by the U.S. Pentagon as supporting Beijing’s military development, according to Bloomberg sources. The chips would be used in Apple devices sold in China, and no U.S. approval...
United States-based Medtronic has begun formally notifying customers and other affected individuals after confirming that a major data breach linked to the ShinyHunters cyber-extortion group compromised its corporate IT systems earlier this year. The security incident occurred between April 13 and April 19, 2026, when an unauthorized third party infiltrated...
An EU-funded report released on Thursday warns that Europe’s semiconductor industry faces a bleak outlook unless it rapidly reinforces domestic supply chains and reduces strategic dependencies. Produced by the EU Institute for Security Studies and French think tank Institut Montaigne, the study cites Chinese export controls on critical minerals and...
In San Francisco on July 2, 2026, Microsoft announced the launch of Microsoft Frontier Company, a new operating entity backed by a $2.5 billion investment to accelerate enterprise adoption of artificial intelligence. The unit will help large corporate clients evaluate, select, deploy, and integrate multiple AI models, combining proprietary and...
AUSTIN, Texas – Tesla has begun engineering tests of its first mass-produced Cybercab, an autonomous electric vehicle, at its facility in Austin, the company said on its official social media account. The Cybercab is Tesla’s purpose-built robotaxi, developed specifically for autonomous ride-hailing services and designed without a steering wheel or...
A US federal judge has allowed most claims in a multistate lawsuit accusing Meta Platforms of harming young users through allegedly addictive features on Facebook and Instagram to move forward. In a ruling issued Monday, Judge Yvonne Gonzalez Rogers of the US District Court denied Meta’s bid to dismiss allegations...
Blue Origin’s New Glenn heavy-lift rocket exploded on the launch pad during a May 28 engine hot-fire test at Cape Canaveral Space Force Station in Florida, the company has confirmed. The anomaly occurred in the aft section of the first stage during a critical test intended to validate engines before...
