Topic: financial loss
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Sony CFO: Destiny 2 Underperforms After $3.6B Bungie Deal
Sony's $3.6 billion acquisition of Bungie has underperformed, with Destiny 2 failing to meet financial and engagement targets, leading to significant impairment losses. CFO Lin Tao attributed the shortfall to changes in the competitive environment and revised the business forecast, acknowledging ...
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Rising Google Ads MCC Takeover Scams: How Phishing Attacks Work
A surge in sophisticated phishing attacks is compromising Google Ads Manager accounts, allowing fraudsters to drain advertising budgets of tens of thousands of dollars within hours, even bypassing two-factor authentication. Attackers use deceptive emails that mimic legitimate Google invitations, ...
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Pony.ai to Triple Robotaxi Fleet by 2026
Pony.ai plans to triple its robotaxi fleet to over 3,000 vehicles by the end of 2026, expanding from its current operations in major Chinese cities and internationally through partnerships. The company reported a 72% year-over-year revenue increase to $25.4 million in Q3, driven by robotaxi servi...
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The Hidden Cost of Convenience: Your Security at Risk
AI-powered scams are becoming more convincing and harder to detect, with deepfake technology now a primary concern for many individuals. Mobile phones are the most vulnerable point in personal digital security, as many users handle sensitive transactions without adequate protection. Social media ...
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DraftKings Users Hit by Widespread Account Hacks
DraftKings experienced unauthorized account access through a credential stuffing attack, where attackers used stolen login details from external sources to compromise user accounts. The breach exposed personal details like names and contact information, but sensitive data such as full payment car...
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Decoding the .7ga9lt4bur7 Ransomware (Mimic/Pay2Key)
A sophisticated ransomware attack has encrypted critical business files and exfiltrated sensitive company data, including employee records and financial documents. The attackers demand payment for a decryption tool and threaten to publish the stolen data, which could lead to regulatory fines, law...
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Unmasking the .7ga9lt4bur7 File: A Mimic/Pay2Key Ransomware Threat
A new ransomware threat uses the **.7ga9lt4bur7 extension** to encrypt files and demands payment to prevent stolen data from being published. Attackers exfiltrate sensitive information before encryption, including employee records and financial documents, risking severe fines and reputational dam...
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Get Ready for the New SMS ID Register: Regulator Urges Action
The Australian Communications and Media Authority (ACMA) is implementing an SMS Sender ID Register requiring organizations to register branded SMS sender names with their telecom providers to combat scammers impersonating trusted brands. Starting July 2026, only registered sender IDs will be allo...
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Destiny 3 Reportedly in 'Extremely Early Development'
Credible leakers report that Destiny 3 is in extremely early development at Bungie, with a related "Destiny 2 classic" project also approved, contributing to recent content delays. The rumors coincide with Destiny 2's declining player counts and financial losses, suggesting a new installment may ...
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Google Uncovers 'Staggering' Scam Text Operation Platform
Google has uncovered and taken legal action against the massive "Lighthouse" text message scam operation, which has targeted individuals in over 120 countries and generated billions in illicit profits. The criminal group, based in China, impersonated legitimate organizations like the USPS and use...
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OpenAI Chair Bret Taylor: We're in an AI Bubble (And That's Okay)
The current AI investment surge resembles a classic tech bubble, similar to the dot-com era, with inevitable financial losses expected. Despite the hype and speculation, the underlying potential of AI is considered real and transformative, much like the internet revolution. The key challenge is n...
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