News from around the World

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Corporate bitcoin treasuries could raise credit risks

Regulatory uncertainty, volatility, and liquidity challenges, could all elevate the credit risk profile of firms adopting a crypto treasury strategy, the report said.

Respectful performance management

Performance management is hard, no matter what side you’re on.

Everything announced at Made by Google, including Pixel 10, Pixel Watch 4, and Pixel Buds 2a

It wasn’t all hardware. Google spent just as much time hyping up its Gemini AI integrations, which now thread across every new Pixel device. From smarter camera tools to real-time translation and live call assistance, AI is still at the forefront of Google’s smartphone ambitions.

Ikea’s most Ikea product ever

Sweden’s greatest export pays homage to its second greatest export.

Microsoft boss troubled by rise in reports of ‘AI psychosis’

Related to this is the rise of a new condition called ‘AI psychosis’: a non-clinical term describing incidents where people increasingly rely on AI chatbots and then become convinced that something imaginary has become real.

UK telecom firm Colt suffers massive ransomware attack

As a result of the attack, Colt took some of its systems offline, which affected Colt Online and the Voice API platform.

VW introduces monthly subscription to increase electric car power

Those who buy an eligible car in its ID.3 range can choose to pay extra if they want to unlock the full power of the engine inside the vehicle.

‘Cryptocrash king’ Do Kwon pleads guilty to fraud that cost investors £31.8bn

Do Kwon was the boss of Singapore-based Terraform Labs, which operated TerraUSD and Luna – both of which collapsed in 2022, triggering a wider sell-off in the crypto market.

AOL ends dial-up service after more than 30 years

Fewer than 300,000 people in the US reported having only a dial-up internet connection, compared with more than 300 million with broadband service.

Bouygues Telecom hit by cyberattack, 6.4 million customers affected

An investigation by the company revealed that hackers gained access to a variety of customer details. This includes contact information, contract details, and, for many, their International Bank Account Number (IBAN).

Why firms are merging HR and IT departments

Some 64% of senior IT decision makers at large companies expect their HR and IT functions to merge within five years.

Chinese AI researchers just put a monkey’s brain on a computer

With 2 billion neurons, researchers say the DeepSeek-powered Darwin Monkey is a major step toward ‘brain-like intelligence.’

High street banks lose £100bn in deposits as UK savers shift to online rivals

KPMG says higher savings rates are fuelling move to challenger banks, specialist lenders and building societies

The cost of a data breach in 2025

IBM’s report shows that global breach costs fell to $4.44m while US breach costs reached a record high of $10.22m. AI is emerging as both an attack vector and a defense mechanism, with 13% of breaches involving AI models due to inadequate access controls. Phishing has overtaken stolen credentials as the most common initial attack vector.

The science behind regrowing missing teeth

A series of recent breakthroughs may offer those with dental issues something to chew on.

A pill for sleep apnea could be on the horizon

Experts say that if the new drug gets approved, it may lead to a big shift in how we treat the condition.

Microsoft fix targets attacks on SharePoint zero-day vulnerability

Microsoft issued an emergency security update for a vulnerability in SharePoint Server that is actively being exploited to compromise vulnerable organizations.

Microsoft SharePoint servers hacked by Chinese groups

China state-backed Linen Typhoon and Violet Typhoon as well as China-based Storm-2603 were said to have ‘exploited vulnerabilities’ in on-premises SharePoint servers, the kind used by firms, but not in its cloud-based service.

OpenAI agreed to pay Oracle $30B a year for data centre services

Speculation on the identity of the customer ensued as people wondered what company could possibly need a fresh $30 billion a year in data center services. For comparison, Oracle collectively sold $24.5 billion worth of cloud services in its fiscal 2025 to all customers combined, it reported in June.

SoftBank and OpenAI’s $500 billion AI project struggles to get off ground

The Stargate venture, introduced at White House event, is now setting the more modest goal of building a small data center by year-end

World Illustration Awards 2025 shortlist is here, and it’s a feast for the eyes

Featuring 200 standout projects from over 4,700 entries worldwide. From editorial brilliance to site-specific design, it’s a showcase of illustration at its most imaginative.

Louis Vuitton suffers two hacks in a week as customer data is accessed in UK

The retailer – part of French luxury group LVMH – is the latest firm in the sector to be targeted by cyber hackers following similar attacks at M&S, the Co-operative Group and Harrods.

‘Autofocus’ specs promise sharp vision, near or far

Niko Eiden, chief executive and co-founder of Finnish eyewear firm IXI, holds up the frames with lenses containing liquid crystals, meaning their vision-correcting properties can change on the fly.

New record set for wireless power beaming

The latest effort beamed 800 watts over 8.6 kilometers

Google exec: ‘We’re going to be combining ChromeOS and Android’

Google’s head of Android has said that the company plans to combine its mobile operating system with ChromeOS, the software that currently runs across Google’s Chromebook laptops.

Ikea is launching new smart home products, designed to be extra easy to use

Ikea says it’s spent years preparing for its forthcoming line of smart home products designed to be easy to use and widely compatible.

Revolut seeks $65B valuation, a year after its $45B deal

Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports.

McDonald’s chatbot recruitment platform exposed 64 million job applications

Two vulnerabilities in an internal API allowed unauthorized access to contacts and chats, exposing the information of 64 million McDonald’s applicants.

How F1 makes money

Here’s a closer look at Formula One Group’s financial engine in FY24:

Samsung seems to have leaked its own trifold phone design

The device is speculated to be called the “Galaxy G Fold,” though Android Authority notes that it’s labeled as the “Multifold 7” in the One UI 8 animation files.

Inside Wikipedia’s AI revolt

“What’s fascinating about this particular stumble is that the AI didn’t actually get anything egregiously wrong.”

Cloudflare Introduces pay per crawl: enabling content owners to charge AI crawlers for access

Many publishers, content creators and website owners currently feel like they have a binary choice — either leave the front door wide open for AI to consume everything they create, or create their own walled garden. But what if there was another way?

Amazon Is on the cusp of using more robots than humans in Its warehouses

The e-commerce giant now counts more than one million of the machines at its facilities

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