“Rakuten Group Inc. has achieved its first quarterly net income in six years, driven by significant growth in fintech and e-commerce. This milestone marks a notable turnaround for the company after years of losses.”
Rakuten Group Inc. has earned its first quarterly net income in six years, driven by significant growth in its fintech and e-commerce segments.
The company's turnaround is attributed to the substantial growth in its fintech and e-commerce segments, highlighting a significant shift in its financial performance after years of losses.
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Spanish police have caught a cybercriminal who allegedly used deepfake technology to obtain digital certificates in other people's names, with the suspect's luck running out due to a momentary processing delay. The suspect made 38 attempts to impersonate 30 people, succeeding on multiple occasions, and planned to use the credentials in further cybercrimes.
Upwork CEO Hayden Brown has addressed concerns over AI disruption, stating that while some entry-level tasks are being automated, the demand for experts who can utilize AI tools is increasing. The company is positioning itself as an ecosystem where talents can access the latest technologies to boost productivity, with a long-term plan to integrate AI solutions into its workflow.
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Korea's sovereign wealth fund is set to join the global race for investments in artificial intelligence and robotics, marking a significant move into the technology sector. The fund's decision is expected to boost the country's presence in the global tech industry and create new opportunities for growth and innovation.
South Korea has announced a significant investment in artificial intelligence to strengthen its position in the global tech landscape, aiming to become a leading power in the AI sector. The investment strategy involves substantial funding for research, development, and infrastructure, including support for the semiconductor industry and public-private partnerships to foster the local startup ecosystem.
The ongoing conflicts in Ukraine and Iran, along with the FIFA World Cup, have sparked a significant rise in DDoS attacks on media organizations, making them the most targeted sector in 2026. These attacks can effectively achieve censorship and information suppression by taking news outlets offline during critical periods.
A cyberattack on logistics giant CEVA has disrupted warehouses across Europe and exposed customer data belonging to several big-name clients. The attack, which occurred between July 29 and August 1, has affected eight CEVA warehouses in Europe, potentially stealing customer information such as names, addresses, and phone numbers.
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