Once more into the BreachForums: The FBI has seized, for the second time, cybercrime forum BreachForums, a marketplace for hackers and cybercriminals to advertise, sell and trade stolen data. Authorities had seized a previous version of the site last year after arresting its administrator, but it popped back up under a new domain. Read More
Temu accused of breaching EU regulations: Ultra low-cost Chinese e-commerce platform Temu has been accused of a raft of breaches related to the EU’s Digital Services Act. Temu only entered the EU a year ago, and has quickly accumulated 75 million monthly users. Complaints allege that the company fails to meet requirements like trader traceability, rules against manipulative design, and transparency around product recommendation algorithms. Read More
Consolidation in cybersecurity: LogRhythm, the security info and event management (SIEM) company backed by private equity firm Thoma Bravo, is merging with rival cybersecurity company Exabeam. This is the latest instance of cybersecurity consolidation, with Palo Alto Networks buying the assets of IBM’s SIEM business QRadar; Cisco acquiring SIEM giant Splunk; and Akamai purchasing API security company Noname. Read More
Batteries, but for fossil fuel cars: Battery startup Bedrock Materials is developing a sodium-ion battery that promises to be much cheaper than lithium-ion batteries. But rather than chasing EV batteries like everyone else, Bedrock wants to first disrupt the batteries found in ICE vehicles, which are still very much in high production today. Read More
Aeropay is coming for Visa and Mastercard: Pay-by-bank startup Aeropay has found a way to innovate the payment network by going around the traditional card payment system. Aeropay created its own bank aggregator to connect bank accounts so that businesses can offer regulatory-compliant, cashless and contactless digital payments to customers, both online and in-store. Read More
Save the birds: Oslo-based Spoor is using AI to help wind farms stop ripping through bird populations. While it’s incredibly thoughtful of the startup, it’s a practical approach, too, since governments require wind farms to monitor and track their impact on birds. As someone who recently moved Stateside from New Zealand, where birds mean EVERYTHING, I see a decent future for Spoor’s tech. Read More
EU monitoring disinformation on X: The EU is closely monitoring disinformation campaigns on Elon Musk’s X following the shooting of Slovakia’s prime minister, Robert Fico. Musk had responded to, and thus amplified, a post on X by right-wing political influencer, Ian Miles Cheong. The post linked Fico’s shooting to the PM rejecting the WHO’s pandemic prevention plan. Grok is also on the EU’s watch list. Read More
