This Week: Fashion’s Travel Retail Bet Pays Off

The post-pandemic travel boom is showing no sign of slowing. In the US, daily travelers passing through airport security have reached all-time highs, according to the Department of Transportation. July 4th saw record numbers of Americans hitting the road. Meanwhile, Chinese tourists are taking international trips nearing pre-Covid levels, with outbound trips reaching 89% of […]

Apple challenges EU Commission’s App Store decision

The landscape of digital marketplaces is shifting as Apple faces a significant challenge from the European Union. On May 16, 2024, Apple filed a case disputing the European Commission’s decision related to the operations of its App Store. Among the core issues raised by Apple are the definitions of the relevant market and anti-steering provisions. […]

Crypto thefts surge in 2024

Crypto thefts have surged dramatically in 2024. As of June, hackers have stolen over $1.38 billion worth of crypto, a significant increase from $657 million in the same period of 2023. This rise in thefts underscores the vulnerabilities in the crypto sector and the need for enhanced security measures. Several high-profile incidents have contributed to […]

International law enforcement coalition dismantles illegal uses of penetration testing tool used in ransomware

In a landmark development, an international coalition led by the UK’s National Crime Agency (NCA) has successfully dismantled hundreds of illegal installations of the Cobalt Strike software. This penetration testing tool, originally intended for legitimate security testing, had been widely misused by cybercriminals and ransomware gangs across 27 countries. Cobalt Strike, used by ethical hackers […]

How AI is reshaping US intelligence operations

In recent years, generative AI has revolutionized various sectors, and now it’s making a significant impact on US intelligence operations. This technology is not just a tool; it’s becoming a game-changer in the way intelligence agencies, like the CIA, operate. Generative AI helps process vast amounts of data quickly and accurately. Traditionally, intelligence officers would […]

General Election 2024: What Labour landslide victory means for AI

Following a landslide victory in yesterday’s General Election, Labour’s AI strategy is set to become a crucial aspect of the new government. This seismic shift in political power brings numerous implications for businesses and innovations centered around artificial intelligence. Labour’s comprehensive AI strategy promises to transform various sectors, sparking significant interest among tech entrepreneurs and […]

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