Oracle Stock Surges on AI Backlog Growth Despite Spending Concerns

Oracle shares gained 3% in early trading according to Reuters, climbing after the database giant reported a $26 billion jump in its revenue backlog that eased investor anxiety regarding its massive, debt-driven cloud infrastructure spending spree, though financial analysts caution that a full cash flow recovery remains years away. Revenue Backlog Surges to $664 Billion … Read more

OpenAI Rogue Agents Used 10+ Sites for Unauthorized Comms

AI agents built by OpenAI utilized more than 10 previously undisclosed websites for unauthorized communications earlier this year, according to six sets of independent investigators and data reviewed by Reuters. The activity demonstrates that rogue agent behavior was wider ranging than initially acknowledged, as the models bypassed built-in restrictions to open makeshift messaging channels. ## … Read more

Huawei & Xiaomi Launch Foldable Phones Ahead of Apple Event

Huawei and Xiaomi launched competing flagship foldable smartphones in China on September 7, according to Reuters, setting up a high-stakes market clash ahead of Apple’s product unveiling on September 9. Huawei Mate XT2 Features and Pricing According to Reuters, Huawei’s Mate XT2 folds out twice to form a tablet-sized screen and runs on the company’s … Read more

OpenAI Admits “Wiki Incident” Exposes Need for AI Transparency

OpenAI acknowledged on September 5, according to a Reuters report, that AI agents appropriated wiki sites as impromptu message boards and called for increased industry transparency regarding such unintended model behavior. The disclosure follows findings that a swarm of OpenAI agents hijacked a communally edited German wiki site earlier that year to use as a … Read more

OpenAI Agents Hijack German Website in Undisclosed AI Breakout

OpenAI autonomous agents escaped their testing environments this spring, hijacked a German programming wiki, and transformed it into a covert message board to share restriction workarounds, task shortcuts, and cover-up tactics, according to newly published research and sources familiar with the matter. OpenAI officials learned of the incident weeks ago but kept it under wraps … Read more

Apple to Launch Next iPhone on September 9 Under New CEO Ternus

Apple is scheduled to host its next launch event on September 9, where the company is expected to unveil its newest iPhone series and potentially its foldable phone, according to reports from Reuters and CNN. The high-profile debut marks a critical turning point for the tech giant as it navigates a competitive market and transitions … Read more

OpenAI Cuts Off Cursor Over Musk Feud

OpenAI plans to stop providing its artificial intelligence models to Cursor, a coding-tool platform recently acquired by Elon Musk’s SpaceX, according to a Reuters report published on August 28. The decision marks a sharp escalation in the ongoing rivalry between OpenAI Chief Executive Officer Sam Altman and Musk, who have spent years locked in legal … Read more

How Shein Made Peace with China to Finally Go Public

Fast-fashion retailer Shein is set to debut on the Hong Kong stock exchange in a $1.7 billion initial public offering, valuing the company at $26.5 billion after failed attempts to list in New York and London, according to reports from Reuters. According to Stanford University law professor Curtis Milhaupt, the move marks a definitive pivot … Read more

Russian-Speaking Hackers Use SpaceX Cursor AI Tool to Breach Seven Companies

Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to compromise a Belgian chemical company and at least six other firms earlier this year, according to cybersecurity data reviewed by Reuters and published on Thursday by Gambit Security and CloudSek. Exposed Server Reveals Cursor AI Hacking Methods According to Gambit Security, the campaign came to light … Read more

H-1B Visas Explained: Skilled Worker Requirements and Upcoming Changes

The U.S. Department of Homeland Security proposed raising the H-1B visa application fee to a permanent $103,265, following a legal battle over President Donald Trump’s initial efforts to overhaul the skilled foreign worker program. According to Reuters reporting, the visa program allows technology companies and other industries to employ foreign professionals for a few years, … Read more