Technology News of last week

Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far Q&A: How big a deal is the $6.3bn crypto heist? Tell us: have you been affected by the Binance hack? The world’s largest cryptocurrency exchange has been hit by a record $6.3bn (£4.7bn) hack described as the biggest heist in history, with experts identifying North Korea as the likely culprit. Binance said it would cover all customer losses as it froze $3bn of the affected assets. Continue reading...

Cryptocurrency exchange says 90% of losses covered as FBI blames North Korean state-sponsored group TraderTraitor The cryptocurrency exchange Binance has started to allow its customers to withdraw their funds from the platform, as it recovers from a record $6.3bn (£4.7bn) hack. The exchange was hit by the theft on Thursday, which has since been described as the biggest heist in history, with experts identifying North Korea as the likely culprit. Continue reading...

Cryptocurrency exchange has begun to allow withdrawals after theft believed to have come from North Korea Investors have pulled $3.6bn (£2.7bn) in funds from the cryptocurrency exchange Binance as it recovers from a record hack in which billions were stolen from customer accounts. The platform was hit by a $6.3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the probable culprit. Continue reading...

Deployments of surveillance vans over five months resulted in nine false alerts and led officers to engage with 146 registered sex offenders Get our breaking news email, free app or daily news podcast More than a million people have had their faces scanned in a trial of real-time facial recognition technology in Western Australia, resulting in 122 arrests and nine incorrect alerts. WA police said under the five-month trial, which concluded on Saturday, the technology scanned 1,380,882 faces after 100 deployments across 43 regional and metropolitan locations. Continue reading...

Residents in Kyiv also warned of chemical attack and street-to-street fighting in false message sent by unknown party Europe live – latest updates Unknown hackers have targeted Ukraine’s nationwide emergency alert mobile app, sending residents in Kyiv a warning that they were at risk of an imminent nuclear strike. The app reported a high possibility of nuclear radiation late on Sunday. It also wrongly warned of a chemical threat to the Ukrainian capital and street-to-street fighting. The messages were written in English with spelling mistakes, as well as in Ukrainian. Continue reading...

Exclusive: Gap between NHS claim and trusts’ comments described as ‘very misleading’ by senior health official More than two dozen hospital trusts the NHS claims have benefited from Palantir’s medical data platform are not using all or most of the AI-powered technology, the Guardian can reveal. The 29 hospital trusts that NHS England publicly lists as “realising benefits” from the controversial £330m federated data platform (FDP) have said the system is not live or they are not using any of its applications. The apparent gap between the NHS claim and the trusts’ understanding was described as “very misleading” by one senior health official. Continue reading...

Cryptocurrency theft is estimated to generate half of the country’s foreign currency income North Korea plays by its own rules. The isolated, secretive and autocratic country is largely cut off from the world’s economic system – but when it comes to generating foreign earnings it relies on some of the world’s most sophisticated hacking. Experts, such as TRM Labs, quickly attributed the extraordinary $6.3bn (£4.7bn) Binance cryptocurrency theft to TraderTraitor, an elite North Korean hacking unit that has also been known as the Lazarus Group. Though the link may not be proven yet, the pattern of behaviour is familiar. Continue reading...

Chains in seven countries say cooling unit temperatures rose overnight in incident similar to hack of French shops Who is hacking Europe’s supermarket fridges and freezers, and why? Supermarket chains in at least seven European countries have said the temperatures of refrigerators and freezers in some of their shops soared overnight to as high as 50C (122F), echoing a cyber-attack last month that caused millions of euros of damage in France. Retailers in Belgium, Estonia, Ireland, Finland, Luxembourg, the Netherlands and Sweden reported problems with their refrigeration systems on Monday, and several companies confirmed they had been hacked. Continue reading...

Google says one of its Android manufacturing partners secretly built a backdoor in 1.3 million devices and turned them into a botnet. The company says it has now dismantled the backdoor and "cut ties" with the manufacturer, the Shenzhen, China-based Videostrong Technology Co., which has been banned from building or selling certified Android devices or […]

The New York Times and a group of other publications have filed lawsuits against the company that makes the Brave web browser over alleged unlawful scraping to train AI and also letting users bypass their paywalls, as reported by Reuters. According to a complaint filed by the New York Daily News, the Chicago Tribune, and […]

Bowen Wan was on anti-seizure medication, and chatbot provided her with a tapering schedule to reduce dosage A woman’s death from an epileptic seizure after she received dangerous advice from a chatbot has prompted her parents to sue OpenAI earlier this week. The legal action is the latest lawsuit that in which plaintiffs allege that a bot provided counsel to a user that ultimately led to their death. Continue reading...

Prospect to hold workplace sessions and recruit members under agreement with tech company Trade unions are expected to make further inroads into big tech companies in the UK after new rights for unions to access workplaces came into force, with Google UK signing an agreement on Monday. The Prospect union has reached an agreement with Google to begin organising among about 7,000 workers across its UK operations, including YouTube but excluding DeepMind. Continue reading...

Russia plans to build own version of US billionaire’s satellite communications to help attack Ukraine Vladimir Putin praised Elon Musk’s genius and said he was in touch with Starlink’s controlling shareholder as Russia develops its own satellite communications for its military to use against Ukraine. The Russian president, speaking at a summit with African leaders in Moscow, was comparing the Earth-orbiting network built by Musk’s SpaceX with Russia’s gradual efforts to build its own Rassvet constellation. Continue reading...

New electricity generating capacity would enable north-east to attract investment for large-scale AI infrastructure National Grid has taken a step towards building Britain’s biggest electricity substation on Teesside, which could supply power to a vast neighbouring datacentre as the UK races to expand its AI infrastructure. Last week, the company agreed to purchase 29.5 hectares (73 acres) of land at Dorman Point on a site owned by Teesworks, a local private-public partnership. The deal was first reported by Sky News. Continue reading...

Anthropic, the creator of Claude, filed to go public on the US stock market on 26 October. The company's filing statement contains a 92-page risk factor document in which it acknowledges the dangers that AI poses to society and human beings, and factors that could negatively affect Anthropic's business. Johana Bhuiyan, senior tech reporter for the Guardian, breaks down the document and explains why Anthropic's IPO could be a real test for the AI boom Anthropic files for potentially record-breaking stock market valuation in key test for AI industry Continue reading...

The tech mogul’s midterm donations backing Republicans have made him the largest single-cycle political donor in modern US history Elon Musk has poured so much money into US politics this midterms election cycle that his donations could fund half a dozen SpaceX rocket launches or buy thousands of Tesla Cybertrucks. At the Tesla Diner in Los Angeles, Musk could order more than 31.9m cheeseburgers with the money he has spent on the midterms. Musk, the world’s richest person, has funnelled at least $445.77m into Republican-aligned political action committees (Pacs) and groups since last year, according to US Federal Election Commission data as of 29 October. The contributions have made him the Republicans’ most prominent financial backer and the largest single-cycle political donor in modern US history. Continue reading...

Meta is planning to release the last OS update for its Quest 2 and Quest Pro VR headsets by March 2027, the company announced today. The last OS update for those devices is planned to be v213, and after that, Meta will continue to ship security patches and critical bug fixes through the end of […]

Apple has reportedly delayed the launch of its rumored smart home robot until next year at the earliest or possibly even 2028, according to The Information. It says the robot's hardware "has been finished for around two years," but that the software isn't ready. The device's software team has reportedly pushed to delay the launch […]