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Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of Ethereum (ETH) from one of the company's offline wallets. Bybit's chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the

Two years ago, oil and gas company Occidental bought carbon capture startup Carbon Engineering. The transaction was hailed as a win-win: A climate tech company scored a significant exit, and a fossil fuel company gained a foothold in a sector that could be worth up to $150 billion by 2050. Now we

Tiny Michigan biotech startup CircNova has raised a $3.3 million seed round for its technology that uses AI to target “circular RNA.” The development holds promise as a new method to quickly develop therapies for conditions that currently have no drug treatments. The new funding is als

Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not

Apple confirmed Friday that it “can no longer” offer a security feature that allows users in the United Kingdom to encrypt their iCloud data.  In a statement provided to technewss, Apple spokesperson Fred Sainz said the company’s Advanced Data Protection feature will no lon

A trove of chat logs allegedly belonging to the Black Basta ransomware group has leaked online, exposing key members of the prolific Russia-linked gang.  The chat logs, which include over 200,000 messages spanning from September 18, 2023, to September 28, 2024, were shared with threat intelli

Elon Musk’s Department of Government Efficiency is firing nearly half of a small government team that regulates autonomous vehicles, The Washington Post reported. The firings are part of a broader 10% reduction at the National Highway Traffic Safety Administration (NHTSA) as a result of firi

OpenAI said on Friday that it is rolling out Operator — its AI agent that can perform tasks on behalf of users — for ChatGPT Pro subscribers in Australia, Brazil, Canada, India, Japan, Singapore, South Korea, the U.K., and more countries. OpenAI said Operator will be available in most places w

Rivian's cost-cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still be a challenging year — especially because of the whorl of uncertainty caused by the new Trump administration. The company announced Thursday its fourth-quarter a

Rivian said Thursday it plans to launch a hands-off version of its driver assistance system for highway driving “in a few weeks,” and an “eyes-off” version in 2026. The hands-off system will let Rivian compete with companies like Ford and General Motors, which have both lau

The U.S. invested a record-breaking $338 billion in the energy transition last year, according to a new report, but it wasn't quite enough to lessen the country's overall carbon emissions. Solar took the lead, adding 49 gigawatts of new electrical generating capacity in 2024, far more than

The CEO of Clearview AI, the controversial facial recognition startup that created a searchable database of 30 billion photos by scraping the internet, has resigned, according to a statement he supplied to technewss. The CEO, Hoan Ton-That, said “it is time for the next chapter in my life” an

A study by the Pew Research Center found that Americans’ views of Elon Musk and Mark Zuckerberg skew more negative than positive. While Zuckerberg has sparked chatter in Silicon Valley with his sudden interest in high fashion, the Meta CEO is less popular than President Trump’s right-h

Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the company told a judge Thursday during the first hearing of its bankruptcy case in Delaware. The lawyers claimed Nikola already has at least three interested buyers (who they did