Meta AI chatbot exploit allows hackers to hijack high profile Instagram accounts
Meta faces a major security crisis after hackers discovered that its automated customer support AI could be tricked into handing over full account access.
Janet Harrison
Janet Harrison has over 16 years experience in the financial services industry giving her a vast understanding of how news affects the financial markets, and an early adopter of blockchain technology and digital currencies.
Janet is an active holder and trader spending the majority of her time analyzing blockchain projects, reports and watching new and upcoming projects and other initiatives in the industry. She has a Masters Degree in Economics with previous roles counting Investment Banking.
Apple shifts artificial intelligence narrative to device level before WWDC
Apple is doubling down on custom hardware to run its next-generation foundation models locally, positioning user data security as its primary market differentiator against cloud-heavy tech rivals.
Florida sues OpenAI and CEO Sam Altman over deceptive safety claims
Florida Attorney General James Uthmeier has filed an 83-page lawsuit holding OpenAI and Sam Altman personally liable for deploying ChatGPT with a alleged utter disregard for human life.
Meta AI support bot exploited by hackers to hijack high-profile Instagram accounts
Meta's automated account recovery assistant was manipulated by hackers into rerouting password resets, exposing the severe structural risks of giving conversational AI agents access to sensitive backend systems.
Solana marks unprecedented eighth straight month of decline as price hits eighty-two dollars
Solana closed May 2026 at $82, marking its eighth consecutive monthly decline and erasing $78 billion in market cap since its peak, even as spot ETFs see record inflows.
Startups turn to targeted free services to win high paying clients during market downturns
Startups are bypassing frozen marketing budgets by launching specialized free services that demonstrate immediate value and secure premium corporate clients.
DeFi protocols offer a practical alternative to high fees and slow transaction processing times
Newer generation layer-one blockchain protocols are removing financial barriers by offering a practical, low-cost alternative to Ethereum for DeFi and NFTs.
Nvidia brings RTX Spark to Windows laptops.
Nvidia's RTX Spark brings an Arm-based AI superchip to Windows laptops, with Microsoft Surface Laptop Ultra leading the first wave. The move gives Nvidia a more direct role in the PC processor market and pressures Intel and AMD at the high-performance edge of Windows computing.
Europe wants access to Anthropic's Mythos before AI risk widens
The European Commission is pressing Anthropic for closer access to Claude Mythos Preview, the unreleased AI model behind Project Glasswing. The talks show how frontier model access is becoming a strategic lever in cybersecurity, regulation and enterprise AI adoption.
China tightens AI deal rules after blocking Meta's Manus purchase
China has expanded its oversight of overseas technology deals after blocking Meta's acquisition of Manus. The move raises the compliance burden for investors and founders working across US-China AI corridors.
China’s index reshuffle is about to move $48 billion
Goldman Sachs expects China’s June index rebalancing to trigger more than $48 billion in passive trading across major CSI and CNI benchmarks. The changes tilt more capital toward technology, telecoms and industrial names, giving China’s AI and semiconductor trade a fresh test.
Nvidia uses Computex to make the AI PC fight much harder
Nvidia's Computex 2026 push shows how the company is extending its AI advantage from data centers into PCs, edge devices and enterprise hardware. The competitive pressure now falls on AMD, Qualcomm and Intel, while partners such as Dell could benefit if AI PCs become a real business upgrade cycle.
Berkshire is making housing Greg Abel's first big test
Berkshire Hathaway's $8.5 billion deal for Taylor Morrison gives Greg Abel his first major acquisition as CEO. The move signals a larger bet on U.S. housing demand and shows how Berkshire may deploy its record cash pile in operating businesses it already understands.
Wix cuts 1,000 jobs as AI economics start to bite
Wix is cutting roughly 1,000 jobs, about 20% of its workforce, as AI becomes part of its operating model and cost strategy. The move shows how enterprise AI is shifting from promise to pressure, with companies now being forced to prove real returns.
Wix layoffs show AI is now a cost decision for software companies
Wix is cutting roughly 20% of its workforce as AI and currency pressure reshape its operating model. The move shows how AI spending is becoming a margin and staffing decision, not just a product story.
Apple wants its smart glasses to become the next Apple Watch
Apple is reportedly preparing smart glasses for the end of 2027, with Meta's Ray-Ban momentum setting the competitive bar. The real fight is over wearable AI, privacy and whether glasses can become the next everyday platform after the smartphone.
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