CLOUD SERVICE THREAT
Nvidia pays for CEO Jensen Huang’s home security, travel, drivers and car expenses: How much does it cost to protect him and his family?
Nvidia reported nearly $4 million in security-related costs for CEO Jensen Huang in fiscal 2026. The disclosure covers residential protection, personal-travel security, consultation fees and driver services, but does not reveal how many guards protect his home. The filing comes as Nvidia investigates reports of an alleged foreign intelligence effort targeting its CEO.
'No ordinary CEO': Why the AI race cannot do without Nvidia's Jensen Huang
Nvidia CEO Jensen Huang’s influence extends beyond chip supply, making him a central figure in the global AI industry. The company’s dominance in AI processors, investments across the sector and Huang’s close control over its strategy have raised concerns about the risks of depending heavily on one executive.
'No ordinary CEO': Why the AI race cannot do without Nvidia's Jensen Huang
The star power that 63-year-old Huang draws as the gatekeeper to Nvidia's chips shows how badly the AI industry is leaning on him for the graphics processing units that train models and run services such as ChatGPT.
House of Trump falling? Vance, Hegseth at centre of rupture talks as Iran war backlash rages
Donald Trump’s crushing midterm defeat has exposed growing fault lines inside his administration, with the Iran war turning from a military campaign into a political liability. Vice-President JD Vance has openly blamed the conflict for the Republican loss, while Secretary of State Marco Rubio has been drawn into reports about a possible exit—claims he and the White House deny. The biggest battle is unfolding around Defence Secretary Pete Hegseth, who faces renewed impeachment calls and investigations once Democrats take control of Congress.
Amagi, Shiprocket post profits; US polls’ impact on IT
Amagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins
Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.
From SBI to Binance, how financial institutions are becoming cyberattack targets
Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, SBI is investigating a suspected data leak involving nearly 3,900 customer records.
Smart fridge, security camera, video doorbell, router, car, thermostat: Everyday devices hackers can exploit and how to protect them
Cyberattacks involving supermarket refrigerators and freezers have raised concerns about the security of everyday internet-connected devices. From smart appliances and security cameras to routers, thermostats and connected cars, several products could be vulnerable to hacking. Here is what cybercriminals could do after accessing these devices and the precautions users can take to protect themselves.
ET Product of the Year Awards 2026: Categories recognising products driving market impact
The Economic Times Product of the Year Awards 2026 celebrate cutting-edge innovations that make a substantial difference in the market and attract customer loyalty across diverse industries. Categories feature Enterprise SaaS, FinTech, Cybersecurity, as well as consumer goods such as banking solutions and smartphones. Judging criteria prioritize market presence, adoption rates, creativity, and execution excellence, with an emphasis on quantifiable achievements.
Besides the bubble, a big AI risk could be growing in the shadows
Investors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently experienced a significant sell-off, indicating growing nervousness among shareholders. S&P Global predicts considerable expenses on data centres for major companies like Amazon and Microsoft through 2030.
Binance suspends withdrawals after $6.3 billion hack: Is your crypto safe? Here's what to do now
Binance has temporarily suspended deposits and withdrawals following a reported security incident involving an estimated $6.3 billion in digital assets. The crypto exchange has pledged to cover customer losses, while users are urged to protect their accounts, watch for recovery scams and understand the risks of keeping crypto on an exchange.
PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caper
PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.
AI chip giant SK hynix says quarterly operating profit soars 630%
South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artificial intelligence industry's explosive demand for its advanced memory chips. The memory chip giant said it had posted record revenue and operating profit for six straight quarters since the second quarter of last year.
Anthropic's record IPO faces some big questions
No startup has ever grown so fast. Investors have already grown nervous.
Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risks
Anthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential risks to humanity” if developed or deployed without adequate safeguards. According to Axios, more than 90 pages of the prospectus are devoted to risk factors, including concerns about AI misuse, weaponisation and autonomous systems.
Global cyber alert rings as two critical PHP flaws leave millions of web services exposed to remote takeover
Two significant vulnerabilities in the PHP programming language could allow hackers to execute code remotely. PHP has released updates to address these flaws, which affect millions of internet-facing services. Many installations remain unpatched, including those running outdated versions. Security experts warn that nearly all PHP installations face security risks from these vulnerabilities. Organizations are urged to implement immediate patches and isolate affected systems from public networks.
What to know about the AI-detected security bug impacting wide swaths of the internet
PHP is a widely used general-purpose scripting language that is geared toward web development, and thus, it powers the majority of websites around the world. When the organization behind the language and the FBI's cyber division warned Wednesday of significant vulnerabilities in the language, government agencies, corporations and other organizations were sent into a flurry.
Swiggy’s Q2 report card; eMudhra to exit certificate biz
Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.
Amagi Media Labs faces extortion attempt following alleged data theft; says services unaffected
Amagi Media Labs, a prominent tech firm in Bengaluru, reported an extortion attempt related to purported data theft. A hacker threatened to expose sensitive operational information unless a ransom was paid. The company is currently scrutinizing these allegations and collaborating with external cybersecurity experts. They assure that customer services remain unaffected, and additional security protocols have been established, anticipating no financial repercussions at this time.
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