Business & Finance
Intel announced a $15 billion common stock offering on Monday to fund capital expenditures and working capital tied to accelerating customer demand for AI compute, sending shares down 3% in premarket trading.
TechEchelon Staff · 2 DAYS AGO
Cybersecurity
Huntress discovered attackers exploiting a SQL injection flaw in an Apache Tomcat application to embed a post-exploitation toolkit called khunt directly inside an Oracle database, achieving SYSTEM-level command execution on the underlying Windows server.
Sara Montes de Oca · 7 DAYS AGO
Artificial Intelligence
The Trump administration's AI model-testing framework excludes open-source models entirely, sets a 30-day government review window for closed models, and leaves key terms like "national security risk" undefined, raising questions about the initiative's practical reach.
Sara Montes de Oca · 7 DAYS AGO
Artificial Intelligence
Anthropic has named Mariano-Florentino Cuéllar, a former California Supreme Court justice and Carnegie Endowment president, as its first chief global affairs officer, as the Claude developer faces ongoing U.S. government tensions including a Pentagon blacklisting and export controls on its top AI models.
Sara Montes de Oca · 8 DAYS AGO
Business & Finance
Phillip Capital downgraded Apple to "reduce" on Monday, warning that surging memory chip prices will erode margins even as iPhone and MacBook demand holds up. Analyst Helena Wang maintained a $290 price target, implying a 4.4% decline from Monday's close.
Marc Sabatini · 8 DAYS AGO
Business & Finance
SpaceX reports its first quarterly earnings as a public company on Tuesday with shares down more than 50% from their post-IPO high, amid short-seller gains of roughly $8.3 billion and looming lock-up expirations that could release a flood of new shares.
Marc Sabatini · 9 DAYS AGO