The European Commission has introduced a sweeping legislative proposal called the Cloud and AI Development Act (CADA), marking the continent’s most aggressive regulatory push yet to dismantle its reliance on foreign technology giants and secure independent digital infrastructure. Unveiled by European Commission President Ursula von der Leyen, CADA marks a major shift in Brussels' digital strategy. Editorial credit: Henry Franklin / Shutterstock While previous legislation like

Canada has introduced sweeping new digital safety legislation that would prohibit children under 16 from creating social media accounts and impose new safety obligations on AI chatbot services. The proposed law, known as the Safe Social Media Act (Bill C-34), is part of a broader effort to address rising concerns about online harms affecting young people. Editorial credit: Thrive Studios ID / Shutterstock Under the proposed legislation, individuals under the age of 16 would b

SpaceX has made history with the largest initial public offering (IPO) ever recorded, raising approximately $75 billion and debuting at a valuation exceeding $2 trillion. The landmark listing has propelled CEO Elon Musk into uncharted financial territory, making him the world's first trillionaire on paper. Editorial credit: Skyloom Production / Shutterstock Record-breaking debut shakes Wall Street SpaceX began trading on the Nasdaq on June 12, with shares opening at $150, wel

The notorious cybercrime syndicate ShinyHunters has launched a widespread extortion campaign against higher education institutions by exploiting a severe, unpatched vulnerability in Oracle's widely used PeopleSoft enterprise software. According to threat intelligence researchers at Google's Mandiant, the attacks occurred between May 27 and June 9, 2026, targeting an underlying flaw in the software before Oracle could release a patch. The vulnerability, tracked as CVE-2026-352

Artificial intelligence company Anthropic has abruptly suspended access to its most advanced AI models, Fable 5 and Mythos 5, after receiving a U.S. government directive citing national security concerns. The move comes just days after the public launch of Fable 5 and marks one of the most significant government interventions in the deployment of frontier AI systems to date. Sudden order forces immediate shutdown Anthropic said it received an export control directive from the