Reddit is joining the S&P 500 in major milestone for the social media company
Reddit is about to reach a major milestone in its transformation from an internet forum into a publicly traded technology company. The social media platform will join the S&P 500 index on August 18, giving the company a place among some of the largest and most influential publicly traded businesses in the United States. Editorial credit: PJ McDonnell / Shutterstock The announcement sent Reddit shares sharply higher, with the stock gaining more than 11% in extended trading aft
Taiwan confirms first-of-its-kind AI-assisted cyberattack targeting government agencies and critical infrastructure
4. Sec Taiwan's Ministry of Digital Affairs has confirmed that the island sustained a sophisticated, AI-assisted cyberattack targeting multiple government bodies. The incident, detected in late July, marks one of the first known instances of a coordinated, near-autonomous hacking operation directed against state infrastructure using mainstream AI frameworks. According to security alerts issued by Taiwan's National Institute for Cyber Security, the intrusion involved a hybrid
Back-to-back OpenAI C-suite departures raise questions as IPO looms
OpenAI is facing fresh questions about its leadership stability after two senior executives announced their departures within days of each other, just as the ChatGPT maker prepares for a potential initial public offering. Former Chief Operating Officer Brad Lightcap announced on August 11 that he was leaving OpenAI after eight years to start a new venture. Two days later, Chief Revenue Officer Denise Dresser also announced her departure after less than a year in the role. Edi
California opens highways to heavy-duty autonomous truck testing as commercial deployment nears
For the first time in state history, heavy-duty autonomous trucks have begun real-world testing on California public highways. The operational milestone follows a major regulatory shift by the California Department of Motor Vehicles (DMV), which officially opened the application process allowing self-driving freight vehicles weighing over 10,001 pounds to operate on state freeways and interstates. The regulatory update removes a long-standing ban on heavy-duty autonomous vehi
China forces Meta to unwind $2 billion acquisition of Manus AI as startup returns to independent operation
Artificial intelligence agent startup Manus has formally announced its return to independent operations following the complete unwinding of its $2 billion acquisition by Meta Platforms. The separation concludes a high-profile geopolitical dispute that saw Chinese regulators intervene on national security grounds to reverse the cross-border tech deal. Editorial credit: Koshiro K / Shutterstock The Sequence of Events: From Deal to Unwind Originally founded in China in 2022 unde
