Blaize, the AI chip company that listed through a SPAC last year, says it booked about $0.5m of revenue in the third quarter and cut its outlook again. The full-year number now depends on a customer that has paid $0.2m of a $13.3m bill due in September, and on inventory the company needs cash to buy.
Drift's April hack victims can now trade their losses as a token. Burned for cash, each dollar lost returns just over a cent. In the market it fetches about 3.7 cents. Buyers are paying for money that has not arrived, most of it promised by Tether and tied to an exchange that has so far paid 38 USDT into the pool.
Christine Lagarde has named this summer's US-ordered suspension of two Anthropic models as a financial-stability warning for Europe. Nothing broke this time, she said. Her concern is what happens once banks and trading firms depend on those models.
Japan's Digital Agency lost about 246,000 records of personal data through a remote access device. The vulnerability was rated medium and was not new.
The ten-year sits at 4.975% with a Federal Reserve decision this week. The thirty-year has already crossed five and nobody is discussing it.
A single day of coordinated action restrained more than $52m tied to a scam marketplace, with the stablecoin issuer credited for its assistance. That is a permanent change in what a token is.
Nearly 1.44 million documents from two city departments were published after a two-million-euro demand was declined. Refusing a ransom ends the payment, not the exposure.
A record 123 cases in six months, most of them at smaller companies, and the most common way in was the remote access appliance sitting at the edge of the network.
Brent at a four-month high pushed global yields to multi-year peaks and sent equities down, with the supply disruption running through two chokepoints at once.
The Treasury tripled the size of its long-bond repurchase and the market still wanted more. Ten-year yields closed at their highest since October 2023.
Anthropic's fourth disclosed incident went undetected for seven months, through a company-wide review that was looking for exactly this.
Official purchases have run at record levels through falling prices, which is what distinguishes a reserve decision from a trade.
The number of supplier breaches matters less than how few suppliers there are. Concentration is what turns an incident into a sector event.
Chief executive departures ran at records for two years. The change worth noticing is that a growing share of them were arranged rather than forced.
The insurance market prices physical risk before any regulator requires it to be disclosed, and the bill arrives annually.
Companies are issuing more debt than at any point on record and paying historically little for it. Both facts are true at once, which is the puzzle.
Intruders in industrial networks used to be looking for a way out to the corporate side. Advisories now describe them studying how the plant works.
A strategy that earns pennies on enormous size only works while the financing is nearly free. Regulators are considering making it cost something.
An asset class that reports quarterly valuations built from its own models is being asked, for the first time at scale, to show its work.
Carriers price the consequences, so their questionnaires have become more prescriptive than most regulation, and considerably harder to argue with.
Instant collateral mobility delights treasurers in calm markets; risk officers are gaming out what it does in a stressed one.