Fraud cases in the United Kingdom climbed to a record level last year as criminals increasingly used artificial intelligence to scale up scams and take over personal accounts, according to new data from fraud prevention organisation Cifas. Criminals are now operating on an industrial scale, using AI tools and large datasets to impersonate victims and… Continue reading AI-driven fraud surge puts UK mobile banking and online accounts at risk
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AI coding startup Cursor seeks funding at $50B valuation: report
Artificial intelligence coding startup Cursor is reportedly in discussions with investors for a new funding round that could value the company at about $50 billion, nearly doubling its valuation from last year as demand for AI-powered programming tools accelerates. According to a Bloomberg report, the talks are still preliminary and may not result in a… Continue reading AI coding startup Cursor seeks funding at $50B valuation: report
Swiggy, Eternal shares fall as LPG shortage fears hit food delivery
Shares of Indian food delivery platforms and restaurant operators declined as concerns grew that disruptions to cooking gas supplies could affect restaurant operations and online order volumes. The decline comes amid fears that escalating tensions in the Middle East could trigger a cooking-gas shortage in India, which relies heavily on energy imports from the region.… Continue reading Swiggy, Eternal shares fall as LPG shortage fears hit food delivery
IAG and EasyJet shares sink as jet fuel surges: what next?
IAG and EasyJet share prices have slumped this month as geopolitical tensions continued, pushing crude oil above $100. EasyJet stock dropped to 397p, down by 25% from the highest point in December, and 30% from its 2025 highest point. Similarly, IAG, the parent company of British Airways and Iberia, dropped to 374p, down sharply from… Continue reading IAG and EasyJet shares sink as jet fuel surges: what next?
Metaplanet launches $25M venture arm to fund Bitcoin startups in Japan
Japanese investment firm Metaplanet has launched a new venture initiative aimed at supporting the development of Bitcoin infrastructure and startups in Japan, as the country moves toward recognizing Bitcoin as a regulated financial asset in the coming years. The company announced that it has established Metaplanet Ventures K.K., a new venture arm that will fund,… Continue reading Metaplanet launches $25M venture arm to fund Bitcoin startups in Japan
Anthropic in talks with Blackstone, PE firms for AI venture: report
Artificial intelligence startup Anthropic is in discussions with private equity firms including Blackstone and Hellman & Friedman about forming a joint venture aimed at expanding the commercial adoption of its technology, according to a report by The Information. The proposed partnership would focus on deploying Anthropic’s AI tools across companies owned or backed by the… Continue reading Anthropic in talks with Blackstone, PE firms for AI venture: report
Morning brief: Asian markets fall, US launches new trade probe
Global markets opened Thursday under pressure as rising geopolitical tensions in the Middle East sent oil prices surging above $100 a barrel and triggered a sell-off across Asian equities. The spike in energy costs has revived fears of inflation and tighter monetary policy, while fresh trade developments and movements in digital assets added further uncertainty… Continue reading Morning brief: Asian markets fall, US launches new trade probe
Here’s how long an oil shock-driven bear market lasts on average
With the US oil prices printing a new high of nearly $120 before retreating this week, Wall Street is on high alert. The escalating US-Iran war has sparked fears that a spike in energy prices will trigger a significant stock market correction or even a full-blown bear market. As investors weigh the risk of a… Continue reading Here’s how long an oil shock-driven bear market lasts on average
Nikkei 225 Index dips as Brent crude oil price jumps to $100
The Nikkei 225 Index slipped by over 2.2% on Thursday morning as the crisis in energy accelerated. The index, which tracks the top companies in Japan, dropped to ¥53,855, down by 10% from the all-time high. Japan stocks crash as crude oil prices surge The Nikkei 225 Index remained on edge as energy prices continued… Continue reading Nikkei 225 Index dips as Brent crude oil price jumps to $100
