Moonshot AI and Alibaba unveiled rival frontier AI models this weekend, claiming performance comparable to OpenAI and Anthropic's best systems while making their models publicly available — a move that sharpens the U.S.-China AI rivalry.
Samsung Biologics has launched a 1.46 billion Swiss franc ($1.8 billion) all-cash tender offer for Switzerland's PolyPeptide Group, a peptide-based drug ingredient specialist, in what the South Korean firm describes as the largest biopharmaceutical M&A deal in its country's history.
Kaspersky researchers have identified a malware campaign called HelloNet that abuses the update mechanism of ViPNet, a certified Russian networking product, to compromise government agencies and critical-sector organizations across Russia.
Researchers and business school professors say workers who use AI to outsource critical thinking risk professional stagnation, eroded workplace trust, and a weakened sense of professional identity, even as adoption rates surpass 43% in the U.S.
Samsung Electronics America has cut jobs and offered relocation packages to hundreds of U.S. workers as it moves its headquarters from Englewood Cliffs, New Jersey, to Texas, with 739 roles in New Jersey and roughly 100 in Plano affected.
Stripe and Advent International submitted a joint all-cash bid to acquire PayPal at $60.50 per share, valuing the fintech giant at $53.4 billion, even as a broader AI-driven selloff dragged the S&P 500 down 1.6% for the week.
Public proof-of-concept exploits for the critical "wp2shell" WordPress vulnerabilities are circulating, with security firm watchTowr reporting early signs of in-the-wild exploitation. Site owners are urged to update immediately to WordPress 7.0.2 or 6.9.5.
Samsung Biologics has launched a 1.46 billion Swiss franc ($1.8 billion) all-cash tender offer for Switzerland's PolyPeptide Group, a peptide-based drug ingredient specialist, in what the South Korean firm describes as the largest biopharmaceutical M&A deal in its country's history.
Samsung Electronics America has cut jobs and offered relocation packages to hundreds of U.S. workers as it moves its headquarters from Englewood Cliffs, New Jersey, to Texas, with 739 roles in New Jersey and roughly 100 in Plano affected.
Stripe and Advent International submitted a joint all-cash bid to acquire PayPal at $60.50 per share, valuing the fintech giant at $53.4 billion, even as a broader AI-driven selloff dragged the S&P 500 down 1.6% for the week.
Moonshot AI and Alibaba unveiled rival frontier AI models this weekend, claiming performance comparable to OpenAI and Anthropic's best systems while making their models publicly available — a move that sharpens the U.S.-China AI rivalry.
Researchers and business school professors say workers who use AI to outsource critical thinking risk professional stagnation, eroded workplace trust, and a weakened sense of professional identity, even as adoption rates surpass 43% in the U.S.
Moonshot AI's release of Kimi K3 sent the Nasdaq down roughly 1% on Friday and reignited debate over China's open source AI progress, drawing sharp reactions from U.S. policy figures and industry executives.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.