The most read stories include hackers targeting Comcast, resulting in the breach of nearly 36 million Xfinity customers' data, and the theft of over 14.6 million Mr. Cooper customers' sensitive personal information. Adobe's $20 billion bid to buy Figma was called off due to regulatory pushback in Europe. Apple has stopped the sale of its Series 9 and Ultra 2 smartwatch due to a patent dispute with Masimo. Nikola's founder was sentenced to four years in prison for securities fraud. Microsoft's Copilot chatbot can now compose songs, and Tesla's fix for its Autopilot recall was deemed "insufficient" by Consumer Reports. Lastly, Bird filed for Chapter 11 bankruptcy.
Key takeaways:
- Comcast and Mr. Cooper customer data has been stolen, with hackers exploiting a critical-rated security vulnerability known as “CitrixBleed”.
- Adobe has ended its plans to acquire Figma due to regulatory pushback in Europe.
- Apple has been forced to halt sales of the Apple Watch Series 9 and Ultra 2 due to a patent dispute with California-based med tech firm Masimo.
- Electric scooter company Bird has filed for Chapter 11 bankruptcy, entering into a financial restructuring process to strengthen its balance sheet.