FBI says North Korean hackers preparing to cash out after high-profile crypto hacks

August 23, 2023
The U.S. government said it believes North Korean hackers are preparing to cash out millions of dollars stolen during a spate of high-profile crypto hacks. On Tuesday, the FBI warned cryptocurrency companies about recent blockchain activity connected to the theft of hundreds of millions of dollars in cryptocurrency by malicious actors affiliated with the North […]

Big Profits from Low Priced Stocks

August 23, 2023
How low will stocks go? That is the question on everyone’s mind as the recent highs for the S&P 500 (SPY) seem like a distant memory as stocks have been…

As Better.com readies for its public debut, CEO Vishal Garg says he went through ‘a lot of leadership training’

August 23, 2023
Online mortgage lender Better.com is making its public debut Thursday on the Nasdaq Capital Market under the ticker symbols “BETR” and “BETRW.” After merging with SPAC Aurora Acquisition Corp., the combined entity is called Better Home & Finance Holding Company. The deal unlocks about $565 million of fresh capital for Better.com, including a $528 million […]

QIA invests $1 billion in Ambani’s Reliance Retail at $100 billion valuation

August 23, 2023
QIA, Qatar’s sovereign fund, will invest $1 billion in Reliance Retail for a 1% stake in India’s largest retail chain, the two firms said Wednesday. The investment values Reliance Retail, part of Mukesh Ambani’s Reliance Industries, at $100 billion. Reliance Retail — which operates 18.500 stores and digital commerce platforms, selling everything from electronics to […]

The fascinating evolution of typing Chinese characters

August 23, 2023
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. The idea of downloading a third-party keyboard to your phone may seem unnecessary to most people, but in China it’s the norm.  Chinese is the only modern language that’s logographic, meaning…