U.S. Cybersecurity and Infrastructure Security Agency said Russian hackers have used Microsoft's  email system to steal correspondence between officials. The agency said hackers were exploiting authentication details shared by email to try to break into Microsoft's customer systems, including those of an unspecified number of government agencies.

A federal jury has convicted a California man this week for insider trading. According to court documents and evidence presented at trial, Shahriyar Bolandian, 35, of Brentwood, Los Angeles, participated in an insider trading scheme that netted more than $650,000 in illicit profits. Between 2012 and...

The United States filed a complaint under the False Claims Act (FCA) against Regeneron Pharmaceuticals Inc. (Regeneron), a New York-based pharmaceutical company. Regeneron manufactures and sells Eylea, an anti-vascular endothelial growth factor inhibitor approved by the Food and Drug Administration to treat,...

Meta's open-source Llama and the Abu Dhabi-backed Falcon and Intel says Gaudi 3 can help train or deploy models, including Stable Diffusion or OpenAI’s Whisper model for speech recognition. Intel also says its chips use less power than Nvidia’s. The data center AI market is also expected to grow as...

China's top cell phone manufacturer Huawei, which has developed some of the most advanced cell phones in the world, may face a criminal trial in early 2026 for misleading banks about its business in Iran.Since 2019, the US has restricted Huawei from access to US technology saying is...

The owner of Expansion Media (Expansion) and Hybrid Management Group (Hybrid) pleaded guilty in connection with a $110 million telemedicine fraud scheme involving medically unnecessary durable medical equipment (DME), including orthotics such as back and knee braces. Steven Richardson, 40, of Parkland, Fla., pleaded guilty to one count of conspiracy to commit health...

British billionaire Joe Lewis, was sentenced to three years of probation Thursday after pleading guilty to insider trading in New York and admitting to sharing business secrets with personal friends. The sentence also includes a $5 million fine and restrictions on his business activities for years...

A new report issued by the US Cyber Safety Review Board examining the damaging cyber attacks committed by Storm-0558 from China, which caused enormous loss of data was preventable but was not halted due to Microsoft's security systems and culture were was inadequate and requires an overhaul. “The board finds that Microsoft...

The Credit-rating agency Standard & Poor's will pay $77 million to settle with U.S. and state regulators over "fraudulent misconduct." The SEC and state attorneys general alleged that the company publicly misrepresented the methodology it was using to rate six different CMBS products in 2011. In...

The owner of two California-based hospice companies, and his biller and consultant, were sentenced yesterday for their respective roles in a scheme that resulted in stealing over $9 million from Medicare in false and fraudulent claims for hospice services. Gayk Akhsharumov, 40, of Glendale, California, the manager and...