US Treasury Sanctions Funnull Technology for Aiding Crypto Scams:
- The U.S. government has imposed sanctions on Funnull Technology Inc., a Philippines-based company, for providing infrastructure to cybercriminals involved in "pig butchering" cryptocurrency investment scams, leading to over $200 million in losses for Americans. 👉 krebsonsecurity.com 👉 techcrunch.com 👉 thehackernews.com
- The FBI has released a technical writeup of the infrastructure used to manage the malicious Funnull domains between October 2023 and April 2025. 👉 krebsonsecurity.com
Microsoft Authenticator Password Export Warning:
- Microsoft Authenticator is now warning users to export their passwords before the password autofill feature is deprecated in July, suggesting a move to Microsoft Edge instead. 👉 bleepingcomputer.com
Microsoft Addresses Windows 11 Startup Failure:
- Microsoft has confirmed that some Windows 11 systems may fail to start after installing the KB5058405 security update. 👉 bleepingcomputer.com
ConnectWise Breached in Nation-State Cyberattack:
- IT management software firm ConnectWise has reported a breach in its environment, suspected to be carried out by a nation-state actor, affecting a small number of ScreenConnect customers. 👉 bleepingcomputer.com 👉 thehackernews.com
Germany Identifies Conti Ransomware Leader:
- German police claim to have identified "Stern," the leader of the Trickbot and Conti cybercrime gangs, as Vitaly Nikolaevich Kovalev, a 36-year-old Russian. 👉 bleepingcomputer.com
Palantir's Role in US Government Expands:
- Palantir's Foundry software is now deployed in at least four federal agencies following a Trump administration EO that allowed the government to share data across agencies, raising privacy concerns. 👉 nytimes.com$
US Tightens China Chip Curbs:
- The Trump administration plans to expand restrictions on China's tech sector to cover subsidiaries of companies under US curbs, and Synopsys has been told to stop sales and services in China to comply with new US export curbs. 👉 reuters.com 👉 bloomberg.com$
- Chinese companies like Alibaba and Baidu are testing domestic AI chip alternatives due to dwindling Nvidia processor supplies resulting from US sanctions. 👉 ft.com$
- The US Department of Energy's Doudna supercomputer, expected in 2026, will utilize Nvidia's Vera Rubin chips within Dell's liquid-cooled servers. 👉 reuters.com
Mary Meeker's Trends Report Focuses on AI Revolution:
- Mary Meeker released her first Trends report since 2019, emphasizing the AI revolution and OpenAI's potential lead in the field. 👉 axios.com
- Mary Meeker, the famed internet analyst turned venture capitalist, on Friday published her first Trends report since 2019 — focused on the AI revolution. 👉 axios.com
Anthropic's Revenue Growth:
- Anthropic's annualized revenue has reached approximately $3 billion, driven by business demand, marking a significant increase from previous months. 👉 reuters.com
Elon Musk's Drug Use and Its Impact:
- Elon Musk reportedly used drugs intensely during the 2024 presidential campaign, leading to personal and professional consequences. 👉 nytimes.com$
- Allegations of drug use and erratic behavior have led to scrutiny and questions about his judgment and management of government responsibilities. 👉 nytimes.com$
Automattic Resumes WordPress Contributions:
- Automattic, the parent company of WordPress.com, announced it will resume contributing to the WordPress project after a temporary pause. 👉 techcrunch.com
Google's AI-Powered Email Summaries for Gmail Workspace:
- Google has begun automatically generating AI-powered email summaries for Gmail Workspace users, using Gemini AI to summarize longer email threads on mobile devices. 👉 techcrunch.com
Thailand to Block Crypto Exchanges:
- Thailand is filing charges and will block crypto exchanges Bybit, CoinEx, OKX, 1000X, and XT.com from June 28 for operating without a license. 👉 coindesk.com
Meta's Anduril deal shows a shift in Silicon Valley war tech sentiment: