Welcome to Tech Beat, your daily read on the stories shaping our digital world.
Revolut users woke up this morning to find the digital bank's app and services completely inaccessible, with the outage hitting millions of customers worldwide. For a platform that positions itself as a full banking replacement, extended downtime isn't just an inconvenience — it's a direct challenge to the trust that keeps people from walking back to traditional banks.
On the security front, hackers have made off with one point eight million records from Nikkei, the Japanese media and financial data giant. The stolen data includes names, addresses, phone numbers, email addresses, and dates of birth — exactly the kind of personal profile that feeds identity theft and targeted phishing. It's another reminder that even well-resourced media organizations remain attractive and vulnerable targets.
And in pharmaceutical news, a new analysis finds the median net price for newly launched medicines reached two hundred fifty seven thousand dollars last year — a thirty five percent jump from two thousand twenty two. Roughly one in four drugs launched in twenty twenty five carried an annual price tag above five hundred thousand dollars. The numbers suggest that whatever pressure exists on drug pricing, it has yet to meaningfully bend the curve.
That's where the day stands. Keep surfing. Tech Beat out.
