Welcome to Tech Beat, your daily read on the technology stories that matter.
A serious security breach is rattling the stablecoin world tonight. StablR has frozen its USDR and EURR tokens after attackers exploited a weakness in a one-of-three multisig wallet, minting thirteen point five million dollars in unbacked tokens and walking away with roughly two point eight million in real gains. It's a sharp reminder that the weakest link in crypto security is often governance, not code.
Meanwhile, Uber is asking a question more companies probably should. Chief executive Dara Khosrowshahi has publicly acknowledged that the company cannot yet draw a clear line between heavy spending on large language models and actual business results. That kind of candor is rare in an industry still drunk on AI optimism, and it signals a more disciplined conversation may finally be starting.
And over at Motorola, the company finds itself in uncomfortably familiar territory. Reports indicate some Motorola handsets are quietly inserting affiliate codes into Amazon purchases, redirecting commission revenue without users knowing. The company suggests it may be unintentional, but that explanation will feel thin to anyone who remembers the Honey browser extension controversy.
Those are the stories shaping the day. Keep surfing. Tech Beat out.
