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Microsoft is dealing with a serious security incident after hackers launched more than eighty-one million login attempts against Microsoft three sixty-five accounts over just a two-week stretch. The attackers used password-spraying techniques, cycling through stolen credentials, and exploited improperly configured access policies to slip past multi-factor authentication entirely — a reminder that MFA only works when it's set up correctly.
Shifting to infrastructure, SoftBank is entering the GPU rental business in the United States, announcing a new subsidiary called SB Neo to compete in the so-called neocloud market. The company plans to provide AI training resources to hyperscalers and enterprise customers, with operations expected to launch in fiscal two thousand twenty-seven. It's a significant bet that demand for raw compute power will keep outpacing supply for years to come.
And in crypto markets, Bitcoin climbed back above sixty-two thousand dollars this week after touching a twenty-one-month low just days earlier. The rebound caught a wave of short sellers off guard, triggering forced liquidations across Bitcoin, Ethereum, and XRP. Whether this marks a genuine recovery or just a temporary bounce is the question traders are sitting with right now.
Keep surfing. Tech Beat out.
