You're listening to Tech Beat, and here's what's moving in technology today.
Wells Fargo has joined JPMorgan and Citi in the race to tokenize Wall Street's settlement infrastructure. The bank says payments will run on its own proprietary blockchain and route automatically through existing client interfaces, pushing the financial industry further toward a future where transactions settle in near real time without traditional intermediaries.
On the security front, researchers at Palo Alto Networks' Unit 42 have revealed three separate methods for hijacking Google Password Manager to steal passkeys and gain access to synced credentials. The attacks do require prior malware infection, but the methods ranged from impersonating victims outright to extracting the master secret protecting everything stored in your account. Google has issued fixes following the disclosure.
And in a move with broad implications for the AI industry, the Trump administration is drafting a ban on Chinese-made components inside American AI data centers. The policy would effectively force companies to audit and overhaul their hardware supply chains at a moment when demand for data center capacity is already outpacing supply, raising real questions about cost and timeline.
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