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A quarter-billion-dollar acquisition has unraveled into a serious legal mess. VideoVerse co-founder Vinayak Shrivastav now faces multiple lawsuits after a two hundred fifty million dollar deal collapsed amid allegations of fraud and forged signatures, leaving investors still waiting on returns they were promised.
Shifting to cybersecurity, China-linked hackers have reportedly struck Taiwan in what researchers are calling an unprecedented autonomous AI-driven cyberattack. The incident marks a notable escalation — not just in its target, but in how the attack was allegedly executed, with artificial intelligence operating with minimal human direction in the loop.
And on the fraud front closer to home, a sophisticated new campaign called WindRelay is hitting Android users across Europe with alarming efficiency. Attackers clone contactless payment cards and authorize fraudulent transactions within just thirteen minutes, combining skilled social engineering with malware to walk victims through handing over everything needed.
Those are the stories driving the conversation today. Keep surfing. Tech Beat out.
