American investment management firm founded by Ray Dalio in 1975
AGoogle‑reported campaign shows hackers using voice phishing to target private equity firms, law firms and ratings agencies, stealing passwords and MFA codes via spoofed help desks. Several victims reportedly paid ransoms; researchers warn that the human element remains the biggest weakness in corporate security.
Meta has rolled out updates to its AR glasses to deter covert filming, adding a stronger capture LED safeguard and hardware-based privacy measures. The moves come as regulators in the EU probe the glasses and venues consider bans; the company reports a small share of devices have been tampered with and vows ongoing updates.
The Treasury has expanded debt buybacks and extended short-term borrowing, aiming to ease near-term financing costs. Analysts warn the strategy addresses immediate costs while leaving a growing debt burden and corporate leverage unresolved as buyers shift and AI demand fuels supply.
Bitcoin has rallied further amid a spike in risk appetite after the Treasury Department doubled long-dated bond buybacks, fueling demand for risk assets. Traders are weighing whether the move is sustainable as a major rally continues into the week.
A federal trial in Oakland has opened in which California and 28 other states have accused Meta of designing Facebook and Instagram to hook children, harvesting their data and hiding internal research. The states are seeking damages that could reach roughly $200 billion and court-ordered product redesigns to protect under-13s.
Bridgewater founder Ray Dalio has warned that the world is facing a debt crisis as debt supply outpaces demand. He says governments and large tech firms are flooding markets with debt while buyers in China and Japan pull back. He predicts a crisis within the next two to three years, urges hedges like inflation-linked bonds, and marks diversification beyond the US.
AI-related debt issuance is rising amid higher yields and rate expectations. Investors worry about distressed bonds as hyperscalers and AI firms fund data-center buildouts, potentially triggering wider market stress even as equities hold firm. IMF warns of sovereign-bond risks.