American software company delivering a cloud-based workflow platform
Dashlane reports a coordinated brute-force attack targeted its device-enrollment API, leading to the unauthorized download of fewer than 20 encrypted password vaults. The company has notified affected users and says others are unaffected. The incident highlights vulnerabilities in 2FA enrollment and rapid credential access.
SK Hynix has raised $26.5bn by selling 177.9m American depositary receipts at $149 each, in the largest-ever US share sale by a foreign company. Its ADRs have begun trading on Nasdaq under temporary ticker SKHYV and will convert to SKHY; the company is using proceeds to expand fabs, packaging and EUV capacity as AI-driven memory demand surges.
IBM has reported a disappointing second-quarter revenue of $17.2 billion, missing expectations and signaling a shift in corporate spending toward infrastructure and cybersecurity. The stock has fallen roughly 25% in a single session, threatening margins and prompting market participants to seek further downside protection.
IBM has warned of a performance shortfall as customers reallocate budgets toward AI infrastructure and cybersecurity. The miss comes ahead of a Q2 earnings call, with executives noting a shift in spending to servers, storage, and memory and delaying large deals.
Apple shares have rebounded as investor anxiety over AI spending eases, while IBM signals a softer second quarter amid capex reallocation toward servers and cybersecurity. The broader tech complex remains sensitive to AI budgeting and infrastructure demand, with investors watching cloud and semiconductor peers.
Oil prices have risen this week after U.S. officials narrowed a waiver to the Jones Act for energy shipments and data showed U.S. crude stocks have fallen to multi-decade lows. Traders are parsing mixed statements from Washington and Tehran about talks to reopen the Strait of Hormuz while reparations demands have emerged, keeping markets volatile on 11 Aug 2026.
The latest from multiple outlets shows ongoing US strikes on Iran continue, with Tehran signaling readiness to expand its regional actions. Israel remains on the sidelines for now, while diplomacy and economic pressure shape the broader confrontation.
A collection of new interviews and analyses shows Europe grappling with scaling tech firms, AI investment, and strategic sovereignty as industry pressure builds and the continent seeks to turn ideas into global companies.
Multiple tech firms push back on doomsday AI narratives, arguing AI will strengthen data-backed operations rather than replace core software. Salesforce and Palantir promote sovereignty and governance of AI within enterprise ecosystems while analysts urge careful adoption and enhanced transparency.
Salesforce and Anthropic have expanded their partnership amid a rally in Salesforce shares. The duo say AI-enabled tools will augment, not disrupt, existing software offerings, as investors respond to upbeat quarterly results and word of a broader AI push.