Author: ALJAZEERA

Hacking group Kimsuky using AI-generated documents in spear-phishing attacks, South Korean cybersecurity firm says.Published On 10 Aug 202610 Aug 2026North Korean state-backed hackers are using artificial intelligence to bolster cyberattacks against targets in the military, diplomacy and academia, a report has found.Kimsuky, a hacking group linked to North Korea’s intelligence services, has used AI-generated documents in a “pattern” of spear-phishing attacks since 2026, the South Korean cybersecurity firm Genians said in the report released on Monday.Recommended Stories list of 4 itemsend of listThe attacks have used AI to automate the creation of malicious files disguised as legitimate documents, such as…

United States President Donald Trump has demanded compensation from Iran for those he claimed were killed by the country after Tehran conditioned the reopening of the Strait of Hormuz on receiving war reparations from Washington.Trump told reporters at the White House on Monday that his administration was going to seek payment for “50 years” of damages caused by Iran, framing the move as a direct response to Tehran’s claims.Recommended Stories list of 4 itemsend of listTehran has said it will not open the Strait of Hormuz – through which about a fifth of global oil and liquefied natural gas flowed…

Trump Media & Technology Group earns less than $2m in Q2.Published On 11 Aug 202611 Aug 2026US President Donald Trump’s media conglomerate has reported a net loss of $238m in the second quarter of 2026, against revenue of $1.7m.In its latest filing with the US Securities and Exchange Commission (SEC) on Monday, Trump Media & Technology Group (TMTG) attributed most of the shortfall to $190.4m in unrealised losses on digital assets, digital assets pledged and equity securities.Recommended Stories list of 4 itemsend of listOther losses included $11.7m in “accreted interest” – unpaid interest on a loan that is added to…

The stock was down more than 13 percent as investors were spooked by the company’s heavy investments.By Mohamed Mansour and ReutersPublished On 5 Aug 20265 Aug 2026SpaceX share price has plunged more than 13 percent, a day after the Elon Musk-run company reported its first quarterly earnings as a publicly listed company.On Wednesday, the stock closed down at $108.10, down 13.6 percent from Tuesday’s close of $125.33.Recommended Stories list of 4 itemsend of listInvestors have been spooked by the increase in the company’s capital expenditure. At $18.37bn, it was a six-fold jump from last year, and much higher than the…

Meta joins rivals OpenAI and Anthropic in disclosing AI hacking during cybersecurity testing.Published On 6 Aug 20266 Aug 2026Meta has said that its AI model hacked another company during cybersecurity testing, following on from recent similar announcements by rival companies Anthropic and OpenAI.Meta said on Wednesday that one of its AI models – reported to have been Muse Spark 1.1 – made changes to the unnamed hacked company’s internal systems after accessing the public internet because of an error in the setup of the “sandbox” testing environment by independent testing company Irregular.Recommended Stories list of 3 itemsend of listA “sandbox”…

Eight of the world’s largest shipping associations have urged the United Nations to oppose tolls in the Strait of Hormuz amid reports that Iran and Oman are nearing a deal to manage the critical waterway.In a letter to UN Secretary-General Antonio Guterres and International Maritime Organization Secretary-General Arsenio Dominguez, the group said that allowing authorities to charge vessels to transit the strait would violate international norms and harm the global economy.Recommended Stories list of 4 itemsend of list“Introducing compulsory charges for transit, or service fees that are a toll in all but name, through the Strait of Hormuz would represent…

Critics say the 39 percent cap was a safeguard against excessive concentration of media ownership in the US.Published On 6 Aug 20266 Aug 2026The United States Federal Communications Commission has voted to rescind the rule that bars local broadcast station owners from reaching more than 39 percent of the total number of US TV households in a move that could help spark industry consolidation.The FCC on Thursday voted 2-1 to lift the cap in favour of a new case-by-case approach. The commission’s sole Democrat, Anna Gomez, said the proposal was illegal and argued only the US Congress can lift the…

Move comes after the US Supreme Court struck down many of Trump’s sweeping levies in February.Published On 6 Aug 20266 Aug 2026United States President Donald Trump’s administration has refunded about $100bn in tariffs since the nation’s top court ruled against its use of emergency powers to impose duties on dozens of trade partners, according to customs officials.The Trump administration collected about $166bn from US importers before the US Supreme Court struck down a large portion of the president’s tariff regime in a 6-3 ruling in February.Recommended Stories list of 4 itemsend of listIn a court filing on Tuesday, the US…

The United States and Japan last week staged a coordinated intervention to halt the slide of the yen after the Japanese currency fell to a 40-year low against the US dollar.While it is unusual for authorities to intervene to help prop up another country’s currency, the yen has an important role in international finance as the world’s third-most-traded currency, meaning its depreciation has repercussions far beyond Japan.Recommended Stories list of 4 itemsend of listHere is everything you need to know about the currency intervention:What is a currency intervention and how did the US and Japan coordinate?A currency intervention occurs when…

Defence giants Lockheed and Northrop see billion-dollar deals as Pentagon accelerates missile arsenal productionPublished On 3 Aug 20263 Aug 2026The United States Department of Defense penned a new deal with defence giants Lockheed Martin and Northrop Grumman in an effort to ramp up production capacity for parts used in missile defence systems.The deal, which will impact the Patriot PAC-3 and THAAD missile interceptor systems, was announced on Monday.Recommended Stories list of 4 itemsend of list“Building the Arsenal of Freedom requires robust, dynamic supply chains at every level of the industrial base,” said Michael P. Duffey, Undersecretary of War for Acquisition…