Mississauga, ON, June 13, 2025 (GLOBE NEWSWIRE) Today, TECHNATION, on behalf of the TECH7, released its 2025 joint declaration, calling on G7 leaders and digital ministers to take decisive action to …
Read full articleJune 13, 2025 • By TECHNATION
The TECHNATION, on behalf of the TECH7 coalition, has released a joint declaration calling on G7 leaders to take action for a secure and innovative digital future. The declaration urges coordinated international action to align trade approaches, accelerate AI adoption, foster economic growth, strengthen security alliances, and champion responsible AI governance. The TECH7 coalition, comprising leading national technology associations from the G7, aims to drive industry-led policy discussions and advance democratic resilience, digital security, and inclusive economic growth. The declaration is a pivotal commitment to uniting digital economic strategies amid rapid technological change and global fragmentation. A TECH7 Summit will be held in Ottawa in October 2025 to engage industry and government leaders in shaping policies for the digital landscape.

June 13, 2025 • By Pierluigi Paganini
Here is a concise summary of the news article, within the 8173 token limit: **Multiple Cybersecurity Threats and Breaches Reported** Recent cybersecurity news includes various threats and breaches, such as: * Palo Alto Networks fixing multiple privilege escalation flaws * A cyberattack on United Natural Foods causing bread shortages * Paraguay suffering a data breach, leaking 7.4 million citizen records * Apple confirming an actively exploited Messages app flaw * Trend Micro fixing critical bugs in Apex Central and TMEE PolicyServer * SinoTrack GPS device flaws allowing remote vehicle control and location tracking * US CISA adding various flaws to its Known Exploited Vulnerabilities catalog * Operation Secure dismantling over 20,000 malicious IPs * Roundcube RCE bug being rapidly exploited, affecting over 80,000 servers * Google fixing a flaw that could allow recovery of phone numbers associated with Google accounts * Texas Department of Transportation data breach exposing 300,000 crash reports * SAP fixing a critical NetWeaver bug * China-linked threat actors targeting over 70 organizations worldwide * OpenAI banning ChatGPT accounts linked to Russian and Chinese cyber ops * Mirai botnets exploiting Wazuh RCE and Akamai warning of increased attacks * BadBox 2.0 botnet infecting millions of IoT devices worldwide * Gluestack packages being targeted in an ongoing supply chain attack **Other Notable Incidents** * Experts finding 4 billion user records online, the largest known leak of Chinese personal data * Russia-linked threat actors targeting Ukraine with PathWiper wiper * US offering a $10 million bounty for info on RedLine malware creator and state hackers * Play ransomware group hitting 900 organizations since 2022 * US CISA adding various flaws to its Known Exploited Vulnerabilities catalog * Cisco fixing a critical flaw in its IOS XE Wireless Controller * Samsung disclosing a data breach following a cyber attack * Mozilla fixing zero-days recently demonstrated at Pwn2Own Berlin 2025 * Japan passing a law allowing preemptive offensive cyber actions **Cybercrime and Malware** * Scattered Spider threat actors targeting US retailers * Pwn2Own Berlin 2025 seeing researchers earn prizes for hacking various systems * Meta planning to train AI on EU user data without consent * Google fixing a Chrome vulnerability that could lead to full account takeover * Nova Scotia Power disclosing a data breach after a security incident * US CISA adding various flaws to its Known Exploited Vulnerabilities catalog * Kosovo authorities extraditing the admin of the cybercrime marketplace BlackDB.cc * Microsoft Patch Tuesday security updates fixing 5 actively exploited zero-days * Fortinet fixing an actively exploited FortiVoice zero-day **APT Groups and Nation-State Actors** * China-linked APT41 using Google Calendar as a C2 to control its TOUGHPROGRESS malware * Czech Republic accusing China's APT31 of a cyberattack on its Foreign Ministry * Russia-linked APT29 targeting European diplomatic entities with GRAPELOADER malware * Iran-linked APT group exploiting Ivanti EPMM flaws * North Korea-linked APT group ScarCruft spotted using new Android spyware KoSpy **Other News** * Apple stopping $2 billion in fraud in 2024 alone, $9 billion over 5 years * Interpol dismantling over 20,000 malicious IPs in a major cybercrime crackdown * US Treasury sanctioning the firm Funnull Technology as a major cyber scam facilitator * Coinbase disclosing a data breach after an extortion attempt * Marks & Spencer confirming a data breach after a cyber attack * FBI warning of a spike in cyber threats against the energy sector.

June 13, 2025 • By Jess Weatherbed
The PCI Special Interest Group (PCI-SIG) has released the PCIe 7.0 specification, which offers a theoretical maximum bandwidth speed of 512GB per second. However, this technology is primarily targeted at data-driven applications like cloud and quantum computing datacenters, rather than consumer computing devices. PCIe 7.0 will be backward compatible with previous versions, but it may take time to appear in datacenter markets and is not expected to be available for everyday desktop SSDs or GPUs soon. Meanwhile, pathfinding for PCIe 8.0 is already in progress, and PCIe 6.0 has yet to make its consumer debut.
June 13, 2025 • By ecosgrove@businessinsider.com (Emma Cosgrove)
Ian Buck, Nvidia's vice president of hyperscale and high-performance computing, played a crucial role in developing the company's breakthrough software, Compute Unified Device Architecture (CUDA). CUDA supports over 900 libraries and artificial intelligence models, making it a key factor in Nvidia's 90% market share in AI computing. Buck's contribution to Nvidia is significant, and his influence is still growing. He is known for being gregarious and easygoing but can be intense when goals are on the line. Buck's work at Nvidia began with a simple mandate: make the GPU work for every industry, and that mission is nearly accomplished. Buck's team spends a lot of time speaking with researchers to stay on top, and understanding what the smartest minds in AI need from Nvidia is paramount. The company is facing increasing competition, but Buck's technical skills and ability to attract top talent will be essential in maintaining Nvidia's dominance. Despite being more than a decade younger than CEO Jensen Huang, questions about succession are inevitable, and Buck is considered one of Huang's right-hand men. Nvidia declined to make Buck available for an interview, but those who know him describe him as a computing legend with a passion for making computers go faster. His work on CUDA has enabled the company to defend its market share, and his ability to explain complex technical concepts in simple terms has made him an effective spokesperson for Nvidia. As the company continues to evolve and face new challenges, Buck's role will be crucial in maintaining Nvidia's position as a leader in the AI computing industry.
June 13, 2025 • By Simply Wall St
The article discusses how to use Return on Equity (ROE) to better understand a business, using Steyr Motors AG as an example. ROE measures a company's profitability and ability to generate profits from shareholders' capital. Steyr Motors' ROE is 22%, higher than the average 9.8% in the machinery industry. The company's high ROE is impressive, especially since it has no net debt, indicating a high-quality business. However, the article notes that a high ROE doesn't always mean superior financial performance and that other factors, such as future profit growth and investment requirements, should be considered.

June 13, 2025 • By MarketBeat News
Capital Investment Advisors LLC acquired 10,476 shares of Quantum Computing Inc. (NASDAQ:QUBT) in the first quarter, valued at approximately $84,000. Other institutional investors, including Rhumbline Advisers and Tower Research Capital LLC, also acquired new stakes in the company. Insiders, such as Director Javad Shabani and CFO Christopher Boehmler, sold a total of 1,213,404 shares in the last quarter. Quantum Computing Inc. reported a loss of ($0.47) per share in its quarterly earnings, missing the consensus estimate. The company's stock has a market cap of $2.47 billion and a 52-week high of $27.15. Institutional investors own 4.26% of the company's stock, while insiders own 19.30%.

June 13, 2025 • By MarketBeat News
Harbor Capital Advisors Inc. increased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 20.3% in the 1st quarter, according to its recent SEC filing. The firm now owns 16,843 shares, valued at $1,761,000. Other institutional investors, including Norges Bank, Raymond James Financial Inc., and Janus Henderson Group PLC, also recently added to or reduced their stakes in BAH. The company's stock opened at $102.02 on Friday, with a market capitalization of $12.67 billion. Booz Allen Hamilton has a dividend yield of 2.16% and a consensus price target of $136.90. The stock has received a mix of ratings from analysts, with two sell ratings, seven hold ratings, two buy ratings, and one strong buy rating.

June 13, 2025 • By MarketBeat News
California State Teachers Retirement System increased its stake in Rigetti Computing, Inc. (NASDAQ:RGTI) by 12.7% in the 4th quarter, owning 11,551 shares worth $176,000. Other institutional investors, including Allworth Financial LP, Signaturefd LLC, and Legal & General Group Plc, also bought or increased their shares of RGTI. Institutional investors and hedge funds now own 35.38% of the company's stock. Rigetti Computing, Inc. builds quantum computers and offers cloud-based quantum processing units, with a market capitalization of $3.51 billion.

June 13, 2025
XtalPi, a life sciences and new materials R&D platform, has acquired Liverpool ChiroChem (LCC), a pioneer in automated chiral chemistry technologies. The merger will enhance XtalPi's ability to explore and synthesize novel chemical space with speed and precision, accelerating innovation for pharmaceutical, materials, and specialty chemical applications. LCC's expertise in chiral chemistry will broaden XtalPi's accessible chemical space, propelling the discovery of next-generation therapeutics and materials. The combined entity will operate labs, automation systems, and AI infrastructure in the US, Europe, and Asia, offering clients enhanced operational flexibility and security.

June 13, 2025 • By Pierluigi Paganini
Here is a concise summary of the news article, within the 8173 token limit: **Multiple Cybersecurity Threats and Breaches Reported** Recent cybersecurity news includes: * Palo Alto Networks fixed multiple privilege escalation flaws * A cyberattack on United Natural Foods caused bread shortages * Paraguay suffered a data breach, leaking 7.4 million citizen records * Apple confirmed a Messages app flaw was actively exploited * Trend Micro fixed critical bugs in Apex Central and TMEE PolicyServer * Other notable breaches and threats include: + Roundcube RCE bug exploitation + SinoTrack GPS device flaws + U.S. CISA adding various flaws to its Known Exploited Vulnerabilities catalog + Operation Secure: INTERPOL dismantling malicious IPs + BadBox 2.0 botnet infecting millions of IoT devices + Play ransomware group targeting organizations + Cisco ISE flaw impacting cloud deployments + Ukraine's military intelligence agency stealing classified data + HPE fixing multiple flaws in its StoreOnce software + Cartier disclosing a data breach + U.S. CISA adding various flaws to its Known Exploited Vulnerabilities catalog **Threat Actors and Attack Vectors** * China-linked threat actors targeting organizations worldwide * Russia-linked threat actors exploiting Fortinet flaws * North Korean IT worker scam * OpenAI banning ChatGPT accounts linked to Russian and Chinese cyber ops * Mirai botnets exploiting Wazuh RCE and Akamai * Various other threat actors and attack vectors, including phishing, ransomware, and malware campaigns. **Security Patches and Updates** * SAP releasing security patches for critical NetWeaver bug * Google fixing Chrome vulnerability * Apple releasing security updates for iOS and macOS * Microsoft releasing security updates for Windows and other products * Various other security patches and updates for known vulnerabilities.

June 13, 2025 • By MarketBeat News
IonQ's stock rating was restated as "buy" by Needham & Company LLC with a $50 price objective, indicating a potential 28.90% upside. Other brokerages, including DA Davidson and Morgan Stanley, have also commented on the stock with varying price targets. IonQ reported quarterly earnings of ($0.14) per share, beating consensus estimates, with revenue of $7.57 million. Analysts expect the company to post -0.86 EPS for the current year. Insiders and institutional investors have recently bought or sold stakes in the company, with 41.42% of the stock owned by institutional investors and hedge funds. IonQ develops general-purpose quantum computing systems and sells access to its quantum computers through cloud platforms.

June 13, 2025 • By The Star Online
China has begun producing 6in wafers for thin-film lithium niobate (TFLN) photonic chips, which use light for information transmission and processing. This pilot production line, built by Shanghai Jiao Tong University's Chip Hub for Integrated Photonics Xplore (CHIPX), has overcome a global limit for high-speed optical links and shown gains in technical performance. The TFLN material is known for its ultra-fast electro-optic effect, high bandwidth, and low power consumption, making it suitable for applications such as cloud computing, supercomputing, AI model training, and 6G infrastructure. The production line has an annual capacity of 12,000 6in wafers and can produce chips rapidly and at a low cost. This development is expected to position China for major advances in artificial intelligence, 6G, and quantum computing.

June 13, 2025 • By MarketBeat News
Here's a concise summary of the news article: MarketBeat's stock screener tool has identified Broadcom, Quantum Computing, and AT&T as the top three telecom stocks to watch. These companies have had the highest dollar trading volume in the last few days. - Broadcom Inc. (AVGO) designs and supplies semiconductor devices, operating in two segments: Semiconductor Solutions and Infrastructure Software. Its stock traded up $7.24 to $251.87 on Wednesday, with a market cap of $1.18 trillion. - Quantum Computing Inc. (QUBT) offers accessible and affordable quantum machines, including portable quantum computers and quantum random number generators. Its stock traded up $4.14 to $19.27 on Wednesday, with a market cap of $2.71 billion. - AT&T Inc. (T) is a holding company providing telecommunications and technology services, operating through the Communications and Latin America segments. Its stock traded down $0.03 to $28.39 on Wednesday, with a market cap of $204.30 billion. These telecom stocks offer relatively stable dividend yields but can be sensitive to regulatory changes and capital-intensive network upgrades.

June 13, 2025 • By MarketBeat News
IonQ's share price rose 2.6% after Benchmark raised its price target from $40 to $50 with a buy rating. The stock traded as high as $43.96 and last traded at $40.79, with 29 million shares traded. Several analysts have commented on IonQ, with Morgan Stanley and Needham & Company LLC adjusting their price targets. The company has a "Moderate Buy" rating and a consensus target price of $40. IonQ reported earnings of ($0.14) per share, topping estimates, with revenue of $7.57 million. Institutional investors have recently added to or reduced their stakes in the company. IonQ engages in developing general-purpose quantum computing systems and sells access to its quantum computers through cloud platforms.

June 13, 2025 • By MarketBeat News
IonQ's stock saw a 42% increase in trading volume after Benchmark raised its price target from $40 to $50 with a buy rating. The stock traded at $40.84, up from its previous close of $39.74. Other analysts have also adjusted their price targets, with Morgan Stanley increasing it to $30 and Needham & Company LLC reducing it to $50. The company has a consensus rating of "Moderate Buy" and a target price of $40. Institutional investors, including Vanguard Group Inc. and JPMorgan Chase & Co., have recently increased their holdings in the company. IonQ reported a loss of $0.14 per share in its latest earnings report, beating expectations, with revenue of $7.57 million. Analysts forecast a loss of $0.86 per share for the current year.

June 13, 2025 • By you@example.com
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June 13, 2025 • By Zennon Kapron, Contributor, Zennon Kapron, Contributor https://www.forbes.com/sites/zennonkapron/
A recent warning from a Europol-backed working group has sparked concern among banks about the potential threat of quantum computers to their encrypted payment systems. The warning states that criminals are stockpiling encrypted payment data, waiting for quantum computers to become powerful enough to decrypt it. The Quantum Safe Financial Forum, which includes members such as the Fed and the ECB, has urged banks to start their post-quantum migrations now. Central bankers have also emphasized the need for an early transition, with ECB board member Piero Cipollone calling quantum risk "a serious threat to our encryption-based financial system." In response to this threat, the US standards body NIST has finalized its first three post-quantum encryption algorithms, which are now being used as a reference set for card schemes, processors, and banks. Companies such as Mastercard and Visa are piloting quantum-safe payment systems, with Mastercard launching a Quantum Security & Communications project in 2021. However, the process of updating payment systems to be quantum-safe is complex and time-consuming. It requires not only updating software but also replacing hardware security modules, which can be a costly and difficult process. Despite the challenges, regulators are pushing for banks to map their cryptographic dependencies and publish transition timetables. The potential consequences of not doing so could be severe, with cybercrime estimated to cost the global economy $10.5 trillion by 2025. In conclusion, while the threat of quantum computers to payment systems may seem like a distant concern, it is an issue that banks and financial institutions need to take seriously. The time for headline insurance pilots is closing, and the next compliance cycle will require companies to have a clear plan in place for migrating to quantum-safe payment systems.