Walmart pays $3.5 billion to increase stake in India’s Flipkart

Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it’s betting on India at a time when its chief global rival Amazon is scaling back on its expenditures in the South Asian market. The $3.5 billion spending took place … Read more

Free decryptor released for Key Group ransomware

A decryption tool for a widespread ransomware variant is now available to download for free, thanks to a group of cybersecurity researchers from the Netherlands. Experts from EclecticIQ discovered a cryptographic error in the encryptor belonging to the Key Group ransomware operator which allowed them to build a decryptor, which they then released for free.  … Read more

Kyle Vogt to discuss self-driving cars, AI, investing and more at TC Disrupt 2023

Cruise, the self-driving subsidiary of General Motors, has raised over $15 billion, employs more than 3,000 people and expanded its footprint across multiple cities within the U.S. It even has a presence in Dubai. What does it take to build and scale such complex technology? We’re looking forward to discussing that and more with Kyle … Read more