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

Lenovo debuts gaming glasses and portal PC handheld

IFA technically kicks off today in Berlin, but it seems like Lenovo may have won the thing outright. I’ve given the company plenty of credit in the past for its willingness to try new things in this oft-staid world of consumer electronics, and it’s really come out of the gates swinging. Much of its IFA … 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