Oracle reported fiscal first-quarter results that topped Wall Street forecasts, with adjusted earnings of $1.92 per share and revenue of $19.35 billion, both above LSEG estimates. Revenue climbed nearly 30% year over year, driven largely by rapid growth in cloud infrastructure as Oracle pushes deeper into AI-related data center buildouts. The company raised its long-term outlook, now projecting $8.10 in adjusted earnings per share on at least $90 billion in revenue for fiscal 2027.
Microsoft says threat groups Storm-3032 and Storm-3121 have been calling or texting employees on personal devices since May, posing as internal IT helpdesks to steal credentials and bypass corporate authentication protections. The attackers then abuse the Microsoft Graph API to exfiltrate corporate data at scale, and researchers believe they hand off this access to extortion gangs such as ShinyHunters. No specific breaches have yet been tied directly to these campaigns.
The EU's Copernicus climate agency reported that August tied with July 2023 as the hottest month ever measured globally, following a summer that also produced the second-hottest June and July on record. NOAA separately confirmed this was the hottest US summer, surpassing the Dust Bowl era, while global average temperatures ran 1.65°C above preindustrial levels.
Ian Rogers, who previously built Beats Music, helped launch Apple Music, and later worked at LVMH, has taken on the role of chief human agency officer at Ledger, a crypto security startup valued at $1.5 billion. Ledger uses secure hardware chips, similar to those found in credit cards, to protect digital assets like Bitcoin from theft or loss. Rogers is now working remotely from rural Italy, shaping the company's security and AI strategy.
Commentators aligned with Steve Bannon's political circle, including Joe Allen, have started describing artificial intelligence systems built in data centers as 'algorithmic immigrants,' framing AI development as akin to immigration that threatens American workers and culture. The phrase is being used to fold anti-AI sentiment into existing far-right anti-immigration narratives.
A newly compiled dataset tracking all-cause mortality across 134 countries indicates that official COVID-19 death tolls were vastly understated, with excess deaths pointing to more than 6 million uncounted fatalities worldwide. The analysis suggests roughly half of governments either failed to accurately measure or deliberately concealed the true scale of pandemic deaths.
IDScan.net, an identity verification company, disclosed that an unauthorized third party may have accessed customer accounts containing full names and government ID numbers. In response, the company is notifying affected customers and providing free credit monitoring and identity protection services while cooperating with federal law enforcement.
Springshot, a startup whose operations platform powered Spirit Airlines' logistics until its final flight, says it received no advance notice that Spirit planned to auction a massive trove of operational data to Google as part of its bankruptcy proceedings. The company filed a limited objection arguing the sale agreement's vague data categories could improperly include Springshot's proprietary intellectual property rather than data Spirit actually owns.
Security firm Zimperium has identified a new Android malware called Mantax Otax that combines file encryption with data theft, distributed via malicious APKs outside Google Play through phishing lures aimed at Indonesian users. Once installed, it abuses Accessibility permissions to harvest device data, report to a GitHub-hosted command server, and on older Android versions (9 and below) encrypts files, replaces images with ransom notes, and opens a Firebase-hosted chat to negotiate payment. Researchers exploited a misconfigured Firebase server to expose the attackers' actual conversations with victims.
Proxylity introduced DTLS Listeners, a new capability that adds TLS-style encryption and authentication to UDP-based applications without altering their datagram structure. The service handles DTLS 1.2 or 1.3 session negotiation, decrypts incoming data, and forwards plaintext to configured Destinations, encrypting responses before sending them back to the client. Each Listener automatically receives a Proxylity-managed server certificate accessible via a CloudFormation attribute.
A new open-source project called EterDB extends PostgreSQL with the ability to reverse individual transactions, including updates, deletes, or entire batches, even after they have been committed. It tracks dependencies between reads and writes so that changes relying on a bad transaction are also caught, and it retains an append-only history that allows recovery of data from weeks or months earlier.
Surfshark disclosed that hackers gained access to an internal engineering test server after a misconfiguration left it exposed to the internet, along with a separate proxy server used for content-accessibility optimization. The company says the exposed systems contained build credentials, code history and system binaries, but no user identities, IP addresses, encryption keys or browsing traffic were compromised. Suspicious activity was spotted on August 31, contained by September 2, and remediation finished three days later.
GoKawiil