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Authorities arrest four hackers linked to UK retail hacking spree

techcrunch.com Zack Whittaker 2025-08-04 09:53:25

In Brief U.K. authorities confirmed on Thursday they had arrested four individuals for allegedly carrying out a series of hacks earlier this year targeting the British retail sector, including Marks & Spencer, Harrods, and the Co-op. The National Crime Agency said a woman aged 20, two men aged 19, and a youth aged 17, were arrested on Thursday at locations across the U.K. under suspicion of hacking, blackmail, money laundering, and participating in an organized crime group. The suspects weren

Topics: aged hackers marks op spencer
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Marks & Spencer chair refuses to say if retailer paid hackers after ransomware attack

techcrunch.com Lorenzo Franceschi-Bicchierai 2025-08-09 01:18:23

In Brief The chairman of U.K. retail giant Marks & Spencer declined to tell a panel of lawmakers whether the company paid a hacking group following a ransomware attack earlier this year. “We’ve said that we are not discussing any of the details of our interaction with the threat actor,” said chairman Archie Norman, referring to the ransom payment. “We don’t think it’s in the public interest to go into that subject partly because it is a matter of law enforcement.” Norman said that “nobody” at

Topics: lawmakers marks norman said spencer
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AI Is Not in the Memo, but It Haunts Every Layoff at Xbox

gizmodo.com Luc Olinga 2025-08-16 01:18:28

In the new AI economy, it seems no job is safe, not even at a thriving business. Microsoft’s Xbox division is a case in point. Last quarter, its revenue soared by 8% year over year. And yet, the division is now at the center of the tech giant’s largest wave of layoffs since 2023, with thousands of its employees among the 9,000 jobs cut by Microsoft on Wednesday. In a memo sent to his shell-shocked employees and reviewed by Gizmodo, Microsoft’s head of gaming, Phil Spencer, performed a mastercla

Topics: ai gaming microsoft new spencer
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Xbox hit hard with layoffs: from canceled games to a shuttered studio

theverge.com Verge Staff 2025-08-16 15:36:32

On July 2nd, Microsoft announced sweeping layoffs affecting as many as 9,000 employees, and they had a big impact on the company’s Xbox studios. Microsoft canceled Perfect Dark from The Initiative and closed the studio. Rare’s Everwild, announced in 2019, was canceled, too. And Forza Motorsport developer Turn 10 Studios will lose more than 70 employees. “We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest o

Topics: company employees microsoft spencer xbox
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Xbox hit hard with layoffs: from cancelled games to a shuttered studio

theverge.com Verge Staff 2025-08-17 01:36:32

On July 2nd, Microsoft announced sweeping layoffs affecting as many as 9,000 employees, and they had a big impact on the company’s Xbox studios. Microsoft cancelled Perfect Dark from The Initiative and closed the studio. Rare’s Everwild, announced in 2019, was cancelled, too. And Forza Motorsport developer Turn 10 Studios will lose more than 70 employees. “We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest

Topics: company employees microsoft spencer xbox
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Phil Spencer isn’t retiring as the chief of Xbox ‘anytime soon’

theverge.com Jay Peters 2025-08-17 05:40:27

Microsoft says that Phil Spencer, Microsoft Gaming CEO and the head of Xbox, isn’t retiring “anytime soon.” The company has responded to rumors of Spencer’s retirement, which have spread online today following Microsoft’s major layoffs. “Phil is not retiring anytime soon,” says Kari Perez, head of Xbox communications, in a statement to The Verge. The denial comes after Call of Duty leaker GhostOfHope claimed “Phil Spencer will be retiring from his role as CEO of Microsoft Gaming after the launc

Topics: microsoft retiring spencer studios xbox
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