On Friday, Elon Musk priced the largest float in history. SpaceX listed on the Nasdaq at about $1.8 trillion, minting the world's first trillionaire and fusing the space economy with the AI trade. Inside one lifetime, compute and capital have become statecraft. The sky just became an asset class.
Anthropic’s Fable 5 sharpens reasoning and workflow performance, but early developer reports suggest safety filters may restrict its full capability in sensitive fields. The launch raises a key question: are users paying for better models, or conditional access?
Cyera’s reported $300 million raise at a $12 billion valuation shows how quickly enterprise data security is being repriced as AI adoption accelerates. The figures should be framed carefully, because Cyera has disputed the reported numbers.
A Chinese ship captain has been charged in Taiwan for deliberately damaging a subsea cable, marking a rare prosecution tied to infrastructure sabotage. The case highlights growing concerns over global undersea cable vulnerabilities amid rising tensions with China.
Taiwanese prosecutors have formally charged the captain of a Chinese-crewed cargo ship with intentionally damaging a subsea telecommunications cable, marking the first prosecution of its kind amid escalating concerns over critical infrastructure security. The February 2025 incident involved the Togo-flagged vessel Hong Tai 58, which allegedly severed a cable linking Taiwan to the Penghu Islands after dropping and dragging its anchor across the ocean floor in a restricted area.
Prosecutors in Tainan accused the captain, identified only by surname Wang, of deliberately targeting the cable with "the intention of destroying" critical communications infrastructure. According to authorities, Wang was "fully aware" of the cable's position from electronic charts and that anchoring was prohibited in the area. If convicted, Wang faces a prison sentence of one to seven years and a fine of approximately $300,000. The remaining seven Chinese crew members were not indicted and are being repatriated.
The video below captures the Taiwanese coast guard detaining the crew of the Hong Tai after the alleged cable sabotage.
BREAKING:
— Visegrád 24 (@visegrad24) February 25, 2025
The Taiwanese coast guard is boarding the Chinese-owned vessel ”Hong Tai” after it was caught destroying an undersea telecommunications cable between Taiwan & its Kinmen island near China.
The crew, which is all Chinese, is being detained and taken to Taiwan.
🇨🇳🇹🇼 pic.twitter.com/gDSqzUAr05
This case emerges amid a troubling pattern of subsea cable disruptions globally. CNC previously reported in December 2024 on two European subsea cables damaged within 24 hours, linking Sweden to Lithuania and Finland to Germany. German Defence Minister Boris Pistorius suggested sabotage as the likely cause of those incidents. Taiwan alone has reported at least five similar incidents in 2025, with officials claiming vessels frequently change names and registrations to complicate enforcement efforts.
The vulnerability extends beyond regional concerns. Since 2023, at least 11 cases of undersea cable damage have occurred around Taiwan and another 11 in the Baltic Sea. As CNC previously noted, these cables serve as "the arteries of the global digital economy," carrying 97% of the world's internet traffic across more than 530 cables laid on ocean floors.
Taiwan's National Security Bureau emphasizes these disruptions align with China's broader hybrid tactics, including intense cyber campaigns that exceed 2.4 million attacks daily. As Maya Wang, associate China director at Human Rights Watch, noted,
"Such gray zone tactics allow plausible deniability, enabling coercion without triggering direct conflict."
The prosecution represents Taiwan's determination to protect critical infrastructure amid the emerging geopolitical battleground beneath the waves, while international bodies like the International Telecommunication Union work to establish advisory frameworks for submarine cable resilience.
The US-Iran conflict has triggered an unprecedented surge in cyberattacks. Between February 28 and March 20, DDoS attacks in the Middle East increased eightfold, with StormWall recording 2,000 to 3,000 attacks per minute at peak intensity.
Cyber incidents in the Asia-Pacific have surged 29% in the past year, with Australia facing major breaches at the University of Western Australia and Qantas. Manufacturing is the top target, deepfakes are on the rise, and experts warn the region is in a digital arms race demanding urgent action.
ASIO’s $12.5 billion espionage warning is more than a tally of stolen secrets. It reveals a national digital crisis. With 24 major spy operations disrupted and identity systems exposed, Australia’s critical infrastructure and social services face a growing risk of collapse from unseen cyber threats.
Asia-Pacific faces escalating cyber threats: Qantas breach exposes 6M records, ransomware surges 57%, Japan doubles cybersecurity workforce by 2030. Singapore implements anti-scam laws, Indonesia establishes AI task force. Aviation sector under coordinated attack by Scattered Spider group.
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