The Magnificent Seven faced off in Q1 2025 earnings season, revealing sharp AI-fueled growth for Alphabet, Microsoft, Meta, Amazon, and Apple. Tesla faltered amid political distractions. With tariff fears looming, all eyes turn to NVIDIA’s May 28 report.
Unitree’s G1 is China’s answer to the humanoid revolution. With AI agility, viral demos, and open-source innovation, it’s winning over crowds at expos and online. From search missions to assembly lines, the G1 is no gimmick—it’s Beijing’s bold play for robotics dominance.
Manus AI landed in Sydney with live demos that stunned the crowd. Its autonomous agent builds real apps, automates workflows, and keeps working in the cloud even after users disconnect. Developers called it a “digital colleague,” not just a tool. Game-changing potential.
Global law enforcement, including Australia, took down the ransomware group LockBit, seizing its dark web site. This marks a significant win in the fight against cybercrime and underscores the power of international collaboration.
A coalition of international law enforcement agencies, including the Australian Federal Police, have disrupted LockBit - a prolific ransomware group involved in recent cyber incidents such as the DP World hack and Citrix Bleed Vulnerability just to name a couple.
“As of today, LockBit are locked out. We have damaged the capability and most notably, the credibility of a group that depended on secrecy and anonymity.” Graeme Biggar, the NCA’s director general.
LockBit’s software is a malicious software notorious for disabling computer networks and facilitating ransomware demands. It infiltrates computer systems, encrypts files, and holds them hostage, demanding a ransom for their release.
It is most infamous for being used against hospitals and schools, but is dangerous against any organisation regardless of type.
LockBit operates as a trailblazer in the realm of "ransomware as a service" (RaaS), innovatively outsourcing target selection and attacks to a network of semi-independent "affiliates."
The organisation equips these affiliates with the necessary tools and infrastructure while earning a commission based on the ransoms collected in return.
This distinctive model enhances the scalability and efficiency of cyberattacks, presenting a formidable challenge for cybersecurity efforts.
By decentralising operations, LockBit not only facilitates a broader reach but also underscores the evolving and intricate nature of cyber threats in the modern landscape.
“A beautiful site [sic]“, said Ciaran Martin, former head of Britain’s National Cyber Security Centre
On Tuesday the 20th of February, 2024, LockBit’s website was replaced with a message from international police forces reading
“this site is now under the control of law enforcement”.
The law enforcement breach of LockBit's website, hosted on the "dark web" accessible through dedicated applications, stands as a rare public instance of Western countries intervening against hackers typically operating beyond their jurisdiction.
“Through our close collaboration, we have hacked the hackers; taken control of their infrastructure, seized their source code, and obtained keys that will help victims decrypt their systems,” said Graeme Biggar, the NCA’s director general.
This action highlights the challenge of addressing cyber threats that transcend geographical boundaries.
The incident underscores the significance of cross-border collaboration in combating cybercrime and serves as a reminder of the ongoing efforts by law enforcement agencies to disrupt illicit activities in the digital realm, particularly when dealing with sophisticated entities like LockBit.
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.
Australia is facing a double threat to its financial security: cyberattacks on major superannuation funds and the fallout from Trump’s “Liberation Day” tariff declaration. Both have exposed deep vulnerabilities in retirement savings, leaving Australia’s future wealth increasingly at risk.
The global data centre boom is faltering as credit risks, rising tariffs, and capital costs take hold. Valuations have dropped by as much as 40%, projects are being delayed or cancelled, and hyperscalers are stepping back from long term deals as the sector undergoes a major reset.
A coordinated cyberattack hit Australia’s largest pension funds, compromising over 20,000 accounts. Hackers targeted retirees for fraud, exploiting weak authentication. The breach exposed major gaps in super fund security and shook public trust in the $3.5T industry.
