Security breaches, foldable gains, and a billion-dollar space bet
Adobe patches an exploited Magento flaw, crypto losses top three billion, and Stokes Space raises a billion dollars.
The TechMap Live reporter · · 2 min read · from 10 reports
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Adobe just patched a critical Magento flaw that attackers were already using to install a Rust backdoor and a PHP web shell. At the same time, crypto platforms have bled three point six three billion dollars in hacks over nineteen months, even though most of them had passed audits. On the consumer side, Samsung's new Z Fold 8 is drawing twice as many iPhone switchers as the last model, a RHINOSHIELD case just survived a thirty kilometre drop, and Xiaomi launched an electric SUV with a built-in roof tent. Big money moved elsewhere too: Stokes Space raised a billion dollars, pushing its total to two point three billion before its rocket has reached orbit. TSMC backed ASML's push for bigger masks to print larger AI chips. Slovenia became the sixth EU country to greenlight Tesla's FSD Supervised, Urssaf started moving its cloud off Microsoft onto Red Hat, and Surfshark bought a majority stake in data removal service Optery.
Active exploits and audit gaps
Adobe released patches for a maximum-severity flaw in Adobe Commerce and Magento Open Source. Attackers were already using it to drop a Rust backdoor and a PHP web shell on unpatched stores.
Crypto platforms lost three point six three billion dollars through security breaches over nineteen months. Most of the hit projects had passed independent audits, which raises serious questions about how effective those audits really are.
Foldables, drop tests, and a camping SUV
Samsung's Galaxy Z Fold 8 is pulling in twice as many iPhone switchers as the previous model did, just as Apple prepares its first foldable.
A RHINOSHIELD case let an iPhone survive a freefall from thirty thousand six hundred seven metres, setting a new Guinness record.
Xiaomi unveiled the SkyNomad N90 Max, an electric SUV with a built-in roof tent aimed at China's growing car-camping crowd.
Big funding, lithography, and regulatory moves
Stokes Space raised one billion dollars in Series E funding, bringing its total to two point three billion. Its rocket has not yet reached orbit.
TSMC backed ASML's plan to develop bigger masks so the newest lithography machines can print the largest AI chips currently built.
Slovenia became the sixth EU country to approve Tesla's FSD Supervised driver-assistance system, ahead of a vote that could open all twenty-seven markets.
French social security agency Urssaf moved its internal cloud to Red Hat Linux, starting a shift away from Microsoft cloud services.
Surfshark Group acquired a majority stake in US data removal service Optery, adding a fifth privacy brand to its portfolio.
Questions people ask
What was the Magento flaw used for?
Attackers deployed a Rust backdoor and PHP web shell on unpatched Adobe Commerce and Magento Open Source stores.
How much have crypto hacks cost recently?
Platforms lost three point six three billion dollars over nineteen months despite most projects passing independent audits.
Why does Stokes Space funding matter?
The company has raised two point three billion dollars total but its rocket has not yet reached orbit.
The events in this briefing
Every event summarised above, in the order it was reported. Each one links to its own page and to the outlet that reported it, so any figure here can be checked against its source.
- RHINOSHIELD iPhone survives 30.607-metre fall to set world record · Webtekno
- TSMC backs ASML plan for bigger masks · The Next Web
- Samsung Galaxy Z Fold 8 attracts double the iPhone switchers · Frandroid
- Stokes Space raises $1bn Series E funding · The Next Web
- Slovenia approves Tesla FSD Supervised · The Next Web
- Urssaf migrates internal cloud to Red Hat Linux, moving away from Microsoft · Frandroid
- Crypto platforms lose $3.63 billion to hacks over 19 months · dev.ua
- Xiaomi launches SkyNomad N90 Max SUV with integrated roof tent · Frandroid
- Surfshark acquires majority stake in data removal service Optery · TechRadar
- Adobe patches Magento zero-day exploited to deploy Rust backdoor · The Hacker News
This briefing was written by an automated reporter from 10 event reports already published on this site. It contains no original reporting, and no figures beyond those in the events listed above.
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