Stay informed with our weekly roundup of top 10 key happenings in tech, cyber and geopolitics. Discover the most significant developments, trends and breakthroughs shaping the industry, all in one concise update. The card image tiles are designed for easy recognition of the category to which the news belongs.
IAS Officer Duped of Rs 1 Crore in Investment Scam; Fraudster Promised High Returns
An IAS officer in Maharashtra reported losing over Rs 1 crore to an alleged investment scam by a supposed currency trading expert. Persuaded by promised high returns, she invested Rs 1.9 crore but received only Rs 25 lakh back. After continuous delays in repayment, she approached Delhi Police, who are now investigating.
Read moreU.S. Agency CISA Warns: Palo Alto Networks Vulnerability Puts Federal Systems at Risk
CISA issued a high-priority warning for a critical vulnerability (CVE-2024-5910) in Palo Alto Networks Expedition tool, enabling unauthorized access to sensitive data on unpatched servers. This flaw, along with CVE-2024-9464, poses severe risks, as attackers can execute arbitrary commands and reset credentials. U.S. federal agencies must secure affected servers by November 28.
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New CRON#TRAP Malware Infects Windows by Hiding in Linux VM to Evade Antivirus
Researchers have uncovered "CRON#TRAP," a malware campaign that uses a hidden Linux virtual machine on Windows systems to establish backdoor access. Distributed via phishing, it uses a malicious shortcut file to launch a concealed Linux environment, evading detection. A Chisel tunneling utility connects to a C2 server, providing attackers remote access for further exploitation.
Read moreAndroxGh0st Malware Integrates Mozi Botnet to Target IoT and Cloud Services
AndroxGh0st malware operators have expanded their reach by exploiting new vulnerabilities across various applications and integrating Mozi botnet functionalities. Targeting vulnerabilities in Laravel, Cisco, TP-Link, and others, AndroxGh0st now uses Mozi’s IoT infection capabilities to broaden its impact. This shared infrastructure allows efficient control over a vast botnet, enhancing the threat to critical infrastructures and IoT devices.
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Musk unveils $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event
Tesla CEO Elon Musk showcased the Cybercab, a two-seater autonomous vehicle with no steering wheels or pedals, at the "We, Robot" event. Priced under $30,000, the Cybercab aims for production before 2027. Musk also announced a Robovan for high-density transport and hinted at unsupervised Full Self-Driving (FSD) by next year in select Tesla models.
Read moreHolographic-inspired lenses could unlock 3rd dimension of imaging in future VR headsets and smart glasses
Chinese researchers have developed a bifocal lens for future VR headsets, inspired by holographic technology. This bilayer lens, made of liquid crystal structures, switches between two focal lengths by adjusting external voltage, enabling enhanced image contrast and edge imaging. The technology has potential applications in VR, optical computing, and polarization imaging, offering a breakthrough in light control and holographic imaging.
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Oracle and Vodafone enhance global IoT connectivity
Alibaba is scaling back its metaverse operations, with significant layoffs at its Yuanjing division. Despite reducing its workforce, the division will continue to focus on developing metaverse applications and services. This move follows a broader trend among tech firms reevaluating their investments in the metaverse due to challenges in technology, user adoption, and high costs. Optimism remains for the sector future potential.
Read moreAlibaba scales back metaverse efforts as hype fades
This news falls under the **tech** category. It focuses on Alibaba strategic pivot within the metaverse sector and the broader trend of technology companies reassessing their investments in emerging digital fields. While the metaverse involves IoT-related components, the primary focus here is on metaverse technologies and the changing dynamics of big tech investments.
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Trump Won’t Bring Radical Change to US Foreign Policy in Asia
Donald Trump’s 2024 victory reignites discussions on US foreign policy in Asia, focusing on countering China’s influence, strengthening alliances, and ensuring economic security. While his tone may differ, US strategy remains aligned with bipartisan goals. The emphasis on military deterrence, trade, and partnerships, particularly in the Indo-Pacific, is expected to continue despite changes in leadership style.
Read moreIndia-China Border Agreement: A Tactical Step, No Strategic Reset
In October 2024, India and China de-escalated their border dispute along the Line of Actual Control (LAC), agreeing to withdraw troops, dismantle infrastructure, and resume patrols. Despite this diplomatic success, deep-rooted mistrust remains. Both nations expand military infrastructure, and cyber tensions persist. India’s “strategic autonomy” allows it to engage both China and the US, maintaining a delicate balance in regional politics.
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