Visa Launches AI Tools to Cut Scam Success by 50% Amid Fraud Surge

Visa Inc. has launched advanced cybersecurity tools, including AI-driven real-time analytics, biometric authentication, and tokenization, to combat escalating AI-powered scams amid soaring global fraud losses, like India’s Rs 22,845 crore in 2024. These measures aim to reduce scam success by up to 50%, setting a new industry benchmark for secure digital payments.

Cisco Victim of Voice Phishing Attack, Customer Data Stolen

Cisco Systems fell victim to a voice phishing attack, where hackers impersonated trusted entities to steal customer data like names, addresses, and emails from a third-party CRM system. No financial info was compromised. The breach underscores social engineering risks, prompting Cisco to enhance training and security measures.

Shopify Q2 2025 Revenue Hits $2.68B, Up 31% with Strong AI Growth

Shopify reported strong Q2 2025 results with $2.68 billion revenue, up 31% year-over-year, driven by AI tools and merchant growth, exceeding estimates. GMV hit $87.8 billion, and free cash flow reached $422 million. The company forecasts mid-to-high twenties revenue growth for Q3, signaling optimism amid economic challenges.

ESPN Launches $29.99 Streaming Service with 47,000 Events on Aug. 21

ESPN’s direct-to-consumer streaming service launches on Aug. 21, bundling all linear channels, ESPN+ content, and over 47,000 live events for $29.99 monthly. It features personalization, betting integration, and AI recommendations to combat cord-cutting. This move positions ESPN as a comprehensive sports hub amid evolving media landscapes.

Disney Shifts to Streaming Profitability, Ends Individual Sub Reporting in 2025

Disney is shifting focus from subscriber growth to profitability, ceasing individual reporting for Disney+, Hulu, and ESPN+ starting late 2025. Recent Q3 earnings showed $23.7B revenue and $346M streaming profit, with 207.4M total subscribers. This move underscores industry maturation and bundling strategies for long-term financial health.

Palantir Surges Toward $1 Trillion Valuation in AI Boom, Wedbush Says

Palantir Technologies is surging in the AI era, with Wedbush analysts predicting a trillion-dollar valuation amid booming demand for its data analytics platforms. The stock has doubled in 2025, reaching a $375B+ market cap, fueled by government contracts and commercial growth. Despite overvaluation risks, AI’s momentum positions Palantir as a top tech winner.

AI Model Collapse: Dangers of Training on Self-Generated Data

AI models are degrading via “model collapse,” as they train on self-generated data, leading to homogenized outputs, lost diversity, and compounded errors. Studies liken this to mad cow disease and urge solutions like watermarking and human-sourced data. Prioritizing human creativity is essential to sustain AI innovation.

Papa John’s to Close 74 UK Restaurants Amid Rising Costs

Papa John’s is closing 74 underperforming UK restaurants to stem losses amid economic pressures, staffing shortages, and rising costs, following 43 closures in 2024. The strategy focuses on reinvesting in digital enhancements and menu innovations. Profitability is anticipated in 2025.

DRAM Prices Double in 2025 Amid China’s DDR5 Shift and US Curbs

DRAM prices doubled in May-June 2025, driven by China’s shift from DDR4 to advanced DDR5 and HBM chips for self-reliance amid U.S. restrictions. CXMT’s production pivot tightens global supply, sparking stockpiling and potential shortages. This disrupts markets, benefiting leaders like Micron while challenging innovation and stability.

Oracle Q2 2025 Earnings: 52% Cloud Growth on AI Demand, Beats Estimates

Oracle’s Q2 2025 earnings showed 52% cloud infrastructure revenue growth, driven by AI demand and OCI, with total revenue up 11% to $15.9B, beating estimates. Partnerships like OpenAI and a $138B backlog signal sustained momentum amid competition and valuation concerns. Analysts remain optimistic about Oracle’s AI-fueled trajectory.

Tesla’s 2025 Headwinds: Musk Politics, EV Slump, and Rising Rivals

Tesla faces mounting brand headwinds in 2025, driven by Elon Musk’s polarizing politics, softening EV demand, intensifying competition, and tariffs eroding sales and perception. Despite optimism for AI and robotaxi pivots, shares are down 18.66% year-to-date. Analysts urge monitoring risks as rivals gain ground.

Pandora Data Breach Exposes Customer Names, Emails via Salesforce

Danish jewelry retailer Pandora confirmed a data breach via a third-party Salesforce platform, exposing customer names, emails, and birthdates amid attacks by ShinyHunters using phishing tactics. No financial data was compromised, but risks of identity theft persist. The incident highlights vulnerabilities in cloud systems and urges stronger retail cybersecurity measures.

Perplexity AI Integrates OpenTable for Seamless Restaurant Bookings

Perplexity AI has integrated OpenTable into its chatbot, enabling users to discover restaurants and book tables via natural-language queries like “reserve Italian in San Francisco.” This streamlines dining planning with personalized, real-time options from 60,000 venues. Despite privacy and reliability challenges, it advances action-oriented AI in commerce.

Nvidia Denies Backdoors in AI Chips Amid US-China Tensions

Nvidia has denied allegations of backdoors, kill switches, or spyware in its AI chips, responding to Chinese claims and U.S. proposals for tracking mechanisms. The company warns such features would create security vulnerabilities and erode trust in American tech. This highlights escalating U.S.-China tensions over AI hardware sovereignty.

Samsung Confirms Tri-Fold Smartphone Launch in H2 2025 with XR Headset

Samsung confirmed plans for a tri-fold smartphone in its Q2 2025 earnings call, slated for H2 2025 launch alongside an XR headset. The two-hinge device unfolds into a tablet-like screen, aiming to counter Huawei’s competition and integrate AI features. This move reinforces Samsung’s dominance in innovative foldables.

Google’s USB Protection Curbs Data Transfer to Thwart Juice Jacking

Google’s upcoming USB Protection feature in its Advanced Protection Program will restrict USB data transfer to combat threats like juice jacking, enhancing security for high-risk users but potentially slowing fast charging on Android devices. This highlights the industry’s challenge in balancing rapid power delivery with robust safeguards.

Google Ads Integrates Negative Keywords into Smart Bidding AI

Google Ads now integrates negative keywords into smart bidding algorithm training, enabling AI to learn from exclusions for smarter decisions and improved ROAS. This enhances efficiency in campaigns like Performance Max but requires careful list management to avoid skewing models. Advertisers should iterate strategically for optimal results.

ReVault Vulnerability Exposes 100+ Dell Laptops to Data Theft: Patch Now

A vulnerability dubbed “ReVault” in Broadcom chips affects over 100 Dell laptop models, enabling remote data theft and persistent malware. Discovered by Cisco Talos, it exposes millions of devices to attacks. Dell has issued patches, urging users to update immediately to mitigate risks in high-stakes environments.

Apple iPhone 17 Rumors: Slimmer Air Models, 120Hz Displays, AI Boost

Apple’s iPhone 17 series, rumored for a September 2025 launch, promises slimmer “Air” models, 120Hz ProMotion displays, 24MP front cameras, 48MP telephoto lenses, A19 chips, and enhanced AI. Amid competition, these upgrades aim to boost performance and appeal. The lineup could redefine smartphone standards.

AI Startup Rillet Raises $70M Series B, Valued at $500M

AI accounting startup Rillet raised $70 million in Series B funding, led by Andreessen Horowitz and ICONIQ Capital, valuing it at $500 million and pushing total funding over $100 million. Founded by Nicolas Kopp, it disrupts ERP with AI automation for mid-market firms. This positions Rillet for rapid growth and innovation in financial operations.

Lloyd’s Appoints Hiscox Veteran Stephane Flaquet as New COO

Lloyd’s of London has appointed Stephane Flaquet, a Hiscox veteran, as its new chief operating officer effective September 1, 2025, amid executive changes. He will lead operations, technology, and the Blueprint Two modernization program to boost efficiency and resilience. This move underscores Lloyd’s commitment to navigating modern risks and disruptions.

Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit

Advertise with Us