The Latest Breaking News from International Business Times

Critical FortiSandbox Exploits Threaten Enterprise Security Trust Chains

CISA warns of active exploitation of critical FortiSandbox root-access flaws. Federal agencies ordered to patch or isolate systems by July 19.

International Business Times · Jul 18

Report Says Google's AI Overview Poses Risk To Children. And Parents Can't Switch It Off

Google's AI Overviews failed child safety tests and pose an "unacceptable risk" to children, according to a nonprofit organization that evaluates AI products.

International Business Times · Jul 18

Iraq And Syria Have Signed A Deal To Restore A Major Oil Pipeline. It Would Create An Alternative To The Strait Of Hormuz.

The proposed project would restore the pipeline connecting the oil-rich city of Kirkuk in northern Iraq with Syria's Mediterranean coast.

International Business Times · Jul 18

The Great Wealth Transfer Has Been Pegged at $105 Trillion. One Study Says That's an Overestimation

A new report estimates that $36 trillion in baby boomer wealth will be transferred to Generation X and millennials over the next 20 years.

International Business Times · Jul 17

BP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran's Energy Influence.

ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk Limited, expanding its footprint in northern Iraq at a time when the United States and Iraq are working to strengthen energy ties and reduce the region's dependence on routes vulnerable to disruption.

International Business Times · Jul 17

Meta May Have Found A New AI Business. Anthropic Is Reportedly Considering Paying Up To $10 Billion For Computing Power.

Meta Platforms is in talks to lease computing power from its artificial intelligence data centers to Anthropic in a deal that could be worth as much as $10 billion over two years, according to a new report.

International Business Times · Jul 17

Short Sellers Target SpaceX Stock While Its Investment-Grade Debt Trades Like Junk Bonds

SpaceX has raised tens of billions from investors, but its plans for AI infrastructure, Starlink expansion and advanced manufacturing could require over $200 billion over the next decade.

International Business Times · Jul 17

SpaceX's Stock Has Fallen Below Its IPO Price. Now It Has 'Dampened the Mood' For Other IPOs

Shares of Elon Musk's rocket and satellite company traded near $126 on Friday, about 7% below their $135 IPO price and more than 40% below their all-time intraday high of $225.64.

International Business Times · Jul 17

Stocks Fell Again Dragged By Chipmakers and U.S.-Iran Tensions, Wall Street Capped a Weekly Decline

Stocks fell on Friday and capped a negative week as chipmakers continue to drop.

International Business Times · Jul 17

Jefferson Davydd on Why Growth Sports Properties Are the Next Great Asset Class

According to sports business advisor Jefferson Dafydd, the next wave of value in sports won't come from buying at the top. It will come from building earlier. Before the valuations peak. Before the structure is fully formed. Before the market agrees on what the asset is worth.

International Business Times · Jul 17