University of Pennsylvania confirms hacker stole data during cyberattack

Penn experienced a data breach on Friday as hackers sent messages boasting of the hack to the university community.

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TASER maker Axon plunges 17% after earnings fall short due to tariff hit

The TASER maker said its connected devices business felt the biggest pinch from its first full quarter of tariff impacts.

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Fintech Ripple gets $40 billion valuation after $500 million funding

Ripple has pushed into other lines of business including custody of crypto assets, prime brokerage and corporate treasury management.

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Google gets the US government’s green light to acquire Wiz for $32B

Google announced its intent to acquire cloud security company Wiz in March and the deal is now on track to close in early 2026.

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Epic Games CEO calls Google’s antitrust settlement a win for Android’s ‘vision as an open platform’

The companies on Tuesday reached a settlement that sees the search giant agreeing to Android app store reforms that include lowering fees and enabling more competition.

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How Chinese EV makers are winning in Brazil

China automakers have turned to emerging markets like Brazil to offload their massive supply. Brands including BYD now make up over 80% of EV sales in Brazil.

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Lyft, United Airlines launch loyalty program months after Delta partnership ends

Earlier this year, Lyft dissolved its eight-year partnership with Delta Airlines and brought its loyalty program to ride-hailing competitor Uber.

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Ripple Craves Crypto Custody Momentum with Palisade Acquisition

By merging Ripple’s “bank-grade vault” with Palisade’s wallet, Ripple aims to provide an end-to-end institutional infrastructure.
The post Ripple Craves Crypto Custody Momentum with Palisade Acquisition appeared first on TechRepublic.

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Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Amazon upheaval: With morale shaken, Jassy looks for next big play after mass layoffs

Amazon CEO Andy Jassy has been overhauling the company’s corporate culture in recent years, and went even further last week, announcing 14,000 layoffs.

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