China’s Xiaomi is planning a next-gen phone chip, but won’t release one yearly like Apple

Xiaomi launched the high-end XRing 01 chip last year and committed $7 billion of investment over the next 10 years to develop its own mobile semiconductors.

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China stays conspicuously quiet after Trump’s TikTok deal declaration

U.S. President Donald Trump says that he’s received Beijing’s nod on a deal that would see TikTok stay alive in the U.S.

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Nursery hackers threaten to publish more children’s profiles online

The criminals say they will share 30 more profiles along with 100 employees’ data if a ransom is not paid.

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Facebook and Instagram to get £2.99 UK subscription fee to stop ads

Subscriptions for user opting not to see personalised ads on its platforms will start from £2.99 a month for UK users.

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Proofpoint Exec: ‘Phishing is the Leading Cause of Breaches Globally’

During Proofpoint Protect 2025, company leaders detailed how AI is being used in phishing trends and in cyber-defense tactics.
The post Proofpoint Exec: ‘Phishing is the Leading Cause of Breaches Globally’ appeared first on TechRepublic.

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Fastly Unveils Dashboard for Tracking Its Own Sustainability

Fastly’s new dashboard helps developers track code’s carbon footprint as 77% adopt green coding, balancing AI’s energy demands with sustainability.
The post Fastly Unveils Dashboard for Tracking Its Own Sustainability appeared first on TechRepublic.

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Fintech Checkout.com’s valuation falls to $12 billion

The internal valuation of $12 billion represents a significant decline from the $40 billion assigned to Checkout.com in a 2022 funding round.

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Thousands of Indian bank transfer records found online

Security researchers found the exposed Indian bank transfer records and the data was eventually secured, but nobody wants to take responsibility for the security lapse.

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101 UK Labour MPs call to raise taxes on gambling companies to tackle child poverty

More than 100 Labour MPs in the United Kingdom have signed a letter calling on the government to raise taxes on gambling companies as a means to reduce child poverty. 
The representatives are once again showing their support for the action led by former Prime Minister Gordon Brown, who amplified proposals set by the Institute for Public Policy Research (IPPR). 
The message being sent to the Chancellor, Rachel Reeves, is that gambling taxes should be hiked as part of changes in the upcoming autumn budget.
Now, 101 Labour MPs have penned the letter, initiated by Alex Ballinger and Beccy Cooper of the All-Party Parliamentary Group on gambling reform, to address the critical social issue of child poverty. 
The signatories insist that there is a “compelling case” to introduce a “targeted levy on harmful online gambling products”, with the funds raised to end the two-child benefit cap in the UK. 
It is a policy that restricts parents from claiming child tax credit or universal credit support for more than two children.
The IPPR claims the ending cap would immediately lift 500,000 children out of poverty, right across the United Kingdom.

No child should grow up in poverty while online gambling companies make record profits – and many avoid paying VAT.
So let’s have a targeted levy on online gambling to tackle child poverty. My letter to the Chancellor with@BeccyCooper4Lab, @AlexBallingerMP and 100 Labour MPs. pic.twitter.com/OXj9z6EUNC
— Ben Coleman (@ChelFulhamBen) September 25, 2025

UK government urged to raise gambling taxes in November budget
To achieve this, the MPs are supporting calls from the IPPR to raise taxes on gambling companies, specifically on the Gross Gambling Yield (GGR). That is the surplus lifted by betting companies once returns are paid to customers.
Rachel Reeves has some tough decisions ahead, with further cuts expected in November, as well as tax increases in some areas, so many in the Labour Party feel this move makes sense.
The 101 signatories on the letter make up almost half of the total number of Labour backbench MPs, so it will put pressure on the government to act.
They take the view that gambling profits continue to rise, against the bleak situation of ongoing poverty and struggle for many ordinary people. 
Dr Beccy Cooper, the Labour MP for Worthing West and the chair of the Gambling Reform APPG, said in a statement: 
“Too many people and their families are living with the consequences of gambling harms – from financial hardship to family breakdown, damaged mental health and suicide. 
“An online gambling levy is fair, cost-neutral, and within the Chancellor’s fiscal rules. The government can show it takes both social justice and fiscal responsibility seriously by acting decisively at the Budget”.
Flutter Entertainment (owner of Paddy Power, FanDuel), Entain (Ladbrokes, BetMGM), and Bet365 are the three biggest gambling heavyweights in the UK.
Those companies and many more are represented by The Betting and Gaming Council, which slated Gordon Brown and the IPPR on their proposals. 
The body outlined that its members contribute around £6.8 billion to the economy, generating £4 billion in tax, and underpinning 109,000 jobs in the country. 
It warned that the “economically reckless” plan would push gamblers toward the underground market.
Image credit: BeccyCooper/YouTube
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Seoul police dismantle Vietnam-based illicit horse-racing gambling operation

Seoul Metropolitan Police authorities have busted an illicit gambling operation centered around horse racing, which had accrued around 170 billion won ($120.8m) in bets staked.
The illegal gambling ring was based in Vietnam, having previously switched from a site in Ilsan, Gyeonggi Province. 
The Seoul Metropolitan Police Agency’s Criminal Task Force confirmed the detention of 11 people over the operation, which streamed races using footage from the Korea Racing Authority and content from Japanese meetings. 
As part of the enterprise, the protagonists had enlisted a YouTuber with more than 20,000 subscribers to promote the operation, as well as enticing users through text messages and other means. 
Seoul Metropolitan Police detailed that the suspects had violated the Korea Racing Authority Act, which stipulates that all races must be conducted by the organization and no private gambling using official races is permitted. 
However, the office in Ho Chi Minh City was a thriving cross-border operation, raking in more than 170 billion won in wagers, using Korean race footage from November 2022 to November 2024. 

It is believed that the content was obtained from a Chinese source and used from Friday to Sunday online. On the other four days of the week, users were provided content from Japanese race meetings to bet on.
Seoul Metropolitan Police sent two of the arrested individuals directly to prosecutors, with 18 further members of a wider gambling-ring syndicate referred to law enforcement.
Earlier this month, South Korean authorities released a statement marking the repatriation of suspected ringleaders from the Phillippines in a separate, 5.3 trillion KRW ($3.8 billion) illegal casino case.
Across this most recent high-level operation, the actors are said to have handled gambling funds reaching 170 billion won, as well as deposits and withdrawals across eight different online betting platforms.
So far, the police authorities in South Korea have seized 540 million won related to the operation and requested a further 520 million in confiscations. 
A spokesperson for the Seoul Metropolitan Police emphasized that only official KRA platforms are legal for online betting and advised the public to avoid unauthorized websites.
Investigations into related networks continue, with efforts focused on preventing further leaks of official racing footage and disrupting organized crime groups exploiting regulated betting markets.
Image credit: YuKato/Unsplash
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