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On Monday, the United States and China reached an agreement to slash sky-high tariffs for 90 days. Though both sides claimed they could withstand a long trade war, they reached a truce quicker than many analysts expected. The breakthrough marked a dramatic ratcheting down of trade tensions following the tariff war launched by US President Donald Trump during his “liberation day” announcement on April 2. Trump initially unveiled so-called reciprocal tariffs on dozens of countries before pausing them just one week later. China, however, did not get off the hook and Beijing soon retaliated with tariffs of its own. Tit-for-tat exchanges…

The Brother Lode: Billionaires Joesley (left) and Wesley Batista are the top shareholders of JBS, the world’s largest meatpacker, which the SEC recently greenlit to be listed on the NYSE.EVARISTO SA/AFP/Getty Images Joesley and Wesley Batista, the billionaire brothers behind JBS, went to jail after paying off more than 1,800 politicians in their native Brazil and have struggled to launch a public offering in the U.S. But after one of their companies donated $5 million to Donald Trump’s second inaugural, their SEC troubles miraculously disappeared. After a decade-long beef with the Securities and Exchange Commission as well as bipartisan opposition…

The UK FCA has unveiled a five-year strategy designed to crack down on market abuse, strengthen financial crime enforcement, and promote economic resilience.According to ACA Group, this latest roadmap, announced on 29 April 2025 by Therese Chambers, joint executive director of enforcement and market oversight, sets out a mission to become a more transparent and effective regulator.In her speech, Chambers made it clear that the fight against market abuse sits at the core of the FCA’s broader goals. “Our work on market abuse is a critical part of all areas of that strategy,” she said. The regulator will follow a…

Enterprises want access to new software and AI tools but can’t risk sending their sensitive data out to a third-party software-as-a-service (SaaS) providers. Tensor9 looks to help software companies land more enterprise customers by helping them deploy their software directly into a customer’s tech stack. Tensor9 converts a software vendor’s code into the format needed to deploy into their customer’s tech environment. Tensor9 then makes a digital twin of the deployed software, or a miniaturized model of the deployed software’s infrastructure, so Tensor9’s customers can monitor how the software is working in their customer’s environment. Tensor9 can help companies deploy…

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said acquiring Neon’s tech would let it combine the startup’s serverless relational database management system with its own data intelligence services to let its customers deploy AI agents more efficiently. Founded in 2021 by CEO Nikita Shamgunov and software engineers Heikki Linnakangas and Stas Kelvich, Neon offers a managed cloud-based database platform (with free and usage-based paid plans) that lets developers clone databases and preview changes before they go to…

A Kosovo citizen extradited to the US has appeared in a federal court in Tampa this week, facing charges related to his role in operating a cybercrime marketplace. The man, Liridon Masurica, 33, of Gjilan, Kosovo, known online as ‘@blackdb’ was arrested on December 12, 2024, by Kosovo authorities. Roughly a week before his arrest, Masurica was charged in the US with one count of access device fraud conspiracy and five counts of fraudulent use of unauthorized access devices. He was extradited to the US on May 9 and made his first appearance in court on May 12. He will…

The EU cybersecurity agency ENISA on Tuesday announced the official launch of the European Vulnerability Database, or EUVD. Industry professionals believe the EUVD can be a useful resource, but the agency needs to ensure it stays relevant. The EUVD is mandated by the NIS2 Directive, the EU baseline framework for cybersecurity risk management and incident reporting. The database aims to provide “aggregated, reliable, and actionable information”, including exploitation status and mitigation measures, on vulnerabilities affecting IT, OT and IoT products. The database is accessible for free to anyone. It includes information sourced from vendors, incident response teams, and other vulnerability…

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners and Prosperity7 also participated in the round. It’s a precarious time for data center projects. Tariff-related price hikes on components like server racks and chips could contribute to overall data center build costs increasing by 5% to 15%, per an analysis by TD Cowen. Investors are…

Juniper Networks, VMware, and Zoom have published a total of ten security advisories describing dozens of vulnerabilities patched across their product portfolios. Juniper on Tuesday announced fixes for nearly 90 bugs in third-party dependencies in Secure Analytics, the virtual appliance that collects security events from network devices, endpoints, and applications. Patches for these issues, most of which were disclosed last year, were included in Secure Analytics version 7.5.0 UP11 IF03. Some of the flaws are dated 2016, 2019, and 2020, and three of them are rated ‘critical severity’. VMware published two advisories dealing with a high-severity XSS defect in the…

Fortinet on Tuesday announced patches for a dozen vulnerabilities across its product portfolio, including a critical zero-day bug exploited in the wild against FortiVoice phone system appliances. The exploited flaw, tracked as CVE-2025-32756 (CVSS score of 9.6), is described as a stack-based overflow defect that allows unauthenticated, remote attackers to execute arbitrary code or commands using crafted HTTP requests. “Fortinet has observed this to be exploited in the wild on FortiVoice,” the company notes in its advisory. As part of the observed attacks, threat actors scanned the device network, erased system crashlogs, and then enabled fcgi debugging to log system…