The founder of Scholly sold his scholarship app to Sallie Mae. He says they fired him for asking why they were selling students’ data.
The founder of Scholly sold his scholarship app to Sallie Mae. He says they fired him for asking why they were selling students’ data.

Christopher Gray built Scholly to help students like himself find scholarships. He grew up in Birmingham, Alabama, became the first in his family to attend college after winning $1.3 million in scholarships to Drexel University, and turned that experie…

Oracle needed the world’s biggest bond fund to finance the world’s biggest data centre
Oracle needed the world’s biggest bond fund to finance the world’s biggest data centre

In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored roughly $10 billion of the bond tranche because US banks …

UK Biobank’s 500,000 genomes were listed for sale on Alibaba. The breach came from inside the system.
UK Biobank’s 500,000 genomes were listed for sale on Alibaba. The breach came from inside the system.

Summary: Genetic, medical, and lifestyle data from all 500,000 UK Biobank volunteers was listed for sale on Alibaba after three Chinese research institutions with legitimate access violated their data-sharing agreements. The data was de-identified but …

Belfast’s Cloudsmith raises $72M Series C to secure the AI-generated software supply chain
Belfast’s Cloudsmith raises $72M Series C to secure the AI-generated software supply chain

TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also returns. The thesis: AI coding agents are generating software so fast and at such volume that human code review is no longer sufficient, and enterprise artifa…

Basic-Fit hit by hack affecting members across multiple countries, including 200,000 in the Netherlands
Basic-Fit hit by hack affecting members across multiple countries, including 200,000 in the Netherlands

The breach exposed names, addresses, email addresses, phone numbers, dates of birth, and bank account details. No passwords or identity documents were accessed. The Dutch Data Protection Authority has been notified. Basic-Fit operates over 1,300 clubs …

Why data quality matters when working with data at scale
Why data quality matters when working with data at scale

Data quality has always been an afterthought. Teams spend months instrumenting a feature, building pipelines, and standing up dashboards, and only when a stakeholder flags a suspicious number does anyone ask whether the underlying data is actually corr…

Paladin acquires ICT in €60M push to dominate European ITAD
Paladin acquires ICT in €60M push to dominate European ITAD

In short: Paladin EnviroTech has acquired ICT, Ireland’s first R2v3-certified ITAD provider, completing a $70 million, nine-month acquisition spree that now spans the U.S., Netherlands, and Ireland, positioning the company to handle the growing wave of…

Nvidia-backed Firmus targets $2bn ASX IPO after locking in $505m equity and $10bn Blackstone debt for its AI factory network
Nvidia-backed Firmus targets $2bn ASX IPO after locking in $505m equity and $10bn Blackstone debt for its AI factory network

In short: Australian AI data centre company Firmus has raised $505m at a $5.5bn valuation in what it says is its final pre-IPO round, and is now targeting a $2bn listing on the ASX in June or July, backed by a $10bn Blackstone-led debt facility secured…

Meta freezes AI data work after breach puts training secrets at risk
Meta freezes AI data work after breach puts training secrets at risk

In short: Meta has suspended its collaboration with Mercor, a $10 billion AI data startup, after a supply chain attack exposed what may be the AI industry’s most closely guarded secrets: not just personal data, but the training methodologies that power…

WhatsApp just caught an Italian spyware firm building a fake version of its app for iPhones
WhatsApp just caught an Italian spyware firm building a fake version of its app for iPhones

WhatsApp has notified approximately 200 users, primarily in Italy, that they were tricked into installing a counterfeit version of the messaging app that was actually government spyware. The fake application was built by SIO, an Italian surveillance te…