European authorities arrest alleged admin of notorious Russian crime forum XSS

European officials have confirmed the arrest of the alleged administrator behind XSS.is, one of the longest-running Russian-language cybercrime forums.  Per Europol, the alleged administrator was arrested in Ukraine on Tuesday. A law enforcement notice on XSS now reads: “This domain has been seized.” According to a statement by prosecutors in Paris, French authorities obtained a…

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YouTube sees a rise in ad revenue to reach nearly $10B

YouTube continues to lead in the streaming market, with advertising revenue increasing by 13% year over year, according to Alphabet, Google’s parent company, in its second-quarter earnings report released on Wednesday. This growth brings YouTube’s total ad revenue to $9.8 billion, up from $8.7 billion in the same period last year. The company slightly exceeded…

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Meta researchers are developing a gesture-controlled wristband that can interact with a computer

Meta researchers are developing a wristband that lets people control a computer using hand gestures. This includes moving a cursor, opening apps, and sending messages by writing in the air as if using a pencil.  Meta’s wristband employs a technique called surface electromyography (sEMG), which detects electrical signals generated by muscle activity to interpret user…

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India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

India’s financial crime watchdog has filed a complaint against Walmart-backed fashion e-commerce giant Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme that disguised retail operations as wholesale trade. This complaint marks the latest move in a broader crackdown by Indian authorities, which previously targeted Amazon and…

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