Visa has agreed to acquire Israeli behavioral biometrics firm BioCatch for $2.4 billion in cash, as announced on 3 August 2026, to combat AI-powered fraud such as account takeovers and digital scams b…
Leopold Aschenbrenner's Situational Awareness fund sold the bulk of its public-equity portfolio to Ken Griffin's Citadel on 30 July, following steep losses across leveraged AI positions. The sale came…
The TAIEX, Taiwan's main stock index, slumped 3.8% as AI bubble contagion spread from Korea to Taiwan, according to Disruption Banking. The market-cap weighted index, dominated by semiconductor and te…
South Korea's KOSPI index has lost 33% of its value since June and fell another 7.3% between July 27 and 28, triggering its 8th circuit breaker of the year, according to Disruption Banking. The articl…
Asian equity markets opened sharply lower Friday, with South Korea's benchmark KOSPI index tumbling more than 6% amid a renewed sell-off in semiconductor and technology stocks, according to Disruption…
Aurum Foundation, which claims to be an AI infrastructure provider, is actually a Ponzi scheme, according to an investigation by Disruption Banking that observed its recruiting calls. The foundation n…