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Sorry PwC interns, your end-of-summer trip to Disney World is canceled 0
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- August 7, 2026
PwC has canceled the signature finale to its summer internship program: a multi-day trip to Disney World. Managers at the Big Four firm told members of its 2026 summer intern class they wouldn’t be ending their internships with a trip to Orlando, according to three PwC interns who spoke to Business Insider. PwC confirmed that
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Google says hackers are calling financial firm employees to hack and extort victims | TechCrunch 0
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- August 6, 2026
Even in the age of AI-powered autonomous cyberattacks, the crude, tried and tested hacking techniques of tricking victims into doing things they shouldn’t are still producing great results. Groups of unknown hackers are targeting and breaking into large financial and investment firms in the United States with the goal of stealing sensitive data to extort
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Quant hedge funds were winners in a chaotic July 0
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- August 6, 2026
Last month, the machines won. Quantitative hedge funds had a strong July, highlighted by several big algorithm-driven names that avoided the pain their human-run peers suffered last month. At Renaissance Technologies, its largest external fund — known as Renaissance Institutional Equities — was up 9.2% in July, more than making up for losses over the
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EasyJet agrees to £5.7bn takeover by US firm 0
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- August 6, 2026
EasyJet has agreed to be taken over in a £5.7bn deal by US firm Apollo. The deal was announced after rival suitor Castlelake said it was dropping out of the bid battle for the no-frills airline. EasyJet is one of Europe’s largest airlines. It employs more than 19,000 people, and flies around 1,200 routes across
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Meta says AI model accessed the internet and hacked another firm 0
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- August 6, 2026
Facebook owner Meta says an error during an evaluation by an independent testing company allowed one of its artificial intelligence (AI) models to connect to the internet and hack another organisation’s system. The announcement follows recent incidents across the AI industry, including breaches by OpenAI and Anthropic models, that have raised cyber-security concerns. A Meta
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A subsidiary of Southeast Asia’s largest tech firm is looking to build a ‘regional digital banking group’ out of Singapore | Fortune 0
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- August 3, 2026
One in three Singaporean business owners still use their personal bank accounts for their company banking needs, trying to escape high transaction fees, according to a survey from MariBank, a digital bank owned by Southeast Asian tech firm Sea. That creates tax and legal headaches, as business owners find it difficult to deduce their legitimate
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