US Treasury sued for sharing private financial data with Musk’s DOGE

The US Treasury is facing a lawsuit over claims it unlawfully granted Elon Musk’s Department of Government Efficiency (DOGE) access to millions of Americans’ financial and personal data. The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) filed the lawsuit in Washington, DC, accusing the Treasury and Secretary Scott Bessent of illegally sharing sensitive information.

The lawsuit follows concerns raised by US Senator Ron Wyden, who alleged that DOGE had full access to the Treasury’s payments system, which includes names, Social Security numbers, bank account details, and other private data. Prominent Democrats, including Senate leader Chuck Schumer and Senator Elizabeth Warren, have condemned the move, arguing that DOGE lacks any legal authority over federal spending or data access.

Schumer has pledged to introduce legislation to prevent further interference, stating that DOGE is not a legitimate government agency. Warren warned that the system is now “at the mercy of Elon Musk,” raising fears over potential misuse of financial records. The Treasury and DOGE have yet to respond to the allegations.

German authorities on alert for election disinformation

With Germany’s parliamentary elections just weeks away, lawmakers are warning that authoritarian states, including Russia, are intensifying disinformation efforts to destabilise the country. Authorities are particularly concerned about a Russian campaign, known as Doppelgänger, which has been active since 2022 and aims to undermine Western support for Ukraine. The campaign has been linked to fake social media accounts and misleading content in Germany, France, and the US.

CSU MP Thomas Erndl confirmed that Russia is attempting to influence European elections, including in Germany. He argued that disinformation campaigns are contributing to the rise of right-wing populist parties, such as the AfD, by sowing distrust in state institutions and painting foreigners and refugees as a problem. Erndl emphasised the need for improved defences, including modern technologies like AI to detect disinformation, and greater public awareness and education.

The German Foreign Ministry recently reported the identification of over 50,000 fake X accounts associated with the Doppelgänger campaign. These accounts mimic credible news outlets like Der Spiegel and Welt to spread fabricated articles, amplifying propaganda. Lawmakers stress the need for stronger cooperation within Europe and better tools for intelligence agencies to combat these threats, even suggesting that a shift in focus from privacy to security may be necessary to tackle the issue effectively.

Greens MP Konstantin von Notz highlighted the security risks posed by disinformation campaigns, warning that authoritarian regimes like Russia and China are targeting democratic societies, including Germany. He called for stricter regulation of online platforms, stronger counterintelligence efforts, and increased media literacy to bolster social resilience. As the election date approaches, lawmakers urge both government agencies and the public to remain vigilant against the growing threat of foreign interference.

EU plans stricter rules for online platforms selling goods

The European Union is preparing to introduce new regulations that would hold e-commerce platforms such as Temu, Shein, and Amazon Marketplace accountable for illegal or unsafe products sold online. Under the proposed customs reforms, online retailers will be required to provide data before goods arrive in the EU, allowing officials to inspect and monitor shipments more effectively.

Currently, consumers purchasing goods online are considered the official importers for customs purposes. The proposed changes would shift this responsibility to online platforms, making them liable for ensuring compliance with EU safety standards, as well as collecting duty and VAT. The reforms also include the creation of a central EU customs authority (EUCA) to oversee inspections and identify risks before shipments enter the bloc.

The draft proposal aims to improve consumer safety and close regulatory gaps in online commerce. E-commerce giants have not yet responded to the proposed changes, which could have significant financial and operational implications for their businesses.

Australia’s social media laws face criticism over YouTube exemption

Australia’s government recently passed laws banning social media access for children under 16, targeting platforms like TikTok, Snapchat, Instagram, Facebook, and X. However, YouTube was granted an exemption, with the government arguing that it serves as a valuable educational tool and is not a ‘core social media application.’ That decision followed input from company executives and educational content creators, who argued that YouTube is essential for learning and information-sharing. While the government claims broad community support for the exemption, some experts believe this undermines the goal of protecting children from harmful online content.

Mental health and extremism experts have raised concerns that YouTube exposes young users to dangerous material, including violent, extremist, and addictive content. Despite being exempted from the ban, YouTube has been criticised for its algorithm, which researchers say can promote far-right ideologies, misogyny, and conspiracy theories to minors. Studies conducted by academics have shown that the platform delivers problematic content within minutes of search queries, including harmful videos on topics like sex, COVID-19, and European history.

To test these claims, Reuters created child accounts and found that searches led to content promoting extremism and hate speech. Although YouTube removed some flagged videos, others remain on the platform. YouTube stated that it is actively working to improve its content moderation systems and that it has removed content violating its policies. However, critics argue that the platform’s algorithm still allows harmful content to thrive, especially among younger users.

US takes legal action against HPE’s Juniper acquisition

Hewlett Packard Enterprise’s planned $14 billion acquisition of Juniper Networks faces a legal challenge from the US Department of Justice. Officials argue the deal would harm competition by leaving just two major players—HPE and Cisco—controlling over 70% of the US networking equipment market.

HPE had announced the all-cash acquisition over a year ago, aiming to strengthen its AI capabilities. Both companies defended the deal, saying their networking solutions complement each other and would enhance competition against global rivals. They criticised the DOJ’s market definition, calling it outdated.

Regulators noted that Juniper’s innovations forced HPE to lower prices and invest in new technology under its ‘Beat Mist’ campaign. Eliminating this competition, they claim, would reduce incentives for innovation and cost savings in the industry.

Legal proceedings could take up to eight months, with an October deadline for completion. Authorities in the UK and European Union have already approved the deal.

Trump and Nvidia CEO met to discuss DeepSeek and AI chip export

In a meeting at the White House on Friday, US President Donald Trump and Nvidia CEO Jensen Huang discussed the emerging challenges posed by China’s AI advancements, particularly the rapid rise of DeepSeek, a Chinese AI company that has disrupted the global tech industry. The conversation focused on strengthening US leadership in AI technology and tightening restrictions on exporting advanced AI chips to China. While President Trump did not disclose specific details, he described the meeting as ‘good’ and praised Huang as a ‘gentleman.’

DeepSeek has recently sent shockwaves through the tech world by introducing an AI model that matches the performance of leading US technologies but at a fraction of the cost. Its launch has raised concerns about China’s ability to close the gap in AI development with the US. Within days of its debut, DeepSeek became the most downloaded app in Apple’s App Store, and its emergence wiped approximately $1 trillion off the market value of US tech stocks, including a 17% plunge in Nvidia shares. The development has reignited fears that China could challenge the United States’ dominance in AI.

As part of the US response, Trump’s administration is considering further restrictions on Nvidia’s H20 chips, designed for the Chinese market. These chips, capable of powering AI software, were specifically developed to comply with previous export limits imposed by the Biden administration. However, the Trump administration aims to tighten the rules further to ensure advanced computing power stays within US borders and allied nations. Discussions among Trump officials about restricting the shipments of these chips are in the early stages, but they reflect a growing bipartisan concern about maintaining technological supremacy over China.

The president’s meeting with Nvidia’s CEO highlighted a potential opportunity for US tech companies. According to a source familiar with the discussions, Trump views DeepSeek’s ability to produce low-cost AI models as a wake-up call, suggesting that American firms could adopt more cost-efficient strategies to compete without massive spending. The administration sees this as a chance to recalibrate the US AI innovation and leadership approach.

Lawmakers on both sides of the aisle have echoed calls for tighter controls. Republican John Moolenaar and Democrat Raja Krishnamoorthi, co-leads of the House Select Committee on China, urged the Commerce and State Departments to review US export controls in light of China’s advancements. Their concerns are amplified by reports suggesting that DeepSeek may have used restricted US chips in its operations, prompting an investigation by the Commerce Department.

The US government has long relied on export controls to maintain its technological edge, but DeepSeek’s rise has exposed vulnerabilities in this strategy. As the US grapples with its response, the battle for AI dominance will be a defining feature of US-China relations in the years ahead. The outcome will impact the global technology landscape and influence geopolitical dynamics in an increasingly interconnected world.

India removes import duties to boost mobile phone production

India has scrapped import duties on key mobile phone components to support local manufacturing, Finance Minister Nirmala Sitharaman announced in the annual budget. The move benefits major firms such as Apple and Xiaomi and is expected to strengthen India‘s position as a global smartphone manufacturing hub. The country has more than doubled its electronics production in six years, reaching $115 billion in 2024, making it the world’s second-largest mobile phone producer.

Key components such as printed circuit board assemblies, camera module parts, and USB cables, which previously faced a 2.5% tax, are now exempt from import duties. The cuts aim to enhance India’s competitiveness against China and Vietnam in the smartphone export market. The Indian IT ministry had previously warned that maintaining high tariffs could cause India to fall behind in the race to attract global companies.

Sitharaman’s budget follows a broader review of India’s customs duty structure to simplify trade and remove tariff inconsistencies. With global trade uncertainty driven by United States President Donald Trump’s tariff policies, India is positioning itself to capitalise on shifts in global supply chains. Experts believe that a more efficient tariff system will encourage further investment in local production and exports.

DeepSeek’s use of Nvidia chips raises security concerns in Washington

Pressure is mounting on the Trump administration to impose stricter export controls on Nvidia’s AI chips following concerns over China’s DeepSeek. A bipartisan call from lawmakers John Moolenaar and Raja Krishnamoorthi urges officials to assess the national security risks linked to the firm’s reliance on advanced US technology.

A letter addressed to National Security Advisor Michael Waltz highlights that DeepSeek’s latest AI model has extensively used Nvidia’s H20 chips, which remain outside current export restrictions. The request forms part of a wider review into US export policies in response to strategic threats.

Concerns in Washington are growing over China’s rapid AI advancements, with the US House of Representatives warning against using DeepSeek’s technology. Officials fear AI could bolster cyber threats or facilitate bioweapons development, leading to increasing efforts to limit China’s access to cutting-edge chips.

Nvidia has stated that its products fully comply with US regulations and expressed willingness to work with authorities. Reports indicate that Trump’s administration is already considering new restrictions on H20 chip exports to China as part of its evolving AI security strategy.

FBI and Europol target cybercrime networks in global crackdown

A global law enforcement operation has shut down a series of cybercrime websites used for selling stolen data, pirated software, and hacking tools. The FBI and Europol coordinated the takedown as part of ‘Operation Talent’, targeting platforms associated with Cracked, Nulled, StarkRDP, Sellix, and MySellix.

Seizure notices appeared on the affected websites, and officials confirmed that information on customers and victims had also been obtained. Europol stated that further details would be released within 24 hours, while the FBI has not yet commented on the operation.

Reports suggest that the targeted sites played various roles in the cybercrime ecosystem, facilitating the trade of stolen login credentials, compromised credit card details, and video game cheats. A message in a Cracked Telegram channel acknowledged the seizure, with administrators expressing uncertainty over the next steps.

Authorities continue to investigate, with the crackdown highlighting ongoing efforts to disrupt cybercriminal networks. More updates are expected as officials analyse the seized data and determine potential follow-up actions.

Binance faces new investigation in France over alleged crimes

French prosecutors have launched a new investigation into Binance, marking the second time authorities have scrutinised the crypto exchange. The probe includes allegations of drug trafficking, money laundering, and tax evasion, with possible additional charges yet to be disclosed. This follows an earlier inquiry in 2023 over suspected financial crimes linked to the platform.

Regulators worldwide have tightened their grip on cryptocurrency firms after the collapse of FTX and other high-profile failures. Binance has faced mounting legal challenges, including a record $4.3 billion settlement with US authorities. Despite leadership changes, including the resignation of founder Changpeng Zhao, the company remains under regulatory pressure.

As Binance navigates legal battles across multiple jurisdictions, its future in key markets remains uncertain. The latest investigation in France adds to the exchange’s ongoing struggles, reinforcing the global crackdown on crypto platforms accused of financial misconduct.