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AI & Enterprise

Fortinet firewall and VPN hit in large-scale breach, stolen passwords abused

Tens of thousands of Fortinet firewalls and VPNs were hacked, TechCrunch reported on June 17, citing Hudson Rock and SOCRadar. The attack did not exploit an unknown new vulnerability, but relied on companies failing to change firewall passwords or check whether sensitive internet-exposed credentials had already been leaked. Hudson Rock said more than 73,000 unique Fortinet URLs were compromised, while SOCRadar estimated more than 30,000 affected devices.

AI & Enterprise

Schneider Electric, Foxconn to co-develop AI data centre infrastructure

Foxconn and Schneider Electric will jointly develop infrastructure for AI data centres, with production of co-developed products set to begin this year. Foxconn will handle AI system hardware manufacturing, while Schneider Electric will be responsible for data centre power supply, cooling and energy management. The companies also plan to jointly develop AI data centre standard designs applicable worldwide and study technologies to optimise energy use for AI workloads.

AI & Enterprise

Asia tech stocks rally on U.S.-Iran war-end deal, SoftBank jumps 12 percent

Asian technology shares rose on June 15 after reports that Iran and the United States reached an agreement to end conflict in the Middle East. Investors saw easing regional tensions as a signal to increase appetite for risk assets, focusing buying on semiconductor and artificial intelligence-related stocks. SoftBank Group climbed more than 12 percent intraday. Semiconductor names in Japan, South Korea and Taiwan also advanced.