Search results for Presto
Telecommunications & Media
Apple to expand use of Presto to check returned iPhones without opening boxes
Apple is pushing a plan to inspect iPhones returned in sealed condition without opening the packaging. It is considering using its existing Presto iOS update equipment to diagnose the condition of returned devices. Store staff currently must open boxes before issuing refunds to confirm devices work and to deter theft or parts swapping. Apple is seeking to reduce time and costs by expanding the use of existing equipment, but has not disclosed timing or scope.
Crypto
Bitcoin nears $80,000 threshold as Treasury buybacks fuel rally
Bitcoin extended a rally toward $80,000 after gains tied to U.S. regulatory moves, a White House crypto summit and plans to expand long-term Treasury buybacks. XRP posted sharp weekly gains and broke a long-term downtrend line, while officials at the summit said an era of enforcement-focused regulation had ended. Market warnings persisted amid heavy short liquidations. In South Korea, Upbit and Bithumb saw surging volumes led by XRP.
AI & Enterprise
ECB urgently calls euro zone banks to discuss \'Mythos shock\'
The European Central Bank has urgently convened euro zone banks to review cyber risks triggered by Anthropic\'s advanced AI model Claude Mythos. A meeting on May 26 will focus on how quickly banks apply security patches and how they respond to AI-driven attacks. ECB supervisory board vice chair Frank Elderson said attackers can now reverse-engineer patch contents within 30 minutes, requiring faster deployment and operations.
