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businessFriday, June 26, 2026

Europe becomes ransomware's favorite target

Ransomware gangs have found a new home in Europe, with attacks up 55% in early 2026. Meanwhile, the AI boom's power problem deepens, and Meta's internal culture is in crisis.

Sources

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Ransomware shifts to Europe

After a global lull, ransomware is back with a vengeance, and it's targeting Europe.

#01www.darkreading.comJun 26

Europe Evolves Into Ransomware's Favorite Region

Europe saw 684 ransomware attacks in the first four months of 2026, a 55% increase over 2025. Ransomware-as-a-service gangs are shifting focus to European organizations and their supply chains.

6 min readRead original

AI's power problem

The AI boom is hitting a wall that isn't about chips or algorithms.

#02oilprice.comJun 26

The $7 Trillion AI Boom Is Running Out of Power

The most scarce resource in the AI revolution is electricity, not chips. Tech giants are in a global land rush for energy, competing with cities and manufacturers for grid connections.

#03www.autonocion.comJun 26

A US startup wants to drop a full nuclear reactor a mile down a 30-inch hole and let the water above it supply the pressure while billions of tons of rock replace the containment dome. One hole would make 15 megawatts; 100 on one site would add up to 1.5

Startup Deep Fission proposes burying a nuclear reactor a mile underground in a 30-inch hole, using rock and water pressure instead of a containment dome. Each hole would generate 15 megawatts.

Tech culture and labor

Two stories about the human cost of tech's current trajectory.

#04www.businessinsider.comJun 26

Meta's reckoning has arrived

Meta is facing a severe crisis of employee trust and morale after years of cost-cutting and layoffs. The company's leaders are now acknowledging the internal collapse.

#05moneywise.comJun 26

‘I’m really sad’: Maryland Apple Store employees were the first to unionize in America. Now its doors are closed, and dozens are without a job

Apple closed its unionized store in Towson, Maryland, along with two others. Union organizers allege retaliation; Apple cites business reasons.

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What Trump's refusal to sign bipartisan housing bill into law means to homebuyers and renters | AP Newsapnews.com
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Anthropic says Alibaba used 25,000 fake accounts to query Claude 28.8 million times and train Qwen off the resultswww.tweaktown.com
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Reliability fail: No automated zone failover for Coinbase’s global trading serviceblog.pragmaticengineer.com
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iPhone user? This Prime Day Pixel deal will convince you to switch to Androidwww.androidcentral.com
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