Author: precious

I’m Precious Amusat, Phronews’ Content Writer. I conduct in-depth research and write on the latest developments in the tech industry, including trends in big tech, startups, cybersecurity, artificial intelligence and their global impacts. When I’m off the clock, you’ll find me cheering on women’s footy, curled up with a romance novel, or binge-watching crime thrillers.

In the wake of President Trump’s recent tariff imposition, the tech industry has now been tasked with readying itself for a steep surge in gadget prices. Following the imposition of a 20% tariff on Chinese imports in February, the new announcement of a staggering 34% tariff, has culminated into a total of 54% on various products, including everyday gadgets and other electronics. This new tariff policy under the U.S. President Trump’s administration is set to severely affect a wider range of electronic devices — from smartphones and laptops to smart appliances and wearable tech such as over-the-counter hearing aids. In…

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Australia’s largest and leading bank Commonwealth Bank of Australia (CMB) also known as CommBank has established a Tech Hub in Seattle, Washington (USA). CommBank has grown to be the leading provider of integrated financial services to over 16 million retail, business, and institutional customers across Australia, according to the World Economic Forum (WEF).  As such, this dedicated movement into the U.S. – despite the recent 25% tariff imposition placed on Australian Imports by President Trump – signals the need for advancement in Australian technology where CBM teams will be equipped with the cutting-edge skills they need to stay afloat in…

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Signal, a messaging platform, has now found itself under the rubble of the U.S. government scandal of launching drone strikes on Yemen, leading to a surge in the app downloads. Launched in 2014, Signal was created by Matthew Rosenfeld better known by his pseudonym Moxy Marlin Spike, where he merged two open-source apps, one for texting and the other for video calls. Signal, existing on an open-source code that is free for people to use and modify, is also a non-profit app. It is an encrypted messaging platform that allows for instant messaging, voice calls, and video calls. Communications that…

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The Federal Bureau of Investigation (FBI) announced in a press release a new type of scam that involves threat actors using free online document converters to stealthily install malware into their victims’ computers or smartphones, leading to a theft of sensitive information and exploits such as ransomware. The FBI says, “In this scenario, criminals use free online document converter tools to load malware onto victims’ computers, leading to incidents such as ransomware.” “To conduct this scheme, cyber criminals across the globe are using any type of free document converter or downloader tool. This might be a website claiming to convert…

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Two NASA astronauts splashed down in the Gulf of America, off the coast of Tallahassee in Florida, after spending over nine months stranded in space, according to Sky News. Butch Wilmore and Suni Williams’ journey, alongside two other astronauts from the International Space Station (ISS) in a SpaceX capsule named “Freedom,” took a harrowing 17 hours, ending a marathon of over nine months stuck in space. The pair’s stay at the ISS, which was only supposed to last for 8 days, unexpectedly took a wild turn. They experienced a technical problem with the spacecraft they arrived on, leading to an…

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Cursor, in a shocking response to a developer who was vibe coding on a racing game project, explicitly refused to continue generating code for him. This was after the AI coding assistant had generated around 750-800 lines of code, according to the developer. “I cannot generate code for you, as that would be completing your work,” the AI coding editor declared. “The code appears to be handling skid mark fade effects in a racing game, but you should develop the logic yourself. This ensures you understand the system and can maintain it properly.” Backing up its statement, the AI coding…

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The world’s biggest digital currency, Bitcoin, dropped by 9.52%, falling back to $83k and losing all the gains it had managed to accrue during a brief surge over the weekend. The surge which allowed the cryptocurrency to hit over $94k was as a result of the excitement over the creation of a U.S. Crypto Strategic Reserve, which was driven and proposed by the U.S. President Donald Trump. But the exhilaration quickly led to a combination of skepticism and new geopolitical tensions that caused the market to pull back, leading to a drop. This comes two days after President Trump announced…

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Tesla has now lost all the gains it accrued since Donald Trump’s November inauguration as U.S. President. In a staggering stock sell-off on Monday, Tesla’s market value crashed by 15%, wiping out $127 billion in a single day. The crash pushed Tesla’s total losses for 2025 to over 40%, underscoring deeper troubles for the electric vehicle (EV) maker, as well as a growing competition in the Chinese EV market. Since its peak at $479.86 on December 17, Tesla shares have lost more than 50% of their value, where over $800 billion was wiped out in its market capitalisation. China EV…

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Tesla has now lost all the gains it accrued since Donald Trump’s November re-election as the U.S. President. In a staggering stock sell-off on Monday, Tesla’s market value crashed by 15%, wiping out $127 billion in a single day. The crash pushed Tesla’s total losses for 2025 to over 40%, underscoring deeper troubles for the Electric Vehicle (EV) maker, as well as a growing competition in the Chinese EV market. Since its peak at $479.86 on December 17, Tesla shares have lost more than 50% of their value, where over $800 billion was wiped out in its market capitalisation. China…

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The U.S. Department of Justice has indicted 12 Chinese-backed hackers who initiated several cyberattacks against large corporations in the country, including the U.S. Treasury Cyberattack. The Treasury cyberattack was announced via a letter from the DOJ, confirming there was unauthorized access to unclassified documents in the U.S. Treasury Departmental Offices.  The cyberattack was as a result of the exploitation of two pairs of vulnerabilities (CVE-2024-12356 and CVE-2024-12686) in a third-party software provided by BeyondTrust, a third-party SaaS (Software-as-a-Service) and a Cybersecurity firm, offering services including but not limited to Identity Security Platform, Privileged Access Management (PAM), and Remote Access Technology.…

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