News 4 u.

Binance says attackers used malware, fraudulent recruitment interviews and an internal AI tool to compromise engineers before draining $6.34 billion from the exchange’s hot wallets. The intrusion began with an accidental malware download, expanded through a fake job process targeting a wallet developer, and culminated in a malicious script using stolen credentials. Binance says $2.85 billion was frozen or intercepted. The FBI attributed the attack to North Korea, while Pyongyang rejected the allegation.

Alphabet says search queries are growing rapidly, but Search revenue and paid-click growth slowed in the third quarter as the company expands AI Overviews and AI Mode. Executives argue that many AI queries are incremental and could create future advertising opportunities; analysts question whether conversational searches will monetize as well as traditional ones. Google is spending heavily on AI infrastructure, while advertisers still report acceptable returns but cannot isolate performance from AI inventory.

The UK and EU have circulated a draft sanitary and phytosanitary agreement that would remove or reduce certificates, inspections and related fees for food and agricultural trade. It could restore some exports, ease delays and reduce the impact of the Irish Sea border, but would require the UK to dynamically align with EU standards. The agreement remains subject to negotiations and approval. Supporters emphasize lower costs and market access; opponents say regulatory alignment sacrifices sovereignty and competitiveness.

The Trump administration notified Congress that it intends to remove South Africa and Rwanda from eligibility for the African Growth and Opportunity Act from January 2027. Washington cited trade barriers, security and foreign-policy concerns, corruption allegations against South Africa, and rights and rule-of-law concerns in Rwanda. Pretoria called the decision unfortunate and said it would diversify export markets. The immediate tariff exposure may be limited because much of both countries’ US trade already enters under ordinary terms, but affected industries could face additional pressure.

Serbia entered a volatile post-election transition after a student movement defeated Aleksandar Vucic, with authorities detaining senior officials, revoking a bank license and reopening corruption and election-fraud complaints. Prosecutors warned against political pressure while the incoming winners demanded action on cases left unresolved under the previous government. Media outlets and public institutions have begun changing leadership or stance, but the student movement has not formally taken control of government, security agencies or the army, leaving the direction of the transition uncertain.

Democrats’ takeover of both chambers of Congress will give them subpoena power, committee chairmanships and leverage over funding, but not the two-thirds majorities needed to override presidential vetoes. The report examines how that affects the Iran war, tariffs, immigration policy and investigations into the administration. Congress may restrict future funding or pursue bipartisan legislation, yet executive action remains difficult to stop, especially in foreign policy. The article also notes unresolved court disputes over tariffs and likely bipartisan support for tighter China technology controls.

Four planned hyperscale data centres in the U.K. are considering gas-fired generation while waiting for grid connections, according to a BBC investigation. The projects could require 1.3 gigawatts and produce an estimated 4.1 million tonnes of carbon emissions annually if run continuously. The government’s new covenant offers priority connections and permits temporary onsite generation in exceptional cases, while officials argue that stopping development would cost jobs and increase reliance on foreign infrastructure. Developers say they intend to connect to the grid and reduce fossil-fuel use when capacity becomes available.