A notorious North Korean hacking group is likely behind the theft of nearly US$300 million in cryptocurrency over the weekend, an affected party has said, in the biggest known crypto heist this year. It is the latest such incident linked to North Korea, whose sophisticated cybercrime programme uses stolen cryptocurrency to help fund its nuclear weapons development, according to a United Nations pa...
A notorious North Korean hacking group is likely behind the theft of nearly US$300 million in cryptocurrency over the weekend, an affected party has said, in the biggest known crypto heist this year. It is the latest such incident linked to North Korea, whose sophisticated cybercrime programme uses stolen cryptocurrency to help fund its nuclear weapons development, according to a United Nations panel. Digital currency news site CoinDesk said the heist on the vault of online investment tool...
Cristina Oller Real/iStock via Getty Images Netflix ( NFLX ) dropped out of the bidding for Warner Bros. Discovery ( WBD ), but it may now get another, smaller studio lot for a lot less money, according to a Bloomberg News report. The streaming TV pioneer is said to be in talks to buy a historic Los Angeles movie studio lot for a fraction of its 2021 $1.85B sale price after lenders including Goldm...
Cristina Oller Real/iStock via Getty Images Netflix ( NFLX ) dropped out of the bidding for Warner Bros. Discovery ( WBD ), but it may now get another, smaller studio lot for a lot less money, according to a Bloomberg News report. The streaming TV pioneer is said to be in talks to buy a historic Los Angeles movie studio lot for a fraction of its 2021 $1.85B sale price after lenders including Goldman Sachs Group ( GS ) repossessed the property, the report said. The final price for Radford Studio Center, a one-time silent movie lot where TV series such as Gilligan’s Island and Seinfeld were shot, hasn’t been determined, and the deal still hasn’t closed, according to three people with knowledge of the discussions. The current owner, Hackman Capital Partners, defaulted on $1.1B of debt and turned the property over to lenders led by Goldman after it was unable to reach a refinancing deal last year. Netflix ( NFLX ), which has historically leased rather than owned real estate, has stepped up investing in studio lots. It’s currently developing a $1B studio lot in Fort Monmouth, New Jersey. More on Netflix Netflix: Normalized Expenses In 2H FY2026 Could Boost Earnings Growth Netflix: Attractive Dip Buying Opportunity After Latest U.S. Price Increases Netflix Q1: Murky Forward Subscriber Outlook (Rating Downgrade) SA analyst upgrades/downgrades: NFLX, AMD, LLY, UNP China’s Netflix iQiyi bets big on AI content in major overhaul