Oops articles

ferrari jony ive fail electric cars oops with video

Ferrari bet its legacy on an EV designed by Jony Ive. The backlash wiped out $5 billion in a day.

Ferrari wanted its EV to be provocative. Mission accomplished.
A hot potato: Ferrari's long-awaited move into fully electric vehicles landed with an immediate financial jolt. Shares in the company dropped about 8% after the debut of the Luce, wiping out more than $5 billion in market value and signaling investor unease with both the design and the broader strategy. The reaction didn't stop with investors. Within hours of the unveiling, criticism spread across social media, owner forums, and even into Italian politics.
south korea cryptocurrency taxes

South Korea's tax office lost millions in crypto after accidentally posting the wallet's master key

A basic security lapse raises bigger questions about crypto oversight
Facepalm: Last month, South Korea's National Police Agency realized that 22 Bitcoin had been missing for years after officials failed to transfer the seized funds to a state-owned wallet. Now the country's National Tax Service has stumbled into an even more damaging mistake – effectively handing cybercriminals the keys to confiscated crypto.
telegram ceo signal

Signal defends itself after US military officials leak classified plans by mistake on group chat

The most secure messaging app - until someone invites a journalist
Facepalm: Signal likes to present itself as the most private and secure messaging service around, but the nonprofit likely didn't design the app for sharing classified plans regarding imminent military action. Yet earlier this month, senior US government and military officials did just that. Signal's president later defended the service amid renewed comparisons to WhatsApp.
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Man who lost $750 million Bitcoin in landfill now wants to buy the site

If at first you don't succeed...
In brief: James Howells, the man who has spent more than a decade trying to recover a hard drive containing more than $750 million worth of Bitcoin from a landfill, is not giving up on his quest for fortune. After a judge threw out his request to dig at the site last month, Howells is now considering buying the facility, which is due to be closed.