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An anonymous reader quotes a report from Reuters: Figma is targeting a fully-diluted valuation of up to $16.4 billion in its initial public offering, as the cloud-based design software firm prepares for a debut on the NYSE that could inject fresh momentum into a resurgent market for tech listings. The San Francisco-based company, along with some investors, is eyeing proceeds of up to $1.03 billion by selling nearly 37 million shares priced between $25 and $28 each, it said on Monday. The listing could be a major milestone for Figma, coming more than a year after its $20 billion sale to Adobe failed due to regulatory hurdles in Europe and the UK. Figma's IPO is expected to occur the week of July 28th, offering shares priced between $25 and $28. It'll trade under the symbol "FIG".

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NVIDIA has released additional open-source header files for its Blackwell and Hopper GPU architectures, continuing its effort to support open-source drivers like Nouveau/NVK and the NOVA Rust driver. Phoronix reports: Last week NVIDIA open-sourced 12k lines of C header files for Blackwell GPUs to help in the open-source driver efforts, namely for Nouveau / NVK and the in-development NOVA Rust driver. On Friday they made public some additional header files for helping in the Blackwell and Hopper open-source driver enablement. Following the previously-covered open-source header activity, on Friday this commit was pushed to their open-source documentation repository that provides Hopper and Blackwell DMA-copy class header files. [...] In turn the code has already been imported into Mesa Git.

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Microsoft is rolling out updates to the Xbox PC app and consoles that sync your cloud gaming history and progress across devices, making it easier to resume cloud-playable titles on PCs, handhelds, and other Xbox hardware. The Verge reports: Cloud-playable games are now starting to show inside play history or the library on the Xbox PC app. "This includes all cloud playable titles, even console exclusives spanning from the original Xbox to Xbox Series X|S, whether you own the title or access it through Game Pass," explains Lily Wang, product manager of Xbox experiences. Your recent games, including cloud ones, will soon follow you across devices -- complete with cloud-powered game saves. So if you played an Xbox game on your console that's not natively available on PC, it will still show up in your recent games list and be playable through Xbox Cloud Gaming on Windows. Cloud-playable games on the Xbox PC app can be found from a new filter in the library section, and a new "play history" section will appear at the end of the "jump back in" list on the home screen of the Xbox PC app. "While the large tiles highlight games you've recently played on your current device, the play history tile shows games you've played across any Xbox device, making it easy to pick up where you left off," says Wang. This same play history section will appear on the main Xbox console interface, too -- which could mean we'll eventually see PC games listed here and playable through Xbox Cloud Gaming.

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An anonymous reader quotes a report from the BBC: One password is believed to have been all it took for a ransomware gang to destroy a 158-year-old company and put 700 people out of work. KNP -- a Northamptonshire transport company -- is just one of tens of thousands of UK businesses that have been hit by such attacks. Big names such as M&S, Co-op and Harrods have all been attacked in recent months. The chief executive of Co-op confirmed last week that all 6.5 million of its members had had their data stolen. In KNP's case, it's thought the hackers managed to gain entry to the computer system by guessing an employee's password, after which they encrypted the company's data and locked its internal systems. KNP director Paul Abbott says he hasn't told the employee that their compromised password most likely led to the destruction of the company. "Would you want to know if it was you?" he asks. "We need organizations to take steps to secure their systems, to secure their businesses," says Richard Horne CEO of the National Cyber Security Centre (NCSC) -- where Panorama has been given exclusive access to the team battling international ransomware gangs. A gang of hackers, known as Akira, broke into the company's system and demanded a payment to restore the data. "The hackers didn't name a price, but a specialist ransomware negotiation firm estimated the sum could be as much as 5 million pounds," reports the BBC. "KNP didn't have that kind of money. In the end all the data was lost, and the company went under."

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An anonymous reader shares a blog post: The International Mathematical Olympiad is the world's most prestigious competition for young mathematicians, and has been held annually since 1959. Each country taking part is represented by six elite, pre-university mathematicians who compete to solve six exceptionally difficult problems in algebra, combinatorics, geometry, and number theory. Medals are awarded to the top half of contestants, with approximately 8% receiving a prestigious gold medal. Recently, the IMO has also become an aspirational challenge for AI systems as a test of their advanced mathematical problem-solving and reasoning capabilities. Last year, Google DeepMind's combined AlphaProof and AlphaGeometry 2 systems achieved the silver-medal standard, solving four out of the six problems and scoring 28 points. Making use of specialist formal languages, this breakthrough demonstrated that AI was beginning to approach elite human mathematical reasoning. This year, we were amongst an inaugural cohort to have our model results officially graded and certified by IMO coordinators using the same criteria as for student solutions. Recognizing the significant accomplishments of this year's student-participants, we're now excited to share the news of Gemini's breakthrough performance. An advanced version of Gemini Deep Think solved five out of the six IMO problems perfectly, earning 35 total points, and achieving gold-medal level performance.

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Eric Schmidt, Google's former CEO, has a simple suggestion for young workers struggling to focus at work or relax: turn off your phone. Schmidt told the "Moonshots" podcast that researchers "can't think deeply" when their phones keep buzzing with notifications. The tech veteran, who spent 10 years running Google and helped build Android's notification system, admitted the industry has worked to "monetize your attention" through constant ads and alerts.

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Hackers are hiding malware inside DNS records, allowing malicious code to bypass security defenses that typically monitor web and email traffic. DomainTools researchers discovered the technique being used to host Joke Screenmate malware, with binary files converted to hexadecimal format and broken into chunks stored in TXT records across subdomains of whitetreecollective[.]com. Attackers retrieve the chunks through DNS requests and reassemble them into executable malware. The method exploits a blind spot in security monitoring, as DNS traffic often goes unscrutinized compared to other network activity.

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Sir Keir Starmer's government is seeking a way out of a clash with the Trump administration over the UK's demand that Apple provide it with access to secure customer data, Financial Times reported Monday, citing two officials. From the report: The officials both said the Home Office, which ordered the tech giant in January to grant access to its most secure cloud storage system, would probably have to retreat in the face of pressure from senior leaders in Washington, including Vice President JD Vance. "This is something that the vice president is very annoyed about and which needs to be resolved," said an official in the UK's technology department. "The Home Office is basically going to have to back down." Both officials said the UK decision to force Apple to break its end-to-end encryption -- which has been raised multiple times by top officials in Donald Trump's administration -- could impede technology agreements with the US.

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An anonymous reader shares a report: Microsoft is teaming up with the French government to create a digital replica of Paris' Notre-Dame Cathedral, France's most visited monument, the U.S. tech company's president, Brad Smith, said on Monday. The 862-year-old Gothic masterpiece was reopened last December after a five-year restoration following a devastating fire in 2019. A digital replica will serve as a record of the building's architectural details, Microsoft said. It will also provide a virtual experience for visitors and those unable to visit.

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Microsoft has released emergency security updates for two actively exploited zero-day vulnerabilities in SharePoint, tracked as CVE-2025-53770 and CVE-2025-53771, that have compromised servers worldwide in what researchers call "ToolShell" attacks. The U.S. Cybersecurity and Infrastructure Security Agency warned over the weekend that hackers were exploiting the vulnerabilities to gain remote code execution on on-premises SharePoint installations, while Microsoft has not yet provided patches for all affected versions. The vulnerabilities allow hackers to steal private digital keys from SharePoint servers without requiring credentials, enabling them to plant malware and access stored files and data. Eye Security, which first identified the attacks on Saturday, found dozens of actively exploited servers and warned that SharePoint's integration with Outlook, Teams, and OneDrive could enable further network compromise. Researcher Silas Cutler at cybersecurity firm Censys estimated more than 10,000 companies with SharePoint servers were at risk, with the largest concentrations in the United States, Netherlands, United Kingdom, and Canada. Microsoft released patches for SharePoint 2019 and Subscription Edition but is still working on fixes for SharePoint Server 2016. Administrators must install available updates immediately and rotate machine keys to prevent re-compromise, according to Microsoft's security guidance.

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