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Fujifilm pours $64 million into magnetic tape production as AI storage demand surges

Fujifilm recently announced a significant new investment in its magnetic tape manufacturing operations. The Japanese giant will spend 10 billion yen, or around $64 million, to expand production capacity at its Kanagawa Factory in the city of Odawara.

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Binance loses $6.3 billion in largest crypto heist ever

Blockchain intelligence firm TRM Labs puts the haul at approximately $6.36 billion, taken from Binance wallets across ten blockchains on October 29. Most of the money was moved in about 20 minutes. The firm attributes the attack to TraderTraitor, a North Korean hacking unit, with high confidence.

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