Cybercriminals are targeting wealthy individuals, making cybersecurity concierges a new must-have for high-net worth families, including executives. Companies are spending heavily on cybersecurity, but personal and home devices are generally less protected. Bill Roth, CEO of HardTarget, a cyber resilience firm, notes that high-net worth families are now the 'low-hanging fruit' for hackers, with some having the resources of big companies but being less secure.

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SK Hynix, a memory chip giant, plans to invest 9.4 trillion Korean won ($6.8 billion) to build a new semiconductor manufacturing plant in South Korea's Yongin Semiconductor Cluster. The plant, which will be the company's first in the cluster, is expected to begin construction in March 2024 and complete the project in May 2027.

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CrowdStrike CEO George Kurtz announced that over 97% of Windows sensors are back online after an update caused a global IT outage. The update, issued to large businesses worldwide, contained a bug that caused the outage. CrowdStrike provides cybersecurity services to Microsoft.

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Apple has dropped out of the top 5 smartphone vendors in China, according to a Canalys report. The company's market share in China shrank to 14% in the second quarter, from 15% in the first quarter and 16% in the same period a year ago. Apple shipped around 9.7 million iPhones in China in the second quarter, dropping to the sixth spot from its previous third-place ranking.

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US Vice President Kamala Harris debuted an official TikTok account, underscoring the app's importance in the 2024 presidential campaign. She delivered the keynote speech at the American Federation of Teachers' 88th national convention in Houston, Texas. Harris joined TikTok after being featured on the For You Page, saying she wanted to get on the platform herself.

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Boston Consulting Group estimates that demand for data centers will rise 15%-20% every year through 2030, when they're expected to comprise 16% of total U.S. power consumption. This is equivalent to the power used by about two-thirds of the total homes in the U.S. There are more than 8,000 data centers globally, with the highest concentration in the U.S. OpenAI's ChatGPT was released in 2022, which contributed to the increased demand.

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Former US President Donald Trump will headline the biggest bitcoin conference of the year in Nashville, hosting a fundraiser with tickets up to $844,600. The conference is organized by BTC Inc. CEO David Bailey, who aims to raise $100 million. The event takes place on Saturday afternoon.

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Indonesia has become the world's top producer of nickel, supplying over 40% of global demand, driven by its role in electric vehicle batteries. The country has 14 active mines, and its partnership with China has bolstered its mining capabilities. China is the largest global EV battery producer, and a 2022 ban on raw nickel exports has led to a focus on refining nickel locally.

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Dexcom shares plummeted over 40% after reporting disappointing revenue for the second quarter and offering weak guidance. The company's revenue increased 15% to $1 billion, missing analysts' expectations of $1.04 billion. Dexcom expects revenue of $975 million to $1 billion for the third quarter.

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Bitcoin and ether prices rose by 4.5% and 4% respectively, following a two-day decline. The Nasdaq Composite and S&P 500 indices also rallied. Coinbase and MicroStrategy stocks jumped 7% and 10% respectively. The Federal Reserve's preferred inflation gauge, the personal consumption expenditures price index, showed price increases eased slightly in June.

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