Hackers are sending extortion emails to executives after claiming Oracle apps’ data breach; also, OpenAI is the world’s most valuable private company
Update: 2025-10-03
Description
Google says hackers associated with a prolific ransomware group are sending extortion emails to executives at “numerous” large organizations after claiming to have stolen their sensitive information from a suite of business software products developed by Oracle.
Also, OpenAI has sold 6.6 billion dollars in shares held by current and former employees, according to a new report from Bloomberg. The sale pushed OpenAI’s total valuation to 500 billion dollars, the highest ever achieved by a privately held company. Purchasers included SoftBank, Dragoneer Investment Group, Thrive Capital, MGX, and T. Rowe Price, the report said.
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