A founder's dystopian AI scenario published on Sunday triggered a stock market meltdown on Monday, with major indexes and specific company shares plummeting. The report, "The 2028 Global Intelligence Crisis," detailed mass white-collar layoffs and a deflationary cascade, sparking investor anxiety already heightened by AI-related selloffs.
BookMyForex users face fraud after a major data breach. Thousands of customers are reportedly defrauded, with unauthorized transactions occurring on their forex cards. Many users could not access the platform to secure their funds. The company has escalated the issue to Yes Bank, its banking partner, for chargeback proceedings.