Moltbook, an AI-focused social media site that attracted about 1.5 million bot accounts, has been shown to contain serious security flaws including open databases and malicious tools targeting crypto wallets. Security researchers documented prompt injection attacks, fake crypto trading utilities, and a major database exposure that revealed roughly 1.5 million bot passwords and tens of thousands of email addresses. Experts warn that as local AI models advance over the next one to two years, it may become impossible for major providers to use "kill switches" to stop harmful AI agents.

French law enforcement raided X’s Paris offices on Tuesday, and prosecutors summoned Elon Musk and former CEO Linda Yaccarino to appear for questioning on April 20. The widening inquiry covers alleged hosting of child sexual abuse material, data fraud claims, and Grok, while the European Commission began a formal probe on January 27 that could lead to penalties of up to 6% of global annual revenue.

Updated on February 2, 2026 at 1:28 AM UTC, Apple faces intensifying competition for chips as AI companies bid aggressively for the same components. Nvidia has surpassed Apple as TSMC’s largest client, while TechInsights projects DRAM prices could quadruple and NAND triple by year-end. Mike Howard estimates an extra $57 memory cost for an entry-level iPhone 18, impacting margins on a $799 device.

On Friday, silver sank 26% and gold slid 9% in one of the sharpest single-day metal selloffs after weeks of speculative buying from China had driven prices to record highs. The move accelerated when reports surfaced that Donald Trump planned to nominate Kevin Warsh as Federal Reserve chair, lifting the dollar and ending the momentum trade. Trading volumes in silver products surged, with the iShares Silver Trust alone recording more than $40 billion in turnover as options activity and algorithmic strategies amplified the reversal.

Nvidia CEO Jensen Huang stated in Taipei that the widely cited $100 billion figure for a potential OpenAI investment was only a maximum amount the company was invited to consider, not a firm pledge. He said Nvidia will fund OpenAI step by step and indicated any current contribution will fall well short of that level, as the firm also faces questions over similar circular financing concerns tied to its fresh $2 billion commitment to CoreWeave.

On 10 October, leveraged crypto positions worth about $19 billion were liquidated in what was described as the industry's largest single-day wipeout, and former Binance CEO Changpeng Zhao has now dismissed accusations that the exchange triggered the crash. He said during a Q&A on Binance's social platform that the allegations are unrealistic, noting the firm paid around $600 million to users affected by system issues and operates under oversight in Abu Dhabi and the United States. Zhao also discussed organized online attacks targeting him, shifting views on a potential Bitcoin supercycle, and highlighted Binance's proof-of-reserves and past ability to process more than $15 billion in withdrawals without halting services.

Meta Platforms plans to allocate as much as 135 billion dollars to infrastructure focused on artificial intelligence in 2026, after spending 39 billion dollars in 2024 and 72 billion dollars in 2025. The company’s aggressive AI investment has coincided with a 22 percent rise in 2025 revenue to 201 billion dollars and a 10 percent share price surge following its fourth-quarter earnings report.

On Thursday, the European Central Bank reduced its key rate by 25 basis points to 2.75%, the fifth straight cut since June. On Friday, the German statistics office said January inflation was 2.1%, up from 2.0% in December, contrary to expectations for a flat reading. Eurozone output improved in Q4 2025, with Germany expanding 0.3% while Spain, France, and Italy also posted gains.

On January 27 2026, TikTok reached a settlement with a 19-year-old California woman who alleged its platform contributed to social media addiction, depression and suicidal thoughts. The deal was announced as jury selection began in Los Angeles for a major bellwether trial that will proceed against Meta, YouTube and Snap, with Meta's CEO Mark Zuckerberg expected to testify. The case is among several lawsuits set for 2026 that accuse major platforms of knowingly using addictive design features that harm young users' mental health.