CBI Dismantles UK Tech Support Scam

 

India's Central Bureau of Investigation (CBI) shut down a £390,000 tech support scam targeting UK and Australian citizens. Operating from Noida call centre, the syndicate impersonated, Microsoft staff to extort money from victims. The crackdown-part of Operation Chakra V—was coordinated with the UK's NCA, FBI and Microsoft, leading to two arrests and the seizure of advanced scam infrastructure.

Drone-Jamming Tech Used in Pakistan

 

For the first time, Khyber Pakhtunkhwa police deployed drone-jamming technology during Ashura processions in Peshawar to enhance public safety. the system successfully disabled suspicious drones within a 3-kilometre range, marking a proactive step against rising drone threats in the region.

Bitcoin Breaks $120K Barrier Amid Regulatory Optimism

Bitcoin has surged beyond $120,000 for the first time, hitting a peak of $122,571, fuelled by strong institutional buying and optimism around upcoming U.S. Crypto regulations. The rally comes as Congress prepares to debate the Genius Act, which could set stable coin standards, while President Trump's pro-crypto stance bolsters market confidence. The broader digital asset space is riding momentum too, with major coins like Ether, XRP, and Solana pushing total market value close to $3.8trillion.

Pakistan’s Tech Startup Ecosystem Faces Major Crisis

 

• Trend: Over 55 funded startups have shut down or pivoted since 2021. Ride-hailing giant Careem is also exiting Pakistan by mid-July.
• Funding Collapse: Startup funding dropped from $355M in 2022 to just $43M in 2024.
• Causes: Currency depreciation, inconsistent tax policies, poor infrastructure, and investor flight have crippled the ecosystem.

Microsoft Shuts Down Operations in Pakistan After 25 Years

 

• What happened: Microsoft officially exited Pakistan on July 3, 2025, ending a 25-year presence.
• Why: The decision was driven by worsening political instability, economic uncertainty, and regularly hurdles that made operations unstainable
• Impact: The closure is seen as a major below to Pakistan's tech ecosystem, which Microsoft helped shape through education, digital infrastructure, and partnerships.

Samsung's Q2 Profit Falls 39% Amid AI Chip Delays and Trade Tensions

 

      Summary

• Profit Drop: Samsung Electronics is accepted to report 39% year-over-year decline in Q2 2025 operation profit, down to ₩6.3 trillion ($4.62 billion)—its lowest in six quarters.
• AI Chip delays: The slump is largely due to delays in supplying high bandwidth memory (HBM) chips to Nvidia. Samsung HBM3E have not yet pass Nvidia's certification, limiting shipments. 
• Rival Advantage: Competitors like SK Hynix and Micron have searched ahead in the AI chip market, while Samsung due to the U.S restrict on chip exports to China, a key market for Samsung. 
• Stock Performance: Samsung shares are up 19% in 2025 but still trail the broader KOSPI index, which has risen 27.3%
• Smartphone Sales: Despite chip setbacks, Samsung's smartphone sales remain stable, driven by pre-tariff stockpiling in the U.S.

Qantas Cyberattack Exposes Customer Data

 

Australian airline Qantas reported a major cyber breach involving its third-party customer service platform. Data from over six million users—including names, emails, and frequent flyer numbers—was comprised. The company assured that no financial or passport details were affected.