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A man walks past a logo of Taiwan Semiconductor Manufacturing Company.

TSMC confirms supplier data breach following ransom demand by Russian-speaking cybercriminal group

By Sean Lyngaas, CNN (CNN) — Taiwanese semiconductor giant TSMC confirmed Friday that one of its hardware suppliers was hacked and had data stolen from it, but said the incident had no impact on business operations. Confirmation of the breach came after Russian-speaking cybercriminals claimed TSMC as a victim on Thursday and demanded an extraordinary

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The European Parliament building in Strasbourg

‘Serious concerns’: Top companies raise alarm over Europe’s proposed AI law

By Michelle Toh, CNN Dortmund, Germany (CNN) — Dozens of Europe’s top business leaders have pushed back on the European Union’s proposed legislation on artificial intelligence, warning that it could hurt the bloc’s competitiveness and spur an exodus of investment. In an open letter sent to EU lawmakers Friday, C-suite executives from companies including Siemens

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