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LONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind “malicious” cyber campaigns targeting political figures, in moves expected to stoke tensions with Beijing.

The British government also alleged that China-affiliated hackers were behind an attack that saw the data of millions of voters accessed.

“I can confirm today that Chinese state-affiliated actors were responsible for two malicious cyber campaigns targeting our democratic institutions and parliamentarians,” British Deputy Prime Minister Oliver Dowden said in a speech to Parliament on Monday.

Dowden attributed a hack on the Electoral Commission, the independent agency tasked with setting standards for how U.K. elections should be run, to a China state-affiliated actor. The campaigns were said to have taken place between 2021 and 2022.

The attack was identified by the Electoral Commission in October 2022, but wasn’t disclosed until last year. Hackers accessed the names and addresses of anyone in Britain registered to vote between 2014 and 2022, the Electoral Commission said in a 2023 public notice.

A spokesperson for the Chinese Embassy in the U.K. said allegations of China being behind cyberattacks in the U.K. were “completely fabricated and malicious slanders.”

“We strongly oppose such accusations,” the Chinese Embassy spokesperson told reporters at a press briefing Monday, according to an update that was posted on its website. “China has always firmly fought all forms of cyber attacks according to law.”

‘A clear pattern’

Dowden said the U.K. believes China to be behind attempted reconnaissance on the email accounts of U.K. lawmakers in the summer of 2021. He accused the Chinese hacking group APT31 of being behind this attack.

Cybersecurity firm Mandiant, which is owned by Google, describes APT31 as a “China-nexus cyber espionage actor focused on obtaining information that can provide the Chinese government and state-owned enterprises with political, economic, and military advantages.”

Dowden added that attempts to compromise the email accounts of U.K. lawmakers were however “unsuccessful.”

“We want now to be as open as possible with the House and the British public,” Dowden said. “This is the latest in a clear pattern of hostile activity originating in China.”

Dowden said the U.K. had sanctioned two individuals residing within China, as well as an entity affiliated with APT31.

U.S. hits out at China

Separately, the U.S. Justice Department unsealed an indictment Monday accusing Chinese state-linked hackers of being behind cyber campaigns targeting U.S. businesses, government officials and politicians.

The DOJ charged seven Chinese nationals, Ni Gaobin; Weng Ming; Cheng Feng; Peng Yaowen; Sun Xiaohui; Xiong Wang; and Zhao Guangzong, with conspiracy to commit computer intrusions and conspiracy to commit wire fraud for involvement in a China-based hacking group that spent 14 years targeting U.S. and foreign critics, businesses and political officials.

These individuals operated as part of the APT31 hacking group, the DOJ said.

“The Justice Department will not tolerate efforts by the Chinese government to intimidate Americans who serve the public, silence the dissidents who are protected by American laws, or steal from American businesses,” Attorney General Merrick B. Garland said in a statement Monday.

“This case serves as a reminder of the ends to which the Chinese government is willing to go to target and intimidate its critics, including launching malicious cyber operations aimed at threatening the national security of the United States and our allies,” Garland added.

Geopolitical tensions

The announcements from the U.K. and U.S. are likely to draw the ire of Beijing.

Relations between the U.K. and China have soured over the years, particularly on the tech front, following actions from the British government designed to stem national security risks from Chinese technology companies.

“The impact of such a breach on UK-Sino relations could be profound,” Javvad Malik, lead security awareness advocate at cybersecurity firm KnowBe4, told CNBC on Monday via email.

“It’s likely to escalate tensions, leading to diplomatic strain and potentially resulting in retaliatory actions in the cyber domain or other areas of bilateral cooperation.”

Malik added that the situation “necessitates a robust response not only in terms of securing compromised systems and preventing further breaches but also in reinforcing the international legal and norms-based systems governing state behavior in cyberspace.”

“To mitigate the aftermath and prevent future incidents, it’s crucial for nations to invest in stronger cybersecurity defenses, international collaboration, and developing capabilities to deter adversaries in the cyberspace domain,” he said.

Some hawkish lawmakers have been pressuring the U.K. government to take tougher action on China.

The Inter-Parliamentary Alliance on China, a cross-border group of lawmakers seeking to reform policy on China, said Monday in a post on social media platform X that they, along with other members of Parliament, activists and dissidents, have been “subjected to harassment, impersonation, and attempted hacking from China for some time.”

“We take this opportunity to highlight that, though extremely unwelcome, our discomfort pales in comparison to Chinese dissidents who risk their lives to oppose the Chinese Communist Party. It is high time that they received greater support for their host governments,” the group said.

In 2020, for example, the U.K. government banned telecommunications equipment from Huawei in its 5G mobile network, citing spying concerns. Huawei, for its part, denies the allegations and says it wouldn’t cooperate with China to spy on Western communications.

Relations between the U.S. and China have also been under significant pressure. U.S. lawmakers recently approved a controversial bill that could lead to TikTok being blocked in the U.S. if it doesn’t break with its Chinese parent ByteDance.

If the bill becomes law, TikTok would have a little less than six months to divest from ByteDance, or be banned from apps and webhosting sites in the U.S.

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Amazon extends Prime Day to four days, starting July 8

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Amazon extends Prime Day to four days, starting July 8

An Amazon worker moves boxes on Amazon Prime Day in the East Village of New York City, July 11, 2023.

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Amazon is extending its Prime Day discount bonanza, announcing that the annual sale will run four days this year.

The 96-hour event will start at 12:01 a.m. PT on July 8, and continue through July 11, Amazon said in a release.

For the first time, the company will roll out themed “deal drops” that change daily and are available “while supplies last.” Amazon has in recent years toyed with adding more limited-run and invite-only deals during Prime Day events to create a feeling of urgency or scarcity.

Amazon launched Prime Day in 2015 as a way to secure new members for its $139-a-year loyalty program, and to promote its own products and services while providing a sales boost in the middle of the year. In 2019, the company made Prime Day a 48-hour event, and it’s since added a second Prime Day-like event in the fall.

Prime Day is also a significant revenue driver for other retailers, which often host competing discount events.

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SK Hynix shares extend gains to over 2-decade highs as parent group reportedly plans AI data center

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SK Hynix shares extend gains to over 2-decade highs as parent group reportedly plans AI data center

Illustration of the SK Hynix company logo seen displayed on a smartphone screen.

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Shares in South Korea’s SK Hynix extended gains to hit a more than 2-decade high on Tuesday, following reports over the weekend that SK Group plans to build the country’s largest AI data center.

SK Hynix shares, which have surged almost 50% so far this year on the back of an AI boom, were up nearly 3%, following gains on Monday. 

The company’s parent, SK Group, plans to build the AI data center in partnership with Amazon Web Services in Ulsan, according to domestic media. SK Telecom and SK Broadband are reportedly leading the initiative, with support from other affiliates, including SK Hynix. 

SK Hynix is a leading supplier of dynamic random access memory or DRAM — a type of semiconductor memory found in PCs, workstations and servers that is used to store data and program code.

The company’s DRAM rival, Samsung, was also trading up 4% on Tuesday. However, it’s growth has fallen behind that of SK Hynix.

On Friday, Samsung Electronics’ market cap reportedly slid to a 9-year low of 345.1 trillion won ($252 billion) as the chipmaker struggles to capitalize on AI-led demand. 

SK Hynix, on the other hand, has become a leader in high bandwidth memory — a type of DRAM used in artificial intelligence servers — supplying to clients such as AI behemoth Nvidia. 

A report from Counterpoint Research in April said that SK Hynix had captured 70% of the HBM market by revenue share in the first quarter.

This HBM strength helped it overtake Samsung in the overall DRAM market for the first time ever, with a 36% global market share as compared to Samsung’s 34%. 

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OpenAI wins $200 million U.S. defense contract

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OpenAI wins 0 million U.S. defense contract

OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025.

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OpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools.

The department announced the one-year contract on Monday, months after OpenAI said it would collaborate with defense technology startup Anduril to deploy advanced AI systems for “national security missions.”

“Under this award, the performer will develop prototype frontier AI capabilities to address critical national security challenges in both warfighting and enterprise domains,” the Defense Department said. It’s the first contract with OpenAI listed on the Department of Defense’s website.

Anduril received a $100 million defense contract in December. Weeks earlier, OpenAI rival Anthropic said it would work with Palantir and Amazon to supply its AI models to U.S. defense and intelligence agencies.

Sam Altman, OpenAI’s co-founder and CEO, said in a discussion with OpenAI board member and former National Security Agency leader Paul Nakasone at a Vanderbilt University event in April that “we have to and are proud to and really want to engage in national security areas.”

OpenAI did not immediately respond to a request for comment.

The Defense Department specified that the contract is with OpenAI Public Sector LLC, and that the work will mostly occur in the National Capital Region, which encompasses Washington, D.C., and several nearby counties in Maryland and Virginia.

Meanwhile, OpenAI is working to build additional computing power in the U.S. In January, Altman appeared alongside President Donald Trump at the White House to announce the $500 billion Stargate project to build AI infrastructure in the U.S.

The new contract will represent a small portion of revenue at OpenAI, which is generating over $10 billion in annualized sales. In March, the company announced a $40 billion financing round at a $300 billion valuation.

In April, Microsoft, which supplies cloud infrastructure to OpenAI, said the U.S. Defense Information Systems Agency has authorized the use of the Azure OpenAI service with secret classified information. 

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