Cheap intelligence has an expensive back office

Recent reads

• Hong Kong adds 6,000 buildings to fire alarm scheme with none installedCheung Kwok-keung · 23 Oct

  Residents are still waiting for alarms while the government adds more buildings to the scheme.

• Queen Elizabeth Hospital's phased move leaves services split across two sitesCheung Kwok-keung · 22 Oct

  Patients need to check where their appointment is happening while services move between the two hospitals.

• MTR bets billions on Northern Metropolis rail as land returns lagCheung Kwok-keung · 21 Oct

  The funding gap lands with MTR, which must finance the railway while waiting for the development money.

From the wire

• Rat Poison Suspected In Kowloon Cat Foodscmp.com · 24 Oct
• Health department probes HIV email misusenews.rthk.hk · 24 Oct
• Cross-Border Card Theft Crackdown Nets 33news.rthk.hk · 24 Oct

Recent reads

• DeepSeek’s direct API price depends on when you use itAya Nakamura · 23 Oct

  Flash output costs US$0.60 or US$1.20 per million tokens under the provider’s current schedule.

• AWS Security Agent exploits 33 of 37 flaws, leaving access limits unprovenAya Nakamura · 20 Oct

  An autonomous security tester’s results make its access permissions part of the purchasing decision.

• Claude’s false murder tip travelled from a chat to Philadelphia policeAya Nakamura · 19 Oct

  The incident exposes the gap between identifying an AI agent and trusting what it sends.

From the wire

• Kimi claims open weights close inlatent.space · 24 Oct
• Pennsylvania demands labels on AI adstheverge.com · 25 Oct
• Block voice model sounds eerily humantechcrunch.com · 25 Oct

Recent reads

• PHP has no patch for remote code execution flaw in non-default configurationsKai Tanner · 24 Oct

  Administrators running affected configurations need a change process that can authorise mitigation while a software fix is unavailable.

• ConnectWise compromise leaves access open where supplier credentials still workKai Tanner · 23 Oct

  For customers assessing the reported compromise, the immediate exposure is the access their own systems still grant the supplier.

• LiteLLM credential thief spread through its PyPI package and Docker imagesKai Tanner · 23 Oct

  Recovery depends on whether the application receiving replacement credentials still contains the code that stole the originals.

From the wire

• Leaked LiteLLM master key opens door to release hijackthehackernews.com · 24 Oct
• Attackers exploit critical Collabora and VeloCloud flawsthehackernews.com · 24 Oct
• Brotli flaw reaches beyond Node.js into python and bunthehackernews.com · 24 Oct

Recent reads

• Cashman keeps Yankees job and will evaluate players blamed for playoff exitDev Chatterjee · 22 Oct

  New York’s owner has settled who keeps running the club, leaving the clubhouse to absorb his verdict on October.

• Wembanyama misses his first 12 shots in opening loss to ThunderDev Chatterjee · 22 Oct

  Oklahoma City turned opening night into an ordeal for one of basketball’s biggest attractions.

• Terry McLaurin’s torn patellar tendon leaves Washington without him for seasonDev Chatterjee · 21 Oct

  Washington loses its receiver after pushing unbeaten San Francisco hard, while the NFL’s season continues.

From the wire

• Lamar Ruled Out, Ravens Turn to Huntleyespn.com · 25 Oct
• Jackson Double Wrecks City's Perfect Startbbc.co.uk · 25 Oct
• Flagg Shoulder Sprain Derails Mavericks Home Openerespn.com · 25 Oct

Recent reads

• Hang Seng falls 3% as HIBOR sets the borrowing bill for financed holdingsRachel Lam · 23 Oct

  For the portfolio manager marking down Hong Kong equities, the next funding readings will help distinguish an equity sell-off from pressure on Hong Kong dollar funding.

• HIBOR falls 21 basis points, with renminbi bond savings hinging on funding costsRachel Lam · 22 Oct

  A bank treasury desk weighing the sovereign issue against Hong Kong dollar bills has to price the funding in the currency it will actually owe.

• SFC suspends Baicha shares over suspected IPO rigging, blocking salesRachel Lam · 20 Oct

  For existing holders, the immediate consequence is an unavailable exit, while a separate circular puts sponsors, bookbuilders and placing firms in the regulatory frame.

From the wire

• Hong Kong stocks suffer worst drop in seven months as Beijing stimulus hopes fadethestar.com.my · 24 Oct
• Jockey Club Congratulates Hong Kong, China Athletes on Outstanding Performance at the 5th Asian Para Games and Awards Over HK$5.56 Million to Medallistsbastillepost.com · 24 Oct

Recent reads

• Netflix replaces content chiefs as revenue growth slows and Below tops its chartJoy Lee · 21 Oct

  A hit with 21 million views offers little job security when the company wants more viewing across the service.

• Elizabeth Holmes documentary opens to $15 million weeks after its revealJoy Lee · 19 Oct

  A surprise release has filled cinemas, leaving A24 with the harder business of keeping them full.

• Musk documentary expands to nearly 500 screens without TikTok adsJoy Lee · 18 Oct

  Bleecker Street is appealing just as the film needs to turn a wider cinema release into ticket sales.