FeesSafety
Pluang+

Google sues Chinese cybercrime group using AI to run massive online scams in the US

Market News
12 Jun 2026, 12:10 WIB
NYTimes
View Source
Bearish
Google sues Chinese cybercrime group using AI to run massive online scams in the US

Google has filed a lawsuit against a Chinese cybercrime network called Outsider Enterprise, accusing it of using Google's AI system, Gemini, to create hundreds of fake websites and send millions of scam messages to Americans. The group mimicked trusted companies and government services to defraud people, affecting hundreds of thousands mostly in the US. Google is working with the FBI and major wireless providers to shut down the network and prevent a surge in AI-powered online fraud, which is growing rapidly and caused nearly $21 billion in losses last year. The case highlights the increasing threat of AI-enhanced scams and the need for coordinated law enforcement action.

More News (GOOGL)

Anthropic's AI IPO tests investor confidence amid high valuation and costs.

Anthropic's AI IPO tests investor confidence amid high valuation and costs.

Anthropic, an AI startup, plans an IPO with a valuation up to $1.4 trillion and share prices between $70 and $78. Major AI players like Google and Nvidia have committed $26 billion in private placements, highlighting strong insider support but also c...

Neutral
1 day ago
Deadlines near for investors to join securities fraud class actions against Qfin, Endava, Anavex, and Alphabet.

Deadlines near for investors to join securities fraud class actions against Qfin, Endava, Anavex, and Alphabet.

The Law Offices of Howard G. Smith reminds investors of approaching deadlines to file lead plaintiff motions in securities fraud class actions involving Qfin Holdings, Endava plc, Anavex Life Sciences, and Alphabet Inc. These lawsuits allege false or...

Market News
Bearish
2 days ago
Google launches Pixel Tag for $29.99, a slim tracker for Android users to find lost items via Bluetooth and ultra-wideband.

Google launches Pixel Tag for $29.99, a slim tracker for Android users to find lost items via Bluetooth and ultra-wideband.

Google has introduced the Pixel Tag, a $29.99 device that helps Android users track lost items like keys or wallets using Bluetooth and ultra-wideband technology. The Pixel Tag features a slim, elongated design with a built-in speaker and physical bu...

Others
Bullish
2 days ago
Alphabet's historic stock drop sparks options trade betting on a rebound by December.

Alphabet's historic stock drop sparks options trade betting on a rebound by December.

Alphabet experienced its worst one-day stock drop ever, losing nearly $500 billion in market value, but has only recovered 1.5% since. Despite strong revenue growth, including doubling Google Cloud revenue, the stock remains down 11.3% from pre-earni...

Market News
Bullish
2 days ago
Google launches new AI chips to boost cloud computing and reduce reliance on Nvidia.

Google launches new AI chips to boost cloud computing and reduce reliance on Nvidia.

Google introduced two new variants of its in-house AI chips, TPU 8tx and TPU 8i Max, enhancing its cloud computing capabilities. TPU 8tx, developed with AMD, focuses on secure AI model training by embedding security in hardware, allowing confidential...

Market News
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App