South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips 
PayPal Shares Sink as $50 Billion Takeover Bid Collapses 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
Luxshare Shares Rise as First-Half Profit Jumps 18% 
Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies 
SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan 
Trump Buys SpaceX Shares After Record IPO 
OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing 
SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says 
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China 
Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone 
Google Expands Gemini Enterprise With AI Tools for Legal Sector 
Add as a preferred source on Google
The California-based company LocationSmart has been in several headlines lately as reports claim they were involved in a massive selling of sensitive data that potentially exposed real-time location data of mobile users in the United States.
Now, LocationSmart is subjected to aonther unflattering report as KrebsOnSecurity revealed that the company's widely available tool had a bug that possibly leaked sensitive and private location data.
Anyone who knows how to exploit the said bug reportedly had the ability to track a mobile device in real-time even without entering any log-in details or without having to go through a verification process.
Meanwhile, KrebsOnSecurity has informed LocationSmart of the glitch and the latter has since shut down their bugged online service on Thursday, May 17. It is believed that the bug posed a threat to anyone in the United States using the services of major carriers including AT&T, Sprint, T-Mobile, and Verizon.
Security researcher Robert Xiao also helped explain how easy it was to manipulate the bug through LocationSmart’s free demo tool, which the company has been offering as a trial product to its potential customers.
A user can track his own device by entering in the demo tool their name, mobile number, and email address. LocationSmart’s tool, then, forwards a message to the device that contains a request to send data to a cellular tower close to the device. Once permission is granted, the tool collects “approximate longitude and latitude” then maps out the device’s location through Google Street View services.
However, Xiao further explained that the bug in LocationSmart’s demo tool might have allowed someone to bypass the necessary verification process to avoid unauthorized collection of data.
Meanwhile, to test whether the demo tool’s glitch was indeed working, KrebsOnSecurity and Xiao tested it with “five different trusted sources” who gave permission to participate in the experiment. The report further said that Xiao’s methods worked “within a few seconds” and have accurately located all five sources.
