One hacked laptop just froze billions in deposits

Binance, the world’s largest crypto exchange, says more than $6.3B in digital assets were taken after an engineer’s laptop was hacked. The company says it has worked with partners to freeze about $3B so far and will cover all losses. Withdrawals are disabled while Binance says it works to secure its systems.

Amazon reported third-quarter revenue of $201.9 billion, up 12% from a year earlier, and operating income up 61% to $28.1 billion. Shipping costs rose 11%, but the company says it lowered cost to serve through better inventory placement, shorter routes and package consolidation. It delivered more than 1.5 billion items the same day or overnight for Prime members.

Gallup found worker engagement in the United States has fallen below 30%, the lowest level since 2011. Engagement dropped two points from last quarter, roughly 3.2 million fewer engaged workers, while the share of “actively disengaged” employees rose from 17% to 18%. The largest decline was among fully remote workers.

Seattle piloted an AI screening tool to catch missing or incomplete information in construction permit applications before they reach reviewers, potentially cutting intake review time by roughly half and reducing correction cycles by about 35%. In Honolulu, residential projects using AI-powered CivCheck averaged 32.5 days for permit decisions, down from 73 days.

The U.S. Labor Department finalized a rule that will require pharmacy benefit managers to share broad fee and pay data with self-funded employer clients starting in 2027. Employers cheered the rule, while pharmacy benefit managers called it government overreach.

Reddit CEO Steve Huffman told shareholders the site is shifting to a “logged-in-only experience,” with tests in select non-U.S. markets in the fourth quarter. He said search referral traffic was down meaningfully in the third quarter and dropped by more than 1 million referrals per week in October, and that logged-in users improve ad targeting, engagement, data protection, and compliance with new rules.

A Logitech report says workers feel the least control over their tech at the office, where lagging video calls and clumsy device changes are common. It found 64% of employees say poor tech quality leads to frustration, anxiety or anger, and 46% report feeling helpless, embarrassed or exhausted. Another 58% have monthly wrist pain, eye strain or neck fatigue from their setup.