The Treasury Department announces a major hacking incident, technology billionaires’ wealth soared in 2024, and Israel flexes its AI powers at war — all this and more in your Tuesday Tech Drop.

By Raphael Satter and AJ Vicens WASHINGTON (Reuters) -Chinese state-sponsored hackers breached the U.S. Treasury Department's computer security guardrails this month and stole documents in what Treasury called a "major incident,

So what we know so far is that Treasury was informed on December 8th by this third party provider beyond Trust, that there had been a hack that was eventually traced to a Chinese state sponsored hacking group.