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LONDON (Reuters) -British police said on Tuesday that they had arrested two people on suspicion of computer misuse and blackmail following a cyberattack on a London childcare company in which data on more than 8,000 children was stolen. The hackers declined to say how much money they were demanding from Kido International, which operates 18 nurseries in Greater London that typically serve babies up to 5-year-olds. The gang, which identifies itself as Radiant, reported on the attack on its dark web portal last month. It evidenced its claim by publishing the names, photos, home addresses and family contact information of 10 children it said attended one of Kido's centres. London's Metropolitan Police said the two men, aged 17 and 22, were arrested and taken into custody, where they will remain for questioning. The arrests followed an operation at several residential properties in the town of Bishop's Stortford. The hack, which raises serious concerns about child safeguarding and data privacy, was the latest in a string of serious ransomware incidents in Britain that have rocked businesses in Britain this year. (Reporting by Catarina Demony; Editing by Cynthia Osterman)

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By Abhirup Roy and Harshita Mary Varghese (Reuters) -Tesla rolled out "affordable" versions of its best-selling Model Y SUV and its Model 3 sedan, but the starting prices of $39,990 and $36,990 were too high, some said, to attract a new class of buyers to the electric vehicle brand. CEO Elon Musk has touted the car as a way to tap a wider swath of buyers, saying last year that a price below $30,000, after incentives, was the key. Tesla is trying to reverse falling sales of its aging lineup amid rising competition in Europe and China, and the loss of a $7,500 U.S. tax credit. The new cars drop some premium finishes and features but offer driving ranges above 300 miles. Tesla's stock closed down 4.5% and Tesla bull Dan Ives, an analyst at Wedbush, said he was disappointed that the cars were only about $5,000 cheaper than the next-level trims of the models. The new Standard versions cost more than the cheapest U.S. models in September, when the now-expired tax credit was included. Musk has for years promised mass-market vehicles, though last year he canceled plans for an all-new $25,000 EV, Reuters first reported. Instead, he chose to build lower-priced versions based on Tesla's current models, sparking concerns among investors and analysts that the cheaper cars would cannibalize sales of existing vehicles and limit growth. "It's basically a pricing lever and not much of a product catalyst," said Shay Boloor, chief market strategist at research firm Futurum Equities. "I don't see it as unlocking new demand at scale." Fearing a drop in demand after losing the tax credits, some automakers in the U.S. have already cut prices while some others have figured out mechanisms to effectively extend the benefit of the incentives. Investors and analysts said dropping the price below $40,000 will help drive sales as the latest offerings compete next year with Chevrolet's Equinox, Hyundai Ioniq 5 and Kia's EV4. Some, though, expected a bigger slash by Tesla to below $30,000. "I just don't know that this is enough," said Shawn Campbell, an advisor at Camelthorn Investments. "Longer term, this news doesn't solve the problem posed by lower cost Chinese competitors in global markets. In my opinion, Tesla needs a sub-30k EV." In Europe, where Musk's far-right political views have undermined brand loyalty, the new entries will be up against more than a dozen electric and plug-in-hybrid models with price tags below $30,000. Sales in the September-ending quarter rose to a record as consumers rushed to take advantage of the EV tax credit before its expiration on September 30, but expectations are that they will slow down for the rest of the year, unless the affordable car comes to the rescue. "The desire to buy the car is very high. (It's) just (that) people don't have enough money in the bank account to buy it," Musk said in July during Tesla's second-quarter earnings call. "So the more affordable we can make the car, the better." 'A WALMART HOODIE' FOR TESLA Both Standard versions offer 321 miles (516 km) of range and less powerful acceleration than the current higher trims, called Premium. The Model 3 includes a smaller battery pack. Both cars can be ordered immediately, with deliveries set to start between December 2025 and January 2026 for many locations, Tesla's website showed.  The Standard versions do not come with Autosteer, Tesla's driver assistance system, touchscreens and seat heating for rear passengers. Tesla has also removed the LED lightbar in the cheaper Model Y. Both come with textile seats, with vegan leather available for the Model 3, and manually adjusted side-view mirrors.  Musk has been pivoting the company toward artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to hopes of near-term revenue growth. "For the market, this is Tesla dropping its Steve Jobs turtleneck and slipping into a Walmart hoodie," said Michael Ashley Schulman, chief investment officer at Running Point. "It's no longer the cool rebel at the edge of innovation – it's the establishment trying to play both Tesla and Toyota at once." (Reporting by Abhirup Roy in San Francisco and Akash Sriram and Harshita Mary Varghese in Bengaluru; Editing by Peter Henderson, Richard Chang, Sriraj Kalluvila and Alan Barona)

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By Milana Vinn (Reuters) -Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its potential in supporting artificial intelligence development. The software provider is working with an investment bank on the sale process, which is in its early stages and was instigated after both private equity firms and other technology companies expressed their interest to the company in buying it, the sources said. The company has a market capitalization of approximately $7 billion, but its stock is trading around 26% lower year-to-date. Some of the sources noted while Confluent's technology is highly sought-after, it became vulnerable to takeover approaches when its stock price dived in July, when it reported losing business from a large customer. The sources cautioned that no deal is guaranteed and Confluent could ultimately remain independent. They also spoke on condition of anonymity because the discussions are confidential. Confluent did not immediately respond to a comment request. Mountain View, California-based Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models. The company was founded by the original creators of Apache Kafka, a popular open-source technology that helps companies process huge torrents of data in real time, from bank transactions to website clicks. Confluent commercializes Kafka, providing enterprise-grade features, services, and support to major corporations worldwide. The interest in Confluent highlights a surge in demand for data infrastructure companies, fueled by the corporate race to develop generative artificial intelligence. In May, Salesforce agreed to acquire software maker Informatica for approximately $8 billion to bolster its AI capabilities by integrating Informatica's data management, integration, and governance tools into the Salesforce platform. (Reporting by Milana Vinn in New York; Editing by David French and Christopher Cushing)

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