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May 17, 2020, 10:05 PM
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| Christopher Mims / Wall Street Journal: |
A look at the grassroots movement of professional home bakers that have found a home on Etsy, where they can continue to be productive under lockdown — Homebound consumers are flocking to the site for scones, biscuits, breads, muffins, doughnuts and...alkaline tahini spelt cookies.
More:
Seeking Alpha. Tweets: @benthompson, @mims, @senatorshoshana, @mims, @profjeffjarviss, @sarthakgh, @stephanierieger, @levie, and @mims
| Chance Miller / 9to5Mac: |
Edison Mail says it has “rolled back” an iOS app update that gave a “small percentage” of users full access to other users' email accounts — Edison Mail is one of the more popular third-party email applications for iPhone, iPad, and Mac, but an apparent bug in the service is raising major privacy concerns.
More:
Daring Fireball, SlashGear, The Verge, Digital Trends, MacRumors, Softpedia News, Engadget, AppleInsider, and iPhone in Canada Blog
Tweets: @cabel, @cabel, @zackwhittaker, and @chancehmiller
| Bloomberg: |
Apple says it's reopening 25 US stores this week plus 12 stores in Canada, adding to nearly 100 global locations that have reopened so far — - Company has 100 stores back in operation after virus closures — Plans temperature checks and face coverings at every location
More:
Apple, MacRumors, 9to5Mac, CNBC, AppleInsider, and TechCrunch
Tweets: @markgurman, @reneritchie, and @ianmaude
| Brian Krebs / Krebs on Security: |
US Secret Service memo warns a crime ring is targeting state unemployment insurance programs to commit fraud by using data belonging to identity theft victims — A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state …
More:
New York Times, PYMNTS.com, CNET, The Verge, Engadget, and Decrypt
| Bloomberg: |
Chinese state-backed funds invest $2.25B in chip factory of local company Semiconductor Manufacturing International, amid US move to limit chips sold to Huawei — - State-backed funds invest in Semiconductor Manufacturing plant — China is aiming to increase monthly capacity by 5 times
Tweets: @mdudas and @next_china
| Seth Schiesel / Protocol: |
Jason Rubin, Facebook VP for special gaming initiatives, on how Facebook thinks about gaming and how Oculus Quest can get AAA games like Call of Duty — Jason Rubin, Facebook's vice president for special gaming initiatives, tells Protocol how Facebook thinks about gaming — and why streaming games are the future.| Manish Singh / TechCrunch: |
General Atlantic to invest $870M in Reliance Jio Platforms at a $65B valuation, joining Facebook, Silver Lake, and Vista Equity Partners among Jio investors — Mukesh Ambani's Jio Platforms has agreed to sell 1.34% stake to General Atlantic, the latest deal in a series of deals …
More:
The Next Web, Reuters, Moneycontrol, India TV, Bloomberg, Entrackr, and Livemint
Tweets: @generalatlantic, @yourstoryco, @mdudas, @tanayj, and @kanchangupta
| Catalin Cimpanu / ZDNet: |
Multiple supercomputers in some EU countries were hacked this week with crypto mining malware via compromised SSH credentials; evidence suggests a single actor — Confirmed infections have been reported in the UK, Germany, and Switzerland. Another suspected infection was reported in Spain.
More:
Cado Security, BleepingComputer, Cointelegraph, Security Affairs, InsideBitcoins.com, and Slashdot
Tweets: @paulsparrows, @littllemel, and @teriradichel
| Andreessen Horowitz: |
Analysis of ten years of cryptocurrency discussions and funding data shows repeated cycles of rising crypto activity followed by eventual “crypto winters” — People who've been in crypto for a long time view the space as evolving in cycles, alternating between periods of high activity and “crypto winters.”
More:
CryptoSlate. Tweets: @a16z, @mdudas, @counternotions, @kimbatronic, @sassal0x, @katie_haun, and @brian_armstrong
| South China Morning Post: |
While the pandemic has boosted recruitment at Chinese tech companies in some sectors, many smaller online companies have experienced job cuts and hiring freezes — In the first quarter of 2020, the number of Chinese recruitment postings across all industries fell 22.6 per cent compared … | Nir Kshetri / The Conversation: |
While only 1% of female internet security workers are in senior management positions, these underrepresented perspectives are critical in addressing cyber risks — Women are highly underrepresented in the field of cybersecurity. In 2017, women's share in the U.S. cybersecurity field was 14%, compared to 48% in the general workforce.| Martin Giles / Forbes: |
Gartner survey of IT leaders forecasts 8% YoY decline in global IT spending to $3.46T in 2020, vs. $3.76T in 2019, as budgets are slashed due to the pandemic — Another week brings another clear sign that CIOs are making deep budget cuts in response to the COVID-19 pandemic.Sponsor Posts
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