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May 17, 2020, 4:20 PM
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| 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 …
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New York Times, CNET, Decrypt, Engadget, and The Verge
| 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: @levie, @mims, @senatorshoshana, @mims, @profjeffjarviss, @sarthakgh, @stephanierieger, and @mims
| 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.
Tweets: @pierce
| 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, @sassal0x, @katie_haun, @kimbatronic, @brian_armstrong, and @counternotions
| 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, and @mdudas
| Edvard Pettersson / Bloomberg: |
Ubisoft sues Apple and Google for selling Alibaba's Area F2 game, which it claims is a “near carbon copy” of Rainbow Six: Siege — Ubisoft Entertainment SA sued Apple Inc. and Google LLC, accusing the companies of selling a ripoff of its popular video game “Tom Clancy's Rainbow Six: Siege.”
More:
Engadget, Digital Trends, Rock, Paper, Shotgun, TechSpot, iPhone in Canada Blog, MacRumors, Game Rant, Kotaku, GameSpot, AppleInsider, 9to5Mac, Dot Esports, and Android Central. Tweets: @chrisonmobile
| 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:
BleepingComputer, Cointelegraph, Cado Security, Security Affairs, Slashdot, and Dark Reading
Tweets: @paulsparrows, @littllemel, and @teriradichel
| Daniel Zuidijk / Bloomberg: |
Trump tweet accuses Facebook, Instagram, Twitter, and Google of control by the “Radical Left”, says his administration is working to remedy “illegal situation” — - U.S. President scolds Facebook, Google, Twitter in a tweet — Trump says he is ‘working to remedy this illegal situation’
More:
The Daily Dot and Seeking Alpha
| 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.| Issie Lapowsky / Protocol: |
John Borthwick, one of Giphy's early investors and board members, describes how the Facebook deal came about and says talks began in late March — John Borthwick was one of Giphy's first believers. The company, which Facebook just bought for a reported $400 million, launched in 2013 out of Betaworks …
More:
The Verge, Ars Technica, and OneZero
Tweets: @jbenton, @giphy, @reapercancelled, @safepress, @kateo, @vivekxk, @techaltar, @vectorpoem, @bran_dj, @telegram, @glenngabe, @timgrieve, @hynek, @moxie, @kellymakena, @slpng_giants, @facebook, @willoremus, @xor, @karynelevy, @mathewi, @om, and @bizcarson
| 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.| 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 … Sponsor Posts
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Pro tips: 5 ways to simplify invoicing and payments in Zoho Books — Many businesses still rely on manual processes to collect payments and reconcile invoices. This often results in delayed payments …
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books — Many businesses still rely on manual processes to collect payments and reconcile invoices. This often results in delayed payments …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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