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November 3, 2021, 1:15 PM
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| Catalin Cimpanu / The Record: |
US sanctions four companies, including NSO Group, that sell spyware or hacking tools, adding them to a list of entities engaging in “malicious cyber activities” — The US government has sanctioned today four companies that develop and sell spyware and other hacking tools, the US Department of Commerce announced today.| Frank Chaparro / The Block: |
Coinbase confirms it is testing Coinbase One, a subscription service that internal docs show could feature zero trading fees and prioritized phone support — Quick Take — Coinbase is testing out a new subscription service, dubbed Coinbase One — The service would give users access to more features such as zero-fee trading| Catalin Cimpanu / The Record: |
CISA creates a catalog of known exploited vulnerabilities, including from Apple and Google, and orders federal agencies to apply patches within timeframes — The US Cybersecurity and Infrastructure Security Agency has established today a public catalog of vulnerabilities known to be exploited …
More:
CISA, BleepingComputer, PCMag, The Verge, Bloomberg, 9to5Mac, TechCrunch, and FedScoop
Tweets: @ericgeller, @cisainfrasec, @kpyke, @campuscodi, @daveaitel, @jimlangevin, @gossithedog, and @ericgeller
| Joseph Cox / VICE: |
A look at the booming market for bots that steal 2FA codes, often using SMS services like Twilio, to break into Coinbase, Amazon, PayPal, and bank accounts — The bots convincingly and effortlessly help hackers break into Coinbase, Amazon, PayPal, and bank accounts. — Joseph Cox
More:
The Sun. Tweets: @josephfcox, @motherboard, @rzol, @josephfcox, @josephfcox, @josephfcox, @motherboard, @josephfcox, @josephfcox, @josephfcox, @josephfcox, @josephfcox, @spencerdailey, @racheltobac, @timmarchman, and @jason_koebler
| Paulina Duran / Reuters: |
Australia's largest bank Commonwealth Bank to become the country's first to offer customers crypto services, including cryptocurrency trading via its app — Commonwealth Bank of Australia will become the country's first to offer retail clients crypto services, Australia's largest bank said on Wednesday …
More:
CommBank, Australian Financial Review, Coinspeaker, Australian Financial Review, Bitcoin Magazine, and Cointelegraph
Tweets: @cbanewsroom, @commbank, and @chainalysis
| Frederic Lardinois / TechCrunch: |
GitHub CEO Nat Friedman is stepping down on November 15; Thomas Dohmke, who became chief product officer in August, will take over as CEO — GitHub CEO Nat Friedman is stepping down from his role on November 15 to become the Chairman Emeritus of the Microsoft-owned service.
More:
GeekWire, Bloomberg, The Verge, Protocol, ZDNet, CNBC, and MSPoweruser
Tweets: @natfriedman, @natfriedman, @natfriedman, @natfriedman, @sbisson, @ericabrescia, and @github. Thanks:@colegarry2
| Taylor Soper / GeekWire: |
Zillow says it is shutting down its home buying business, laying off ~2,000 employees, and taking a write down of $500M+; stock drops 10%+ — Zillow Group's ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end. — The Seattle online real estate giant …
More:
Bloomberg, CNBC, Zillow Group, Inc., Stratechery, KnowTechie, Wall Street Journal, VICE, Insider, The Seattle Times, Fast Company, Mercury News, Gizmodo, New York Times, MarketWatch, and CNN
Tweets: @opendoor, @adamnash, @jowens510, @kelseyhightower, @lt3000lyall, @darrenrovell, @derektmead, @jeffnolan, @business, @pmddomingos, @toddhagopian, @carnage4life, @jonfortt, @paul_essen, @seldo, @samro, @dangeiger79, @xerxeswuff, @ajlatrace, @carnage4life, @kyweise, @killedbygoogle, @mikeisaac, @jowens510, and @jowens510. Thanks:@kslosh
| James Vincent / The Verge: |
Google News will return to Spain “early next year” following a change to Spain's copyright laws that will let Google negotiate fees with individual publishers — Spain has changed its copyright law in accordance with EU legislation — Who should get paid when big tech platforms aggregate news stories?
More:
The Keyword, Search Engine Land, Bloomberg, CNET, Engadget, and Reuters
Tweets: @googlenews, @pedrodias, and @googleeurope
| Campbell Kwan / ZDNet: |
A joint probe by Australia and UK's Information Commissioners finds Clearview AI collected data on 3B+ people by indiscriminately scraping info from the web — Despite uncovering Clearview AI's intrusive practices, Australia's Information Commissioner conceded that the number of Australians …
Source:
Office of the Australian Information Commissioner. More:
The Guardian, The Verge, BuzzFeed News, TechCrunch, iTnews, Reuters, and Silicon Republic
Tweets: @kashhill, @privacyint, @rmac18, @jason_kint, @oaicgov, @joshgnosis, @arielbogle, and @andrewtychen
| New York Times: |
Meta plans to shut down Facebook's decade-old facial recognition system this month, deleting the face scan data of 1B+ users following legal and regulatory woes — Saying it wants “to find the right balance” with the technology, the social network will delete the face scan data of more than one billion users.
More:
Meta, Ars Technica, Wired, Common Dreams, Electronic Frontier Foundation, BBC, Reuters, iPhone in Canada Blog, Android Headlines, HackRead, Digital Photography Review, Social Media Today, govtech.com, VICE, Mashable, BetaNews, The Hacker News, Tech in Asia, MediaNama, Pocket-lint, fossbytes.com, The Overspill, PhoneArena, Wccftech, Pocketnow, XDA Developers, TechCircle, The Verge, iThinkDifferent, Telecoms.com, Gamereactor UK, Benzinga, and TechSpot
Tweets: @kashhill, @nytimes, @kevinbankston, @jovialjoy, @kashhill, @swodinsky, @katecrawford, @eff, @kharijohnson, @xor, @aprilaser, @neontaster, @tomgara, @shiraovide, @rmac18, @katienotopoulos, @samfbiddle, @charlescearl, @rajiinio, @petermdenton, @aprilaser, @rmac18, @caseyjohnston, @shahidforchange, @broderick, @aprilaser, @blackamazon, @edzitron, @guntruth, @akianastasiou, @evacide, @om, @om, @om, @jt_teran, @brianbrackeen, @eculliford, @jfreewright, @marshacollier, @peninsulaqatar, @rmac18, @slpng_giants, @katienotopoulos, @digiphile, @stephenpunwasi, @rcalo, @jbadomics, @alexhern, @jason_grosse, @jkosseff, @donie, @mattburgess1, @kashhill, @jason_kint, @nickwatts1988, and @jonrosenberg
| Reuters: |
Tencent announces a cloud operating system called Orca and three chips, one for AI, another for video processing, and a chip for high-performance networks — Chinese technology giant Tencent Holdings (0700.HK) touted progress in semiconductor chip development and investment on Wednesday … | Reuters: |
Chinese central bank official says around 140M people opened wallets for digital yuan as of October and used it for transactions totaling around $9.7B — Some 140 million people had opened “wallets” for China's new digital yuan as of October and used it for transactions totalling around 62 billion yuan …
More:
Bloomberg, Crypto Briefing, Coinspeaker, Cointelegraph, and CoinDesk
| Eli Tan / CoinDesk: |
Faze Technologies, which wants to launch a Cricket NFT marketplace and build “the metaverse for cricket”, raises a $17.4M seed led by Tiger Global — Tiger Global led a $17.4 million seed round for Faze Technologies, the company announced Wednesday.| Kyle Wiggers / VentureBeat: |
HoneyBook, which offers business management tools to SMBs and freelancers, raises a $250M Series E led by Tiger Global at a $2.4B valuation, up from $1B+ in May — HoneyBook, a client management and financial platform for independent contractors, today announced that it raised $250 million …
More:
Crunchbase News, FinLedger, Globes Online, and TechCrunch
| David Uberti / Wall Street Journal: |
A look at the hurdles the FTC faces in strengthening online privacy, including budgetary constraints, personnel changes, and potential legal pushback — Agency wants to tackle data privacy after years of legislative inaction, but Congress is likely to control whether FTC has budget to do so| Catalin Cimpanu / The Record: |
The criminal group behind BlackMatter ransomware announces plans to shut down the operation, citing “pressure from the authorities” — The criminal group behind the BlackMatter ransomware have announced plans today to shut down their operation, citing pressure from local authorities.| Ingrid Lunden / TechCrunch: |
Notable, which makes RPA-based tools to speed up health care administrative tasks, raises a $100M Series B led by Iconiq Growth at a $600M valuation — Timing is everything in healthcare — yet too often diagnoses, treatments and procedures are held up by paperwork, administrative red tape between patients …
More:
VentureBeat, Crunchbase News, and SiliconANGLE
| Zheping Huang / Bloomberg: |
Source: ByteDance co-founder Zhang Yiming, who stepped down as CEO in May, has left the board after stepping down as chairman; CEO Liang Rubo to become chairman — - Zhang announced in May he was giving up his CEO title — Chinese tech giant this week announced a restructuring
More:
Wall Street Journal, Forbes, CNBC, Coinspeaker, Financial Times, Nikkei Asia, Tech in Asia, Reuters, Insider, and Reuters. Tweets: @pingroma
| Cameron Faulkner / The Verge: |
Oculus rolls out v34, adding a Space Sense safety feature notifying users when objects, people, or animals intrude on a safe VR space, alongside other features — Version 34 is starting to roll out today — Fresh off of Meta's Connect 2021 keynote, where Grand Theft Auto …
More:
techadvisor.com, Oculus Blog, UploadVR, TechRadar, and Micky
Tweets: @starfire2258, @schrep, @thekenyeung, @olifranklin, @matinassi, @rufftalkvr, and @j_shepz
| Mike Minotti / VentureBeat: |
Activision Blizzard says Blizzard co-leader Jen Oneal is stepping down, leaving Mike Ybarra as sole leader; Oneal says she'll focus on diversity in the industry — Activision Blizzard announced today that Jen Oneal is stepping down from her role as Blizzard co-leader, which she started in August along with Mike Ybarra.
More:
Kotaku, Activision Publishing, Rock, Paper, Shotgun, Engadget, GameSpot, GamingBolt, MCV/DEVELOP, Twinfinite, and PC Games Insider
Tweets: @pezradar, @velocciraptor, @lepidopterrors, @blizzard_ent, and @jasonschreier
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