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December 8, 2022, 4:45 AM
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WeSmirchTop News
| Wall Street Journal: |
Apple plans to launch Advanced Data Protection, offering E2EE on iCloud backups, Notes, Photos, and more, in the US in 2022 and globally including China in 2023 — ‘Advanced Data Protection’ will offer end-to-end encryption on iCloud backups, Notes, Photos and other services—a step that may draw ire from law enforcement
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Apple, Washington Post, Wall Street Journal on YouTube, Apple Support, Silicon Republic, Computerworld, Wired, MarketWatch, 9to5Mac, Six Colors, TechCircle, BGR India, iPhone Hacks, Fossbytes, Digit, gHacks Technology News, The Overspill, MacRumors, The Register, Associated Press, BankInfoSecurity.com, @JosephMenn@infosec.exchange, CNN, CNET, Digital Trends, BuzzFeed News, WeRSM, Firstpost Tech, The Verge, SiliconANGLE, Philip Elmer‑DeWitt, Tom's Guide, BleepingComputer, SecurityWeek, Patently Apple, A Few Thoughts …, Macworld, Michael Tsai, Daring Fireball, @mattblaze@federate.social, Fight for the Future, MobileSyrup, iPhone in Canada Blog, CyberScoop, @jonnyevans@vivaldi.net, Apple Must, PCMag, @evangreer@mastodon.online, @mattblaze@federate.social, and @mattblaze@federate.social
Tweets: @matthew_d_green, @joannastern, @bobmcmillan, @fredericjacobs, @davemorin, @paulbernaluk, @brandonbutch, @film_girl, @joannastern, @matthew_d_green, @samfbiddle, @zollotech, @dnvolz, @ericgeller, @matthew_d_green, @wcathcart, @mabb0tt, @joannastern, @ahess247, @justinamash, @scobleizer, @anthony, @kashhill, @w7voa, @wcathcart, @alexeheath, @markgurman, @mer__edith, @sethforprivacy, @film_girl, @shiraovide, @joannastern, @rsgnl, and @mqsullivan
| Lily Hay Newman / Wired: |
Apple won't launch its CSAM detection tool for iCloud photos, instead focusing its anti-CSAM efforts on the Communication Safety features launched in 2021 — The company plans to expand its Communication Safety features, which aim to disrupt the sharing of child sexual abuse material at the source.| Chance Miller / 9to5Mac: |
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The Verge, Android Authority, Reuters, MacRumors, Gizmodo, iThinkDifferent, The Record, Wccftech, Michael Tsai, SlashGear, and iDownloadBlog.com
Tweets: @parkerortolani, @rsgnl, @ericgeller, @blowdart, and @seanwrightsec
| New York Times: |
Sources: US prosecutors are investigating whether Sam Bankman-Fried manipulated TerraUSD and LUNA markets, triggering the cryptocurrencies' collapse in May — Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
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CoinDesk, Bloomberg, Coffeezilla on YouTube, Bitcoinist.com, CryptoPotato, Watcher Guru, The Crypto Basic, Cointelegraph, CoinGape, PYMNTS.com, Decrypt, The Block, and Reuters
Tweets: @fatmanterra, @stablekwon, @stablekwon, @mayazi, @addytheyoung, @joevezz, @scottmelker, @marionawfal, @cryptogodjohn, @wallstreetbets, @alex_valaitis, @davidzmorris, @stablekwon, @stablekwon, @frxresearch, @fintechfrank, @coinbureau, @coffeebreak_yt, @yaffebellany, @carlquintanilla, @fintechfrank, @miguelvias, @hsakatrades, @flitteronfraud, @hsakatrades, @mmasnick, @uriklarman, @justinwolfers, @trengriffin, @mslopatto, and @stablekwon
| Kollen Post / The Block: |
The US Senate Banking Committee calls on SBF to testify on December 14, one day after a similar House hearing; House lawmakers are also weighing a subpoena — - The Senate committee wants Sam Bankman-Fried to testify the day after he's been told to testify in the House of Representatives …
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CNBC, Crypto Daily, The Crypto Basic, Watcher Guru, CoinDesk, Cointelegraph, The Block, Forkast, and Decrypt
| Erin Woo / The Information: |
Source: Twitter plans to change Twitter Blue's pricing to $11 per month for iOS users, likely due to Apple's App Store fees, and to $7 per month on the web — Twitter has informed some employees that it plans to change the pricing of its Twitter Blue subscription product to $7 if users pay …
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MacRumors, TechCrunch, The Verge, Engadget, Reuters, Fossbytes, Mashable, Neowin, Digital Trends, BGR India, FOSS Patents, Reuters, and CoinGape
Tweets: @stockmktnewz, @hbkirb, @frediculous, @joshuaogundu, @culturecrave, @dez_blanchfield, @mattnavarra, @sawyermerritt, @erinkwoo, and @mikeelgan
| Kris Holt / Engadget: |
Epic launches Cabined Accounts, a new type of account for kids under 13 that needs parental consent, rolling out in Fortnite, Rocket League, and Fall Guys — It says ‘cabined accounts’ offer a ‘new way for kids to join the metaverse.’ — Epic Games is rolling out a new type of account …
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Epic Games Store, Epic Games, VentureBeat, Press Start, The Verge, and SlashGear
| Wall Street Journal: |
How tensions grew between Salesforce co-CEOs Marc Benioff and Bret Taylor for months; sources say Benioff was frustrated about how Taylor was spending his time — Exit of Bret Taylor from role he has shared for about a year wasn't long planned — The Tech Sector Is Taking a Beating. Here's Why.
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Insider and MarketWatch
Tweets: @aaronklein, @gregbensinger, @marceloplima, @goldman, and @laurenthomas
| Mike Masnick / Techdirt: |
Debunking claims on Twitter handling the Hunter Biden laptop story, including that Twitter engaged in election interference or violated the First Amendment — from the just-helping-you-out-here dept — Hello! Someone has referred you to this post because you've said something quite wrong … | Jeremy Hill / Bloomberg: |
A US bankruptcy judge orders Celsius to return ~$50M crypto deposits in non-interest bearing custody accounts, pending a decision on interest-bearing accounts — US Bankruptcy Judge Martin Glenn ordered Celsius Network LLC to return cryptocurrency that never touched the lender's interest-bearing accounts to its customers.
More:
The Block, crypto.news, CryptoPotato, CoinDesk, PYMNTS.com, Reuters, and Cointelegraph
Tweets: @lex_node, @mayazi, and @johnedeaton1
| Jordan Novet / CNBC: |
The Pentagon awards Amazon, Google, Microsoft, and Oracle cloud contracts worth up to $9B in total through 2028 under the Joint Warfighting Cloud Capability — - Of the four companies receiving cloud-computing contracts from the Pentagon, all of them had received requests for bids from the U.S. federal agency last year.
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Tech Monitor, Associated Press, Washington …, Nextgov, GeekWire, Reuters, SiliconANGLE, New York Times, Newser, Financial Times, The Register, FedScoop, and CRN
Tweets: @levynews and @markthompson_dc
| Semafor: |
Sources: in January 2018, Alameda took loans worth $116M from Skype co-founder Jaan Tallinn and philanthropist Luke Ding, both backers of “effective altruism” — The big money behind Alameda Research, the sister trading firm of crypto exchange FTX, came from two influential backers …
Tweets: @whet, @cryptonator1337, @lizrhoffman, @reedalbergotti, @mikekoob, @timnitgebru, @woodhull, @timnitgebru, @lizrhoffman, @kifleswing, @stevekrak, @lmatsakis, @timnitgebru, @timnitgebru, @reedalbergotti, @blmckean, @billhobson1, @gully1965, @semafor, @larskraegeling, @reedalbergotti, @prashantrao, and @semaforben
| Miles Kruppa / Wall Street Journal: |
Google plans to merge Waze's 500+ employees with its Maps group, starting on December 9; Waze will remain a standalone service and its CEO plans to leave — Search giant to keep navigation apps separate, says no layoffs are planned — How Google Remapped the World: The Tech Behind| Eduard Kovacs / SecurityWeek: |
Pwn2Own Toronto 2022: on the first day, participants earned $400K total for new exploits targeting Samsung Galaxy S22, printers, routers, and NAS devices — On the first day of the Pwn2Own Toronto 2022 hacking competition, participants earned a total of $400,000 for new exploits targeting phones, printers, routers and NAS devices.
More:
Zero Day Initiative, Forbes, BleepingComputer, Tenable TechBlog, Phandroid, Cyber Security News, and HotHardware. Tweets: @thezdi
| Mary Ann Azevedo / TechCrunch: |
Plaid lays off approximately 260 employees, or 20% of its workforce, citing macroeconomic conditions; the company was valued at ~$13.4B in April 2021 — CEO says the fintech company ‘hired and invested ahead of revenue growth’ — Fintech decacorn Plaid is laying off 260 employees …
More:
Plaid, San Francisco Chronicle, MarketWatch, Payments Dive, and The Information
Tweets: @noahpinion, @nmasc_, @ron_miller, and @alphabetworkers
| Paul Sawers / TechCrunch: |
Drata, which uses automation to help companies adhere to compliance frameworks, raised a $200M Series C led by Iconiq Growth and GGV Capital at a $2B valuation — Drata, a security compliance and automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR … | Aisha Malik / TechCrunch: |
Instagram expands its Account Status hub to add transparency tools to help users with professional accounts learn if their content is eligible to be recommended — Instagram announced today that it's introducing new transparency tools so you can see whether your photos and videos are recommended in the app.
More:
Instagram, TechRadar, BGR India, The Verge, The Atlantic, Social Media Today, and XDA Developers
Tweets: @signalapp, @andymstone, @andymstone, @liahaberman, and @liahaberman
| Cecilia Kang / New York Times: |
Indiana's AG sues TikTok for allegedly deceiving users on China's data access and for exposing kids to mature content, the first state lawsuits against TikTok — The lawsuits are the first by an American state against TikTok, which is owned by the Chinese company ByteDance, in a sign of mounting legal pressure.| Shawna Chen / Axios: |
| Bloomberg: |
Filings: Masayoshi Son's SoftBank stake grew from 32.2% in end-September to 34.2%, up from 26.7% in March 2019, granting additional rights over mergers and more — Masayoshi Son has quietly tightened his grip on SoftBank Group Corp. during a tumultuous market downturn … | Mark Matousek / The Information: |
Sources: the SEC is investigating whether messaging app IRL misled investors; IRL raised $170M from SoftBank's Vision Fund 2 at a $1.17B valuation in June 2021 — The Securities and Exchange Commission has been investigating whether SoftBank-backed messaging app IRL violated securities laws … | Mary Ann Azevedo / TechCrunch: |
Austin-based Setpoint, whose software helps companies close loan transactions faster, raised a $43M Series A led by a16z and aims to be the “Stripe for credit” — Setpoint, a startup that has built software to help other companies close loan transactions faster … | Suzanne Smalley / CyberScoop: |
The annual US defense policy bill contains significant spending increases for US Cyber Command and other efforts to bolster national cybersecurity defenses — Congress is poised to vote in coming days on an $858 billion annual defense policy bill that contains significant spending increases …
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The Record
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