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May 11, 2023, 2:40 PM
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memeorandum
WeSmirchTop News
| Reuters: |
EU lawmakers agree to ban facial recognition use in public and predictive policing tools, and set transparency rules on generative AI; details must be finalized — European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT …
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The Verge, Euractiv, SiliconANGLE, Fox Business, TNW, European Parliament, PYMNTS.com, OnMSFT.com, Insider, Financial Times, PC Gamer, Watcher Guru, Politico, Cointelegraph, and Slashdot
Tweets:
@jjvincent, @guyverhofstadt, @ndiakopoulos, @bertuzluca, @ndiakopoulos, @europarlpress, @jduch, @bertuzluca, and @sarahchander
| Karissa Bell / Engadget: |
Twitter rolls out encrypted DMs, but both sender and recipient must be Blue subscribers, group messages are not supported, and message metadata is not encrypted — There are still some major limitations to the feature. — Twitter is beginning to roll out its long-promised encrypted direct messaging feature.
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Wired, Twitter Help Center, Gizmodo, crnkovic.dev, CNN, TechCrunch, The Verge, Mashable, PCMag, Silicon Republic, BleepingComputer, Techdirt, iMore, SlashGear, MobileSyrup, Ars Technica, MSPoweruser, gHacks Technology News, Techlusive, Neowin, MediaNama, Security Affairs, 9to5Mac, WeRSM, The Hacker News, GSMArena.com, iThinkDifferent, WRAL TechWire, Cryptopolitan, CNBC, The Register, PYMNTS.com, New York Post, and Tech Startups
Tweets:
@jsrailton, @paulmillr, @rmac18, @cstanley, @scalzi, @harrymccracken, @sweis, @a_greenberg, @evan_greer, @katebevan, @mjg59, @mjg59, @samfbiddle, @kateconger, @rmac18, @rmac18, @samfbiddle, @matthew_d_green, and @matthew_d_green
| Sergiu Gatlan / BleepingComputer: |
Industrial cybersecurity company Dragos says a known cybercrime group accessed its SharePoint cloud service on May 8 but failed to breach its internal network — Industrial cybersecurity company Dragos today disclosed what it describes as a “cybersecurity event” after a known cybercrime gang attempted …
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Dragos, Dark Reading, Cybersecurity Dive, PCMag, Bloomberg, Metacurity, TechRadar, SC Media, Infosecurity, CRN, CyberScoop, Security Affairs, SecurityWeek, and DataBreaches.net
Mastodon:
@dannyjpalmer@infosec.exchange, @metacurity@infosec.exchange, and @campuscodi@mastodon.social
Tweets:
@dragosinc, @arekfurt, @bushidotoken, @kostastsale, @snlyngaas, and @vxunderground
| Brady Snyder / XDA Developers: |
Google launches a Labs webpage where users can join waitlists to test the company's early feature and product ideas, including Search and Workspace AI tools — Google is using artificial intelligence to improve its existing products, and you can sign up to try them in Labs now. Here's how to get started.| Kyle Wiggers / TechCrunch: |
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The Keyword, PCWorld, ZDNet, Billboard, Wired, Music Ally, methodshop, 9to5Google, MakeUseOf, Engadget, and NextPit
| Jagmeet Singh / TechCrunch: |
WhatsApp rolls out updates to tackle spam calls, particularly prevalent in India right now, using its AI and ML systems, hoping to reduce the rate by 50%+ — WhatsApp has announced that it has introduced back-end updates to tackle spam calls, which are particularly prevalent in India right now.| Bloomberg: |
SoftBank reports Vision Fund lost ~$2B in Q4, down from ~$16B in Q4 2022, leading to a record ~$32B full fiscal year loss; investments in the year fell to ~$3B — SoftBank Group Corp. lost money in its Vision Fund investment unit again despite a rebound in tech stocks … | Ted Chiang / New Yorker: |
Similar to McKinsey and other consulting firms, AI advancements may help concentrate wealth, disempower workers, and “sharpen the knife blade of capitalism” — As it's currently imagined, the technology promises to concentrate wealth and disempower workers. Is an alternative possible?
More:
The Overspill. Mastodon:
@cblgh@merveilles.town. Tweets:
@jjvincent, @danmcquillan, @elliemarney, @artificialnix, @chrispolpsych, @hardmaru, @tozozozo, @delia_cai, @helenlohara, and @delia_cai
| Ryan Gallagher / Bloomberg: |
A look at Tel Aviv-based Rayzone, whose surveillance system Echo, sold to governments globally, harvests and repurposes ad data to track people via their phones — The innovation at the heart of the advertising technology industry is automated auctions to trade real-time data about mobile phone users …
Tweets:
@rj_gallagher and @nervusbelli
| Matthew Gault / VICE: |
Twitter appears to have disabled autocomplete in its search bar after users pointed out that it was recommending gory videos of animal abuse and war footage — Searching for dog and cat videos returned horrifying results. — Matthew Gault — Twitter has disabled autocomplete …
Mastodon:
@grumpasaurus@fosstodon.org. Tweets:
@oneunderscore__, @mountainherder, @katienotopoulos, @phmai, and @thejasonkirk
| Bob Van Voris / Bloomberg: |
A US judge sentences Nickolas Sharp, who worked for Ubiquiti, to six years in prison, rejecting the claim that his data theft made the IoT manufacturer safer — An engineer who worked for billionaire Robert Pera's Ubiquiti Inc. got six years in prison after a judge rejected his claim … | Siddharth Venkataramakrishnan / Financial Times: |
Revolut says CFO Mikko Salovaara plans to leave “for personal reasons”, two months after CEO James Radford left, as the company waits for a UK banking license — Exits of Mikko Salovaara and James Radford follow last year's exodus of executives
More:
PYMNTS.com, Reuters, CNBC, Bloomberg, AltFi, The Economic Times, Finextra, and Tech Startups. Tweets:
@ryan_browne_
| Jamie Crawley / CoinDesk: |
Robinhood reports $38M in Q1 2023 crypto trading revenue, down 30% YoY and down 1% QoQ, and ~$11.5B worth of crypto in assets under custody, up 36% from Q4 2022 — The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% versus the fourth quarter.| Alvise Armellini / Reuters: |
Italy's AGCM opens an investigation into Apple over exempting its own apps from ATT, a day after the EU confirmed sending Apple Pay questionnaires to retailers — Italy's antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple (AAPL.O) for alleged abuse of its dominant position in the apps market.
More:
AppleInsider, 9to5Mac, Forbes, MacDailyNews, Reuters, Light Reading, TechCrunch, Patently Apple, and PYMNTS.com
| Brian Krebs / Krebs on Security: |
Microsoft releases 49 security fixes for Windows, Outlook, and other software, including for two zero-day vulnerabilities being actively exploited in the wild — Microsoft today released software updates to fix at least four dozen security holes in its Windows operating systems and other software … | Sean Hollister / The Verge: |
Review of the $700 Asus ROG Ally: fast performance and a smooth variable refresh screen, but Windows is hard to use on a handheld and the UI has major glitches — A big step forward for Windows handhelds — but is Windows the way forward at all? … Windows handheld gaming PCs existed before the Deck …
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IGN, Windows Central, Engadget, Ars Technica, Thurrott, PCMag, The Verge, Dexerto, Digital Trends, XDA Developers, PC Gamer, Xbox Wire, Liliputing, Destructoid, VG247, VentureBeat, Tech Advisor, TweakTown, BigTechWire, Guru3D.com, SlashGear, OnMSFT.com, Phoronix, Wired, Polygon, TalkAndroid.com, Laptop Mag, Pure Xbox, Rock, Paper, Shotgun, Gameranx, iPhone in Canada Blog, Wccftech, GameSpot, 9to5Toys, Game Rant, and Pocket-lint
| New York Times: |
Taiwan's chip sector, built by TSMC's skilled workers, risks losing its global dominance due to a demographic crisis, demanding work culture, and competing jobs — Taiwan's world-dominating microchip sector was built by TSMC's skilled employees. But a demographic crisis … | Vansh Agarwal / Reuters: |
Sonos stock falls 20%+ after reporting Q2 revenue down 24% YoY to $304.2M and forecasts annual revenue between $1.63B and $1.68B, down from $1.7B to $1.8B — Sonos Inc (SONO.O) was set to shed more than a fifth of its market valuation on Thursday after a revenue forecast cut fueled worries …
More:
Sonos, Thurrott, and Digital Trends
| Tiyashi Datta / Reuters: |
JD.com reports Q1 revenue up 1% YoY to ~$35B, beating analyst estimates, and a ~$903M net income, compared to a ~$555M net loss in Q1 2022 — China's e-commerce giant JD.com Inc (9618.HK), said on Thursday its chief executive Xu Lei will step down, with the company's chief financial officer taking on the role.
More:
Tech in Asia and Reuters
| Bloomberg: |
Tech companies increasingly hire in South and Central America because remote workers there often accept lower pay than in the US but have the same time zones — Pandemic-era labor shortages made it hard for Austin-based Fetch Package Inc. to fill positions in the US.| Jennifer Maas / Variety: |
Disney reports Q2 Disney+ subscribers down 2% QoQ to 157.8M, vs. ~163M est, its second straight quarterly drop, ESPN+ up 2% QoQ to 25.3M, and Hulu flat at 48.2M — On the bright side, the Mouse House also managed to narrow its streaming business losses by $400 million, down 26% year over year.| Lillian Rizzo / CNBC: |
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The Motley Fool, Android Authority, XDA Developers, MacRumors, Deadline, Variety, New York Times, TechRadar, Droid Life, Fortune, Tom's Guide, The Verge, Silicon Republic, Tech Advisor, The Streamable, The Hill, Cord Cutters News, iDownloadBlog.com, Quartz, Neowin, AdExchanger, TechCrunch, MarketWatch, BBC, The Hollywood Reporter, Adweek, Gizmodo, USA Today, Appleosophy, Digital Trends, NBC News, Associated Press, GameSpot, The Information, BGR, Bloomberg, Slashdot, and IGN. LinkedIn:
Ryan Ford
| Ingrid Lunden / TechCrunch: |
Brisbane-based edtech startup Go1 acquires Berlin-based Blinkist, which offers 15-minute summaries of non-fiction books, and raised $30M from Insight Partners — After raising $100 million at a valuation of over $2 billion last year, the Australian ed-tech startup Go1 is making an acquisition … | Dylan Tokar / Wall Street Journal: |
A look at Microsoft's Trust Code compliance training video series, headed into season seven, that has hooked employees with popular characters and cliffhangers — Instead of a finger-wagging snoozer about corporate misbehavior, ‘Trust Code’ has flawed characters, dramatic cliffhangers and fans worldwide
Tweets:
@knash99, @saraheneedleman, @ajbrewer, @jordannovet, and @jenniferlevitz
| Tracy Wang / CoinDesk: |
Filings: the US Internal Revenue Service filed claims worth nearly $44B against FTX's companies, including a $20.4B claim against Alameda for partnership taxes — The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.
More:
Unchained Crypto, Bloomberg, Cointelegraph, NewsBTC, Coinpedia Fintech News, crypto.news, DL News, Crypto Daily, CryptoPotato, Cryptonews, and Micky
Tweets:
@gaborgurbacs, @smtuffy, @laurashin, @lopp, @contangojosh, @johnedeaton1, @jeffkirdeikis, @erikvoorhees, @cryptoncoffeee, and @coindesk
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