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May 21, 2023, 1:25 AM
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memeorandum
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| Neeva: |
Neeva, co-founded by ex-Google ad head Sridhar Ramaswamy, plans to shut down its ad-free search engine on June 2 due to a “vastly changed search environment” — We started Neeva with the mission to take search back to its users. Having worked on search and search ads for over a decade … | Kellen Browning / New York Times: |
Unable to turn a profit amid fewer hours watched, some US esports organizations lay off staff, end star player contracts, or even sell their teams at a loss — At least two organizations in America's most prominent league for professional video game players are selling their teams, underscoring the industry's uncertain future.
More:
Dot Esports. Tweets:
@austinj, @kellen_browning, @kellen_browning, @kellen_browning, and @kellen_browning
| Rebekah Valentine / IGN: |
China's State Administration approves Microsoft's $69B acquisition of Activision Blizzard, joining a total of 37 regulators globally, including the EU and Japan — Thirty-seven total regulators have voiced approval thus far. — China's State Administration has approved Microsoft's attempted …
More:
Seeking Alpha, WinBuzzer, Metro.co.uk, OnMSFT.com, Windows Central, Game Rant, Neowin, GameSpot, TweakTown, Wccftech, Pocket Gamer.biz, Gameranx, and Pure Xbox
Tweets:
@tomwarren, @gadget_ry, and @tomwarren
| MacKenzie Sigalos / CNBC: |
How crypto hunters help people going through a divorce find their spouse's hidden crypto stashes, following the trail of tokens as they “hop” across blockchains — - Financial infidelity has become increasingly sophisticated, as investors “hop” coins across blockchains and sink their cash into metaverse properties.| Jon Brodkin / Ars Technica: |
Filing: AT&T asked the FCC to block a SpaceX/T-Mobile plan that lets Starlink service areas lacking T-Mobile coverage, saying “the FCC's rules do not permit” it — AT&T and rural telcos say Starlink-fueled phone service would cause interference.
More:
FCC, Cord Cutters News, PhoneArena, Engadget, The Verge, CNET, Bloomberg, Light Reading, and DatacenterDynamics
| Reuters: |
Leaders of the G7 nations call for the development and adoption of global AI standards and to “take stock of the opportunities and challenges of generative AI” — Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of international technical standards … | Andy Greenberg / Wired: |
A history of Turla, an APT that is the “premiere espionage tool” of Russia's FSB, in operation for 25+ years, with its Snake malware in use for nearly 20 years — From USB worms to satellite-based hacking, Russia's FSB hackers, known as Turla, have spent 25 years distinguishing themselves as “adversary number one.”
LinkedIn:
Andy Greenberg
| Charlie Savage / New York Times: |
A US court finds the FBI misused a FISA Section 702 database 278K+ times from 2020 to 2021, as national security agencies lobby Congress to reauthorize the law — The bureau made changes after the newly revealed violations of rules for querying messages intercepted under an expiring warrantless surveillance law.
More:
Washington Post, Politico, Reuters, INTEL, Reclaim The Net, Fast Company, The Hill, Associated Press, and The Messenger
LinkedIn:
Frank Scafidi. Tweets:
@kimzetter, @thejohnnantz, @tolmanbrett, @gleemie, @yegg, @aclu, @washingtonpost, and @jim_jordan
| Jessica Maddox / Wired: |
A look at the issues fomented by a decentralized web, including a rise in conspiratorial thinking due to more siloed online spaces and increasing app fatigue — From social networks to crypto, independently run servers are being touted as a solution to the internet's problems.
Mastodon:
@PrivacyDigest@mas.to, @jerry@infosec.exchange, and @kissane@mstdn.social
Tweets:
@ohmdee, @dimariebragg, and @drjessmaddox
| Kyle Wiggers / TechCrunch: |
NYC-based Percent, which operates a private credit marketplace, raised a $29.7M Series B led by White Star Capital, bringing its total funding to $48.2M — In 2018, Nelson Chu founded Percent with the goal of bringing investors, borrowers and underwriters together to modernize private credit.
More:
Fintech Futures, Percent, Fintech Global, PitchBook, and Crowdfund Insider
| Madeleine Ngo / New York Times: |
The US could be on the cusp of a chipmaking boom, with 50+ projects announced since the CHIPS Act, but officials worry the industry could face a worker shortage — Strengthened by billions of federal dollars, semiconductor companies plan to create thousands of jobs.
Tweets:
@crampell, @congressmanraja, and @rweingarten
| Financial Times: |
Sources: Meta and Magic Leap are in talks for a multiyear deal in which Magic Leap could provide IP licensing and contract manufacturing for Meta's AR products — Social media giant seeks technologies to help create an avatar-filled ‘metaverse’ — Facebook's parent company is in talks …
More:
TechCrunch and TechSpot
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| Byron Kaye / Reuters: |
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