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Techmeme
August 11, 2023, 5:05 PM
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Top News

Luc Cohen / Reuters:
A US judge revokes SBF's bail after the DOJ accused him of tampering with witnesses, such as by sharing former Alameda CEO Caroline Ellison's diary with the NYT  —  Sam Bankman-Fried's bail was revoked ahead of his October fraud trial, a U.S. judge said on Friday, after prosecutors accused …
Andrew J. Hawkins / The Verge:
After a contentious public hearing, the California Public Utilities Commission allows Waymo and Cruise to operate driverless cabs 24/7 throughout San Francisco  —  Waymo and Cruise were approved to operate their robotaxi services 24/7 in San Francisco after a contentious six-hour public hearing …
Bloomberg:
Sources: the US Cyber Safety Review Board, created by Biden, plans to investigate cloud computing attacks, such as the recent government email Microsoft breach  —  - Cyber Safety Review Board to examine targeting of cloud  — Senator Wyden had called for investigations of Microsoft
Lawrence Abrams / BleepingComputer:
Poland arrests five people as Europol and the DOJ take down the Lolek “bulletproof” hosting provider for allegedly facilitating Netwalker ransomware attacks  —  Update 8/11/23: Updated with information from DOJ about alleged Netwalker Ransomware involvement.
Lorenzo Franceschi-Bicchierai / TechCrunch:
Researchers deployed exposed Windows servers as honeypots for hackers, recording 190M events and 100 hours of video of their actions, like installing malware  —  Imagine being able to sit behind a hacker and observe them take control of a computer and play around with it.
Financial Times:
US VC and PE firms are assessing how Biden's executive order on Chinese tech impacts their holdings and are weighing strategies to comply or exit China  —  Private equity and venture capital funds targeted in Biden administration's crackdown  —  After President Joe Biden announced a ban …
Victoria Song / The Verge:
How yesteryear's screenless fitness bands were largely replaced by either more powerful and cheaper smartwatches or wearables with pricey monthly subscriptions  —  Smartwatches are the default wearable option these days, but why is it so hard to find simple yet affordable alternatives like the fitness bands of yesteryear?
More: The Verge.  Forums: r/technews
Josh Taylor / The Guardian:
At an Australian parliamentary hearing, an X executive defended restoring a user who shared CSAM as an example of posting “out of outrage to raise awareness”  —  At Australian parliamentary hearing, company points to content being shared ‘out of outrage to raise awareness of an issue’
Frederic Lardinois / TechCrunch:
Oracle, SUSE, and CIQ launch the Open Enterprise Linux Association to foster RHEL-based distribution development, after Red Hat limited RHEL source code access  —  The fallout from Red Hat's recent decision to make it harder to access to the source code of its flagship Red Hat Enterprise Linux (RHEL) distribution continues.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:05 PM ET, August 11, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
Memo: PBS is cutting its current budget by 21% and reducing dues paid by local stations by $35M to deal with Congress' decision to eliminate ~$500M in funding

Murray Stassen / Music Business Worldwide:
Sources: Chord Music Partners, a music rights investment vehicle, raised $2B+ so far in a round due to close in October; Searchlight Capital has invested $400M

Raquel ‘Rocky’ Harris / The Wrap:
The LA Times Guild plans to hold its first-ever strike authorization vote as contract talks near their third year; the union lost about 200 members since 2022

More News

Ivan Mehta / TechCrunch:
X lowers its eligibility threshold for ad revenue sharing from 15M to 5M impressions in the past three months; Musk: “only views from verified handles count”
Yueqi Yang / Bloomberg:
Circle has $1B+ in cash and had $779M in revenue in H1 2023, compared to $772M for all of 2022; USDC in circulation is down to ~$26B from ~$45B in January 2023

Earlier Picks

Reuters:
Filing: Bittrex agrees to pay $24M to settle US SEC claims that the crypto exchange failed to register with the agency; Bittrex doesn't admit to the allegations
Emma Roth / The Verge:
CISA releases a report detailing Lapsus$'s key techniques, calls for passwordless logins, and asks the FTC and the FCC for stricter SIM swapping protections
Justine Calma / The Verge:
Google, American Airlines, and Bill Gates' fund Breakthrough Energy partner to use AI to chart more sustainable flights by avoiding routes that create contrails
Rosie Perper / CoinDesk:
Y00ts, once a top Solana-based NFT project and that moved to Polygon in December 2022, plans to migrate to Ethereum and to return its $3M grant from Polygon
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