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Techmeme
August 26, 2023, 12:55 PM
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Top News

Jonathan Greig / The Record:
Cisco Talos: North Korea's Lazarus is using a new malware variant to target internet backbone infrastructure and healthcare entities in Europe and the US  —  A notorious hacking group working on behalf of the North Korean government is using a new strain of malware to attack healthcare entities …
Natasha Lomas / TechCrunch:
The EU's DSA goes into effect, forcing platforms like Facebook, Instagram, YouTube, and TikTok to let users opt out of profiling-based content recommendations  —  Internet users in the European Union are logging on to a quiet revolution on mainstream social networks today: The ability to say ‘no thanks’ to being attention hacked by AI.
Jack Schickler / CoinDesk:
FTX, Genesis, and BlockFi customer data is compromised after a SIM swap against an employee of Kroll, which manages creditor claims for the bankrupt companies  —  A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies.  —  Register Now
Joe Wituschek / BGR:
X launches a private beta of X Hiring, a job posting feature for verified organizations, allowing them to “organically reach millions of relevant candidates”  —  Who goes to LinkedIn to look for a job?  Nah, those days are over.  X is the new place to find your next employer.
New York Times:
Sources: a company spending $800M+ to buy thousands of acres to build a new Bay Area city is backed by Michael Moritz, Reid Hoffman, Marc Andreessen, and others  —  A mysterious company has spent $800 million in an effort to buy thousands of acres of San Francisco Bay Area land.
Natasha Singer / New York Times:
Despite cheating and misinformation fears, some US schools that once raced to block AI chatbot access are now encouraging teachers and students to use them  —  Some districts that once raced to block A.I. chatbots are now trying to embrace them.  —  For decades, Walla Walla High School …
Eri Sugiura / Financial Times:
Huawei and Ericsson renew a multiyear global patent cross-licensing deal for 5G and other tech; Huawei owns 20% of global 5G patents, the most of any company  —  Agreement gives Chinese group a boost after being subject to bans in Europe and the US  —  Huawei has sealed a multiyear patent …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, August 26, 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

Reuters:
A US federal judge orders the Trump administration to lift its White House ban on CNN, MS NOW, and Politico for 14 days, calling it likely unconstitutional

Wall Street Journal:
Sources: MGM Resorts is weighing a bid to purchase Barry Diller's People Incorporated, after Diller withdrew People's bid to buy MGM; People holds ~27% of MGM

Todd Spangler / Variety:
Paramount says it is raising another $7.5B in debt to pay for its WBD acquisition and pay down other debt, bringing the total debt it intends to raise to $44.4B

More News

Ana Paula Pereira / Cointelegraph:
Nansen: ~90% of PayPal's stablecoin is held in issuer Paxos Trust's wallets, suggesting a “lack of demand from crypto users for PYUSD” that launched on August 7
Annie Palmer / CNBC:
E-commerce marketing company Klaviyo files for a US IPO and reports H1 2023 revenue of ~$321M, vs. ~$208M YoY, and $15.2M net income, vs. a $24.6M net loss YoY
Dan Primack / Axios:
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Washington Post:
How Meta and YouTube, battered by content moderation wars, are following X in retreating from policing political misinformation, raising US 2024 election fears

Earlier Picks

Ryan Smith / AnandTech:
AMD announces new Radeon RX 7000 series video cards, the $449 RX 7700 XT and the $499 7800 XT, based on its new Navi 32 GPU and aimed at the 1440p gaming market
Wall Street Journal:
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
AJ Vicens / CyberScoop:
Microsoft says Flax Typhoon, a hacking group active since mid-2021 with suspected Beijing ties, is targeting dozens of organizations in Taiwan, and elsewhere
Yueqi Yang / Bloomberg:
Mastercard and Binance plan to end their Latin America and Middle East card partnership on September 22; Visa stopped issuing Binance cards in Europe in July
Brody Ford / Bloomberg:
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
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