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September 14, 2023, 5:25 AM
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| Dan Primack / Axios: |
Arm prices its 95.5M shares at $51 a piece, raising $4.87B in 2023's largest IPO so far and giving the company a fully diluted valuation of ~$54.5B — Arm, the British chip design giant controlled by SoftBank, has raised nearly $5 billion in its initial public offering.| Suzanne Rowan Kelleher / Forbes: |
MGM Resorts' website is still down over 60 hours after being hit by a cyberattack; ransomware-as-a-service group ALPHV, aka BlackCat, reportedly took credit — The ALPHV/BlackCat ransomware group claimed responsibility for a breach that began, of all places, on LinkedIn.
More: Engadget, CNBC, Cybernews.com, Hackread, Gizmodo, Infosecurity, SiliconANGLE, USA Today, WANE-TV, and Wall Street Journal
Mastodon: @zackwhittaker@mastodon.social, @GossiTheDog@cyberplace.social, @racheltobac@infosec.exchange, @da_667@infosec.exchange, and @hn50@social.lansky.name
LinkedIn: Noah Stanford and Christina Lekati
| William Turton / Bloomberg: |
Sources: Caesars Entertainment paid tens of millions of dollars to hackers who breached the company's systems in recent weeks and threatened to release the data — - Hackers stole data, extorted company, people familiar said — Caesars breach came in weeks before MGM announced cyberattack
More: Wall Street Journal, Benzinga, Fortune, Fox 5 Las Vegas, iTnews, PYMNTS.com, Casino.org, and Reuters
| Alex Ivanovs / Stack Diary: |
Chrome, Firefox, Brave, and Edge get updates to address an actively exploited flaw in the WebP Codec's library libwebp; many non-browser apps are also affected — A significant vulnerability in the WebP Codec has been unearthed, prompting major browser vendors, including Google and Mozilla …
More: Krebs on Security, Google Chrome Releases, Ars Technica, Mozilla, National Vulnerability …, The Verge, SecurityWeek, SC Media, BigTechWire, Tech Monitor, Security Boulevard, and BleepingComputer
Mastodon: @shlee@aus.social, @pootriarch@eldritch.cafe, and @PaulCzege@dice.camp
X: @kwilsonmg, @blackorbird, @stackdiary, @reversetor, @codepo8, @mkupperman, @stackdiary, and @reversetor
LinkedIn: Brian Krebs and Drex DeFord
Forums: Hacker News and Slashdot
| Wall Street Journal: |
The US Senate's AI Insight Forum: Elon Musk warned of AI risks, Mark Zuckerberg defended open source, all guests agreed the US needs to regulate AI, and more — Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session
More: New York Times, Meta, NBC News, Bloomberg, CNBC, Social Media Today, Insider, CNN, SiliconANGLE, SecurityWeek, The Information, New York Post, Fox Business, The Verge, The Hill, Senate Democratic Leadership, Fox News, The US Sun, ABC News, Axios, The Guardian, CIO Dive, Washington Post, U.S. Senator Ed Markey …, Reuters, Tech Xplore, Nextgov/FCW, and NPR
Threads: @senatorlujan, @senatorlujan, and @senatorlujan
| Louise Matsakis / Semafor: |
Google cuts hundreds from its global recruiting team, saying “the volume of requests for our recruiters has gone down”, but plans to keep a significant majority — Google is laying off hundreds of people across its global recruiting team as hiring at the tech giant continues to slow.| Kat Bailey / IGN: |
Unity acknowledges the “confusion and frustration” about its planned install fees but argues that “more than 90% of our customers will not be affected” — Platform holder claims “90 percent of users” won't be affected by change. — Game developers are still furious …
More: DEVCLASS, Decrypt, Push Square, TweakTown, and Nintendo World Report Updates
X: @unity, @georgebsocial, @chrisdeleon, @nukefist, @kurtruslfanclub, @stephentotilo, @campster, @cabel, @quinnypig, @paultassi, @jmrivera02, and @honestduane. Forums: Ars OpenForum
| Jez Corden / Windows Central: |
More: Game Developer, Ars Technica, garry.net, 404 Media, Axios, GamesIndustry.biz, Unity Forum, GamingBolt, GoNintendo, Video Games Chronicle, GameSpot, ExtremeTech, TechSpot, Forbes, and Game Developer
Threads: @quillmatiq, @migueldeicaza, @tomwarrenuk, and @joreljordan
Mastodon: @segphault@mastodon.social, @gamingonlinux@mastodon.social, @wiverson@mas.to, @vampiress@eigenmagic.net, @shibacomputer@post.lurk.org, @Toadsanime@mas.to, @vampiress@eigenmagic.net, and @helvetica@mastodon …
Bluesky: @carlivelocci.com, @holdenlink.bsky.social, @syus.bsky.social, and @slawadeisling.bsky.social
X: @aggrocrabgames, @innerslothdevs, @unity, @stephentotilo, @massivemonster, @desolusdev, @writnelson, @scotttrichmond, @mikeisaac, @tomwarren, @tkexpress11, @henryhoffman, @eric_seufert, @eric_seufert, @tha_rami, @samueldeats, @madewithgodot, @tempolabgames, @dgoodayle, @zaccacts, @jesawyer, @necrosofty, @tafferking451, @mikeisaac, @docsquiddy, @stephentotilo, @theswweet, @adamatomic, @willmesilane, @madscientist212, @tha_rami, @patstaresat, @chrisdeleon, @jacobjanerka, @duskdev, @necrosofty, @succinct_punchy, @mkatorin, @alexstrook, @larsiusprime, @komegatze, @kriswolfheart, @tha_rami, @lazerwalker, @dominictarason, @lazerwalker, @edmondtran, @mortredenjoyer, @kriswolfheart, @kenneynl, @comrade_waluigi, @unity, @mikeisaac, @pimdewitte, @kurtruslfanclub, @chronotope, @henryhoffman, @migueldeicaza, @philippseifried, @alykkat, and @stephentotilo. LinkedIn: Rami Ismail
| Sarah Perez / TechCrunch: |
Amazon announces generative AI tools to help sellers write “captivating product descriptions, titles, and listing details” and add to existing descriptions — Amazon today introduced a new set of generative AI tools aimed at sellers which the retailer says will simplify the process of creating product listings.
More: About Amazon, Tech News Outlet, BGR, PYMNTS.com, ChannelX, Search Engine Journal, CNBC, SlashGear, Engadget, and PCMag
| Wall Street Journal: |
Docs: Starlink reported $1.4B in 2022 revenue, up from $222M in 2021, falling short of projections in 2015, as some question satellite internet's growth options — Revenue at Elon Musk's satellite-internet business has jumped but has fallen short of plans — SpaceX's satellite-internet division …
More: Ars Technica, CNBC, Gizmodo, The Verge, BigTechWire, and The Information
Mastodon: @waldoj@mastodon.social and @Jonathanglick@mstdn.social
X: @tmfassociates and @knowledge_vital
Forums: r/technology, r/spacex, r/Starlink, and r/Starlink
| Taylor Lorenz / Rolling Stone: |
Extremely Online book excerpt: how Julia Allison invented the concept of a content creator in the mid-2000s, for which journalists and others villainized her — In her book ‘Extremely Online,’ journalist Taylor Lorenz details how Julia Allison invented the concept of being a content creator a decade before it caught on| Bloomberg: |
The White House is watching China expand its government ban on iPhones “with concern” and says the move appears to be “aggressive and inappropriate retaliation” — - National Security Council is watching issue with concern — Beijing cites problems with the security of Apple devices
More: CNBC, The Federalist, AppleInsider, Cybernews.com, 9to5Mac, PhoneArena, Reuters, and Bloomberg
| Reuters: |
The US SEC says the creator of Stoner Cats NFTs, which raised $8.2M, agreed to pay a $1M fine for an unregistered offering and plans to return investors' money — The creator of the popular Stoner Cats animated web series will pay a $1 million civil fine to settle U.S. Securities …
More: US Securities …, Web3 is Going Just Great, Fortune, Coinpedia Fintech News, The Daily Hodl, NewsBTC, Crowdfund Insider, Gizmodo, TechCrunch, Cryptopolitan, Mashable, Decrypt, crypto.news, Music Ally, The Verge, Crypto Daily, Bitcoin News, The Hollywood Reporter, CryptoSlate, Deadline, Variety, Bloomberg, Protos, Cointelegraph, CryptoGlobe, and The Block
X: @prestonjbyrne, @r89capital, @functi0nzer0, @loopifyyy, @eliana_esq, @loopifyyy, @timccopeland, @fintechfrank, @ungarino, and @dogetoshi. Forums: r/CryptoCurrency
| Aisha Malik / TechCrunch: |
TikTok expands its revamped creator fund Creativity Program Beta beyond the US to eligible creators in Brazil, France, Germany, Japan, South Korea, and the UK — TikTok is expanding its revamped creator fund, called the “Creativity Program Beta,” beyond the United States.
More: MediaPost, Music Ally, and Social Media Today
| Tyler Cowen / Bloomberg: |
Child content creators, or “kidfluencers”, some of whom make $20M+/year, show that protecting kids from labor exploitation is difficult in the social media age — Protecting children from labor exploitation is difficult in the age of social media.
X: @anecdotal, @idealpatricia, @tylercowen, and @bobonmarkets
| Mariana Lenharo / Nature: |
Researchers develop RETFound, an AI tool capable of predicting the risk of ocular diseases, heart failure, Parkinson's disease, and more based on retinal images — Scientists have developed an artificial intelligence (AI) tool capable of diagnosing and predicting the risk …
More: Nature. X: @pearsekeane, @yukunzhou19, @pearsekeane, @yukunzhou19, @erictopol, @vivnat, and @faresantaki. Forums: r/science
| Dan Taylor / Tech.eu: |
Tallinn-based digital forensics and incident response tools provider Binalyze raised a $19M Series A led by Molten Ventures, taking its total funding to ~$30M — Binalyze, a London-based cybersecurity firm, raises $19 million in Series A funding to expand its digital forensics and incident response solutions in the market.
More: Binalyze, TechCrunch, Silicon Republic, SiliconANGLE, SecurityWeek, FinSMEs, and FinSMEs
| Lucinda Shen / Axios: |
Chicago-based Kin Insurance, which uses thousands of data points to provide personalized home insurance, raised a $33M Series D extension at a $1B+ valuation — Nearly two years after walking away from a SPAC deal, Kin Insurance has raised $33 million in Series D extension funding … | Newley Purnell / Wall Street Journal: |
Top10VPN: the government's internet shutdowns in India between 2019 and 2022 cost $4.8B+ in economic activity and affected more than 120M people in 2022 — Online sellers and ride-hailing drivers count the cost as authorities cut off the internet more than in any other country
X: @catcheronthesly, @sushantsin, @newley, and @newley
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