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October 10, 2023, 4:30 PM
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Top News

Jonathan Greig / The Record:
Amazon, Google, and Cloudflare say a DDoS attack hit 398M RPS in August 2023, ~8x larger than the prior record, due to a new flaw; Google mitigated the attack  —  Amazon, Google and Cloudflare said they detected the largest distributed denial-of-service (DDoS) attacks on record in August due to a newly discovered vulnerability.
Jess Weatherbed / The Verge:
Google starts prompting users to create a passkey to use as their account default, but says passwords will “still remain part of our lives as we make the pivot”  —  Google is making it easier for users to ditch passwords on their Google accounts in favor of passkeys — a fast …
Frederic Lardinois / TechCrunch:
Adobe debuts Firefly Image 2 Model in Firefly for the web; the model is larger than its predecessor, better at rendering humans, and coming to Creative Cloud  —  At MAX, its annual conference for creatives, Adobe today announced that it has updated the models that power Firefly, its generative AI image creation service.
Tom Warren / The Verge:
Sony announces a new $500 PS5 model with a detachable disc drive, 1TB of internal storage, and a slightly slimmer and shorter design, shipping in November  —  Sony officially announced a new PS5 model with a detachable disc drive and 1TB of internal storage.
Casey Newton / Platformer:
As X fails to moderate Israel-Hamas misinformation, Meta has an opportunity to make real-time news a pillar of Threads and give the app an existential purpose  —  Three months into its existence, the app's purpose may be coming into focus — if Meta will embrace it
More: Wired, The Verge, The Guardian, CNN, TechCrunch, Bloomberg, Rolling Stone, CNBC, Bloomberg, The i Paper, The Guardian, Media Matters for America, Engadget, Hindustan Times, Livemint, The Messenger, The Information, CNBC, Morning Brew, Telegraph, and Variety
Threads: @alex.stamos, @cwarzel, @mcuban, @vocino, @oliverdarcy, @parkert, @taylorlorenz, @carnage4life, @renee.diresta, @renee.diresta, @parkert, @technicallymims, @jaketapper, @drewharwell, @exhaustedfemalefounder, @reporterzoe, @azdataguru, @jason_whitman, @mollyjongfast, @alex.stamos, @mattbinder, @carnage4life, @mattbinder, @therealhoarse, @davidfrenchjag, @andykaczynski, @oliverdarcy, @freedom_official_p, @buccocapital, @timothyjchambers, @crumbler, @reporterzoe, @robertgarcialb, @malcontentmenttango, @ianbremmer, and @matthewfacciani
Mastodon: @TimKarr@mastodon.social, @chrischirp@fediscience.org, @carnage4life@mas.to, @Newmy@writing.exchange, and @mimsical@mastodon.social
X: @thierrybreton, @shayan86, @jason_kint, @shayan86, @shayan86, @shayan86, @oneunderscore__, @shayan86, @shayan86, @edzitron, @mattbinder, @stevanzetti, @shayan86, @daveyalba, @shayan86, @oneunderscore__, @daveyalba, @oneunderscore__, @shayan86, @kevinmkruse, @benedictevans, @rakeshlobster, @clarajeffery, @shayan86, @ianbremmer, @shayan86, @shayan86, @kevinmkruse, @shayan86, @shayan86, @shayan86, @rothschildmd, @shayan86, @dnvolz, @daithaigilbert, @anneapplebaum, @onthemedia, @jakemgrumbach, @nxthompson, @penamerica, and @shayan86
LinkedIn: Mark Little and Tomer Poran
Forums: r/technology, r/technology, and r/TheMajorityReport
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Erin Woo / The Information:
Sources: X shut down a tool for identifying coordinated disinformation campaigns in recent months, as the company moved services off Google Cloud to cut costs
Wired:
As the Israel-Hamas war escalates, a look at the role of hacktivism on both sides, supported by groups globally, including DDoSing Israeli government websites  —  Since the conflict escalated, hackers have targeted dozens of government websites and media outlets with defacements and DDoS attacks …
Ashley Capoot / CNBC:
Microsoft rolls out new tools in preview for health care organizations, including three new AI models for Azure AI Health Insights and an Azure AI Health Bot  —  - Microsoft introduced new tools in Microsoft Fabric and Azure AI for health-care organizations.
IDC:
Global PC shipments fell 7.6% YoY to 68.2M in Q3 2023; among the top five vendors, Apple experienced the largest decline, down 23.1%, and only HP grew, up 6.4%  —  The downward spiral for PC shipments continued during the third quarter of 2023 (3Q23) as global volumes declined 7.6% year …
Richard Lawler / The Verge:
X now lets users “limit replies to verified users”  —  The latest turn in the Elon Musk-directed platform X, previously known as Twitter, is that users can now block unverified accounts from replying to their posts.  —  This change arrives about 11 months after Musk launched paid verification …
Foo Yun Chee / Reuters:
Sources: EU regulators sent out questionnaires asking users and rivals whether iMessage, Bing, Edge, and Microsoft Advertising should be regulated under the DMA  —  EU antitrust regulators are asking Microsoft's (MSFT.O) users and rivals whether Bing should comply with new tough tech rules …
New York Times:
Caroline Ellison testifies SBF “directed” her to commit crimes like using FTX customer funds for Alameda Research's venture investments and loan repayments  —  Ms. Ellison, who also dated Mr. Bankman-Fried, is the government's star witness in the criminal fraud trial of the founder of the FTX crypto exchange.
Max A. Cherney / Reuters:
AMD plans to acquire Santa Clara-based Nod.ai, whose tech helps companies deploy AI models that are tuned for AMD's chips and has raised ~$36.5M, per PitchBook  —  AMD said on Tuesday it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities.

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From Mediagazer

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Sohee Kim / Bloomberg:
Indonesia's Vidio, a local streaming competitor to Netflix, aims to double its paid subscribers to 8M in the next two to three years ahead of an IPO

Clare Malone / New Yorker:
A look at Hunterbrook, whose hedge fund makes trades based on investigations by its newsroom, and well-connected founders Sam Koppelman and Nathaniel Horwitz

More News

Cristina Criddle / Financial Times:
Meta's Oversight Board plans to review Meta's manipulated content and deepfake policies after Facebook refused to remove a video describing Biden as a pedophile
Emily Nicolle / Bloomberg:
Analysis: Binance founder Changpeng Zhao's Industry Recovery Initiative, which offered $1B+ after FTX collapsed, has deployed less than $30M since November 2022

Earlier Picks

Blake Brittain / Reuters:
A US judge throws out a $32.5M jury verdict for Sonos in its smart speaker patent case against Google after finding that the Sonos patents were unenforceable
Queenie Wong / Los Angeles Times:
California Governor Gavin Newsom signs AB 1394, holding social media platforms liable for “knowingly facilitating” commercial CSAM, starting from January 2025
Dean Takahashi / VentureBeat:
Unity CEO John Riccitiello resigns in the wake of the company's fee controversy; Unity names former Red Hat President and CEO James Whitehurst as interim CEO
Brian McGleenon / The Block:
As the UK FCA widens its financial promotions rules for crypto, Coinbase, OKX, Binance, and others partner with UK companies to try to keep serving UK customers
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