| CNN: |
A Hong Kong-based firm's employee was tricked into paying $25M to fraudsters who used deepfake tech to pose as the company's CFO and staff during a video call — A finance worker at a multinational firm was tricked into paying out $25 million to fraudsters using deepfake technology to pose … | Daniel Thomas / Financial Times: |
UK's Reach strikes a deal with Amazon for “contextual” first-party data to target online ads, as the media industry responds to end of third party cookies — Media sector scrambles to deal with fallout from phase out of cross-website trackers — Tech giant Amazon has struck … | Sylvia Westall / Bloomberg: |
Yandex plans to sell its entire Russian business, including its popular search engine, to a group led by Yandex management in a deal valued at about $5.2B — - Dutch-registered firm reaches agreement to sell Russian unit — Fallout from the war in Ukraine forced tech giant to split up| Tom Warren / The Verge: |
Source: Microsoft's Bethesda considers bringing the new Indiana Jones game to PS5, months after Xbox and PC release, as part of a new multi-platform approach — Bethesda's upcoming Indiana Jones game is also tentatively set to launch on Sony's PlayStation 5 console.| Lucas Shaw / Bloomberg: |
A look at UMG's TikTok retreat, stemming from issues like low payouts and a lack of assurances on fighting deepfakes, and TikTok's role in the music industry — We're about to find out how important TikTok is to the music industry. — Happy Grammy Sunday to those of you who celebrate.| Paul Sawers / TechCrunch: |
Thoma Bravo takes critical event management software company Everbridge private in a $1.5B all-cash deal; Everbridge had a market cap of $6.4B in 2021 — Everbridge, a critical event management (CEM) software company, is going private in a $1.5 billion all-cash deal that will see it taken over by private equity giant Thoma Bravo.| Sandali Handagama / CoinDesk: |
Montenegro's government says it has extradited Han Chang-joon, the former CFO of Terraform Labs, to South Korea — Han Chang-joon was charged with carrying falsified travel documents alongside Terra co-founder Do Kwon last year. — Register Now — Han Chang-joon, the former CFO of Terraform Labs … | Kim Bhasin / Bloomberg: |
StatusPro, which makes a first-person simulation NFL game for VR headsets, raised a $20M Series A led by GV — - The $20 million funding round is set to be announced Monday — Google has poked its way into the extended reality industry … The $20 million round set to be announced Monday … | Rohan Goswami / CNBC: |
Snap plans to lay off 10% of its global workforce, or around 529 employees — Social media company Snap said on Monday that it would lay off 10% of its global workforce, or around 529 employees. — Snap shares were up around 1% in pre-market trading. — This is breaking news.| Financial Times: |
Sources: the UK shelved plans to publish rules on the training of AI models using copyrighted material, after artists and tech groups failed to agree terms — Government-led talks stall as artists and tech groups fail to agree terms over access to copyrighted work| Karissa Bell / Engadget: |
Oversight Board upholds Meta's decision to leave up a maliciously edited video of Biden but calls on Meta to update its “incoherent” manipulated media policy — However, the board said Meta should update its “incoherent” manipulated media policy.| Will Canny / CoinDesk: |
Oobit, which lets consumers pay using crypto while merchants receive fiat currency, raised a $25M Series A led by the investment arm of Tether and others — The round also included participation from Anatoly Yakovenko, the co-founder of Solana. — Register Now
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| Umar Farooq / ProPublica: |
| Gabriel J.X. Dance / New York Times: |
| Rebecca Jennings / Vox: |
| Danny Crichton / Securities: |