| Connor Jones / The Register: |
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company — First glimpse at attack financials reveals huge pain — UnitedHealth, parent company of ransomware-besieged Change Healthcare … | Rob Golum / Bloomberg: |
Filing: Take-Two plans to lay off 5% of its workforce, expecting to incur up to $200M in charges as part of the downsizing, including $140M from canceled titles — The company sees expenses of up to $200 million as part of the effort, including as much as $140 million from canceled projects … | Priya Anand / Bloomberg: |
Sensor Tower: Naval Ravikant and Brian Norgard's audio-focused invitation-only social app Airchat has been downloaded 30K+ times since it relaunched this month — - The app feels like a combination of voice notes and Twitter — Invite-only Airchat has won over VCs and early adopters| Dell Cameron / Wired: |
The Senate is set to vote on RISAA, which reauthorizes FISA's Section 702 and could force new types of businesses to eavesdrop on Americans without a warrant — A controversial bill reauthorizing the Section 702 spy program may force whole new categories of businesses to eavesdrop … | Financial Times: |
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board — Agreement is latest move by US tech group to extend its reach into fast-growing sector — Microsoft has agreed to invest $1.5bn … | Bloomberg: |
| Abner Li / 9to5Google: |
YouTube strengthens its “enforcement on third-party apps” violating its ToS, “specifically ad-blocking apps”, leading to error messages and “buffering issues” — Following the ad blocker crackdown, YouTube is explicitly going after third-party … | Benjamin Sandofsky / Sandofsky: |
How Humane's attempt to build its Ai Pin “The Apple Way” led to disastrous results, after taking six years to build it and raising $230M — Why You Can't Build Apple with Venture Capital — An ex-Apple designer who went on to startup success once told me … | Kyle Wiggers / TechCrunch: |
The Linux Foundation announces the Open Platform for Enterprise AI, to foster the development of open, multi-provider, and composable generative AI systems — Can generative AI designed for the enterprise (for example, AI that autocompletes reports, spreadsheet formulas and so on) ever be interoperable?| Raphael Satter / Reuters: |
The Open Source Security Foundation and the OpenJS Foundation say the attempt to insert a secret backdoor into XZ Utils “may not be an isolated incident” — The recent attempt by an unknown actor to sabotage a widely used software program may have been one of several attempts … | The Cloudflare Blog: |
Cloudflare says its network saw DNS-based DDoS attacks increase by 80% YoY in Q1 2024, with attacks on Sweden surging by 466% after its acceptance into NATO — Welcome to the 17th edition of Cloudflare's DDoS threat report. This edition covers the DDoS threat landscape along with key findings … | Natasha Lomas / TechCrunch: |
Apple debuts web distribution of iOS apps to EU users, allowing qualifying devs who opt in to its Core Technology Fee to offer direct downloads from their sites — Apple is opening up web distribution for iOS apps targeting users in the European Union from today.| Lizette Chapman / Bloomberg: |
Andreessen Horowitz raised $7.2B, including $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4% — Andreessen Horowitz, one of Silicon Valley's biggest venture capital firms, has raised $7.2 billion in new funding — a sizable haul after a rocky period for the startup world.| TechCrunch: |
Sources: HR tech startup Rippling plans to close a Series F at a valuation as high as $13.4B, after a $200M injection plus $670M in shares sold by stockholders — The round could total $870M, including $670M worth of secondary — Late stage HRtech startup Rippling is raising new capital.| PA Media: |
The UK proposes legislation to outlaw creating sexually explicit deepfake photos without consent, regardless of whether creators intended to share the images — Offenders could face jail if image is widely shared under proposed amendment to criminal justice bill| Mark Bergen / Bloomberg: |
Kontakt.io, whose software and Bluetooth devices help hospital managers make decisions about patients, beds, and equipment, raised $47.5M from Goldman Sachs — - Bank invests $47.5 million into health care location-tracking — Kontakt.io plans to build out AI system for hospital decisions| Pierluigi Paganini / Security Affairs: |
Resecurity: malicious cyber activities targeting the Philippines, like cyberattacks and misinformation campaigns, grew 300%+ YoY in Q1, as China tensions rise — Amidst rising tensions with China in the SCS, Resecurity observed a spike in malicious cyber activity targeting the Philippines in Q1 2024.
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| Todd Spangler / Variety: |
| Paul Alcorn / Tom's Hardware: |
| Jane Lanhee Lee / Bloomberg: |
| Vittoria Elliott / Wired: |
| Natasha Lomas / TechCrunch: |
| Jennifer A. Kingson / Axios: |
| Stephen Nellis / Reuters: |