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April 17, 2024, 12:23 PM
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Andy Greenberg / Wired:
Mandiant links hacktivist group Cyber Army of Russia, which claimed to target utilities in France, the US, and Poland, to Russia-linked hacking group Sandworm  —  Cyber Army of Russia Reborn, a group with ties to the Kremlin's Sandworm unit, is crossing lines even that notorious cyberwarfare unit wouldn't dare to.
Josh Dzieza / The Verge:
How a network of repair ships helps maintain the estimated 800,000 miles of undersea internet cables; of the 77 cable ships, only 22 are designated for repair  —  Field's crew caught the cable on the first try and nearly had it aboard when the rope snapped and slipped back into the sea.
Sergiu Gatlan / BleepingComputer:
Current and former T-Mobile and Verizon employees say they are receiving texts offering up to $300 to perform a SIM swap; T-Mobile says it is investigating  —  Criminals are now texting T-Mobile and Verizon employees on their personal and work phones, trying to tempt them with cash to perform SIM swaps.
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 …
Steven T. Dennis / Bloomberg:
US Senators Cynthia Lummis and Kirsten Gillibrand propose a bill to regulate stablecoins; House and Senate lawmakers are pushing to pass a bill as soon as May  —  - Lummis, Gillibrand say their measure would protect consumers  — Brown wants combo with marijuana banking, executive clawbacks
Joseph Cox / 404 Media:
A look at Spy Pet, a Discord scraping service that claims to get data from 14K+ servers and 600M users, available for ~$5 in crypto; Discord is investigating  —  An online service is scraping Discord servers en masse, archiving and tracking users' messages and activity across servers including …
Cecilia D'Anastasio / Bloomberg:
Activision drops team entry fees for its professional Call of Duty League, and will return prior collected fees, as the esports industry faces profit challenges  —  The teams, including ones owned by sports-business billionaires Robert Kraft and Stan Kroenke, will no longer be required to pay …
Bloomberg:
How GitHub Copilot became responsible for a significant percentage of coding, despite its limitations; Stack Overflow: 54.8% of developers used Copilot in 2023  —  The assistant is saving engineers hundreds of hours a month and is helping GitHub retain its edge over rivals including Amazon and Google.
Samuel Stolton / Bloomberg:
Sources: the EU has decided that Microsoft's OpenAI deal doesn't merit a formal probe because it falls short of a takeover and Microsoft doesn't control OpenAI  —  - Regulators don't see evidence of Microsoft controlling OpenAI  — Formal probe could have risked EU order to unwind the tie-up
Matt Day / Bloomberg:
How Amazon developed Just Walk Out since the early 2010s, driven by Jeff Bezos, as the company removes the tech from stores while expanding third-party sales  —  The company is cutting back on the “Just Walk Out” tech in its own grocery locations. … The company outfitted it with technology that …
David Ljunggren / Reuters:
Canada plans to introduce a digital services tax on large tech companies, which could raise CA$5.9B over five years starting in FY 2024-2025; the US is opposed  —  Canada will press ahead with introduction of a digital services tax on large technology companies, which would raise C$5.9 billion …

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From Mediagazer

New York Times:
Sources: WBD staff are bracing for widespread layoffs as David Ellison wants $6B in “synergies”; the internal mood is grim as staff preferred Netflix's proposal

Ashley Carman / Bloomberg:
Inside the Podcast Business Summit and interviews with Kara Swisher, Adam Friedland, and others about how video podcasts won over audio, paywalls, ads, and more

CNN:
CNN employees and viewers have serious concerns about whether Ellison will uphold CNN's editorial independence amid severe political pressure

More News

Kyle Wiggers / TechCrunch:
The Linux Foundation launches the Open Platform for Enterprise AI, to foster the development of open, multi-provider, and composable generative AI systems

Earlier Picks

Priya Anand / Bloomberg:
Sensor Tower: Naval Ravikant and Brian Norgard's invitation-only audio social network app Airchat has been downloaded 30K+ times since relaunching five days ago
Teo Armus / Washington Post:
Amazon confirms that HQ2 in Arlington lost 200 jobs in 2023, missing Amazon's goal of adding 2,500 jobs; HQ2 has ~8,000 employees and plans to reach ~25,000
Dell Cameron / Wired:
The US 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
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%
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
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”
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
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
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