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April 17, 2024, 9:15 AM
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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.
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.
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 …
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 designed for repairs  —  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.
Cecilia D'Anastasio / Bloomberg:
Activision cuts entry fees for teams in its professional Call of Duty League, and will return collected fees, as the esports industry faces financial challenges  —  The teams, including ones owned by sports-business billionaires Robert Kraft and Stan Kroenke, will no longer be required to pay …
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 …
Priya Anand / Bloomberg:
Sensor Tower: Naval Ravikant and Brian Norgard's audio-focused invitation-only social app Airchat has been downloaded 30K+ times since its relaunch this month  —  - The app feels like a combination of voice notes and Twitter  — Invite-only Airchat has won over VCs and early adopters
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?
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.
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  —  Canada will press ahead with introduction of a digital services tax on large technology companies, which would raise C$5.9 billion ($4.3 billion) …
Gerrit De Vynck / Washington Post:
Bellwether, a new group inside Alphabet's X innovation lab, plans to offer AI tools to the US National Guard to analyze images of disaster areas in summer 2024  —  The National Guard will soon use the tech giant's image-recognition AI to scan images of disaster zones and help prioritize its response
Spencer Soper / Bloomberg:
CIRP: Amazon Prime hit a new high of 180M US shoppers in March 2024, up 8% YoY, despite greater online competition; 75% of US shoppers have a Prime membership  —  Amazon.com Inc.'s Prime subscription service hit a new high of 180 million US shoppers in March, an increase of 8% from a year earlier …

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This is a Techmeme archive page. It shows how the site appeared at 9:15 AM ET, April 17, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

The Hollywood Reporter:
Paramount CEO Bob Bakish steps down; Brian Robbins, Chris McCarthy, and George Cheeks will run Paramount on an interim basis as an “Office of the CEO”

Alex Sherman / CNBC:
Sources: Shari Redstone agreed to take less than $2B for her Paramount stake as part of Skydance's “best and final” offer, lower than what was initially offered

New York Times:
OAN retracts a story that said Trump's ex-lawyer Michael Cohen had an affair with Stormy Daniels, apologizes as part of a settlement with no monetary damages

More News

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

Earlier Picks

Natasha Lomas / TechCrunch:
Apple debuts iOS app web distribution to EU users, letting qualifying developers who opt in to its Core Technology Fee offer direct downloads via their sites
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%
PA Media:
The UK proposes legislation to outlaw creating sexually explicit deepfake photos without consent, regardless of whether creators intended to share the images
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”
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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