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May 31, 2024, 7:55 PM
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| Owen Walker / Financial Times: |
Hacking group ShinyHunters offers to sell alleged data of Santander staff and 30M customers; Santander warned on May 14 that a database had been compromised — ShinyHunters group is advertising data it says includes account details of 30mn customers — Hackers are offering to sell … | Brian Fung / CNN: |
FCC ends the Affordable Connectivity Program, which helped low-income Americans afford internet service, after the House failed to approve additional funding — The Affordable Connectivity Program, which helped low-income Americans get online, is no more. — On Friday, the US government announced … | Axios: |
The US Treasury Department plans to make the IRS' Direct File program permanent from the 2025 tax season and invites all states and Washington DC to participate — - Treasury announced earlier this month that more than 140,000 people participated in the Direct File pilot program …
More: Washington Post, Internal Revenue Service, U.S. Department …, Engadget, NBC News, PCMag, CNET, Associated Press, and CNN
Mastodon: @mcc@mastodon.social. X: @rakeshlobster, @senwarren, @moreperfectus, @repkatieporter, @whitehouse, and @eodyne1
LinkedIn: Chiraag Bains and Ariel S. Gold
Forums: Hacker News and Slashdot
| Reuters: |
Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident — TOKYO, May 31 (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin …
More: Elliptic, The Block, BleepingComputer, Bloomberg, Bankless Times, Benzinga, CoinGape, Blockworks, Cryptonews, CoinDesk, Bitcoin Insider, TechCrunch, Crypto Briefing, and CryptoSlate
X: @jeffjohnroberts and @lorenzofb
Forums: r/Bitcoin and r/CryptoCurrency
| Michael Kan / PCMag: |
Google plans to disable extensions built with the older Manifest V2 framework on June 3, beginning with users of Chrome's Beta, Dev, and Canary versions — The move begins with Chrome beta users on June 3, before a gradual phaseout of ‘Manifest V2’ extensions for all users in the coming months, which could impact uBlock Origin.
More: Chromium Blog, The Register, OSnews, The Verge, Android Authority, Ars Technica, TechSpot, Neowin, Ghacks, and How-To Geek
| Ben Lovejoy / 9to5Mac: |
Meta is notifying Instagram and Facebook EU users that it's using their data to train its AI models, and users can opt out, “if your objection is honoured” — If you use Instagram or Facebook, Meta is using your data to train its AI models. The company uses posts as training material for its generative AI systems.
More: BOOM. X: @tantacrul, @wavesblog, @merryfight, @tantacrul, @tantacrul, @merryfight, @danlesac, @tyjlro, @anninosj, @malwarejake, @rohancreates, and @tantacrul
| Emily Nicolle / Bloomberg: |
Tether acquires a $100M stake in US-listed bitcoin miner Bitdeer owned by Chinese billionaire Jihan Wu, with an option to buy $50M more in shares within a year — - Bitcoin miner is owned by the Chinese billionaire Jihan Wu — Bitdeer was previously in talks with private credit firms| Joseph Cox / 404 Media: |
Filing: Ticketmaster confirms “unauthorized activity within a third-party cloud database”, after a hacking group advertised alleged data of 560M users for sale — Live Nation, the parent company of Ticketmaster, confirmed it found “unauthorized activity” within a cloud database …
More: TechCrunch, Fox News, BBC, New York Times, Live Nation Entertainment, Inc., Deadline, Axios, BleepingComputer, and Digital Trends
X: @josephfcox and @josephfcox
| Zheping Huang / Bloomberg: |
Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting the divest-or-ban law — - ByteDance halts plan to roll out shopping from Spain to Italy — Company aims to entrench itself in its most lucrative market
More: The Information, The Register, ZDNet, Voice of America, Tubefilter, PhoneArena, GSMArena.com, Silicon UK, CMU, TechSpot, Benzinga, Android Authority, CEPA, PYMNTS.com, Tech.co, The News International, 9to5Mac, Reuters, Tech in Asia, Social Media Today, Cybernews.com, and New York Post. X: @carnage4life
| Dan Primack / Axios: |
Sources: Vista Equity has written off the entire value of its investment in tech learning platform Pluralsight, three years after taking it private for $3.5B — - One source says that the Utah-based company's financials have improved, with a around 26% EBITDA growth in 2023 … | Jillian Deutsch / Bloomberg: |
STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act — STMicroelectronics NV said it plans to spend €5 billion ($5.4 billion) on a manufacturing plant for chips and packaging in Catania … | Devin Coldewey / TechCrunch: |
Researchers claim that 2,107 US voters, mostly older, white Republican women, accounted for spreading 80% of the fake news on Twitter during the 2020 election — A pair of studies published Thursday in the journal Science offers evidence not only that misinformation on social media changes minds …
More: Science, Ars Technica, The Hill, Science, Science, and Morningstar, Inc.
X: @mediaevan, @drjennings, @cphoffmann, @acerbialberto, @_jenallen, @_jenallen, @_jenallen, and @_jenallen
Forums: Hacker News, r/nottheonion, and Ars OpenForum
| Joshua Benton / Nieman Lab: |
Rest of World retracts an article on WhatsApp misinformation “tip lines” in India after several fact-checking orgs detail how it was “riddled with inaccuracies” — Last week, the technology site Rest of World published a story on the apparent failings of WhatsApp misinformation “tip lines” in India.
X: @dau_mca, @dau_mca, @dau_mca, and @india_mca
| Counterpoint Research: |
Global foldable phone shipments were up 49% YoY in Q1, marking its highest rate of increase in six quarters; Huawei led with a 35% share, overtaking Samsung — - Global foldable smartphone shipments were up 49% YoY in Q1 2024, driven by Huawei, HONOR and Motorola.
More: Times of India, 9to5Google, The Economic Times, Counterpoint Research, Business Insider, PC-Tablet India, PhoneArena, Android Authority, Patently Apple, Benzinga, Patently Apple, South China Morning Post, GSMArena.com, Dexerto, Huawei Central, Display Daily, Phandroid, Sam Lover, Financial Express, Notebookcheck, and Android Headlines
| Winston Cho / The Hollywood Reporter: |
Startup Fable Studio announces Showrunner, a streaming service that lets users watch AI-generated series and create their own series by writing prompts — Fable, the studio behind the viral AI-generated ‘South Park’ clips, has announced a streaming platform that allows users to create their own content.
More: VentureBeat, Tubefilter, MobileSyrup, The Guardian, Dexerto, Forbes, and Gizmodo
Forums: r/blankies, r/technology, and r/television
| Paul Sawers / TechCrunch: |
The European Commission designates Temu as a “very large online platform” and says the company will have to comply with DSA rules by the end of September 2024 — Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face …
More: Associated Press, European Commission, Neowin, The Verge, Silicon Republic, Euractiv, Tech Xplore, and Reuters
| Eleanor Olcott / Financial Times: |
Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a ~$3B valuation, making it the only foreign investor in Chinese generative AI — Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI — A Saudi Arabian fund has backed China's … | Natasha Lomas / TechCrunch: |
Spain's data protection regulator AEPD bans Meta from launching election features on Facebook and Instagram in the country, by using emergency powers in GDPR — Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using … Sponsor Posts
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