| Sergiu Gatlan / BleepingComputer: |
Researchers say a threat actor claims to have hacked Ticketmaster and Santander using stolen credentials of a Snowflake employee; Snowflake disputes the claims — A threat actor claiming recent Santander and Ticketmaster breaches says they stole data after hacking into an employee's account at cloud storage company Snowflake.| 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 … | 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 … | 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 … | 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 … | 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 … | 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.| 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.| 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| 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| 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 … | 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.| Sarah Wynn / The Block: |
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto — - U.S. President Joe Biden vetoed a bill to overturn a controversial Securities and Exchange Commission bulletin, SAB 121 … | 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.| 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.| 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 …
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| Mike Corder / Associated Press: |