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Techmeme
June 1, 2024, 6:35 AM
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Top News

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.
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 …
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 …
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 …
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 …
Politico:
YC is lobbying in Washington to support “Little Tech” over concerns that AI regulations meant to head off harms will instead help Big Tech maintain its lead  —  Venture capital firms are bringing San Francisco's startup culture to Washington as they try to tip the regulatory scales away from giants in the sector.
Manish Singh / TechCrunch:
Jio Financial Services, part of Reliance, launches the JioFinance app to provide digital banking, bill payments, and other services in a crowded Indian market  —  Indian conglomerate Reliance Group is making its boldest consumer-facing move yet into financial services with the launch of JioFinance …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:35 AM ET, June 1, 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

Matthew Weaver / The Guardian:
Three men have been found not guilty of murdering the journalist Lyra McKee in 2019; the New IRA claimed responsibility for the killing

Peter Walker / The Guardian:
UK Culture Secretary Lisa Nandy says she and her department will stop using X because the site favors “abuse and misinformation over meaningful debate”

Associated Press:
After a short-term hold, SCOTUS denies former Fox News reporter Catherine Herridge's bid to stay an $800-a-day fine if she refuses to reveal a source

More News

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
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
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”
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
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”
Shubham Sharma / VentureBeat:
ElevenLabs launches Sound Effects, a tool that lets users generate sound effects via prompts and uses an in-house model fine-tuned on Shutterstock's audio data

Earlier Picks

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
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
Kurt Wagner / Bloomberg:
How Meta revamped Facebook's feed to show more posts from outside a person's network of friends and family, in a move to fight TikTok and win back younger users
Abner Li / 9to5Google:
Google explains AI Overviews' viral mistakes and updates its systems, including “better detection for nonsensical queries” and limiting satire and humor content
Sarah Perez / TechCrunch:
Spotify creates a refund process for its discontinued Car Thing gadget, as consumers sue claiming Spotify misled them by selling a soon-to-be obsolete product
Gerrit De Vynck / Washington Post:
OpenAI disrupted five covert influence operations in the past three months that used its tools to try to manipulate public opinion or shape political outcomes
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