Techmeme
July 2, 2024, 11:00 AM

Top News

Aisha S Gani / Bloomberg:
Revolut's 2023 revenue almost doubled to £1.8B after interest income grew from £83M in 2022 to £500M; auditor BDO gave Revolut's accounts a clean bill of health  —  - UK fintech's interest income jumps sixfold to £500 million  — Auditor BDO gives financial accounts a clean bill of health
Lucian Constantin / CSO:
Qualys researchers say an OpenSSH flaw can let attackers remotely compromise servers and allow unauthenticated RCE as root; over 14M servers may be vulnerable  —  Researchers from Qualys say regreSSHion allows attackers to take over servers with 14 million potentially vulnerable OpenSSH instances identified.
Lorenzo Franceschi-Bicchierai / TechCrunch:
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers  —  The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
Georg Szalai / The Hollywood Reporter:
Tubi launches in the UK with over 20K movies and TV episodes, featuring content from distributors including Disney, Lionsgate, NBCUniversal, and Sony Pictures  —  The ad-supported streamer now has more than 80 million monthly active users.  —  Tubi, the free advertising-supported streaming service owned …
Paresh Dave / Wired:
Some YouTube employees detail internal deliberations about content relating to the Israel-Hamas war and accuse the company of inconsistent moderation  —  Insiders have shared YouTube's playbook for handling the Gaza crisis.  They argue that it shows inconsistent enforcement.
Elizabeth Lopatto / The Verge:
The US SEC charges the parent company of Silvergate Bank and executives with misleading investors about its AML compliance strength; Silvergate settles for $50M  —  Silvergate Bank, once a cornerstone of the crypto financial world until its collapse in early 2023, defrauded its investors …
Bloomberg:
Sources: Northern Data is weighing a US IPO of its combined AI cloud computing and data center businesses at a ~$10B to $16B valuation as early as in H1 2025  —  - Combined cloud, data center business could list on Nasdaq  — Company secured financing from Tether Group to buy chips

Sponsor Posts

Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Why now: Building cloud infrastructure that the UAE can rely on  —  For years, the main question in the UAE was whether organizations should adopt cloud technology.  Today, cloud adoption is no longer up for debate.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
"Engineers are becoming sorcerers" | The future of software development with OpenAI's Sherwin Wu
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Cheeky Pint:
Ben Thompson from Stratechery on AI ads, the end of SaaS, and the future of media
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
The Nick, Dick and Paul Show:
The Billionaire Button w/ Tim Wu
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Great Chat:
No one won the AI Bowl
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Who's Winning The AI Race? + Software's Future — With Sridhar Ramaswamy
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:00 AM ET, July 2, 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.

More News

Byron Kaye / Reuters:
Alexandra Sternlicht / Fortune:

Earlier Picks

Sarah Perez / TechCrunch:
Ivan Mehta / TechCrunch:
Belle Lin / Wall Street Journal:
CBS News: