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Techmeme
October 10, 2024, 12:30 PM
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Top News

Lawrence Abrams / BleepingComputer:
A threat actor hacked the Internet Archive and stole a user authentication database with 31M unique records; a DDoS attack took the site offline on October 9  —  Internet Archive's “The Wayback Machine” has suffered a data breach after a threat actor compromised the website and stole …
Samantha Cole / 404 Media:
WordPress.org adds a checkbox to confirm users aren't “affiliated with WP Engine in any way, financially or otherwise” before they log in or register an account  —  WordPress.org users are now required to agree that they are not affiliated with website hosting platform WP Engine before logging in.
David Heinemeier Hansson / HEY:
Automattic demanding an 8% cut of WP Engine's revenue is a wanton violation of open source ideals, and the damage to open source may extend far beyond WordPress  —  Automattic demanding 8% of WP Engine's revenues because they're not “giving back enough” to WordPress is a wanton violation …
Joyu Wang / Wall Street Journal:
Taiwan says China detained four employees at Foxconn's iPhone factory in Zhengzhou and says Foxconn said it didn't suffer a financial loss tied to their actions  —  Taiwan says investor confidence may be damaged after four Taiwanese are held  —  TAIPEI—Four Taiwanese employees …
Bloomberg:
Amazon says Apple TV+ will be available as a $9.99/month subscription add-on in Prime Video Channels later this month in the US, joining 100+ streaming services  —  Apple will begin selling TV+ subscriptions through Prime later this month, Mike Hopkins, senior vice president of Amazon Prime Video …
Bloomberg:
Alphabet's stock has fallen 15%+ from its $191.18 record high on July 10, as the DOJ seeks a breakup of Google, which experts say will make operational changes
Hayden Field / CNBC:
OpenAI says it has disrupted 20+ operations and deceptive networks in 2024 so far that tried to use its models, including four that had election-related content  —  OpenAI is increasingly becoming a platform of choice for cyber actors looking to influence democratic elections across the globe.
CoinDesk:
US prosecutors charge four purported crypto market makers, a handful of crypto projects, and over a dozen individuals with manipulating various crypto markets  —  Gotbit, CLS Global, MyTrade, and ZM Quant were secretly offering market manipulation services to projects that wanted …
Bloomberg:
A profile of FTC Chair Lina Khan, whose term ended in September 2024, as a bipartisan club of tech figures and VCs, including Reid Hoffman, call for her ouster  —  Biden's FTC chair has toughened merger oversight, taken on noncompetes and made the donor class crazy.
Gavin Bonshor / The Register:
Intel unveils its Arrow Lake desktop processors, with an NPU, better power efficiency at higher clock speeds, and 2X the graphics performance vs. its 14th Gen  —  New silicon, new architecture, and loads of new motherboards rise to support it, but will power be anchored down?
Brian Krebs / Krebs on Security:
An investigation details a $243M crypto heist in August 2024 where attackers used a phone-based social engineering attack on a user of Gemini's crypto exchange  —  The parents of a 19-year-old Connecticut honors student accused of taking part in a $243 million cryptocurrency heist in August …
Umar Shakir / The Verge:
Some Threads and Instagram users say their accounts are being deleted or restricted due to moderation failures; Adam Mosseri says he's “looking into it”  —  On Threads, the topic of “Threads Moderation Failures” is trending.  Some users complain their accounts are being deleted …
Jagmeet Singh / TechCrunch:
Indian insurance firm Star Health says it suffered a “malicious cyberattack”, about two weeks after hackers put 31M customers' alleged personal data on Telegram  —  Star Health and Allied Insurance, one of the largest health insurance firms in India, has confirmed it was the target of a …
Katie Roof / Bloomberg:
Farther, which makes software for financial advisers, raised $72M led by CapitalG and Viewpoint Ventures at a $542M valuation, taking its total funding to $117M  —  Farther raised $72 million in the new funding round. … Farther Advisors LLC, a startup making technology for financial advisers …
Carl Franzen / VentureBeat:
Chinese researchers launch Pyramid Flow, an AI model to make a five-second, 384p video in 56 seconds, built using a new technique called pyramidal flow matching  —  The number of AI video generation models continues to grow with a new one, Pyramid Flow, launching this week …
Martin Coulter / Reuters:
Google EMEA President Matt Brittin says he plans to step down after a decade in the post and to continue running operations until a successor is chosen  —  The man charged with overseeing Google's (GOOGL.O) operations in Europe, the Middle East, and Asia has stepped down after a decade in post.
More: The Times

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From Mediagazer

Todd Spangler / Variety:
Disney+ plans to livestream Super Bowl LXI on February 14 in the US and 55+ global markets, providing another platform for ESPN's first Super Bowl production

Jan Wolfe / Reuters:
Democratic Party officials sue Trump to try to block his administration from using any more taxpayer money to pay for election-related TV ads

John Hendel / Politico:
ABC's lawyer tells a US federal judge that ABC is already tempering its election coverage ahead of the midterms due to threats from Trump and Brendan Carr

More News

The Information:
Sources: Sierra, an AI agent startup co-founded by former Salesforce co-CEO Bret Taylor, is raising hundreds of millions led by Greenoaks at a $4B+ valuation

Earlier Picks

Cory Weinberg / The Information:
Documents: OpenAI's projections suggest it won't turn a profit until 2029, when its revenue would hit $100B; losses could hit $14B in 2026, up nearly 3x on 2024
Reuters:
FTC: Marriott agrees to pay a $52M penalty to 49 states and DC to resolve data security allegations, and, in another settlement, agrees to a new infosec program
Kyle Wiggers / TechCrunch:
Zoom plans to launch a feature in 2025 that lets users create an AI-animated, photorealistic avatar with a head and arms from a video they record of themselves
Jay Peters / The Verge:
X updates its Creator Revenue Sharing program to pay creators based on engagement with their content from Premium users, not how many see ads in their replies
Mark Gurman / Bloomberg:
Sources: Dan Riccio, Apple's Vision Pro chief and former SVP of hardware engineering, is leaving in October; the Vision Pro team will now report to John Ternus
Allison Johnson / The Verge:
MediaTek unveils its 3nm Dimensity 9400 mobile SoC, featuring a CPU with eight “Big” cores and its eighth-gen NPU, claiming “80% faster LLM prompt performance”
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