Techmeme
December 12, 2018, 10:25 AM

Top News

New York Times:
Sources: Marriott hack part of Chinese intelligence effort that also hacked health insurers, other hotels, and security clearance files of millions of Americans  —  WASHINGTON — The cyberattack on the Marriott hotel chain that collected passport information or other personal details …
Shira Ovide / Bloomberg:
Congress and tech companies are failing the public with hearings that point fingers and duck questions, should instead have talks that work toward solutions  —  Both sides are failing to make tech companies accountable.  —  Here's what I learned from watching Mr. Pichai go to Washington …
Recode:
Recap of Pichai's testimony before Congress, where he said Google had 100+ people working on a Chinese search engine but has no plans to launch it “right now”  —  Here's what we learned when the search giant's CEO answered questions from the House Judiciary Committee.
Eillie Anzilotti / Fast Company:
Online banking platform Good Money, which offers each customer an equity share and asks them to vote on sustainable causes to invest in, raises $30M Series A  —  In a given year, the biggest banks in the U.S.-Wells Fargo, Citi, Bank of America, and JP Morgan Chase-rake in billions of dollars …
Eduard Kovacs / SecurityWeek:
Microsoft patches zero-day privilege escalation bug in Windows kernel as part of Patch Tuesday updates, which addressed ~40 vulnerabilities  —  Microsoft's Patch Tuesday updates for December 2018 address nearly 40 vulnerabilities, including a zero-day flaw affecting the Windows kernel.
Jon Russell / TechCrunch:
Tokopedia, Indonesia's largest online marketplace, says it has raised $1.1B led by SoftBank's Vision Fund and Alibaba; source: the deal values company at $7B  —  Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion led by the SoftBank megafund and Alibaba.
Jon Porter / The Verge:
Report: Uber operations manager sent 890-word email to execs with serious concerns about autonomous program just days before an Uber vehicle killed a pedestrian  —  Solutions that could have prevented collision were proposed  —  An 890-word email was sent to Uber's executives …
Ingrid Lunden / TechCrunch:
Switzerland-based Nexthink, which monitors and aims to improve employees' IT experience, raises $85M led by Index Ventures  —  As companies compete for talent, a startup that has built a platform to help ensure that the talent — once it's working for you — doesn't get bogged down by IT frustration …
More: Nexthink
Ron Miller / TechCrunch:
AtScale, which helps companies move massive amounts of data into business intelligence and analytics tools, raises $50M Series D led by Morgan Stanley  —  AtScale, the startup that helps companies move massive amounts of data into business intelligence and analytics tools, announced a $50 million Series D round today.

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Earlier Picks

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Scott Moritz / Bloomberg:
Joseph Menn / Reuters:
Kate Rooney / CNBC:
Mike Masnick / Techdirt:
Tom McKay / Gizmodo: