Techmeme
May 17, 2020, 7:15 PM

Top News

Brian Krebs / Krebs on Security:
US Secret Service memo warns a crime ring is targeting state unemployment insurance programs to commit fraud by using data belonging to identity theft victims  —  A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state …
Christopher Mims / Wall Street Journal:
A look at the grassroots movement of professional home bakers that have found a home on Etsy, where they can continue to be productive under lockdown  —  Homebound consumers are flocking to the site for scones, biscuits, breads, muffins, doughnuts and...alkaline tahini spelt cookies.
Chance Miller / 9to5Mac:
Edison Mail says it has “rolled back” an iOS app update that gave a “small percentage” of users full access to other users' email accounts  —  Edison Mail is one of the more popular third-party email applications for iPhone, iPad, and Mac, but an apparent bug in the service is raising major privacy concerns.
Manish Singh / TechCrunch:
General Atlantic to invest $870M in Reliance Jio Platforms at a $65B valuation, joining Facebook, Silver Lake, and Vista Equity Partners among Jio investors  —  Mukesh Ambani's Jio Platforms has agreed to sell 1.34% stake to General Atlantic, the latest deal in a series of deals …
Andreessen Horowitz:
Analysis of ten years of cryptocurrency discussions and funding data shows repeated cycles of rising crypto activity followed by eventual “crypto winters”  —  People who've been in crypto for a long time view the space as evolving in cycles, alternating between periods of high activity and “crypto winters.”
Catalin Cimpanu / ZDNet:
Multiple supercomputers in some EU countries were hacked this week with crypto mining malware via compromised SSH credentials; evidence suggests a single actor  —  Confirmed infections have been reported in the UK, Germany, and Switzerland.  Another suspected infection was reported in Spain.
Edvard Pettersson / Bloomberg:
Ubisoft sues Apple and Google for selling Alibaba's Area F2 game, which it claims is a “near carbon copy” of Rainbow Six: Siege  —  Ubisoft Entertainment SA sued Apple Inc. and Google LLC, accusing the companies of selling a ripoff of its popular video game “Tom Clancy's Rainbow Six: Siege.”
Issie Lapowsky / Protocol:
John Borthwick, one of Giphy's early investors and board members, describes how the Facebook deal came about and says talks began in late March  —  John Borthwick was one of Giphy's first believers.  The company, which Facebook just bought for a reported $400 million, launched in 2013 out of Betaworks …
Nir Kshetri / The Conversation:
While only 1% of female internet security workers are in senior management positions, these underrepresented perspectives are critical in addressing cyber risks  —  Women are highly underrepresented in the field of cybersecurity.  In 2017, women's share in the U.S. cybersecurity field was 14%, compared to 48% in the general workforce.
Martin Giles / Forbes:
Gartner survey of IT leaders forecasts 8% YoY decline in global IT spending to $3.46T in 2020, vs. $3.76T in 2019, as budgets are slashed due to the pandemic  —  Another week brings another clear sign that CIOs are making deep budget cuts in response to the COVID-19 pandemic.
Daniel Zuidijk / Bloomberg:
Trump tweet accuses Facebook, Instagram, Twitter, and Google of control by the “Radical Left”, says his administration is working to remedy “illegal situation”  —  - U.S. President scolds Facebook, Google, Twitter in a tweet  — Trump says he is ‘working to remedy this illegal situation’

Sponsor Posts

Zoho:
Remote work and efficient file management  —  Remote work, once a privilege given to few, is now a viable alternative to the commute and grind of office life.  As of June this year, an estimated 42% …
KubeCon + CloudNativeCon North America:
Keep Cloud Native Everywhere  —  Now more than ever, it's important to keep the cloud native community connected.  Register early and save.
Oura:
Better sleep, better you.  —  Why the Oura Ring is the perfect companion to other wearables in painting a fuller picture of your health.
Intel:
11th Gen Intel Core desktop processors - codenamed “Rocket Lake” - are coming  —  Gaming is in our DNA.  Get the latest on Intel's continued journey to make the PC the best place to play.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Tue. 10/27 - AMD Buys Xilinx for $35 Billion Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:15 PM ET, May 17, 2020.

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

Tim Anderson / The Register:

Earlier Picks

Nancy Scola / Politico:
Karissa Bell / Engadget: