Techmeme
July 16, 2020, 10:55 AM

Top News

TechCrunch:
Hackers pushing a crypto scam hijacked Twitter accounts for Bitcoin, Barack Obama, Joe Biden, Ripple, Binance, Elon Musk, Bill Gates, Jeff Bezos, Apple, more  —  A number of high-profile Twitter accounts were simultaneously hacked on Wednesday by attackers who used the accounts …
@twittersupport:
Joseph Cox / VICE:
Sources share screenshots of an internal control panel they say Twitter workers use to interact with user accounts, which may have enabled account takeovers  —  After a wave of account takeovers, screenshots of an internal Twitter user administration tool are being shared in the hacking underground.
Casey Newton / The Interface:
Twitter hack has profound national security implications as it's no longer unthinkable that someone takes over an account of a world leader to start nuclear war  —  You can't say you didn't see it coming.  —  Whatever Twitter eventually comes to say about the events of July 15th, 2020 …
Chaim Gartenberg / The Verge:
Twitter says most verified accounts should be able to tweet again, after limiting the functionality on some verified accounts earlier while investigating hack  —  Update: “Most accounts should be able to Tweet again”  —  Twitter completely disabled the ability for many accounts to send …
Natasha Lomas / TechCrunch:
EU's top court strikes down flagship EU-US data transfer mechanism Privacy Shield, in a ruling that could impact thousands of companies including Facebook  —  A highly anticipated ruling by Europe's top court has just landed — striking down a flagship EU-US data flows arrangement called Privacy Shield.
Dylan Byers / NBC News:
Sources: Facebook will launch Instagram Reels, its answer to TikTok, in the US, UK, Japan, Mexico, and ~50 other countries in the coming weeks  —  Facebook will launch Instagram Reels, its answer to TikTok, in the United States and more than 50 other countries in a matter of weeks …
Tom Warren / The Verge:
Microsoft says it will offer its game streaming service, Project xCloud, for free to its Xbox Game Pass Ultimate subscribers in September  —  xCloud will get a new name and some bigger ambitions  —  Microsoft is planning to launch its game streaming service, currently known as Project xCloud …
Frederic Lardinois / TechCrunch:
Google debuts a major update to Gmail for G Suite, bringing integrations with Chat, Meet, Rooms, Docs, and more, coming first to G Suite's early adopter program  —  Google is launching a major update to its G Suite productivity tools today that will see a deep integration of Gmail, Chat …
Sarah Perez / TechCrunch:
Amazon launches a new livestreaming option for influencers on its Amazon Live service, a home shopping network-style video feed on Amazon's retail site  —  Amazon is giving live streamers a new way to earn commissions on purchases of products showcased in their streams.
Wall Street Journal:
US and UK say state-backed Russian hacking group APT 29 is responsible for ongoing cyberattacks against orgs involved in the development of coronavirus vaccines  —  Targets include universities, private companies and other organizations working on vaccine research and testing globally
Taylor Soper / GeekWire:
Cloud file storage startup Qumulo raises $125M Series E led by BlackRock, at a valuation of more than $1.2B  —  Qumulo is joining an elite club of Seattle startups.  —  The company just announced a $125 million funding round that propels its valuation to more than $1.2 billion …
Thanks:@johnhcook
Cheng Ting-Fang / Nikkei Asian Review:
TSMC confirms it has suspended processing new orders from Huawei to comply with US export regulations, will stop shipping wafers after September 14  —  Chip titan says 5G demand will fuel growth despite US export ban and pandemic  —  TAIPEI — Taiwan Semiconductor Manufacturing Co …
Donna Fuscaldo / Forbes:
Bolt, which helps retailers develop e-commerce sites, raises $50M Series C led by WestCap, bringing its total raised to $140M  —  With eCommerce taking off amid the COVID-19 pandemic, Bolt the checkout technology platform company is raising $50 million in a new round of venture funding.

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