Techmeme
March 8, 2021, 2:40 PM

Top News

Brian Krebs / Krebs on Security:
Microsoft took nearly two months to issue a patch after hearing of Exchange Server's flaws, even as a mass-hack unfolded; some of the flaws were 10+ years old  —  Sometimes when a complex story takes us by surprise or knocks us back on our heels, it pays to revisit the events in a somewhat linear fashion.
Tom Warren / The Verge:
EU approves Microsoft's $7.5B deal to acquire ZeniMax Media, the parent company of Bethesda Softworks, without conditions  —  Microsoft will have 23 first-party game studios  —  The European Commission has approved Microsoft's $7.5 billion deal to acquire ZeniMax Media …
Sarah E. Needleman / Wall Street Journal:
Source: Discord generated $130M in revenue in 2020, up from $45M in 2019, and isn't profitable; CEO Jason Citron says its focus will be subscriptions, not ads  —  The chat startup is leaning on its millions of passionate users to fuel growth after nearly tripling revenue last year
Ron Amadeo / Ars Technica:
The new Google Pay app that came out of beta this week replaces a perfectly fine service for P2P users with a less-functional service that has more fees  —  For P2P users, the new app has fewer features, is less convenient, and has more fees.  —  The new Google Pay app came out of beta this week …
Jeff John Roberts / Decrypt:
PayPal says it acquired Tel Aviv-based Curv, which facilitates secure storage of cryptocurrency, source says for nearly $200M  —  PayPal announced on Monday it has acquired Curv, a Tel Aviv-based startup that uses a novel form of cryptography to safeguard customers' stashes of Bitcoin and other digital assets.
Nate Lanxon / Bloomberg:
GSMA says Mobile World Congress Barcelona will go ahead in June, with plans for up to 50,000 in-person attendees  —  - MWC Barcelona is industry body's main source of revenue  — Gathering was among first major Covid-related cancelations  —  The global mobile industry is planning …
New York Times:
The NYT editorial board calls for federal US privacy legislation mandating opt in as default on data collection practices by tech companies like Facebook  —  Using an opt-in approach will help curb the excesses of Big Tech.  —  The editorial board is a group of opinion journalists whose views …
David Kirton / Reuters:
Sources: after DJI was added to the US Commerce Dept's Entity List in Dec. 2020, its North American operations have lost about a third of its 200-strong team  —  SHENZHEN, China (Reuters) - Chinese drone giant DJI Technology Co Ltd built up such a successful U.S. business over the past decade …
New York Times:
Sources: US plans attacks on Russian networks and new sanctions, in retaliation for SolarWinds hack; Biden curbed Cyber Command's offensive leeway in Jan. 20 EO  —  The proliferation of cyberattacks by rivals is presenting a challenge to the Biden administration as it seeks to deter intrusions on government and corporate systems.

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