Techmeme
November 8, 2021, 11:05 PM

Top News

Under the Hood:
Robinhood says an unauthorized party obtained a list of email addresses for ~5M users, full names for another ~2M users, and more info on ~310 others  —  Late in the evening of November 3, we experienced a data security incident.  An unauthorized third party obtained access to a limited amount …
CNN:
US charges a Ukrainian suspect, arrested in Poland last month, and a Russian citizen over REvil attacks, and says it seized $6M in ransom payments  —  (CNN)Law enforcement officials have seized an estimated $6 million in ransom payments, and the US Justice Department is expected to announce Monday …
Catalin Cimpanu / The Record:
Europol has arrested seven people suspected of helping REvil and GandCrab with over 7,000 cyberattacks since early 2019, in a Romanian-led investigation  —  Europol has announced today the arrests of seven suspects who worked as “affiliates” (partners) for a major ransomware cartel …
Alex Heath / The Verge:
Niantic launches Lightship, a platform to build “real-world metaverse” AR iOS and Android apps, and commits $20M to fund companies building AR apps  —  The maker of Pokémon Go wants to power future AR glasses.  —  Niantic is releasing a platform for building what it calls “real-world metaverse” apps.
Stephen Nellis / Reuters:
AMD touts Meta as a data center chip customer, as it targets Nvidia with new chips like MI200, a family of server accelerators to boost ML and other workloads  —  Advanced Micro Devices Inc (AMD.O) on Monday said it has won Meta Platforms Inc (FB.O) as a data center chip customer …
Elizabeth Dwoskin / Washington Post:
Ex-Israeli soldiers say the country built a “Facebook for Palestinians” over the last two years to monitor Palestinians through facial recognition tech  —  HEBRON, West Bank — The Israeli military has been conducting a broad surveillance effort in the occupied West Bank …
MacKenzie Sigalos / CNBC:
PayPal reports Q3 revenue of $6.18B, up 13% YoY, vs $6.23B est., Venmo payment volume up 36% YoY to $60B, says Venmo users can make Amazon purchases next year  —  - PayPal reported a 13% increase in year-over-year revenue for the third quarter.  — The company issued a fourth-quarter forecast …
Meghan Bobrowsky / Wall Street Journal:
Nextdoor closes its first day on the NYSE at $13.01, up 17%, after going public via a SPAC merger which raised $674M and valued it at ~$4.3B  —  Shares of the social-networking platform for local neighborhoods jump 17%  —  Shares in Nextdoor Inc. surged Monday in their first day of trading …
Mike Blumenthal / Near Media:
Google appears to be using its Business Profile rebranding to solicit SMB opposition to possible antitrust legislation  —  Google, in an effort to regain control of the antitrust narrative, has brazenly and deceptively enlisted small businesses to argue the company's case.
Bloomberg:
An investor group led by Advent International, Permira Advisers, and others agrees to take McAfee private in a $14B+ deal that includes ~$4B in debt  —  An investor group led by buyout firms Advent International Corp., Permira Advisers and others agreed to take McAfee Corp. private in a deal …

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