Techmeme
December 14, 2021, 8:02 PM

Top News

Tal Eisner / Check Point Software:
Analysis: Log4j attacks rose from a few thousand on December 10 to 800K+ within 72 hours; exploits have been attempted on ~44% of corporate networks globally  —  Precisely one year after the SolarWinds Hack, the groundbreaking supply chain attack the world experienced, and while organizations …
Catalin Cimpanu / The Record:
CISA orders US federal civilian agencies to patch systems affected by the Log4j vulnerability by December 24  —  The US Cybersecurity and Infrastructure Security Agency has told federal civilian agencies to patch systems affected by the Log4Shell vulnerability by Christmas Eve.
Bloomberg:
Tim Starks / CyberScoop:
Sam Byford / The Verge:
Oppo unveils Air Glass, a 30g “assisted reality” wearable that projects 2D info into the user's FoV with a claimed three-hours usage, coming to China in Q1 2022  —  Coming to China early next year  —  Oppo has announced the Air Glass, an AR device that'll go on sale early next year.
Vlad Savov / Bloomberg:
Ben Thompson / Stratechery:
A look back at tech's three eras, from Bell Labs to Facebook, and why the metaverse is the fourth, defined by its bifurcation with the physical world  —  For the first several years of Stratechery I would write a year end article about “The State of Consumer Technology”; the last one I wrote …
Natasha Lomas / TechCrunch:
The UK's CMA issues an interim report voicing concerns over Apple and Google's “vice-like grip” on the mobile ecosystem, hinting at future antitrust action  —  The UK's antitrust watchdog has given the clearest signal yet that interventions under an upcoming reform …
Jay Peters / The Verge:
LogMeIn plans to spin out password management tool LastPass; LogMeIn acquired LastPass, now used by 30M people and 85K businesses, for $125M in 2015  —  LastPass has more than 30 million users  —  LogMeIn plans to spin out password management tool LastPass as a standalone company, it announced Tuesday.
Brian Krebs / Krebs on Security:
PwC report details the ransomware attack on Ireland's public health system in May 2021 and finds that IT admins failed to respond to multiple warning signs  —  The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland's public health system.
Source: HSEMore: ZDNet and Numlock News
Salvador Rodriguez / CNBC:
Sources: Instagram passed 2B monthly active users this fall, up from 1B in June 2018, the last time it publicly disclosed the metric  —  - Instagram now has more than 2 billion monthly active users worldwide, according to employees with knowledge of the key metric.
Annie Palmer / CNBC:
US OSHA is investigating the collapse of an Amazon warehouse in Illinois caused by a tornado, where six workers died, one was injured, and 45 were rescued  —  - OSHA is investigating a collapse at an Amazon warehouse in Edwardsville, Illinois.  — The facility collapsed Friday as a tornado rolled through, killing six employees.
CoinDesk:
Institutional bitcoin broker and custody services provider NYDIG raises $1B led by WestCap, valuing the startup at $7B+  —  NYDIG said Tuesday it raised a stunning $1 billion in a funding round that will value the firm at over $7 billion - and potentially expand bitcoin's reach into …
Eva Dou / Washington Post:
Internal Huawei marketing slides show a broader role in surveilling China's population than it has admitted to, including using voice ID and tracking shoppers  —  The Chinese tech giant Huawei Technologies has long brushed off questions about its role in China's state surveillance, saying it just sells general-purpose networking gear.
Charmaine D'Silva / The Keyword:
Google details Android 12 Go edition, coming to low-end phones in 2022 with faster app launches, longer battery life, better sharing, and more privacy controls  —  Android (Go edition) launched in 2017 with the goal to help more people access the best of Android and Google through affordable, entry-level phones.
Amanda Silberling / TechCrunch:
Twitter rolls out automatic video captions, with support for over 30 languages, but not for previously uploaded videos  —  Starting today, Twitter is rolling out auto-generated captions on videos.  This feature will make videos more accessible for Deaf and hard-of-hearing users.
Bloomberg:
Sources: the NSO Group is considering shuttering its Pegasus unit and selling the company, amid US restrictions and the danger of defaulting on $450M in debt  —  - Moelis tapped to advise on talks with investment funds  — One plan would repurpose product for strictly defensive use
John Timmer / Ars Technica:
Cosmic rays and radioactivity may present a challenge for scalable quantum computing, as researchers find they interfere with error correction  —  For quantum chips, the problems they cause are too big for error correction.  —  Recently, when researchers were testing error correction …
More: Nature
Lucas Matney / TechCrunch:
Nike acquires RTFKT, an NFT studio founded in 2020, for an undisclosed sum; RTFKT raised an $8M seed in May led by a16z at a $33.3M valuation  —  Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they're acquiring the NFT studio RTFKT (pronounced “artifact").
Louise Matsakis / The Atlantic:
Investors have poured $1B+ into startups looking to turn mom-and-pop stores into digital retailers and mini-tech hubs, especially in South and Southeast Asia  —  Corner stores don't look like much.  Maybe the one nearest to you has dusty shelves lined with bags of chips and cookies …

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