| Wall Street Journal: |
Microsoft and cybersecurity company Mandiant say hacking groups linked to China, Iran, North Korea, and Turkey are exploiting the Log4j flaw — Researchers call it one of the most dire cybersecurity threats to emerge in years and could enable devastating attacks| 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.| Tim Starks / CyberScoop: |
| Jennifer Elias / CNBC: |
Leaked memo: Google tells employees they must comply with vaccine policies by January 18 or lose pay and eventually be fired — - In a memo circulated by leadership, Google told employees that they must comply with vaccine policies or they face losing pay and then losing their job.| Tim Hardwick / MacRumors: |
Apple quietly removes all mentions of CSAM scanning on its Child Safety webpage, after significant criticism of plans to scan for child sexual abuse images — Apple has quietly nixed all mentions of CSAM from its Child Safety webpage, suggesting its controversial plan to detect child sexual abuse images … | Financial Times: |
Sources: the US will ban eight Chinese companies, including DJI, for their alleged involvement in the surveillance of Uyghur Muslims — American investors will be banned from groups accused of involvement in Xinjiang abuses — The Biden administration will place eight Chinese companies including DJI … | Rest of World: |
A look at Chinese fast fashion online retailer Shein, as 2020 sales reportedly hit $10B thanks to knockoff items, a nimble supply chain, and social media — By connecting China's garment factories with Western Gen-Z customers, Shein ushered in a new era of “ultra-fast” shopping.| Martin Matishak / The Record: |
The US Department of Homeland Security launches “Hack DHS”, a bug bounty program that pays hackers between $500 and $5,000 per flaw found in its systems — The Homeland Security Department has launched a bug bounty program that will allow hackers to report vulnerabilities … | 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 … | Gertrude Chavez-Dreyfuss / Reuters: |
Anchorage Digital, which offers institutions digital asset services for secure crypto custody, trading, and more, raises $350M led by KKR at a $3B valuation — Anchorage Digital, a digital asset financial platform, said on Wednesday it raised $350 million in its latest funding round led by private equity firm KKR & Co Inc (KKR.N).| Jennifer Pattison Tuohy / The Verge: |
A look at the industry-backed smart home standard Matter, slated for mid-2022, and whether it can achieve its promises to fix smart home interoperability — The smart home should be a natural evolution of our homes, bringing better appliances, better systems, better experiences.| Yogita Khatri / The Block: |
Crypto lending company Ledn raises a $70M Series B at a $540M valuation led by 10T Holdings and announces a bitcoin-backed home mortgage product — Quick Take — Ledn has raised $70 million in new funding and is now valued at $540 million. — The firm has also announced … | 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.| Mike Wheatley / SiliconANGLE: |
Samsara, which offers tools to manage IoT sensors in vehicle fleets, raises $805M in its IPO, pricing shares at $23 and valuing the company at $11.4B — Samsara Inc., a connected operations cloud platform provider for “internet of things” data, raised $805 million through an initial public offering … | Ryan Weeks / The Block: |
Warsaw- and London-based Ramp, a non-custodial crypto payments infrastructure startup, raises a $52.7M Series A led by Balderton Capital — Quick Take — Ramp has closed a Series A round led by Balderton Capital. — The startup has seen monthly transaction volumes grow 30 times over the last 12 months.| Kyle Alspach / VentureBeat: |
Noname Security, which automatically discovers and remediates API vulnerabilities, raises a $135M Series C at a $1B valuation led by Georgian and Lightspeed — API protection startup Noname Security, which today disclosed a $135 million series C funding round at a post-money valuation of $1 billion … | Manish Singh / TechCrunch: |
Innovaccer, which aggregates medical data for institutions, raises a $150M Series E at a $3.2B valuation led by Mubadala Capital, up from $1.3B in February — Innovaccer has raised a new financing round and more than doubled its valuation to $3.2 billion from $1.3 billion in February this year … | Mary Ann Azevedo / TechCrunch: |
Swimply, a marketplace for renting private swimming pools, raises $40M led by Mayfield, seven months after raising $10M — The concept of creating a marketplace for underutilized assets that can turn into a meaningful business for hosts is not a new one. And there is no higher profile of how successful that model can be than Airbnb.| Emily Birnbaum / Politico: |
The Internet Association says it is closing at the end of the year; sources describe financial struggles and tension between members — The Internet Association plans to announce it is dissolving as soon as tomorrow. — From left, former Internet Association President & CEO Michael Beckerman speaks … | Duncan Riley / SiliconANGLE: |
API security startup Cequence raises a $60M Series C led by Menlo Ventures, bringing its total funding to $89.5M — Application programming interface security startup Cequence Security Inc. announced today that it has raised $60 million in new funding to support enhancements to its solutions expand its product offerings.| Sankalp Phartiyal / Reuters: |
| Sam Byford / The Verge: |
Oppo unveils foldable Find N with 7.1" internal and 5.49" outer display, Snapdragon 888, up to 12GB RAM and 512GB SSD, coming to China on Dec. 23 for ~$1,200 — An open and shut case? — After teasing its first folding phone last week, Oppo is revealing the Find N in full today.| Ingrid Lunden / TechCrunch: |
London-based Signal AI, which uses AI to provide sentiment insights for businesses, raises a $50M Series D led by Highland Europe, bringing its funding to $100M — Signal AI, an artificial intelligence startup that trawls the vast sea of internet and other publicly available data … | New York Times: |
How China helps foreign influencers in the country who spread pro-China messages, funding their travel and generating lucrative, likely inauthentic, traffic — We are on the outskirts of Shanghai today at the most incredible hotel we've ever stayed at. — It's the first in the world built inside a quarry.| Ryan Gallagher / Bloomberg: |
Sources: Swiss company Mitto, which offers text message services to companies, tells clients co-founder Ilja Gorelik has departed after surveillance accusations — Ilja Gorelik allegedly ran a secret surveillance service that used Mitto's networks to locate people via their mobile phones
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| Lucas Matney / TechCrunch: |