Techmeme
March 23, 2022, 2:30 PM

Top News

Lily Hay Newman / Wired:
Okta confirms an attacker accessed an engineer's laptop in January consistent with posted screenshots by Lapsus$, as customers struggle to grasp their exposure  —  Authentication firm Okta's statements on the Lapsus$ breach fails to answer key questions.  —  The digital extortion group Lapsus$ threw …
Raphael Satter / Reuters:
Okta says the “maximum potential impact” of its security breach was to 366 customers, out of 15K+, whose data was accessed by contractor Sitel; Okta is down 5%+  —  Hundreds of customers of digital authentication firm Okta Inc have possibly been affected by a security breach caused …
The Block:
Apple acquired UK banking startup Credit Kudos, which offers APIs for lenders, sources say earlier this week; a source says the deal is valued at around $150M  —  Quick Take  — Credit Kudos becomes the latest European open banking startup to be snapped up by a US acquirer.
Joe Rossignol / MacRumors:
Apple adds driver's licenses and state IDs to Wallet in Arizona, the first state with the feature; Colorado, Hawaii, Mississippi, Ohio, and Puerto Rico are next  —  Apple today announced that Arizona has become the first U.S. state to support driver's licenses and state IDs in the Wallet app on the iPhone and Apple Watch.
Jay Peters / The Verge:
YouTube is making nearly 4,000 TV episodes available for free with ads in the US  —  The platform already offers free movies with ads  —  YouTube is the latest company to offer free shows TV with ads.  The video giant says you'll now be able to stream nearly 4,000 episodes of TV for free …
Sarah Perez / TechCrunch:
Instagram rolls out chronological Following and Favorites feeds to all iOS and Android users globally, neither of which can be set as the default  —  Instagram today is making a chronological feed available to all users, as earlier promised, alongside another new feed filtering option …
Jon Porter / The Verge:
Carl Pei teases Nothing's Phone (1), a smartphone running Android with a Nothing OS skin, launching this summer  —  Nothing will launch its debut smartphone this summer, its CEO and former OnePlus co-founder Carl Pei announced today during a live stream.  It'll be called the Phone 1 …
Alex Heath / The Verge:
Snap acquires Paris-based neurotech startup NextMind and discontinues its $400 headband that let users control aspects of a computer; NextMind had raised ~$4.5M  —  NextMind made a headband for controlling virtual objects with your thoughts  —  Meta, Apple, and a slew of other tech companies …
The Verge:
Microsoft confirms Lapsus$ compromised “a single account” and stole portions of source code for some products, but says no customer code and data was involved  —  Lapsus$ says it has accessed data from Okta, Nvidia, Samsung, and Ubisoft  —  The hacking group Lapsus$ …
Nelson Renteria / Reuters:
El Salvador postpones its $1B bitcoin-backed bond, planned for March 15-20, citing unfavorable market conditions; BTC is down ~35% from its November 2021 peak  —  SAN SALVADOR (Reuters) - El Salvador postponed an unprecedented issue of a bitcoin-backed bond planned for last week …
Wall Street Journal:
Meta's top executives are embracing remote work, as sources say Mark Zuckerberg spends extended periods in Hawaii; Sandberg is taking a sabbatical this spring  —  Executives are scattering to locations far from Silicon Valley headquarters, working from Hawaii, Cape Cod, Europe
Bloomberg:
FIFA adds Crypto.com as a sponsor for the 2022 soccer World Cup in Qatar, months after Crypto.com replaced Staples as the title sponsor for Los Angeles' arena  —  Fifa has added Crypto.com as one of the sponsors for this year's soccer world cup in Qatar, the latest step in the cryptocurrency …
Loren Grush / The Verge:
SpaceX increases the prices of Starlink's starter kit to $599, up $100, and its monthly internet service to $110, up $11, according to an email to customers  —  It's going to be $11 more a month  —  SpaceX's internet-from-space program Starlink is increasing prices for both the purchase …
Casey Newton / Platformer:
ApeCoin DAO lets Yuga Labs talk up the virtues of decentralization while also enjoying the benefits of centralization, namely collecting all the profits  —  Tokens like the new one from Bored Ape Yacht Club promise to decentralize the web.  So why are insiders reaping most of the profits?  —  I.
Javier Espinoza / Financial Times:
The EU could unveil the Digital Markets Act as early as Thursday; sources say the DMA targets companies with a €75B+ market cap and at least 45,000 active users  —  Digital Markets Act now expected to target core online platforms with market cap of at least €75bn

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Earlier Picks

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