Techmeme
March 23, 2022, 5:15 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's down 10%+  —  Hundreds of customers of digital authentication firm Okta Inc have possibly been affected by a security breach caused …
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.
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.
Jay Peters / The Verge:
YouTube makes nearly 4,000 TV episodes available for free with ads in the US and plans to add up to 100 shows and movies each week  —  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 …
Sarah Perez / TechCrunch:
Google Play debuts a pilot to let select partners, starting with Spotify, offer a third-party billing option globally; Google's commission cut was not disclosed  —  Amid increasing global regulations over app stores and their commission structures, Google today announced the launch …
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 …
Tom Warren / The Verge:
Sony releases PS4 and PS5 updates; the PS5 will get Variable Refresh Rate “in the coming months”, syncing a display's refresh rate to the PS5's graphical output  —  Sony says VRR will be available in the coming months on the PS5  —  Sony is planning to release a Variable Refresh Rate …
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 …
David Anders / CNET:
The FBI says internet crime victims in the US reported losing over $6.9B in 2021, up from $4.2B in 2020, and it received 847,376 complaints in 2021, up 7% YoY  —  The FBI releases its annual Internet Crime Report, detailing the most prevalent cybercrimes in 2021.
Ron Amadeo / Ars Technica:
Google plans to remove the Movies & TV section from the Play Store in May 2022, and directs users to buy, rent, or watch movies and shows from the Google TV app  —  The Play Store used to sell tons of content, but now it offers only apps and books.  —  Google Play Movies & TV—and the Google Play brand in general—seems doomed.
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
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 …
Ashley Carman / Bloomberg:
Sources: in Q2 2022, Spotify plans to rename its live social audio app from Greenroom to Spotify Live and integrate the content into its main app  —  Spotify Technology SA is renaming its live conversation product and integrating the content into its main streaming app to make the service …
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
Anna Kramer / Protocol:
Instacart launches Instacart Platform, which offers software management services for e-commerce, fulfillment, ads, insights, and other data for grocery stores  —  Instacart will now start offering software services to all grocery stores, moving beyond the company's primary focus on food delivery through gig work.

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