Techmeme
March 29, 2022, 2:10 PM

Top News

Andrew Thurman / CoinDesk:
The Ronin Network, which supports Sky Mavis' Axie Infinity game, says it was hacked, and 173,600 ETH and 25.5M USDC was stolen, worth $600M+; RON is down ~20%  —  It may be the largest exploit in DeFi history.  —  The latest crypto hack may be the largest yet.
Christopher Dring / GamesIndustry.biz:
Interview with PlayStation CEO Jim Ryan on Sony's new PS Plus subscription tiers, why new first-party games won't immediately launch on the service, and more  —  The platform holder's CEO discusses the potential for games subscription services  —  Whenever a new platform or service gets announced …
Christopher Dring / GamesIndustry.biz:
Corin Faife / The Verge:
Security experts worry that the EU's DMA, which mandates messaging app interoperability, will undermine the end-to-end encryption on WhatsApp and other services  —  Big names in internet security have been fiercely critical of the new DMA legislation  —  On March 24th, EU governing bodies announced …
Casey Newton / Platformer:
WhatsApp chief Will Cathcart: the Digital Markets Act could upend encryption, privacy, and product design while increasing spam, misinformation, and hate speech  —  WhatsApp chief Will Cathcart on how the Digital Markets Act could upend encryption, privacy, and product design
Brian Krebs / Krebs on Security:
Hackers are compromising police and government email accounts to send Emergency Data Requests to ISPs, telecoms, social networks, and others, who quickly comply  —  There is a terrifying and highly effective “method” that criminal hackers are now using to harvest sensitive customer data …
Lily Hay Newman / Wired:
Leaked Mandiant report: Okta's contractor Sitel first sent a Lapsus$ breach notification to Okta on January 25 and a detailed “Intrusion Timeline” on March 17  —  Documents shed some light on how Okta and its subprocessor Sitel reacted to a breach, but they don't explain the apparent lack of urgency.
Paul Vigna / Wall Street Journal:
Greenpeace and other groups run ads highlighting bitcoin's environmental impact in the NYT, WSJ, and others, funded with $5M from Ripple co-founder Chris Larsen  —  Consortium launches effort advocating changes to the cryptocurrency's code  —  A consortium of environmental groups launched …
Joe Flint / Wall Street Journal:
Apple's Oscars win for CODA and Ted Lasso's success shows TV+'s boutique approach is paying off with tastemakers; Apple paid $25M for CODA's distribution rights  —  Launched in 2019, Apple TV+ produces far less content than its biggest streaming rivals  —  Apple Inc.'s boutique-store approach …
Patrick McGee / Financial Times:
Researchers find Yandex sends users' metadata to servers in Russia; Yandex says “device, network and IP address” data is “non-personalised and very limited”  —  Information collected by company through apps on Apple and Google-powered mobile devices is sent to Russian servers
Tom Warren / The Verge:
Microsoft updates Windows 11 to let users change their default browser with a single click, after criticism over Windows 11 making the process more complicated  —  It's a one-click process now  —  Microsoft is finally making it easier to change your default browser in Windows 11.
Chris Welch / The Verge:
Verizon blames “bad actors” and engages US law enforcement after its customers and users of its MVNO Visible receive spam texts from their own phone numbers  —  The carrier says it's working with US law enforcement to find those responsible  —  Yesterday, I wrote about receiving …
Ryan Tracy / Wall Street Journal:
The DOJ endorses the American Innovation and Choice Online Act, which would forbid large platforms from favoring their products and services over competitors'  —  The Justice Department told lawmakers in a letter that the rise of dominant platforms presents a threat to open markets and competition
Krystal Hu / Reuters:
Steven Mnuchin's Liberty Strategic Capital acquires a majority stake in enterprise security startup Zimperium for $525M; SoftBank remains a minority owner  —  Liberty Strategic Capital, a Washington D.C.-based private equity fund founded by former U.S. Treasury Secretary Steven Mnuchin …
Ron Miller / TechCrunch:
Pinecone, which offers a serverless vector database designed specifically for the needs of data scientists, raises a $28M Series A led by Menlo Ventures  —  When Pinecone launched last year, the company's message was around building a serverless vector database designed specifically for the needs of data scientists.
Mary Ann Azevedo / TechCrunch:
Latitud, which helps Latin American startups with incorporation via its Latitud Go service and more, raises a $11.5M seed led by a16z and NFX  —  Serial entrepreneur Brian Requarth learned his lesson the hard way.  —  When he sold Brazilian online real estate marketplace VivaReal …
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