Techmeme
March 30, 2022, 11:20 PM

Top News

William Turton / Bloomberg:
Sources say Apple and Meta gave user data to hackers in response to forged Emergency Data Requests; Discord said it had also fulfilled a forged legal request  —  Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials …
Washington Post:
Meta paid Republican consulting firm Targeted Victory for a campaign to paint TikTok as a danger to the US, including placing op-eds in regional news outlets  —  Facebook parent company Meta is paying one of the biggest Republican consulting firms in the country to orchestrate …
More: SiliconANGLE, Platformer, The Register, CNET, Observer, Variety, The Guardian, Engadget, SlashGear, USA Today, Android Headlines, The Verge, Social Media Today, Gizmodo, Insider, TechCrunch, Digital Trends, Protocol, Mashable, Daily Mail, Dexerto, Raw Story, Forbes, Input, New York Post, iMore, The Week, Nieman Lab, International Business Times, and dot.LA
Mark Gurman / Bloomberg:
Sources: Apple is planning to expand its financial services by adding payment processing, lending risk assessment, credit checks, fraud analysis, and more  —  Apple Inc. is developing its own payment processing technology and infrastructure for future financial products …
Richard Lawler / The Verge:
Apple updates its App Store rules in the Netherlands to let Dutch dating apps take payments through third-party processors, but a 27% commission still applies  —  But they can't avoid giving up a 27 percent commission  —  To help bring an end to wrangling with Dutch regulators that stretched …
Juli Clover / MacRumors:
Apple now lets “reader” apps link to websites for creating or managing user accounts, after the company gives access to an External Link Account Entitlement  —  Apple today informed developers of “reader” apps that they are able to sign up for access to an “External Link Account Entitlement” …
Bloomberg:
Blockchain.com says it has raised new funding at a $14B valuation led by Lightspeed, more than doubling its last valuation in March 2021  —  Startup Blockchain.com said it raised new funding that values the company at about $14 billion, more than doubling its worth in a sign …
Andrew J. Hawkins / The Verge:
Waymo plans to offer fully autonomous rides in San Francisco, without a human safety driver, as part of a growing test, and expands its service area in Arizona  —  The company is also expanding its service area in Phoenix  —  Waymo plans to start offering rides in its fully autonomous vehicles …
James Cridland / Podnews:
Manish Singh / TechCrunch:
WhatsApp says its users send 7B voice messages daily on average and adds a waveform visualization, pause/resume, draft preview, out of chat playback, and more  —  Like most smartphone users in India, I use WhatsApp a lot.  But I have never sent anyone a voice message — ever.  Turns out, others do.
Carly Page / TechCrunch:
IT and software developer Globant says its code repo was partially breached, after Lapsus$ shared 70GB of allegedly stolen data; Globant's stock closed down 10%  —  Just days after police in the U.K. arrested seven people over suspected connections to the now-infamous hacking and extortion group, Lapsus$ is claiming its latest victim.
Bloomberg:
Sky Mavis COO Aleksander Larsen says the company is “fully committed to reimbursing” Axie Infinity players who lost funds and is “still working on a solution”  —  The company behind the popular Axie Infinity crypto game said it will reimburse online participants …
Steve Zurier / SC Media:
IoT manufacturer Ubiquiti sues cybersecurity journalist Brian Krebs, claiming he falsely accused the company of covering up a cyberattack  —  Ubiquiti on Tuesday filed a lawsuit against industry blogger Brian Krebs for $425 million in damages for allegedly falsely accusing the company of “covering up” a cyberattack.
Frederic Lardinois / TechCrunch:
Wing Security, which helps companies discover, monitor, and remediate potential security issues with SaaS tools used by their employees, raises a $20M Series A  —  As businesses increasingly rely on an ever-growing number of SaaS products, it has become imperative for security teams …
More: FinSMEs
Meagan Simpson / BetaKit:
Athennian, whose cloud-based legal tech software helps law firms and legal departments automate subsidiary and entity management, raises a CAD$41.5M Series B  —  The legaltech startup's backers include Clio's CEO.  —  Calgary legaltech startup Athennian is announcing that is has secured …
More: FinSMEs
Nate Raymond / Reuters:
A judge invalidates Massachusetts' fiduciary duty rule that underlies a 2020 suit accusing Robinhood of encouraging inexperienced users to place risky trades  —  A Massachusetts judge on Wednesday dealt state securities regulators a major setback in their enforcement action …
Duncan Riley / SiliconANGLE:
Nova Labs, formerly Helium, a network of 500K+ cryptocurrency-mining hotspots offering p2p networking, confirms it raised a $200M Series D at a $1.2B valuation  —  Decentralized wireless communication startup Helium Inc. today announced a change of name to Nova Labs Inc. and confirmed …
Olga Kharif / Bloomberg:
Chainalysis: $1B+ in crypto was stolen from bridge-related exploits in a little over a year across seven incidents; Dune: $21B+ is locked on Ethereum bridges  —  The hack of a so-called bridge supporting Axie Infinity's play-to-earn game revealed this week highlights the increasingly problematic nature …

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Emily Nicolle / Bloomberg:
Malique Morris / The Information:
Gilad Edelman / Wired:
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Madhumita Murgia / Financial Times:
Wall Street Journal: