Techmeme
August 11, 2022, 4:40 AM

Top News

Todd Spangler / Variety:
Disney announces Disney+ Basic, its ads tier for $7.99 per month, launching in the US on December 8, and raises the ad-free price from $7.99 to $10.99 per month  —  Disney has set pricing and date for the U.S. launch of the version of Disney+ with ads, while also hiking the monthly price of the Disney+ tier with no ads.
Aisha Malik / TechCrunch:
Disney hit 221.1M global streaming subscribers in Q3, surpassing Netflix's 220.7M in Q3; Disney+ had 152.1M subscribers, Hulu had 46.2M, and ESPN+ had 22.8M  —  The Walt Disney Company reported on Wednesday that total Disney+ subscriptions rose to 152.1 million during the company's third-quarter, posting better-than-expected results.
Sergiu Gatlan / BleepingComputer:
Cisco confirms the Yanluowang ransomware group breached its network in May 2022; Yanluowang claimed to have stolen 2.75GB of data, or ~3.1K files including NDAs  —  Cisco confirmed today that the Yanluowang ransomware group breached its corporate network in late May and that the actor tried …
Vishal Chawla / The Block:
Ethereum's third and final proof-of-stake test merge goes live on the Goerli test network, a dress rehearsal for the mainnet merge planned for September 2022  —  - Ethereum has passed the final test for proof of stake merge on Goerli.  — The event served as a dress rehearsal for the eventual mainnet merge planned in September.
Tom Warren / The Verge:
In documents filed with Brazil's competition regulator, Microsoft says Sony pays for “blocking rights” to “prevent developers from adding content to Game Pass”  —  An explosive claim from Microsoft  —  Microsoft has claimed Sony pays for “blocking rights” …
Ionut Ilascu / BleepingComputer:
Microsoft and CISA warn users about DogWalk, a now-patched actively exploited RCE vulnerability in Windows 7, 10, 11, and Server 2008 through 2022  —  The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has added two more flaws to its catalog of Known Exploited Vulnerabilities, based on evidence of active exploitation.
Danny Nelson / CoinDesk:
Coinbase disclosed in its latest quarterly filing that the US SEC is investigating its token listing processes, staking programs, and yield-generating products  —  The company told investors it has received “investigative subpoenas” from the Securities and Exchange Commission.
Devin Coldewey / TechCrunch:
The FCC rejects SpaceX's application for a $885M subsidy to provide Starlink broadband to rural America over 10 years, after tentatively approving it in 2020  —  The FCC has rejected the application of Starlink to provide broadband to rural America at a cost of $885 million over ten years, nullifying a tentative approval back in 2020.
Malavika Kaur Makol / Bloomberg:
India's central bank releases guidelines for digital lending, which is projected to reach $350B in India by 2023, after complaints over harsh recovery tactics  —  India's central bank released guidelines for digital lending, targeted at bringing transparency and data protection to the business …
Pew Research Center:
An in-depth look at US teenagers and social media in 2022: 95% say they use YouTube, 67% use TikTok, 62% use Instagram, 59% use Snapchat, and 32% use Facebook  —  TikTok has established itself as one of the top online platforms for U.S. teens, while the share of teens who use Facebook has fallen sharply
Tom Warren / The Verge:
Microsoft open sources its library of 1,500+ 3D emoji, available now on GitHub and Figma, letting creators remix and customize them for free  —  Get ready for lots of custom 3D emoji  —  Microsoft is open sourcing more than 1,500 of its 3D emoji, making them free for creators to remix and build upon.
Jacquelyn Melinek / TechCrunch:
Omaha-based Pinata, which offers NFT media infrastructure and support for crypto projects, raised a $18M Series A led by Greylock and Pantera and a $3.5M seed  —  Pinata, an NFT-focused media distribution platform, has raised a total of $21.5 million in funding, the company exclusively told TechCrunch.
Rebecca Elliott / Wall Street Journal:
Kyle Wiggers / TechCrunch:
Nightfall AI, which provides cloud data loss prevention services, announces a $40M Series B led by WestBridge Capital, bringing its total funding to $60M  —  Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing …
Rita Liao / TechCrunch:
Hong Kong-based Insilico Medicine, which uses machine learning to identify potential drug targets, raised $35M from Prosperity7, bringing its Series D to $95M  —  Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.”

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More News

Todd Spangler / Variety:
Vincent Manancourt / Politico:
Reuters:
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Earlier Picks

Allison Johnson / The Verge:
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Debby Wu / Bloomberg:
Abner Li / 9to5Google: