Techmeme
October 3, 2022, 12:40 PM

Top News

Mike Calia / CNBC:
Kim Kardashian settles with the SEC for $1.26M after not reporting a $250K payment to promote EthereumMax on Instagram and won't promote crypto for three years  —  - Kim Kardashian agreed to pay more than $1 million to settle SEC charges for failing to disclose a payment she received for touting a crypto asset on Instagram.
Lawrence Abrams / BleepingComputer:
The Vice Society ransomware gang publishes data allegedly from the Los Angeles Unified School District, after the school system did not pay the ransom  —  The Vice Society Ransomware gang published data and documents Sunday morning that were stolen from the Los Angeles Unified School District during a cyberattack earlier this month.
Greg Stohr / Bloomberg:
The SCOTUS agrees to hear two Section 230-related cases, Gonzalez v. Google and Twitter v. Taamneh, both stemming from terrorist content on the services  —  The US Supreme Court will decide whether social media companies can be sued over targeted content recommendations …
Takashi Mochizuki / Bloomberg:
Sources: Sony plans to make 2M PlayStation VR2 units by March 2023, an ambitious target, and has not yet faced supply chain constraints  —  Sony Group Corp. plans to make 2 million units of the PlayStation VR2 headset by March next year, people familiar with the matter said …
Cristina Criddle / Financial Times:
Filings: TikTok's European business reports $990M revenue in 2021, up from $172M in 2020, and a $896M loss due to increased spending on its 4,396 staff  —  Social media platform records revenues of more than $990mn after recruiting thousands more staff  —  TikTok increased its European …
The Citizen Lab:
Research: Pegasus attacks on Mexican activists and reporters from 2019-2021 used 0-click exploits, after Mexico's president called Pegasus a thing of the past  —  Key Takeaways  — Mexican digital rights organization R3D (Red en los Defensa de los Derechos Digitales) …
Mureji Fatunde / Bloomberg:
Tally Technologies, which uses AI to automate credit card payments, raised an $80M Series D led by Sway Ventures at an $855M valuation, up from $280M in 2019  —  Tally Technologies Inc., a startup that automates credit card payments, has tripled its valuation to $855 million in a funding round led by Sway Ventures.
Kadhim Shubber / Financial Times:
Sources: Celsius founder Alex Mashinsky withdrew $10M from the crypto lender weeks before the company froze user accounts; a source says ~$8M was used for taxes  —  Scrutiny of Alex Mashinsky grows after crypto lender was left with hole in balance sheet  —  Celsius Network founder Alex …

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Elizabeth Dwoskin / Washington Post: