Techmeme
October 9, 2022, 5:05 AM

Top News

Kaitlyn Tiffany / The Atlantic:
GIF, once called “the file format of the internet generation”, is declining in use as young users say GIFs are “cringe” and MP4 videos make the format outdated  —  The internet's file format has been diagnosed as “cringe,” but there are other threats to its existence.
Antonia Timmerman / Rest of World:
Indonesia's patchwork data security approach has resulted in several large-scale data leaks; experts say the personal data protection bill is a temporary fix  —  Breaches are so common that citizens joke about being an “open-source country.”  —  • JAKARTA, INDONESIA
Natalie Wong / Bloomberg:
A look at business email compromise scams involving US real estate, and the small Secret Service team that helped recover $244M+ in stolen BEC funds since 2019  —  For weeks, the Secret Service agent had been trying to identify the scammers moving millions of stolen dollars through banks around the New York tri-state area.
Elizabeth Howcroft / Reuters:
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”  —  Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …
Nitasha Tiku / Washington Post:
An interview with Character.ai's founders, who say they left Google's LaMDA project to let users experiment with the latest in language AI through chatbots  —  The creators of Google's LaMDA have launched the chatbot startup Character.ai, which is open for anyone to try
Victoria Song / The Verge:
Fitbit Sense 2 review: superior stress tracking and a great UI, but no Google Assistant or third-party apps, pricey at $300, and it can't be called a smartwatch  —  The fitness tracker has industry-leading stress tracking, but pour one out for the future of Fitbit smartwatches
Danny Nelson / CoinDesk:
Hong Kong-based About Capital acquires Huobi, a top 10 crypto exchange by trading volume; Huobi says the ownership transfer won't impact trading operations  —  The terms of the deal were not disclosed.  —  Crypto exchange Huobi Global, one of the biggest token trading outposts in the Asia markets …

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