April 20, 2023, 12:00 PM

Top News

Matt Binder / Mashable:
Microsoft plans to drop Twitter support from its ad platform on April 25; users won't be able to access or manage Twitter accounts through Microsoft's tool  —  Yet another big B2B service passes on paying for Twitter's new high-priced API.  —  Twitter is being removed from yet another big B2B platform.
Michael Kan / PCMag:
After Microsoft Advertising said it was dropping Twitter support, Elon Musk tweeted that it's “lawsuit time” over training “illegally using Twitter data”  —  Microsoft is winding down support for Twitter on its advertising platform, likely because the social media platform wants …
Financial Times:
The EU Parliament approves the Markets in Cryptoassets, or MiCA, regulation for the crypto industry, with rules for stablecoins set to apply from July 2024  —  European lawmakers on Thursday gave their final blessing to an ambitious law that will give the European Union its first rules to govern the crypto industry.
Jeff John Roberts / Fortune:
Coinbase says it received a license to operate in Bermuda; source: the company plans to launch an offshore derivatives exchange in Bermuda as soon as next week  —  Coinbase has received a license to operate in the off-shore haven of Bermuda, signaling that the company is doubling-down on plans …
Bill Toulas / BleepingComputer:
NCC Group measured a record 459 ransomware attacks in March 2023, up 91% MoM and 62% YoY, saying the surge is likely due to exploits of Fortra's GoAnywhere MFT  —  March 2023 was the most prolific month recorded by cybersecurity analysts in recent years, measuring 459 attacks …
Melissa Heikkilä / MIT Technology Review:
OpenAI, which may have trained its models on people's data without consent, faces legal stakes in the EU, which has strict privacy laws and is conducting probes  —  The company's AI services may be breaking data protection laws, and there is no resolution in sight.
Jay Peters / The Verge:
Bluesky for Android is now available on the Play Store, after first launching on iOS in February 2023, but the service is still invite-only  —  Bluesky, the Jack Dorsey-backed decentralized Twitter alternative, now has an Android app.  The launch follows the release of the service's iOS app, which came out in late February.
Tom Warren / The Verge:
Microsoft starts naming threat actor groups after weather events, like typhoon, sandstorm, and blizzard; each name represents a nation state or a motivation  —  Microsoft has started naming hackers after the weather in a new naming taxonomy update.  Hackers will now be named after events like storms …
Financial Times:
A look at the India Stack, a set of government-backed APIs on which third parties can build apps integrated with state services for payments, loans, and more  —  New Delhi has pioneered a new approach to online infrastructure in its drive to connect 1.4bn.  But there are privacy and data protection concerns
Kyle Wiggers / TechCrunch:
NYC-based CoreWeave, which provides access to SKUs of Nvidia GPUs in the cloud, raised a $221M Series B at a $2B valuation, bringing its total funding to $371M  —  CoreWeave, an NYC-based startup that began as an Ethereum mining venture, has secured a large tranche of funding as it continues …
More: FinSMEs
Karen Freifeld / Reuters:
Seagate agrees to settle with the US Department of Commerce for $300M over shipping $1.1B+ worth of hard drives to Huawei, a violation of US export control laws  —  April 19 Reuters) - Seagate Technology Holdings PLC (STX.O) has agreed to pay a $300 million penalty in a settlement …

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Earlier Picks

Frederic Lardinois / TechCrunch:
Brandy Betz / CoinDesk:
Lawrence Abrams / BleepingComputer:
Alex Heath / The Verge:
Kyle Wiggers / TechCrunch:
Natasha Lomas / TechCrunch: