August 10, 2023, 4:40 PM

Top News

Rohan Goswami / CNBC:
An interview with X CEO Linda Yaccarino on having “autonomy” under Elon Musk, planning to add video calls, payments between users, brands returning, and more  —  - X CEO Linda Yaccarino explained to CNBC on Thursday why the company decided to get rid of its Twitter branding.
Nicola Agius / Search Engine Land:
X unveils Sensitivity Settings and Enhanced Blocklist to boost brand safety and control for advertisers, rolling out over the next few weeks in X Ads Manager  —  The new tools give marketers more say over ad placement.  —  X, formerly known as Twitter, has launched two new features to improve brand safety and control for advertisers.
Hannah Murphy / Financial Times:
Justine Calma / The Verge:
Google, American Airlines, and Bill Gates' fund Breakthrough Energy partner to use AI to chart more sustainable flights by avoiding routes that create contrails  —  Google has been working with American Airlines and Bill Gates' climate investment fund, Breakthrough Energy, to chart more sustainable flight routes.
Dana Mattioli / Wall Street Journal:
Sources: Amazon cuts dozens of in-house brands in clothing, furniture, and more to fend off regulators and grow profits; Amazon says Basics will remain a focus  —  Company's cuts include all but three of its 30 clothing labels, such as Goodthreads and Lark & Ro
Dan Goodin / Ars Technica:
The UK Electoral Commission hack, which lasted 14 months and was disclosed nine months after discovery, likely exploited a now-patched Exchange Server zero-day  —  Evidence appears to show a critical 0-day tracked as ProxyNotShell was exploited.  —  It's looking more and more likely …
Jay Peters / The Verge:
Mark Zuckerberg says Meta plans to add Threads features this week: share posts to Instagram DMs, a mention button, and a way to add custom alt text for media  —  Threads, Meta's Twitter competitor, is getting some new features “this week,” according to a post from CEO Mark Zuckerberg.
Jay Peters / The Verge:
Sources: the Kremlin's fear of a serious tech brain drain is the main factor preventing Moscow from nationalizing the Nasdaq-listed Yandex, which has 20K+ staff  —  The Kremlin's fear of a serious tech brain drain is the main factor preventing Moscow from nationalising Nasdaq-listed Yandex …
Alexander Marrow / Reuters:
Brian Heater / TechCrunch:
Skydio shuts down its consumer drone business and plans to expand its enterprise offerings, after raising a $230M Series E at a $2.2B valuation in February 2023  —  Skydio today announced that it will be shutting down its consumer drone business.  —  Beginning today, the firm will no longer …
Sarah Fielding / Engadget:
To fight spam, YouTube plans to deactivate links in Shorts descriptions, comments, and the vertical feed from August 31 and make social media icons unclickable  —  The move follows other anti-spam measures.  —  YouTube knows that it has a spam problem, particularly when it comes to its two-year-old Shorts feature.
Rosie Perper / CoinDesk:
Y00ts, once a top Solana-based NFT project and that moved to Polygon in December 2022, plans to migrate to Ethereum and to return its $3M grant from Polygon  —  The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received.
Tom Mitchelhill / Cointelegraph:
Fireblocks discloses BitForge, a set of zero-day flaws affecting widely used crypto wallets; Coinbase, Binance, and Zengo have patched their BitForge flaws  —  Fireblocks said the vulnerabilities affecting Coinbase, Binance and Zengo have since been fixed and has reached out to more than 12 others still at risk.
Alibaba reports Q1 revenue up 14% YoY to ~$32.3B, vs. ~$31.1B est., and net income up 51% YoY to ~$4.7B, as its core domestic e-commerce unit returned to growth  —  - Core e-commerce returned to growth for first time in a year  — Alibaba is trying to revive its business in a volatile economy
Ingrid Lunden / TechCrunch:
Check Point acquires rival cybersecurity startup Perimeter 81 in a ~$490M “cash free, debt free” deal; Perimeter 81 raised $100M at a $1B valuation in June 2022  —  There is yet more M&A coming out of the security industry.  In the latest development, Check Point …
Lorenzo Franceschi-Bicchierai / TechCrunch:
ESET: since 2014, Belarus-linked hackers, dubbed MoustachedBouncer, have been targeting foreign diplomats in the country by intercepting their ISP connections  —  Hackers with apparent links to the Belarusian government have been targeting foreign diplomats in the country for nearly 10 years, according to security researchers.

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Financial Times:
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