Techmeme
July 2, 2024, 11:24 AM

Top News

Aisha S Gani / Bloomberg:
Revolut's 2023 revenue almost doubled to £1.8B after interest income grew from £83M in 2022 to £500M; auditor BDO gave Revolut's accounts a clean bill of health  —  - UK fintech's interest income jumps sixfold to £500 million  — Auditor BDO gives financial accounts a clean bill of health
Lucian Constantin / CSO:
Qualys researchers say an OpenSSH flaw can let attackers remotely compromise servers and allow unauthenticated RCE as root; over 14M servers may be vulnerable  —  Researchers from Qualys say regreSSHion allows attackers to take over servers with 14 million potentially vulnerable OpenSSH instances identified.
Georg Szalai / The Hollywood Reporter:
Tubi launches in the UK with over 20K movies and TV episodes, featuring content from distributors including Disney, Lionsgate, NBCUniversal, and Sony Pictures  —  The ad-supported streamer now has more than 80 million monthly active users.  —  Tubi, the free advertising-supported streaming service owned …
Lorenzo Franceschi-Bicchierai / TechCrunch:
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers  —  The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
Paresh Dave / Wired:
Some YouTube employees detail internal deliberations about content relating to the Israel-Hamas war and accuse the company of inconsistent moderation  —  Insiders have shared YouTube's playbook for handling the Gaza crisis.  They argue that it shows inconsistent enforcement.
Emanuel Maiberg / 404 Media:
Figma disables a recently launched generative AI app design tool, after a user showed it just copied Apple's weather app when asked to design a weather app  —  The design tool Figma has disabled a newly launched AI-powered app design tool after a user showed that it was clearly copying Apple's weather app.
Elizabeth Lopatto / The Verge:
The US SEC charges the parent company of Silvergate Bank and executives with misleading investors about its AML compliance strength; Silvergate settles for $50M  —  Silvergate Bank, once a cornerstone of the crypto financial world until its collapse in early 2023, defrauded its investors …
Bloomberg:
Sources: Northern Data is weighing a US IPO of its combined AI cloud computing and data center businesses at a ~$10B to $16B valuation as early as in H1 2025  —  - Combined cloud, data center business could list on Nasdaq  — Company secured financing from Tether Group to buy chips

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