Techmeme
July 28, 2020, 8:55 AM

Top News

Tony Romm / Washington Post:
As the House antitrust hearing looms, lawmakers discuss potential lines of inquiry, including evidence of a “copy-acquire-kill” strategy to subdue rivals  —  Congress brought the country's big banks to heel after the financial crisis, cowed a tobacco industry for imperiling public health …
Sarah Frier / Bloomberg:
New York Times:
Jackson Ryan / CNET:
Facebook, YouTube, and Twitter scramble to remove a video touting hydroxychloroquine as a coronavirus cure, after it was shared by Trump  —  Social media lights up with viral videos touting hydroxychloroquine as a coronavirus cure.  It's not.  —  Hydroxychloroquine, an anti-malarial drug used …
BBC:
Google announces plans to build a new undersea network cable connecting the US, UK, and Spain, expected to be completed by 2022  —  Google has announced plans to build a new undersea network cable connecting the US, UK and Spain.  —  The tech giant says it is incorporating new technology into the cable …
Intel Newsroom:
Intel announces a reorg, with chief engineering officer Murthy Renduchintala departing, Intel veteran Dr. Ann Kelleher now leading work on 7nm and 5nm processes  —  New Leaders for Key Intel Technology Organizations will Report Directly to CEO Bob Swan; Murthy Renduchintala to Depart
Catalin Cimpanu / ZDNet:
Analytics service Waydev says hackers breached it earlier this month and stole GitHub, GitLab OAuth tokens, likely pivoting to attack other companies like Dave  —  OAuth tokens have been abused for intrusions at least two other companies, Dave.com and Flood.io.
Jeremy Horwitz / VentureBeat:
Qualcomm announces Quick Charge 5, refueling smartphone batteries to 50% in five minutes and 100% in 15, likely to start showing up over the next few months  —  Wireless recharging has become increasingly popular over the past few years due to its convenience — just drop your phone on a pad …
The Economic Times:
Zack Whittaker / TechCrunch:
Garmin says a ransomware attack occurred on July 23 but there's “no indication” customer data was stolen, expects to return to normal operation in a few days  —  Sport and fitness tech giant Garmin has confirmed its five-day outage was caused by a ransomware attack.
Sarah Perez / TechCrunch:
Alexa app gets revamped, adding more personalization options and replacing 3rd-party skill suggestions on the main screen with frequently used actions  —  After launching a number of new developer tools for Alexa last week, Amazon today introducing an updated version of its Alexa mobile app for consumers.
Euirim Choi / Wall Street Journal:
Sources: Instagram has made lucrative offers, some in the hundreds of thousands of dollars, to some of TikTok's most popular creators to use Reels  —  Instagram makes lucrative offers to TikTok creators to join its competing service  —  Facebook Inc.'s FB 1.21% Instagram has offered financial incentives …
Ed Caesar / New Yorker:
The story of CyberBunker, a hosting provider that once hosted The Pirate Bay and a number of dark web sites, whose German facility was raided by police in 2019  —  An eccentric Dutchman began living in a giant underground facility built by the German military—and ran a server farm beloved by cybercriminals.
Ionut Ilascu / BleepingComputer:
Source code leaked from exposed repos of many companies including Nintendo, Daimler AG, Microsoft, Adobe, Lenovo, and AMD; unclear how much of it is proprietary  —  Source code from exposed repositories of dozens of companies across various fields of activity (tech, finance, retail, food …
Ingrid Lunden / TechCrunch:
UK-based ComplyAdvantage, which offers an AI-backed service to track financial crime, raises $50M Series C led by Ontario Teachers' Pension Plan Board  —  The growth of digital banking has opened up a wealth of opportunities for making the world of finance more accessible and transparent to a greater number of people.
More: Tech.eu and FinSMEs

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