Techmeme
July 31, 2021, 11:10 AM

Top News

Associated Press:
The Justice Department says 27 US Attorney offices had at least one employee's Microsoft email account breached by Russian hackers from May 7 to Dec. 27, 2020  —  WASHINGTON (AP) — The Russian hackers behind the massive SolarWinds cyberespionage campaign broke into the email accounts …
Brian Merchant / VICE:
Metaverse, as Zuckerberg and others imagine, is an odd vision built from a compendium of juvenile fantasies, perceived market opportunities, and overt dystopias  —  Silicon Valley CEOs keep hailing its imminent arrival as they hawk digital goods, but the metaverse was a dystopian idea from its inception.
Telegram:
Telegram's latest update adds group video calls of up to 1,000 users with 30 simultaneous broadcasts, video messages, screen sharing during video calls, more  —  This update takes video to the next level.  Group video calls now have up to 1000 viewers, video messages record in higher quality …
Nicholas Megaw / Financial Times:
Digital bank Monzo reveals a loss of £130M on £66M revenue for the year ended Feb. and says UK FCA is investigating it over potential money laundering breaches  —  Digital lender suffers second ‘going concern’ warning from auditors  —  The Financial Conduct Authority …
Paul Smith / Australian Financial Review:
Australia-based IntelligenceBank, a marketing software provider for brands, raises $37M from Five Elms Capital to help speed up its expansion in the US  —  IntelligenceBank, a Melbourne-based marketing operations platform that counts ANZ Bank, National Australia Bank, Suncorp, Bupa, KFC …
Dan Wang / Foreign Affairs:
How US sanctions forced Chinese companies to develop key tech themselves, aligning the companies' incentives with China's goal of economic self-sufficiency  —  In 2016, AlphaGo, a computer program developed by machine learning experts in London, beat the world's top players of the classical Chinese board game Go.
Reuters:
Stephen Shankland / CNET:
Twitter offers bug bounty of up to $3,500 to spot bias in its photo cropping algorithm, which was shown to favor white people over Black people  —  Twitter has a new way to rid itself of artificial intelligence bias: pay outsiders to help it find problems.  On Friday, the short-message app …

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Zoho:
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Hamming:
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Earlier Picks

Russ Mitchell / Los Angeles Times:
Natalie Wolchover / Quanta Magazine:
Stephanie Bodoni / Bloomberg:
Tom Wilson / Reuters:
Jay Peters / The Verge:
Kieran Leavitt / Toronto Star: