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October 1, 2021, 7:50 PM
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| Wall Street Journal: |
Google scraps plans for its mobile-first banking service Plex; sources say the move follows April departure of a Google Pay exec who championed the project — Tech giant had partnered with Citigroup and other banks on ‘Plex’ accounts that would sync with Google Pay
More:
AppleInsider, AndroidPolice, Gizmodo, The Hill, 9to5Google, Engadget, Fortune, CNBC, CNET, The Verge, Forbes, Droid Life, Bloomberg, Android Headlines, PYMNTS.com, and Finextra
| Lawrence Abrams / BleepingComputer: |
Coinbase says a threat actor stole cryptocurrency from 6,000 customers between March and May 20 using a vulnerability in its SMS multi-factor authentication — Crypto exchange Coinbase disclosed that a threat actor stole cryptocurrency from 6,000 customers after using a vulnerability to bypass …
More:
ZDNet, PYMNTS.com, Bloomberg, Decrypt, The Record, Financial Times, Threatpost, Benzinga, Input, PCMag, Cointelegraph, Reuters, CoinDesk, The Block, Bitcoin Magazine, cryptonews.com, and KnowTechie
Tweets: @jeffjohnroberts, @svr13, @svr13, @bleepincomputer, @bleepincomputer, @lopp, and @gregbensinger
| Tom Warren / The Verge: |
Microsoft details Office 2021 features and pricing ahead of Oct. 5 release: Office Home and Student will cost $150 and Office Home and Business will cost $250 — Microsoft is launching Office 2021 on October 5th, and the company is finally detailing the features and pricing today.
More:
Microsoft 365 Blog, Gizmodo, SiliconANGLE, PCWorld, PCMag, MSPoweruser, Windows Central, SlashGear, ZDNet, HotHardware.com News, Thurrott, MacRumors, Engadget, and AppleInsider. Tweets: @tomwarren
| Chance Miller / 9to5Mac: |
Apple rolls out iOS 15.0.1 and iPadOS 15.0.1, with bug fixes for multiple issues, including Unlock with Apple Watch on iPhone 13 — One week after the release of the iPhone 13 and iOS 15, Apple is rolling out a bug fix update with some notable improvements. iOS 15..1 and iPadOS 15..1 …
More:
Apple Support, The Verge, AppleInsider, Gizmodo, MobileSyrup, phonearena.com, TechCrunch, ZDNet, MacRumors, iThinkDifferent, Wccftech, MacRumors, MacDailyNews, iDownloadBlog.com, iPhone in Canada Blog, Bloomberg, Macworld, OS X Daily, and MSPoweruser
Tweets: @illusionofcha0s, @markgurman, @iupdate, @mgsiegler, and @zollotech
| Amanda Silberling / TechCrunch: |
Senators grilled Facebook exec Antigone Davis at a hearing about Instagram's impact on teens and were frustrated by her reticence to answer questions directly — Last night, Facebook published two annotated slide decks in an attempt to contextualize the documents that the Wall Street Journal published …
Source:
Senate Commerce Committee. More:
Slate, New York Times, Ars Technica, Techonomy, Washington Post, Associated Press, Wired, Fox News, Axios, and Platformer
Tweets: @morroweric, @zamaan_qureshi, @willoremus, @doctorow, @quicktake, @willoremus, @natematias, @evan_greer, @klonick, @parismarx, @thedailyshow, @morningbrew, @hawleymo, @klonick, @diwaph, @mikeisaac, @catalinagoanta, @a_amilne, @klonick, @stevekovach, @donie, @charlottealter, @jeneps, @conspirator0, @reckless, @hacks4pancakes, @ashk4n, @ceciliakang, @klonick, @stevesi, @giladedelman, @eric_seufert, @eric_seufert, @kattenbarge, @nicolelgill, @klonick, @sayhar, @caseynewton, @caseynewton, @caseynewton, @yaeleisenstat, @rebekahktromble, @sayhar, @sayhar, @willoremus, @alibreland, @issielapowsky, @ultraviolet, @karenkornbluh, @z_everson, @amyklobuchar, @zamaan_qureshi, @marshablackburn, @marshablackburn, @davejorgenson, @evan_greer, @senmarkey, @thatchristinag, @thedcsentinel, @guyadami, @alex_kirshner, @ceciliakang, @andrewsmith38, and @eric_seufert
| Wall Street Journal: |
More:
NPR, Slate, The Verge, New York Times, and The Week
| Sean Lyngaas / CNN: |
President Biden to convene a 30-country meeting this month to try to ramp up global efforts to address the ransomware threat — (CNN)The White House will convene a 30-country meeting this month to try to ramp up global efforts to address the threat of ransomware to economic and national security …
More:
The White House, BleepingComputer, Engadget, ZDNet, The Block, GovInfoSecurity, Reuters, Bloomberg, and infosecurity-magazine.com
Tweets: @lukolejnik, @ericgeller, @imposecost, and @joncoopertweets
| MacKenzie Sigalos / CNBC: |
DeFi staking protocol Compound's founder threatens to doxx users to IRS if they don't return $90M worth of tokens mistakenly sent due to a bug — - About $90 million has mistakenly gone out to users of popular DeFi staking protocol Compound and the founder is begging users to voluntary return the tokens.
More:
The Register, CoinDesk, Gizmodo, Insider, Mashable, BleepingComputer, Bloomberg, Coinspeaker, Input, Bitcoinist.com, PYMNTS.com, BitcoinExchangeGuide, Decrypt, cryptonews.com, Benzinga, and The Block
Tweets: @popescuco, @akramsrazor, @gergelyorosz, @jowyang, @thetomzone, @rmac18, @eamonjavers, @silvermanjacob, @joshconstine, @caseynewton, and @sarthakgh
| Joyce Lee / Reuters: |
South Korean ISP sues Netflix over costs for traffic surge from hit shows, after a court said Netflix should “reasonably” pay ISPs for network usage — South Korean Internet service provider SK Broadband has sued Netflix (NFLX.O) to pay for costs from increased network traffic …
More:
The Register, The Verge, TechCrunch, Input, Light Reading, iPhone in Canada Blog, CNBC, PCMag, Insider, and Benzinga
Tweets: @muchnerve, @bergmayer, @stevekovach, @andrewhorowitz, and @karlbode
| Amanda Silberling / TechCrunch: |
Clubhouse announces several features, including Clips, letting listeners snip 30 seconds of audio, and Replay, which lets hosts record a room — Clubhouse announced today that it is unveiling four new features: Clips, Replay, Universal Search and spatial audio for Android (which already exists on iOS).
More:
Clubhouse Blog, Social Media Today, Memeburn, iPhone in Canada Blog, Reuters, and The Verge
Tweets: @clubhouse, @morqon, and @davemorin
| The Markup: |
A look at the $12B location data industry, including how collectors, aggregators, and marketplaces monetize user data — A huge but little-known industry has cropped up around monetizing people's movements — Companies that you likely have never heard of are hawking access to the location history on your mobile phone.
Tweets: @jonkeegan, @seanodiggity, @torproject, @harpermitchell, @dangillmor, @darakerr, and @brendannyhan
| Catalin Cimpanu / The Record: |
Google announces a $1M sponsorship for Linux Foundation's Secure Open Source, a new pilot program to enhance the security of critical open source projects — Google has announced today a $1 million sponsorship for a new pilot program aimed at enhancing the security of critical open source software projects.
More:
Google Online Security Blog, BetaNews, Security Boulevard, TechRepublic, and SiliconANGLE
Tweets: @mrisher and @infernosec
| Mary Ann Azevedo / TechCrunch: |
Vareto, which makes software to help companies with financial planning, raises $4.2M seed led by Menlo Ventures and $20M Series A led by GV — Vareto, a startup aiming to help companies conduct more forward-looking financial planning and analysis, is coming out of stealth today with $24 million in total funding.
More:
Business Wire, Vareto, and SiliconANGLE
| Wall Street Journal: |
Sources: Biden administration is considering ways to impose bank-like regulation on stablecoin issuers, including prodding them to register as banks — Move would aim to address concerns that the digital currency could fuel financial panics — WASHINGTON—The Biden administration …
More:
Gizmodo, Insider, Reuters, Bloomberg, Financial News, The Block, PYMNTS.com, Cointelegraph, and CoinDesk
Tweets: @vtg2, @ldrogen, @timdraper, @amacker, and @amacker
| Matt Novak / Gizmodo: |
Slack says the service was down for many users worldwide since late Thursday afternoon due to a DNS issue — The workplace messaging app might not be restored until 5 p.m. ET on Friday for some people. — Alerts — It's not just you. Slack has been down for many people worldwide …
More:
Slack System Status and AppleInsider
Tweets: @filosottile, @jschauma, @slackstatus, and @thebluematt
| Stephanie Chan / Sensor Tower Blog: |
Global consumer spending on mobile apps reached $33.6B in Q3 2021, up 15.1% YoY, with App Store spending up 13.2% to $21.5B, and Play Store up 18.6% to $12.1B — Worldwide consumer spending and first-time installs of mobile apps climbed to $33.6 billion and 35.7 billion, respectively … | Steve Kovach / CNBC: |
Amazon's new PC game New World is a hit, with hundreds of thousands on Steam playing it at any given time, representing a leap for Amazon's gaming ambitions — - Amazon released a new video game for PCs this week called “New World.” — The game is already a smash hit … | Kelly Sheridan / Dark Reading: |
PE firm Symphony Technology Group says it plans to merge McAfee Enterprise and FireEye Products into a single entity with nearly $2B in annual revenue — McAfee Enterprise and FireEye Products will merge into a single entity with nearly $2 billion in revenue following the close …
More:
STG, CRN, CRN, and SecurityWeek
| Bloomberg: |
Informatica, an enterprise cloud data management provider, files for an IPO; source says at a valuation of ~$10B, double the $5.3B it went private for in 2015 — - Company could be valued at around $10 billion in offering — Informatica went private in 2015 for about $5.3 billion
More:
Reuters
| Sage Lazzaro / VentureBeat: |
Interviews with women pioneers of AI ethics teams on whether ethical AI work is possible at Big Tech, and how to set these teams up for success — The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now!
Tweets: @sagelazzaro, @_michaelzink, and @naz_erkan
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