Techmeme
December 14, 2021, 2:40 AM

Top News

Tim Starks / CyberScoop:
CISA Director Jen Easterly says the Log4j flaw likely affects hundreds of millions of devices and may be the most serious bug she has seen in her career  —  Cybersecurity and Infrastructure Security Agency Director Jen Easterly told industry leaders in a phone briefing Monday that a vulnerability …
Dan Goodin / Ars Technica:
Kronos, one of the largest HR and workflow management companies, says a ransomware attack knocked its systems offline, possibly for the next several weeks  —  Kronos outage will last several weeks.  Firm advises customers to use other services.  —  As the world is beset by Log4Shell …
Bloomberg:
Catalin Cimpanu / The Record:
Lawrence Abrams / BleepingComputer:
Issie Lapowsky / Protocol:
Biden signs an executive order directing 17 US agencies to modernize services and bring more of them online, including passport photo uploads and taxes  —  The White House is hoping to spur a major technological overhaul of government services with a new executive order President Biden will sign Monday.
Lucas Matney / TechCrunch:
Nike acquires RTFKT, an NFT studio founded in 2020, for an undisclosed sum; RTFKT raised an $8M seed in May led by a16z at a $33.3M valuation  —  Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they're acquiring the NFT studio RTFKT (pronounced “artifact").
Ian Sherr / CNET:
Apple debuts Tracker Detect, an Android app that scans for AirTags and other Find My items that may be traveling with users without their knowledge  —  Apple's following through on a promise to help Android users identify nearby AirTags and Find My trackers that aren't with their owners.
The Information:
Sources: Amazon's Instacart rival, internally called Fresh Marketplace, will expand to the US and Europe in 2022 following its recent UK debut  —  In recent years, Amazon has attracted wide attention with its effort to become a force in the grocery industry, from its $13.7 billion acquisition …
Frederic Lardinois / TechCrunch:
Adobe launches Creative Cloud Express, a mobile and web app for creating logos, videos, and social media posts, for free or $9.99/month with advanced templates  —  Adobe today launched Creative Cloud Express, a mobile and web app that brings some of the best features of the company's sprawling …
Lorenzo Franceschi-Bicchierai / VICE:
Crypto gaming company VulcanForge says hackers stole ~$135M from users by accessing 96 wallet private keys, as three high-profile hacks net ~$404M this month  —  VulcanForge becomes the third cryptocurrency company to be hit by hackers this month.  In total, hackers have stolen more than $400 million.
Gillian Tan / Bloomberg:
Cadence, a digital health care startup that specializes in virtual patient monitoring, raises $100M led by Coatue Management at a $1B valuation  —  Cadence, a digital health-care startup that specializes in virtual patient monitoring, reached a $1 billion valuation after raising $100 million …
José Adorno / 9to5Mac:
Apple releases iOS 15.2 with App Privacy Report in Settings, Messages safety warnings for kids, Hide My Email, and more; watchOS 8.3 and tvOS 15.2 also released  —  Apple is releasing today iOS 15.2, iPadOS 15.2, watchOS 8.3, tvOS 15.2, and HomePod Software version 15.2 to all users.
Daniel Van Boom / CNET:
A trader blames a “fat-finger error” for selling a Bored Ape NFT for 0.75 ETH (~$3,000) instead of 75 ETH (~$300K); the NFT was promptly relisted for 60 ETH  —  “Fat finger” errors occasionally happen in traditional finance, but they're usually stopped or reversed.  Not so with NFTs and cryptocurrency.
Ina Fried / Axios:
In an interview, Meta's Andrew Bosworth says political and COVID-19 misinformation are societal problems rather than issues that social networks magnified  —  Longtime Facebook veteran Andrew Bosworth insists that political and COVID-19 misinformation are societal problems rather than issues that have been magnified by social networks.

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BBC:
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Earlier Picks

Yadarisa Shabong / Reuters:
Hassan Mujtaba / Wccftech:
Maddison Connaughton / New York Times:
Spencer Soper / Bloomberg: