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Techmeme
March 23, 2022, 4:40 PM
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Top News

Lily Hay Newman / Wired:
Okta confirms an attacker accessed an engineer's laptop in January consistent with posted screenshots by Lapsus$, as customers struggle to grasp their exposure  —  Authentication firm Okta's statements on the Lapsus$ breach fails to answer key questions.  —  The digital extortion group Lapsus$ threw …
Raphael Satter / Reuters:
Okta says the “maximum potential impact” of its security breach was to 366 customers, out of 15K+, whose data was accessed by contractor Sitel; Okta's down 10%+  —  Hundreds of customers of digital authentication firm Okta Inc have possibly been affected by a security breach caused …
Joe Rossignol / MacRumors:
Apple adds driver's licenses and state IDs to Wallet in Arizona, the first state with the feature; Colorado, Hawaii, Mississippi, Ohio, and Puerto Rico are next  —  Apple today announced that Arizona has become the first U.S. state to support driver's licenses and state IDs in the Wallet app on the iPhone and Apple Watch.
The Block:
Apple acquired UK banking startup Credit Kudos, which offers APIs for lenders, sources say earlier this week; a source says the deal is valued at around $150M  —  Quick Take  — Credit Kudos becomes the latest European open banking startup to be snapped up by a US acquirer.
Jay Peters / The Verge:
YouTube is making nearly 4,000 TV episodes available for free with ads in the US  —  The platform already offers free movies with ads  —  YouTube is the latest company to offer free shows TV with ads.  The video giant says you'll now be able to stream nearly 4,000 episodes of TV for free …
Sarah Perez / TechCrunch:
Instagram rolls out chronological Following and Favorites feeds to all iOS and Android users globally, neither of which can be set as the default  —  Instagram today is making a chronological feed available to all users, as earlier promised, alongside another new feed filtering option …
Jon Porter / The Verge:
Carl Pei teases Nothing's Phone (1), a smartphone running Android with a Nothing OS skin, launching this summer  —  Nothing will launch its debut smartphone this summer, its CEO and former OnePlus co-founder Carl Pei announced today during a live stream.  It'll be called the Phone 1 …
Tom Warren / The Verge:
Sony releases PS4 and PS5 updates; the PS5 will get Variable Refresh Rate “in the coming months”, syncing a display's refresh rate to the PS5's graphical output  —  Sony says VRR will be available in the coming months on the PS5  —  Sony is planning to release a Variable Refresh Rate …
Alex Heath / The Verge:
Snap acquires Paris-based neurotech startup NextMind and discontinues its $400 headband that let users control aspects of a computer; NextMind had raised ~$4.5M  —  NextMind made a headband for controlling virtual objects with your thoughts  —  Meta, Apple, and a slew of other tech companies …
Wall Street Journal:
Meta's top executives are embracing remote work, as sources say Mark Zuckerberg spends extended periods in Hawaii; Sandberg is taking a sabbatical this spring  —  Executives are scattering to locations far from Silicon Valley headquarters, working from Hawaii, Cape Cod, Europe
Nelson Renteria / Reuters:
El Salvador postpones its $1B bitcoin-backed bond, planned for March 15-20, citing unfavorable market conditions; BTC is down ~35% from its November 2021 peak  —  SAN SALVADOR (Reuters) - El Salvador postponed an unprecedented issue of a bitcoin-backed bond planned for last week …
Ron Amadeo / Ars Technica:
Google says the Movies & TV section of the Play Store will shut down in May, and directs users to buy, rent, or watch movies and shows from the Google TV app  —  The Play Store used to sell tons of content, but now it offers only apps and books.  —  Google Play Movies & TV—and the Google Play brand in general—seems doomed.
The Verge:
Microsoft confirms Lapsus$ compromised “a single account” and stole portions of source code for some products, but says no customer code and data was involved  —  Lapsus$ says it has accessed data from Okta, Nvidia, Samsung, and Ubisoft  —  The hacking group Lapsus$ …
Javier Espinoza / Financial Times:
The EU could unveil the Digital Markets Act as early as Thursday; sources say the DMA targets companies with a €75B+ market cap and at least 45,000 active users  —  Digital Markets Act now expected to target core online platforms with market cap of at least €75bn

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This is a Techmeme archive page. It shows how the site appeared at 4:40 PM ET, March 23, 2022.

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From Mediagazer

Nectar Gan / CNN:
Chinese nationalists and state media praise Trump's decision to dismantle VOA, RFA, and other US-funded media outlets that broadcast to authoritarian regimes

Reuters:
Tencent Music reports Q4 revenue up 8.2% YoY to ~$1.03B, above ~$1.01B est., social entertainment services revenue down 13% to ~$225M, and net profit up 47.3%

New York Times:
Sources: The New Yorker has cut ties with its art critic, Jackson Arn, who joined in 2023, after complaints about his behavior at its centennial celebration

More News

Zheping Huang / Bloomberg:
Tencent reports Q4 revenue of ~$22.6B, up 8% YoY, its slowest growth since going public in 2004, as the company faces macroeconomic and regulatory headwinds

Earlier Picks

Casey Newton / Platformer:
ApeCoin DAO lets Yuga Labs talk up the virtues of decentralization while also enjoying the benefits of centralization, namely collecting all the profits
Loren Grush / The Verge:
SpaceX increases the prices of Starlink's starter kit to $599, up $100, and its monthly internet service to $110, up $11, according to an email to customers
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