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March 23, 2022, 1:45 PM
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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 is down 5%+  —  Hundreds of customers of digital authentication firm Okta Inc have possibly been affected by a security breach caused …
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 $150M  —  Quick Take  — Credit Kudos becomes the latest European open banking startup to be snapped up by a US acquirer.
Joe Rossignol / MacRumors:
Apple adds driver's licenses and state IDs to Wallet in Arizona, the first state with the feature; Colorado, Hawaii, Mississippi, Ohio, and Puerto Rico are next  —  Apple today announced that Arizona has become the first U.S. state to support driver's licenses and state IDs in the Wallet app on the iPhone and Apple Watch.
Tom Warren / The Verge:
Sony releases PS4 and PS5 updates; the PS5 will get Variable Refresh Rate “in the coming months”, syncing a display's refresh rate to the PS5's graphical output  —  Sony says VRR will be available in the coming months on the PS5  —  Sony is planning to release a Variable Refresh Rate …
Sarah Perez / TechCrunch:
Instagram rolls out chronological Following and Favorites feeds to all iOS and Android users globally, neither of which can be set as the default  —  Instagram today is making a chronological feed available to all users, as earlier promised, alongside another new feed filtering option …
Jon Porter / The Verge:
Carl Pei teases Nothing's Phone (1), a smartphone running Android with a Nothing OS skin, launching this summer  —  Nothing will launch its debut smartphone this summer, its CEO and former OnePlus co-founder Carl Pei announced today during a live stream.  It'll be called the Phone 1 …
The Verge:
Microsoft confirms Lapsus$ 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$ …
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
Bloomberg:
FIFA adds Crypto.com as a sponsor for the 2022 soccer World Cup in Qatar, months after Crypto.com replaced Staples as the title sponsor for Los Angeles' arena  —  Fifa has added Crypto.com as one of the sponsors for this year's soccer world cup in Qatar, the latest step in the cryptocurrency …
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 …
Juli Clover / MacRumors:
For the second day in a row, Apple's App Store, Music, Podcasts, and other services were disrupted; Apple's System Status page says the issues are resolved  —  Apple's services and apps appear to be experiencing yet another outage, with complaints on Twitter about problems with Apple Maps …
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  —  Tokens like the new one from Bored Ape Yacht Club promise to decentralize the web.  So why are insiders reaping most of the profits?  —  I.
Jacob Kastrenakes / The Verge:
Yuga Labs, the owner of three of the top NFT brands including Bored Ape Yacht Club, raises $450M at a $4B valuation led by a16z to build an NFT media empire
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  —  It's going to be $11 more a month  —  SpaceX's internet-from-space program Starlink is increasing prices for both the purchase …
Kate Rooney / CNBC:
Crypto VC Katie Haun, who left a16z in 2021, raises $1.5B, the largest debut fund by a female VC yet, allotting $500M for early- and $1B for late-stage startups  —  - Crypto investor Katie Haun has raised $1.5 billion for her new firm after a surprise departure from Andreessen Horowitz last year.
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
Christine Hall / TechCrunch:
Data orchestration service Astronomer, built on the Apache Airflow open-source tools, raises a $213M Series C led by Insight and acquires data tool Datakin  —  Astronomer has grown quite a lot since we briefly profiled the company back in 2017.  —  At that time, the scrappy data analytics company …
Kyle Alspach / VentureBeat:
MixMode, which develops a self-learning AI system to protect customers from cyberattacks, raises a $45M Series B led by PSG  —  MixMode, which today announced a $45 million series B funding round, has a massive opportunity ahead to deploy its self-learning, “third-wave” …
Thanks:@kylealspach

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This is a Techmeme archive page. It shows how the site appeared at 1:45 PM ET, March 23, 2022.

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

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

Ashley Carman / The Verge:
A look at the confusion, culture clash, and shifting goals in SiriusXM's Stitcher deal, as many shows and over 25% of Stitcher's staff left post-acquisition
The Hill:
A SCOTUS ruling making it harder for people to pursue surveillance cases will undercut Biden's US-EU Privacy Shield negotiations, unless Congress steps in now
Mitchell Clark / The Verge:
Zoom launches Avatars, which lets users show up to meetings as Memoji-like animals, and plans to add new video filter avatar options in the future
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