Techmeme
April 13, 2022, 7:25 AM

Top News

Jonathan Greig / The Record:
Ukrainian officials say they stopped an attack on an energy facility with help from ESET and Microsoft, and identified a new variant of the Industroyer malware  —  Ukrainian officials said they stopped an attack on an energy facility with the help of researchers from ESET and Microsoft.
Cheyenne Ligon / CoinDesk:
Former Ethereum developer Virgil Griffith is sentenced to 5+ years in prison and fined $100K for helping North Koreans use cryptocurrencies to evade sanctions  —  Griffith previously pleaded guilty to one count of conspiracy to violate international sanctions for giving a talk at a crypto conference in Pyongyang in 2019.
Alex Sherman / CNBC:
Sources: two weeks after the launch of CNN+, the premium streaming service has garnered under 10K DAUs, amid reports that CNN has spent ~$300M on the effort  —  - Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, sources said.
Bob Van Voris / Bloomberg:
Elon Musk is facing a proposed shareholder class action that alleges Musk's delayed SEC filings disclosing his stake kept Twitter's share price artificially low  —  Elon Musk was sued by a Twitter Inc. shareholder who claims the Tesla Inc. CEO's delay in disclosing his ownership of more than 5% …
Charlie Osborne / ZDNet:
Elizabeth Lopatto / The Verge:
MoonPay, which lets users buy crypto and NFTs with credit cards, announces Justin Bieber, Gwyneth Paltrow, and other celebs invested $86.7M at a $3.4B valuation  —  First, they bought NFTs with MoonPay — then they bought MoonPay  —  MoonPay, the company that lets consumers pay for digital assets …
Joseph Cox / VICE:
Court docs: T-Mobile paid hackers ~$200K via a third party to stop an ongoing leak of stolen data on 30M customers, but the hackers kept selling it regardless  —  After hackers targeted T-Mobile in August, T-Mobile hired a third-party firm that went undercover and bought exclusive access to the data.
New York Times:
Many tech companies, eager to please employees returning to offices, are providing perks like concerts with pop stars, food trucks, and “appreciation events”  —  Tech companies really want their employees to be happy — or at least less annoyed — about returning.
Michael Bellusci / CoinDesk:
Cryptocurrency lender Celsius, recently valued at ~$3B, says only accredited US investors will be able to add new assets and earn rewards starting April 15  —  In the US, only accredited investors, and those with coins already in the Earn platform, will be able to earn rewards.
Jack Gillum / Bloomberg:
A group of cybersecurity companies specializing in securing US critical infrastructure form a coalition to work with the government and adopt uniform standards  —  A group of cybersecurity companies that specialize in securing critical infrastructure said Tuesday they've formed a lobbying group …
David Hundeyin / West Africa Weekly:
An investigation into Nigerian payments startup Flutterwave, valued at $3B, alleges employee stock option fraud, sexual harassment, and workplace bullying  —  On the night of Sunday March 20, 2022, a particular WhatsApp group wouldn't stop buzzing.  —  Word had got out that a big story …
Chandra R Srikanth / Moneycontrol:
Ola CEO Bhavish Aggarwal is stepping away from day-to-day operations to focus more on engineering and product, CFO GR Arun Kumar will drive operations  —  Ola was last valued at $7.3 billion when it raised $139 million in its Series J round.  —  Ola founder and CEO Bhavish Aggarwal will step …
Ben Thompson / Stratechery:
OpenAI's DALL-E 2 and other AI models' ability to generate new content at zero marginal cost has major implications for the metaverse, social networks, and more  —  Last week OpenAI released DALL-E 2, which produces (or edits) images based on textual prompts; this Twitter thread from @BecomingCritter …
Ingrid Lunden / TechCrunch:
Salsify, which helps e-commerce brands manage inventory, raises a $200M Series F led by TPG at a $2B valuation and says it has 1,200 customers  —  E-commerce is booming, but it's become increasingly apparent over the years that the businesses that are able to capitalize on that trend …
Michael Bellusci / CoinDesk:
NFT and metaverse content creation company Infinite Reality announces an all-stock deal worth $470M to acquire esports company ReKTGlobal  —  ReKT is known for its ownership of the successful esports teams Team Rogue and the London Royal Ravens.  —  Metaverse company Infinite Reality …
Sarah Perez / TechCrunch:
TikTok is rolling out Effect House, which lets creators make AR effects that others can use in videos, to all users after a closed beta test last fall  —  Last August, TechCrunch noted TikTok was working to build its own augmented reality (AR) development platform called Effect House …
Giles Turner / Bloomberg:
Google says it will invest $9.5B across 2022 to build US offices and data centers, with plans to create 12,000 jobs, up from the $7B announced in 2021  —  Google said it will invest $9.5 billion in offices and data centers in the U.S. over 2022., putting money behind its bid to get more workers back in its buildings.
More: Reuters and The Keyword

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