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September 16, 2022, 7:50 AM
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| New York Times: |
Uber is investigating a breach of its systems and has taken some of its internal communications and engineering systems offline; Uber stock is down 5%+ — The company said on Thursday that it was looking into the scope of the apparent hack. — Uber's computer network was breached on Thursday …
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CNN, Reuters, CSO, Wall Street Journal, PYMNTS.com, BBC, Gizmodo, Finbold, PCMag, Courthouse News Service, Security Affairs, TechCrunch, Silicon Republic, Tech Monitor, LinkedIn, Tom's Guide, Graham Cluley, DataBreachToday.com, Neowin, ComputerWeekly.com, SecurityWeek, Infosecurity, TechCircle, ZDNet, Digital Trends, The Economic Times, Forbes, Mashable, The Guardian, Engadget, Fortune, The Hacker News, Insider, and BGR India
| Washington Post: |
The Uber hacker, who reportedly claims to be 18 years old, says they had breached the company for fun and might leak its source code “in a few months” — The company said in a tweet it was “responding to a cybersecurity incident” — SAN FRANCISCO — Uber's computer systems …
More:
The Verge and Slashdot
Tweets: @hacker_, @coltonseal, @laurentbercot, @k8em0, @rik_ferguson, @da_667, @aaschapiro, @faizsays, @kantrowitz, @tomwarren, and @samwcyo
| Lawrence Abrams / BleepingComputer: |
Security engineer says Uber hacker had access to its HackerOne bug bounty program; source: the hacker downloaded all vulnerability reports before losing access — Uber suffered a cyberattack Thursday afternoon with a hacker gaining access to vulnerability reports and sharing screenshots …
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BetaNews
| Wall Street Journal: |
Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws — SEC chairman says system used by ether following software update could trigger securities laws — WASHINGTON—Ethereum's big software update …
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Decrypt, CoinDesk, Blockworks, CryptoPotato, Coin Center, Bloomberg, CoinGape, CryptoSlate, CryptoGlobe, Forkast, Crypto Daily, PYMNTS.com, Bitcoinist.com, Crypto Adventure, and Decrypt
Tweets: @belisarius2020, @ldrogen, @panekkkk, @basedkarbon, @cryptoncoffeee, @neerajka, and @piriya
| Mike Truppa / The Block: |
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The Guardian, CoinDesk, Bloomberg, Cointelegraph, Bitcoinist.com, Tech in Asia, Coinspeaker, New York Times, Ars Technica, and crypto.news
Tweets: @vitalikbuterin, @koeppelmann, @vitalikbuterin, @cirrusnft, @beeple, @vanityblocks, @cz_binance, @vitalikbuterin, @ercwl, @digieconomist, @petermccormack, @el33th4xor, @bgarlinghouse, @krls, @0xfoobar, @gaberivera, @preston_vanloon, @hasufl, @saylor, @robustus, @hasufl, @cryptohayes, @lopp, @robustus, @hosseeb, @balajis, @trustlessstate, @kaiynne, @ryansadams, @trustlessstate, @matthuang, @fintechfrank, @steventdennis, @lopp, @alex, @cobie, @digitalassetbuy, @agenttinsley, and @0xtransition
| Meghan Bobrowsky / Wall Street Journal: |
COO Vanessa Pappas told senators that TikTok is working on a final deal with CFIUS that satisfies all US national security concerns, but didn't give a timeline — Lawmakers express concern over potential Chinese influence of the popular short-video app — Investigation: How TikTok's Algorithm Figures Out Your Deepest Desires
More:
CNN, Slashdot, and Social Media Today
| Bloomberg: |
PitchBook: Figma deal is the largest exit for a VC-backed company in ~20 years; source: Index Ventures' ~12% stake makes it Figma's biggest outside shareholder — Danny Rimer first invested in Figma in 2012, shortly after the company was established and began developing software tools for designers.
More:
The Information and Crunchbase News
Tweets: @c0up, @katie_roof, @kateclarktweets, and @kateclarktweets
| Bloomberg: |
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Adobe Press Releases, Figma, Wall Street Journal, The Verge, ZDNet, Fortune, CRN, Greylock, SecurityWeek, Trak.in, CNBC, Daring Fireball, TechCabal, Space Among The Clouds, Forrester, San Francisco Business Journal, Science Business Today, and Index Ventures
Tweets: @zoink, @kateconger, @joshm, @nbashaw, @rolfewinkler, @litcapital, @semil, @kwharrison13, @gergelyorosz, @tomwarren, @adobe, @juanbuis, @johnolilly, @greylockvc, @katie_roof, @lkanies, @scottw_grizzle, @ravisutanjani, @charlespattson, @ajmedick, @tanayj, @balamobi, @kateclarktweets, @kateclarktweets, @reidhoffman, @jenniferdaniel, @darkviperau, @purplemikey, @timsweeneyepic, @peteskomoroch, @shpigford, @ericajoy, @cynthialive, @sbisson, @kenneynl, @leyeconnect, @jaminball, @notdetails, @gk3, @tomwarren, @levie, @mrdoob, @stammy, @cartunenetwerk, @balajis, @rubenharris, @rga, @hyumankind, @gergelyorosz, @nikitabier, @jevon, @gergelyorosz, @ricmac, @mrdoob, @mamoonha, @uxwendy, @leeloowrites, @katie_roof, @alurdesign, @om, @om, @mamoonha, @hunterwalk, @reichenstein, @reichenstein, @reichenstein, @joepwilliams31, @noupside, @reichenstein, @bigmeaninternet, @ashleymayer, @hunterwalk, @rayno, @chrismessina, @andrewparker, @ampressman, @levie, @ncresq, @siddarthpaim, @btaylor, @tinch, @seldo, @jowyang, @villi, and @alex
| Sandali Handagama / CoinDesk: |
Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban — The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading.| Natasha Singer / New York Times: |
California Governor Newsom signs into law an online safety bill that puts limits on the data companies collect on minors; the law goes into effect in July 2024 — The bill could require many social media sites, games and other online services used by children to install protections for minors.| Casey Newton / Platformer: |
Source: Meta's Chris Cox directed the New Product Experimentation division to scale back; Meta says the division will focus on short-form video — Facebook's New Product Experimentation division is scaling back its mission dramatically, Platformer has learned.
More:
Social Media Today. Tweets: @caseynewton, @paultassi, @martinsfp, @advodude, @quinnypig, @darth, @stevensonpj, and @platformer
| New York Times: |
Former TikTok and ByteDance staff say TikTok CEO Shou Zi Chew's power is limited, with ByteDance's founder and other executives making most decisions — Shou Zi Chew, TikTok's chief executive, is balancing how to be an autonomous leader while juggling the demands of the app's Chinese parent company.| Nico Grant / New York Times: |
Leaked audio: YouTube will lower the barriers to entry for its partner program and bring ads to Shorts, paying creators 45% of ad money vs. 55% for YouTube ads — The video platform will let more creators earn payments and place ads in Shorts, its TikTok competitor, according to audio from an internal meeting.| The Information: |
Memo to staff: Adam Mosseri says Instagram's creator surveys show the app lags behind TikTok and YouTube on the most important creator satisfaction dimensions — For the past couple of years, as Instagram has sought to better compete with TikTok, becoming more appealing to creators has been a top priority.
Tweets: @gtinari, @kyliebytes, @kyurieff, @mattnavarra, @kyurieff, and @onealafrica
| Paul Hill / Neowin: |
Amazon announces the US launch of Veeqo, a shipping software that lets sellers connect their sales channels and access discounts on UPS, USPS, DHL, and FedEx — Amazon has announced that it's launching a new version of Veeqo in the United States. Veeqo is a multichannel shipping service … | Financial Times: |
Sources: UK's new PM Liz Truss is planning a last-ditch bid to persuade SoftBank to list Arm in London, pushing for talks after the Queen's mourning period — UK prime minister to push for talks with Japanese owner of British tech company — Prime Minister Liz Truss and chancellor Kwasi Kwarteng …
More:
UKTN and The Economic Times
| Dustin Volz / Wall Street Journal: |
US DOJ forms the Digital Asset Coordinators Network with 150+ federal prosecutors across the country to target illegal activities involving digital currencies — New effort is part of trend toward putting more resources to target illegal activities involving digital currencies| Heather Somerville / Wall Street Journal: |
Research: Chinese investment in US VC funds hit ~$880M in 2022, the second-highest level in 12+ years; China-linked groups invested $4B+ into US VCs since 2010 — New report shows 2022 on pace to be one of the strongest years for investment despite tensions between the two countries
Tweets: @amyzegart and @hraleighspeaks
| Charles Hutzler / Wall Street Journal: |
More:
Washington Post, The Hill, The White House, South China Morning Post, PYMNTS.com, and New York Times. Tweets: @ericnewcomer
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Tweets: @caseynewton, @gaberivera, @theanujsaharan, @sqiouyilu, @danaditomaso, and @melissa_repko