Techmeme
May 24, 2023, 8:50 PM

Top News

Rohan Goswami / CNBC:
Microsoft says Chinese state-sponsored hackers compromised “critical infrastructure organizations” across US industries, with a focus on gathering intelligence  —  - Chinese state-sponsored hackers have compromised “critical” cyber infrastructure in a variety of industries …
Reuters:
Kevin Breuninger / CNBC:
Florida Governor Ron DeSantis' presidential campaign announcement on Twitter Spaces suffers crashes, feedback glitches, and audio failures  —  - Florida Gov. Ron DeSantis' presidential campaign announcement plans evening were derailed by massive technical glitches on Twitter that prevented him from declaring his candidacy.
Philip Bump / Washington Post:
Mark Gurman / Bloomberg:
Sources: Apple plans a smart home display-like iOS 17 mode showing notifications, appointments, the weather, and more when an iPhone is locked in landscape mode  —  Apple Inc. is planning a new interface for iPhones that shows information such as calendar appointments, the weather and notifications …
The Verge:
Sony announces a handheld device, known as Project Q, with an 8-inch screen for streaming games from a PS5 via Remote Play over Wi-Fi, launching later in 2023  —  Sony has officially confirmed it's working on a PlayStation handheld to make it easier to play your PS5 games.
Bloomberg:
Sources: some Meta employees say important work has been at a standstill and the company's 2023 product roadmap is undecided, as its final round of layoffs ends  —  Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts …
Kif Leswing / CNBC:
Nvidia reports Q1 revenue down 13% YoY to $7.19B, vs. $6.52B est., Data Center revenue up 14% YoY, and a Q2 revenue forecast above estimates; NVDA jumps 20%+  —  - Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading.
Annie Palmer / CNBC:
Snowflake reports Q1 revenue up 48% YoY to $623.6M, vs. $608M est., forecasts Q2 product revenue below est., and plans to acquire startup Neeva; SNOW drops 10%+  —  - Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.
New York Times:
Sources and docs: TikTok employees have regularly posted user data on ByteDance's internal messaging tool Lark, leading some staff to raise privacy concerns  —  Employees of the Chinese-owned video app have regularly posted user information on a messaging and collaboration tool called Lark, according to internal documents.
Sergiu Gatlan / BleepingComputer:
The US Treasury sanctions four entities and one individual over North Korea's “army” of illicit IT workers, often located in Russia and China, and cyberattacks  —  The Treasury Department's Office of Foreign Assets Control (OFAC) announced sanctions today against four entities …
Tom Warren / The Verge:
Surface Pro X owners say the laptop's cameras stopped working this week; a workaround suggests the problem could be related to an expired security certificate  —  Surface Pro X owners are reporting that the cameras on their devices have stopped working this week.
Misha Savic / Bloomberg:
A Montenegrin court overturns a lower court's decision that would have let Terraform Labs co-founder Do Kwon be released on €400K bail; Kwon remains in jail  —  A Montenegrin court has annulled a lower court's decision under which former crypto mogul and Terraform Labs co-founder Do Kwon would be released on bail.
Frederic Lardinois / TechCrunch:
Elementl, which offers data orchestration services based on Dagster, raised a $33M Series B led by Georgian, bringing its total funding to $48.8M  —  Elementl, a startup that is building a data platform based on the popular Dagster orchestrator, today announced that it has raised a $33 million Series B round led by Georgian.
Rafaela Lindeberg / Bloomberg:
European gaming giant Embracer says a “groundbreaking strategic partnership” worth $2B+ collapsed and slashes its 2023 profit forecast; EMBRAC-B drops 40%+  —  One of Europe's largest gaming companies has slashed its profit forecast for the year after a planned partnership fell through worth more than $2 billion in revenue.
Stephen Witt / Rest of World:
An influx of digital nomads, about half from the US, to Medellín, Mexico City, and other cities boosts local economies, but locals complain of being priced out  —  Cities from Canggu to Medellín are welcoming tech workers, but locals complain they're being priced out.
Matt Day / Bloomberg:
Six weeks after Amazon demoed its generative AI tech with an unusually vague announcement and just one testimonial, most cloud customers still don't have access  —  Amazon.com Inc.'s cloud customers are clamoring to get their hands on the ChatGPT-style technology the company unveiled six weeks ago.
Financial Times:

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