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August 11, 2023, 12:55 PM
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Top News

Andrew J. Hawkins / The Verge:
After a contentious public hearing, the California Public Utilities Commission will let Waymo and Cruise operate driverless cabs 24/7 throughout San Francisco  —  Waymo and Cruise were approved to operate their robotaxi services 24/7 in San Francisco after a contentious six-hour public hearing …
Bloomberg:
Sources: the US Cyber Safety Review Board, created by Biden, plans to investigate cloud computing risks, including Microsoft's recent government email breach  —  - Cyber Safety Review Board to examine targeting of cloud  — Senator Wyden had called for investigations of Microsoft
Lorenzo Franceschi-Bicchierai / TechCrunch:
Researchers deployed exposed Windows servers as honeypots for hackers, recording 190M events and 100 hours of video of their actions, like installing malware  —  Imagine being able to sit behind a hacker and observe them take control of a computer and play around with it.
Josh Taylor / The Guardian:
At an Australian Parliament hearing, an X executive defended restoring an account that shared CSAM as an example of sharing “out of outrage to raise awareness”  —  At Australian parliamentary hearing, company points to content being shared ‘out of outrage to raise awareness of an issue’
Frederic Lardinois / TechCrunch:
Oracle, SUSE, and CIQ launch the Open Enterprise Linux Association to foster RHEL-based distributions development, after Red Hat limited RHEL source code access  —  The fallout from Red Hat's recent decision to make it harder to access to the source code of its flagship Red Hat Enterprise Linux (RHEL) distribution continues.
Financial Times:
Biden's Chinese tech EO leaves US VCs and private equity firms trying to work out the impact on their holdings and weighing up strategies to comply or exit  —  Private equity and venture capital funds targeted in Biden administration's crackdown  —  After President Joe Biden announced a ban …
Victoria Song / The Verge:
How yesteryear's screenless fitness bands were largely replaced by either more powerful and cheaper smartwatches or wearables with pricey monthly subscriptions  —  Smartwatches are the default wearable option these days, but why is it so hard to find simple yet affordable alternatives like the fitness bands of yesteryear?
More: The Verge.  Forums: r/technews
Ivan Mehta / TechCrunch:
X lowers eligibility threshold for ads revenue sharing from 15M to 5M impressions within the past 3 months; Musk says only views from “verified handles” count  —  Elon Musk-owned social network X, formerly Twitter, said late Thursday that it is lowering requirements for its creator payout program.
Reuters:
ION Group, which sells trading, analytics, and other financial market tools, plans to acquire Italian credit management company Prelios, sources say for €1.35B  —  U.S. hedge fund Davidson Kempner Capital Management (DK) said on Friday it had agreed to sell Prelios to fintech firm ION Group …
Reuters:
Filing: Bittrex agrees to pay $24M to settle US SEC claims that the crypto exchange failed to register with the agency; Bittrex doesn't admit to the allegations  —  Bittrex has agreed to pay $24 million to settle claims by the U.S. Securities and Exchange Commission that the cryptocurrency exchange failed …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, August 11, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
Richard Parsons, who had a long career as chairman, CEO, and as a board member of media companies including CBS and Time Warner, died at 76 of bone cancer

Reuters:
Palestinian sources say an Israeli airstrike killed five journalists from Al-Quds Today; the Israeli military called the five “operatives posing as journalists”

Inside Radio:
iHeart reduces its total debt by over $440M and extends most of its debt maturities by three years, by using debt exchange transactions

More News

Yueqi Yang / Bloomberg:
Circle has $1B+ in cash and had $779M in revenue in H1 2023, compared to $772M for all of 2022; USDC in circulation is down to ~$26B from ~$45B in January 2023
Brian Heater / TechCrunch:
Skydio shuts down its consumer drone business and plans to expand its enterprise offerings, after raising a $230M Series E at a $2.2B valuation in February 2023
Emma Roth / The Verge:
CISA releases a report detailing Lapsus$'s key techniques, calls for passwordless logins, and asks the FTC and the FCC for stricter SIM swapping protections

Earlier Picks

Justine Calma / The Verge:
Google, American Airlines, and Bill Gates' fund Breakthrough Energy partner to use AI to chart more sustainable flights by avoiding routes that create contrails
Jay Peters / The Verge:
Mark Zuckerberg says Meta plans to add Threads features this week: share posts to Instagram DMs, a mention button, and a way to add custom alt text for media
Tom Mitchelhill / Cointelegraph:
Fireblocks discloses BitForge, a set of zero-day flaws affecting widely used crypto wallets; Coinbase, Binance, and Zengo have patched their BitForge flaws
Rosie Perper / CoinDesk:
Y00ts, once a top Solana-based NFT project and that moved to Polygon in December 2022, plans to migrate to Ethereum and to return its $3M grant from Polygon
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