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September 14, 2023, 12:50 PM
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WeSmirchTop News
| CNBC: |
Arm opens up 10% to ~$56 in its Nasdaq debut, valuing the company at $59.9B, after pricing shares at the upper end of its expected $47 to $51 range — - Arm Holdings has started trading on the Nasdaq under the ticker “ARM.” — SoftBank CFO Yoshimitsu Goto and Arm Holdings CEO Rene Haas pose …
More: Silicon Valley Business …, Bloomberg, Wall Street Journal, MarketWatch, Financial Times, Nikkei Asia, Arm, Reuters, Fast Company, Tech Xplore, and Business Today
Bluesky: @caseynewton.bsky.social. X: @danprimack, @ejzim, @hpc_guru, @davidbelle_, @arm, @tradertvshawn, @tiernanraytech, @danprimack, and @bobpisani
| SemiAnalysis: |
How Arm, following its success in architecture, licensing, and ecosystem, is looking to maintain a sustainable model by raising prices, not chasing market share — Cheap If They Can Charge Qualcomm-like Royalties? — ∙ Paid — Arm's success can be attributed to its innovative architecture … | Mehul Srivastava / Financial Times: |
MGM was likely hacked by “Scattered Spider”, an English-speaking group that previously used help desk phone calls to get passwords and planned to hack the slots — Person claiming to represent cybercriminals explains techniques used to evade detection by casino resort company
More: Cybernews.com, CNBC, Ars Technica, Gizmodo, TechCrunch, Hackread, Dark Reading, IT Brew, Infosecurity, Livemint, Engadget, SiliconANGLE, USA Today, WANE-TV, ComputerWeekly.com, SecurityWeek, DataBreaches.net, and Forbes
Mastodon: @racheltobac@infosec.exchange, @brett@infosec.exchange, @GossiTheDog@cyberplace.social, @zackwhittaker@mastodon.social, @GossiTheDog@cyberplace.social, @da_667@infosec.exchange, and @hn50@social.lansky.name
LinkedIn: Michael DaGrossa, Christina Lekati, and Noah Stanford
Forums: Hacker News and Ars OpenForum
| William Turton / Bloomberg: |
Sources: Caesars Entertainment paid tens of millions of dollars to hackers who breached the company's systems in recent weeks and threatened to release its data — - Hackers stole data, extorted company, people familiar said — Caesars breach came in weeks before MGM announced cyberattack
More: NBC News, Reuters, Wall Street Journal, Engadget, Gizmodo, TechCrunch, Fortune, TechRadar, Las Vegas Review-Journal, MarketWatch, InfoRiskToday.com, iTnews, PYMNTS.com, Benzinga, Fox 5 Las Vegas, Casino.org, and Reuters
X: @carlypage_, @vitalvegas, @rotopat, @williamturton, @mikko, and @williamturton
Forums: r/technology and r/vegas
| Kat Bailey / IGN: |
Unity acknowledges “the confusion and frustration” around its planned install fees but argues that “more than 90% of our customers will not be affected” — Platform holder claims “90 percent of users” won't be affected by change. — Game developers are still furious …
More: HotHardware, BBC, Computer, Enhance!, Tom's Guide, TechPowerUp, Thrice Hinged, Rock, Paper, Shotgun, Ghacks, Game Developer, Push Square, and Decrypt
X: @unity, @megacrit, @geoffkeighley, @paultassi, @cremagames, @teamjunkfish, @dotemu, @indiegamerchick, @mikerugnetta, @dark1x, @grummz, @nitrome, @gamemakerengine, @tha_rami, @humblegrove, @completionist, @duskdev, @tianipixel, @ordinarygamers, @georgebsocial, @chrisdeleon, @merrykish, @nukefist, @mode7games, @smashynick, @dark1x, @kurtruslfanclub, @kommanderkarl, @tafferking451, @stephentotilo, @kriswolfheart, @polymarsyt, @falconeerdev, @gamemakerengine, @oysterfake, @campster, @cabel, @quinnypig, @zenofdesign, @ricardojuchem, @izumi_niche, @razzadoop, @theactman_yt, @smashynick, @tafferking451, @daveoshry, @emiliana_vt, @tighesammy, @konjak, @repiteo, @tomwarren, @cmuratori, @papapishu, @wickedinsignia, @ckunzelman, @nintendrew_, @jakob_wahlberg, @dominictarason, @dylancuthbert, @paultassi, @jmrivera02, @smashynick, @kerissakti, @docsquiddy, @tha_rami, @agrumpyfox, @aggrocrabgames, @andytouch, @georgebsocial, @honestduane, @theswweet, and @mikedrucker
| Jason Schreier / Bloomberg: |
Unity cancels a town hall and closes two offices after receiving what the company says was a credible death threat, following its controversial install fee news — Management announced a controversial pricing decision two days ago — Unity Technologies Inc. canceled a planned town hall …
More: Rock, Paper, Shotgun and Cryptopolitan
| Jez Corden / Windows Central: |
More: Game Developer, Ars Technica, garry.net, PCWorld, Road to VR, Axios, WinBuzzer, Gameranx, GamesIndustry.biz, 404 Media, IGN, TechNode, GamingBolt, GoNintendo, and Unity Forum
Threads: @quillmatiq and @migueldeicaza
Mastodon: @segphault@mastodon.social, @gamingonlinux@mastodon.social, @wiverson@mas.to, and @vampiress@eigenmagic.net
X: @aggrocrabgames, @innerslothdevs, @unity, @stephentotilo, @massivemonster, @tkexpress11, @mikeisaac, @tomwarren, @desolusdev, @writnelson, @scotttrichmond, @eric_seufert, @eric_seufert, @samueldeats, @madewithgodot, @tempolabgames, @dgoodayle, @henryhoffman, @tha_rami, @zaccacts, @jesawyer, @necrosofty, @tafferking451, @mikeisaac, @docsquiddy, @theswweet, @adamatomic, @willmesilane, @madscientist212, @tha_rami, @patstaresat, @chrisdeleon, @jacobjanerka, @duskdev, @necrosofty, @succinct_punchy, @mkatorin, @alexstrook, @larsiusprime, @komegatze, @kriswolfheart, @stephentotilo, @tha_rami, @lazerwalker, @dominictarason, @lazerwalker, @edmondtran, @mortredenjoyer, @kriswolfheart, @kenneynl, @comrade_waluigi, @unity, @mikeisaac, @pimdewitte, @kurtruslfanclub, @chronotope, @henryhoffman, @migueldeicaza, @philippseifried, @alykkat, and @stephentotilo
| Monica Chin / The Verge: |
HP unveils the $5,000+ Spectre Fold, an OLED foldable PC that can be used as a 17-inch tablet, a 17-inch laptop, or a 12.3-inch laptop and weighs less than 3lbs — Over the past few years, companies across the PC space have been engaged in a slow, but steady race to build a foldable laptop that people might actually want to buy.
More: Ars Technica, HP Press Center, HotHardware, TechRadar, ExtremeTech, CNET, PCWorld, Tom's Hardware, XDA Developers, Gizmodo, VentureBeat, TechPowerUp, and Liliputing. Forums: Ars OpenForum
| Sam Rutherford / Engadget: |
More: Android Authority, 9to5Mac, Windows Central, TechSpot, Tom's Guide, Neowin, Digital Trends, and SlashGear. X: @samrutherford
| Bloomberg: |
How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion — Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son and provided a halo effect for his company.
More: The Verge and Bitcoinist.com
X: @chafkin, @0xnccb, @kaleekreider, @mike_eckel, and @notchasecoleman
| Helene Braun / CoinDesk: |
More: Reuters, DL News, CryptoPotato, Unchained Crypto, Cryptonews, CCN.com, The Crypto Basic, Bitcoinist.com, and PYMNTS.com
| Alex Wilhelm / TechCrunch: |
Databricks raised a $500M+ Series I at a $43B valuation, after raising $1.6B at a $38B valuation in August 2021, before a possible IPO, and reports 10K+ clients — Data analytics and AI software maker Databricks has raised a Series I round worth more than $500 million, earning a valuation of $43 billion.
More: The Register, CRN, San Francisco Business Journal, Metaverse Post, FinSMEs, VentureBeat, Bloomberg, Forbes, and CNBC. X: @danprimack
| Wall Street Journal: |
The US Senate's AI Insight Forum: Elon Musk warned of AI risks, Mark Zuckerberg defended open source, all guests agreed the US needs to regulate AI, and more — Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session
More: Meta, New York Times, Gizmodo, The Information, Social Media Today, Associated Press, PYMNTS.com, NBC News, Ghacks, Axios, MediaNama, Senate Democratic Leadership, Bloomberg, CNBC, Insider, SiliconANGLE, SecurityWeek, Reuters, The Verge, Fox Business, New York Post, CNN, The Hill, Fox News, The US Sun, ABC News, The Guardian, Axios, Washington Post, U.S. Senator Ed Markey …, Nextgov/FCW, and NPR
Threads: @senatorlujan, @senatorlujan, and @senatorlujan
X: @senschumer, @frankthorp, @aridrennen, @hawleymo, @jolingkent, @lizshuler, @sundarpichai, @senatorheinrich, @clementdelangue, @wgaeast, @jolingkent, @senschumer, @scottwongdc, @scottwongdc, @jolingkent, @sawyermerritt, and @senmarkey
Forums: r/LocalLLaMA and r/technology
| Bloomberg: |
Lenders allege that Indian edtech giant Byju's hid $533M in an obscure three-year-old hedge fund that once said its main place of business was an IHOP in Miami — - New lender suit seeks to recover cash from Camshaft Capital — Hedge fund was founded just three years ago, lenders say| Sarah Perez / TechCrunch: |
Amazon expands its search and discovery mobile features, like multimodal search and Find-on-Amazon, which lets users find similar products to those in a photo — Amazon is introducing new features that make it easier to search for products on mobile and is challenging other product search engines …
More: About Amazon
| Taylor Lorenz / Rolling Stone: |
Extremely Online book excerpt: how Julia Allison invented the concept of a content creator in the mid-2000s, for which journalists and others villainized her — In her book ‘Extremely Online,’ journalist Taylor Lorenz details how Julia Allison invented the concept of being a content creator a decade before it caught on
More: The Information. X: @chrismohney, @joshkrugerphl, @choire, @taylorlorenz, @taylorlorenz, @kattenbarge, and @lingerie_addict. LinkedIn: Rick Turoczy
| Washington Post: |
Sources: Israeli PM Benjamin Netanyahu plans to fly to the US to meet Elon Musk, the latest attempt by Musk allies to stave off X's growing antisemitism crisis — The meeting with the Israeli prime minister is the latest effort by Musk friends and colleagues to head off a growing battle with the Anti-Defamation League
More: Bloomberg, Reuters, Social Media Today, Fast Company, and The Daily Beast. Mastodon: @mimsical@mastodon.social
| BBC: |
Greater Manchester Police confirm a ransomware attack on its ID supplier, potentially exposing officer identities, one month after a breach in Northern Ireland — Police officers' personal details have been hacked after a company was targeted in a cyber attack.
More: The Record, Graham Cluley, CSO, Associated Press, Infosecurity, and Cybernews.com. X: @troyhunt
| Nicole Nguyen / Wall Street Journal: |
Google plans to offer Chromebook software updates for up to 10 years, starting in 2024, so no current device expires within the next two years, to help schools — With the change, no existing Chromebook will have to expire within the next two years — Google is working to push … | Bloomberg: |
Sources: Microsoft's proposal to unbundle Teams did not satisfy the concerns of EU antitrust regulators, who are readying a formal complaint against the company — Microsoft's recent proposal to split its Teams from a broader business software package and sell it to customers separately …
More: Thurrott, Neowin, and OnMSFT.com
| Alex Konrad / Forbes: |
Linear, which sells project management tools to startups like Cohere, Runway, and Ramp, raised a $35M Series B led by Accel, sources say at a ~$400M valuation — The four-year-old startup founded by three Finns is already used by fellow startups like Cohere, Ramp and Runway.
X: @linear, @cjc, and @alexrkonrad
| Washington Post: |
Day two of Google's trial: Apple complained the DOJ may have violated confidentiality rules, after the DOJ said Google paid Apple $4B to $7B for search in 2020 — Protection of trade secrets versus transparency has been a major debate between Google and activists in the case| New York Times: |
How Instacart CEO Fidji Simo helped find new revenue streams for the company, including via expanding its ads and software, which made $406M in H1 2023 revenue — As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company.
More: Financial Times
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