Techmeme
October 7, 2023, 1:40 AM

Top News

Bill Toulas / BleepingComputer:
23andMe says the genetics company is aware of user data from its platform circulating on hacker forums and attributes the leak to a credential-stuffing attack  —  23andMe has confirmed to BleepingComputer that it is aware of user data from its platform circulating on hacker forums and attributes …
Matt Binder / Mashable:
X appears to be rolling out a new mobile ad format that can't be reported or blocked, lacks an ad label and user profile, and doesn't disclose the advertiser  —  The new ads also don't disclose who the advertiser is or that they are even ads.  —  X, the Elon Musk-owned platform formerly known as Twitter …
Katherine Sayre / Wall Street Journal:
Source: MGM Resorts refused to pay a hackers' ransom in the September cyberattack; filing: MGM estimates the hack will cost the company $100M+ in its Q3 2023  —  Fallout will have a $100 million negative impact on quarterly earnings, Las Vegas-based company says
Anissa Gardizy / The Information:
Source: Microsoft plans to unveil its first chip designed for data centers that train and run LLMs at its annual Ignite developer and IT conference in November  —  Microsoft next month plans to unveil the company's first chip designed for artificial intelligence at its annual developers' conference …
Sergiu Gatlan / BleepingComputer:
Cloud software company Blackbaud agrees to pay $49.5M to settle an investigation by AGs from 49 US states into a May 2020 ransomware attack and data breach  —  Cloud computing provider Blackbaud reached a $49.5 million agreement with attorneys general from 49 U.S. states to settle …
Natasha Lomas / TechCrunch:
The UK's Information Commissioner's Office issues a preliminary enforcement notice to Snap over its My AI chatbot possibly being a risk to children's privacy  —  Snap's AI chatbot has landed the company on the radar of the UK's data protection watchdog which has raised concerns the tool may be a risk to children's privacy.
Andrew Hayward / Decrypt:
Yuga Labs, the creator of Bored Ape Yacht Club and other prominent NFTs, restructures, lays off some US staff, and is still evaluating its international teams  —  Yuga Labs reveals a restructuring effort that has impacted U.S. employees as the $4 billion Bored Ape startup rethinks its priorities.
Ben Schoon / 9to5Google:
Amazon updates its Luna cloud gaming service to let users buy individual games, starting with select Ubisoft titles; users must first link their Ubisoft account  —  Amazon Luna has been struggling to some extent with big library shuffles, but the cloud gaming platform is now introducing a big new feature - the ability to buy games.
Paresh Dave / Wired:
Sales teams at Google, Twilio, and other companies say productivity spiked after they started using ChatGPT-like tools to answer prospective customers' RFPs  —  ChatGPT-style AI can tackle the drudge work of responding to RFPs faster than humans.  Sales teams at Google, Twilio, and others say productivity is spiking.
Reuters:
The Delhi police accuse Xiaomi, Vivo, and others of helping transfer funds illegally to news outlet NewsClick, which is accused of spreading Chinese propaganda  —  Indian police have formally accused Chinese smartphone makers Xiaomi Corp and Vivo Mobile of helping transfer funds illegally …
Tom Warren / The Verge:
Source: Microsoft plans to close its $68.7B Activision Blizzard acquisition on October 13, with a final approval of the deal from the UK CMA expected next week  —  Microsoft is planning to finalize its $68.7 billion proposed acquisition of Activision Blizzard next week.
James Hunt / The Block:
THORSwap moves to “maintenance mode” after criminals linked to the FTX hack in 2022 used the decentralized exchange to convert $38M worth of ether to bitcoin  —  - THORChain-based decentralized exchange THORSwap is “temporarily transitioning” its interface into maintenance mode …

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Earlier Picks

Nilay Patel / The Verge:
Jacquelyn Melinek / TechCrunch:
Emanuel Maiberg / 404 Media:
Austin Weinstein / Bloomberg:
Tom Warren / The Verge: