Techmeme
November 10, 2023, 12:45 PM

Top News

Bill Toulas / BleepingComputer:
Microsoft says the Clop ransomware group is exploiting a zero-day in IT support tool SysAid in “limited” attacks to access corporate servers and deploy Clop  —  Threat actors are exploiting a zero-day vulnerability in the service management software SysAid to gain access …
Decrypt:
Justin Sun's crypto exchange Poloniex says hackers stole $126M+ worth of crypto assets and that the company is working with other exchanges to recover the funds  —  Poloniex, a crypto exchange owned by Tron founder Justin Sun, has seen more than $126 million worth of crypto assets exit …
Adi Robertson / The Verge:
Memo: Tumblr is downscaling its ambitions after failing to reach its goals for a new audience and plans to focus on the website's “core functionality” in 2024  —  Tumblr is downscaling its ambitions after failing to reach goals for a new audience, aiming to move some staff members …
Cheng Leng / Financial Times:
The Chinese foreign ministry says ICBC is trying to minimize losses after the ransomware attack, which a source says is “limited in impact and almost resolved”  —  Hack at Chinese bank's arm disrupted market for US Treasuries on Thursday  —  The Industrial and Commercial Bank …
Bloomberg:
Experts say LockBit is behind the Industrial and Commercial Bank of China hack, a “ransomware as a service” group that hacked the UK's Royal Mail, among others  —  - LockBit is what's known as a ‘ransomware as a service’ group  — It is one of the most prolific ransomware attackers in world
Financial Times:
Jason Schreier / Bloomberg:
After critics pan Activision's Call of Duty: Modern Warfare III, sources blame the game's rushed 16-month development, compared to three years for other titles  —  Game is the first in the series after Microsoft's big acquisition.  —  The latest entry in Activision Blizzard's popular Call …
Wall Street Journal:
Sources: Meta strikes a preliminary deal with Tencent to sell a new, lower-priced VR headset in China in late 2024, 15 years after the country shut out Facebook  —  Chinese videogame maker Tencent agrees to start selling a new lower-cost headset from Meta late next year
Michael Kan / PCMag:
Qualcomm ends its Iridium partnership to bring satellite connectivity to Android phones, started in January 2023, after low adoption by smartphone manufacturers  —  However, Iridium says it's now free to talk with other smartphone and chip vendors on enabling another satellite connectivity deal.
Sean Hollister / The Verge:
A review of Valve's $549 Steam Deck OLED: a great screen, a longer battery life, and better ergonomics, but refresh rate issues and the platform is not stable  —  A new screen, a pile of improvements, and better pricing make this everything the original should have been.
Daniel Wiessner / Reuters:
Apple agrees to pay $25M to settle the US DOJ's claims that the company illegally favored immigrant workers over citizens and green card holders for some jobs  —  Apple Inc (AAPL.O) will pay $25 million to settle claims by the U.S. Department of Justice that the company illegally favored immigrant workers …
Jordan Novet / CNBC:
Unity reports Q3 revenue up 69% YoY to $544.2M, missing $553.7M est. partly due to the fallout from new rules on video games in China, and a $124.1M net loss  —  - Unity's revenue growth fell short of estimates, partly because of fallout from new rules on video games in China.
Sean Hollister / The Verge:
Epic v. Google: internal documents show that Google offered to only take a 10% cut of Netflix's in-app payments on Android in 2017; Netflix didn't take the deal  —  Netflix did, too.  —  In 2017, Google offered Netflix a special discounted rate of 10 percent of its in-app payments on Android …
Amanda Hoover / Wired:
Omegle was forced to shut down as part of a settlement of a user's lawsuit claiming its design enabled her to be sexually abused since when she was 11  —  Omegle connected strangers to one another and had a long-standing problem of pairing minors with sexual predators.  A legal settlement took it down.
Manish Singh / TechCrunch:
Paresh Dave / Wired:

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 6: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Fri. 11/15 - Crypto Ascendant
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:45 PM ET, November 10, 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.

More News

Madhumita Murgia / Financial Times:
Om Malik / On my Om:
Dean Takahashi / VentureBeat:

Earlier Picks

Soma Biswas / Wall Street Journal:
Bloomberg:
Kyle Wiggers / TechCrunch:
Camomile Shumba / CoinDesk:
Taras Buria / Neowin: