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Techmeme
November 10, 2023, 10:10 AM
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Top News

Bloomberg:
Experts say LockBit is behind the Industrial and Commercial Bank of China hack, a “ransomware as a service” group behind UK's Royal Mail hack 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:
A ransomware attack stopped the Industrial and Commercial Bank of China, the country's largest bank, from settling US Treasury and some equity trades  —  Chinese bank says it has contained a hack that affected some fixed income and equities transactions  —  A ransomware attack …
Adi Robertson / The Verge:
Tumblr is downscaling its ambitions after failing to reach its goals for a new audience and plans to focus on the site'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 to other divisions of parent company Automattic.
Bill Toulas / BleepingComputer:
Microsoft: MOVEit hackers are exploiting a zero-day flaw in IT support tool SysAid in “limited” attacks to access corporate servers and deploy Clop ransomware  —  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 more than $126M worth of crypto assets and it's working with other exchanges to recover funds  —  Poloniex, a crypto exchange owned by Tron founder Justin Sun, has seen more than $126 million worth of crypto assets exit one of its wallets as the result of a “hack incident.”
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.
Paresh Dave / Wired:
Humane plans to open Ai Pin pre-orders on November 16, starting at $699 plus $24/month for unlimited calls, texts, and data via T-Mobile, shipping in early 2024  —  If you're willing to clip the Ai Pin to your chest, you can talk, gesture, and tap to take photos or summon a powerful virtual assistant.
New York Times:
A look at Humane's $699 clip-on Ai Pin, the culmination of five years of work, $240M in funding, and 25 patents; Humane expects to sell ~100K in the first year
Wall Street Journal:
Sources: Meta strikes a preliminary deal with Tencent to sell a new, lower-priced VR headset in China, beginning in late 2024  —  Chinese videogame maker Tencent agrees to start selling a new lower-cost headset from Meta late next year  —  SINGAPORE—Meta Platforms has struck a preliminary deal …
Michael Kan / PCMag:
Qualcomm ends its partnership with Iridium to bring satellite connectivity to Android phones, after launching the Snapdragon Satellite platform in January 2023  —  However, Iridium says it's now free to talk with other smartphone and chip vendors on enabling another satellite connectivity deal.
Daniel Wiessner / Reuters:
Apple agrees to pay $25M to settle the US DOJ claims that the company illegally favored immigrant workers over US 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 estimates of $553.7M partly because of the fallout from new rules on video games in China; U drops 15%+  —  - Unity's revenue growth fell short of estimates, partly because of fallout from new rules on video games in China.
Soma Biswas / Wall Street Journal:
A bankruptcy court lets Celsius Network end its bankruptcy case, return most of its deposits back to users, and form a new company focused on mining and staking  —  A bankruptcy judge allowed the onetime crypto lender to return some of its customers' deposits while forming a new company focused on mining and staking
Janko Roettgers / Lowpass:
Sources: Amazon is working on Vega, a new OS to replace Android on Fire TVs, smart displays, and other devices and could ship Fire TV devices with Vega in 2024  —  Vega, baby! … Amazon has been working on a new operating system to replace Android on Fire TVs, smart displays and other connected devices …
Madhumita Murgia / Financial Times:
The UK's NHS is using a predictive scoring algorithm called the National Liver Offering Scheme, found to have errors, to help decide who gets a liver transplant  —  Sarah Meredith was in urgent need of a liver when she found out an algorithm would be making the life-or-death decision

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This is a Techmeme archive page. It shows how the site appeared at 10:10 AM ET, November 10, 2023.

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From Mediagazer

BBC:
Three Bulgarians were found guilty of spying for Russia; they targeted journalists Christo Grozev and Roman Dobrokhotov, who have worked with Bellingcat

Anupreeta Das / New York Times:
A look at India's book festival boom, driven by young people who are increasingly reading literature in their native languages alongside books in English

Winston Cho / The Hollywood Reporter:
After Disney, WBD, Apple, Amazon and others resumed ads on X, five US senators have asked the DOJ to probe whether Musk is pressuring businesses to return to X

More News

Dean Takahashi / VentureBeat:
Helsinki-based Noice, a game livestreaming service that lets viewers participate in the gameplay experience, raised a $21M Series A
Bloomberg:
Amazon and Meta are testing a feature that shows US shoppers real-time prices and lets them buy products on Amazon directly from ads on Instagram and Facebook
Kyle Wiggers / TechCrunch:
OpenAI announces Data Partnerships to collaborate with organizations to build public and private datasets that “reflect human society” for AI model training

Earlier Picks

Camomile Shumba / CoinDesk:
The EU Parliament approves the Data Act, which has a kill switch clause for automated data-sharing agreements; the legislation now needs EU Council approval
Jennifer Pattison Tuohy / The Verge:
Apple, Google, and Samsung partner with Schlage, Yale, Qualcomm, and NXP to build Aliro, an open standard for smart locks and digital keys, targeting early 2025
Taras Buria / Neowin:
Microsoft says OneDrive users won't be asked for feedback when quitting the app on Windows and that this type of feedback helps teams improve the product
Manish Singh / TechCrunch:
Omegle, a service founded in 2009 for chatting with strangers, shuts down; founder Leif K-Brooks blames rising misuse, including in committing “heinous crimes”
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