Techmeme
June 1, 2024, 6:35 AM

Top News

Sergiu Gatlan / BleepingComputer:
Researchers say a threat actor claims to have hacked Ticketmaster and Santander using stolen credentials of a Snowflake employee; Snowflake disputes the claims  —  A threat actor claiming recent Santander and Ticketmaster breaches says they stole data after hacking into an employee's account at cloud storage company Snowflake.
Joseph Cox / 404 Media:
Filing: Ticketmaster confirms “unauthorized activity within a third-party cloud database”, after a hacking group advertised alleged data of 560M users for sale  —  Live Nation, the parent company of Ticketmaster, confirmed it found “unauthorized activity” within a cloud database …
Owen Walker / Financial Times:
Hacking group ShinyHunters offers to sell alleged data of Santander staff and 30M customers; Santander warned on May 14 that a database had been compromised  —  ShinyHunters group is advertising data it says includes account details of 30mn customers  —  Hackers are offering to sell …
Sarah Wynn / The Block:
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto  —  - U.S. President Joe Biden vetoed a bill to overturn a controversial Securities and Exchange Commission bulletin, SAB 121 …
Brian Fung / CNN:
FCC ends the Affordable Connectivity Program, which helped low-income Americans afford internet service, after the House failed to approve additional funding  —  The Affordable Connectivity Program, which helped low-income Americans get online, is no more.  —  On Friday, the US government announced …
Reuters:
Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident  —  TOKYO, May 31 (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin …
Politico:
YC is lobbying in Washington to support “Little Tech” over concerns that AI regulations meant to head off harms will instead help Big Tech maintain its lead  —  Venture capital firms are bringing San Francisco's startup culture to Washington as they try to tip the regulatory scales away from giants in the sector.
Manish Singh / TechCrunch:
Jio Financial Services, part of Reliance, launches the JioFinance app to provide digital banking, bill payments, and other services in a crowded Indian market  —  Indian conglomerate Reliance Group is making its boldest consumer-facing move yet into financial services with the launch of JioFinance …

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More News

Counterpoint Research:
Winston Cho / The Hollywood Reporter:
Ben Lovejoy / 9to5Mac:
Michael Kan / PCMag:
Joshua Benton / Nieman Lab:
Shubham Sharma / VentureBeat:

Earlier Picks

Axios:
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Abner Li / 9to5Google:
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Gerrit De Vynck / Washington Post: