Techmeme
July 2, 2024, 10:05 AM

Top News

Lorenzo Franceschi-Bicchierai / TechCrunch:
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers  —  The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
Aisha S Gani / Bloomberg:
Revolut's 2023 revenue almost doubled to £1.8B after interest income grew from £83M in 2022 to £500M; auditor BDO gave Revolut's accounts a clean bill of health  —  - UK fintech's interest income jumps sixfold to £500 million  — Auditor BDO gives financial accounts a clean bill of health
Lucian Constantin / CSO:
Qualys researchers say an OpenSSH flaw can let attackers remotely compromise servers and allow unauthenticated RCE as root; over 14M servers may be vulnerable  —  Researchers from Qualys say regreSSHion allows attackers to take over servers with 14 million potentially vulnerable OpenSSH instances identified.
Georg Szalai / The Hollywood Reporter:
Tubi launches in the UK with over 20K movies and TV episodes, featuring content from distributors including Disney, Lionsgate, NBCUniversal, and Sony Pictures  —  The ad-supported streamer now has more than 80 million monthly active users.  —  Tubi, the free advertising-supported streaming service owned …
CBS News:
SCOTUS orders lower courts to take another look at Texas' and Florida's social media laws, saying neither lower court conducted proper analysis of 1A challenges  —  Washington — The Supreme Court on Monday ordered lower courts to take another look at a pair of laws from Florida and Texas …
Elizabeth Lopatto / The Verge:
SEC charges parent company of crypto-friendly Silvergate Bank and execs with misleading investors about its AML compliance strength; Silvergate settles for $50M  —  Silvergate Bank, once a cornerstone of the crypto financial world until its collapse in early 2023, defrauded its investors …
Bloomberg:
Sources: Northern Data is weighing a US IPO of its combined AI cloud computing and data center businesses at a valuation of up to $16B as early as in H1 2025  —  - Combined cloud, data center business could list on Nasdaq  — Company secured financing from Tether Group to buy chips
Ivan Mehta / TechCrunch:
Meta changes its “Made with AI” label to “AI info”, to indicate images were not necessarily created with AI but that AI editing tools may have been used  —  After Meta started tagging photos with a “Made with AI” label in May, photographers complained …
Paresh Dave / Wired:
Some YouTube employees detail internal deliberations about content relating to the Israel-Hamas war and accuse the company of inconsistent moderation  —  Insiders have shared YouTube's playbook for handling the Gaza crisis.  They argue that it shows inconsistent enforcement.
Sarah Perez / TechCrunch:
YouTube rolled out a policy change that will let people request the takedown of AI-generated or other synthetic content that simulates their face or voice  —  Meta is not the only company grappling with the rise in AI-generated content and how it affects its platform.

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