Techmeme
July 12, 2024, 2:20 AM

Top News

Zack Whittaker / TechCrunch:
A May 2024 data breach at mobile spyware company mSpy leaked millions of customer support tickets, including personal data, its third known breach since 2010  —  Customer service emails dating back to 2014 exposed in May breach  —  A data breach at the phone surveillance operation mSpy …
Andrew Cunningham / Ars Technica:
Arm unveils Accuracy Super Resolution, an upscaler for mobile games based on AMD's FidelityFX Super Resolution 2, available under the MIT open-source license  —  Arm “Accuracy Super Resolution” is optimized for power use and integrated GPUs.  —  Some of the best Arm processors come …
Rachel Metz / Bloomberg:
OpenAI creates five levels to track its progress toward AGI: Chatbots, Reasoners, Agents, Innovators, and Organizations, and says it's nearly at level two  —  The company believes its technology is approaching the second level of five on the path to artificial general intelligence
Leo Schwartz / Fortune:
The US SEC drops its investigation into Paxos over its BUSD stablecoin issued in partnership with Binance, after sending Paxos a Wells notice in February 2023  —  As the crypto industry continues its calls for regulatory clarity, a glaring question has been whether stablecoins …
Lawrence Abrams / BleepingComputer:
Signal plans to roll out a beta version of its desktop apps that tightens the security of how it stores plain text encryption keys, after downplaying the issue  —  Signal is finally tightening its desktop client's security by changing how it stores plain text encryption keys for the data store after downplaying the issue since 2018.
Olga Kharif / Bloomberg:
Chainalysis: more than half of all illicit transaction volume in crypto now winds up on centralized exchanges  —  - Chainalysis finds record stablecoin usage in suspect activity  — Over half of illegal funds wind up on centralized exchanges  —  Suspect digital wallets have distributed close …
Financial Times:
SoftBank buys struggling UK-based chipmaker Graphcore with regulatory approval; sources: the deal is valued at ~$600M, less than the ~$700M Graphcore had raised  —  Deal will give Bristol-based company a resource boost while advancing the ‘next big bet’ of Masayoshi Son's group
Chris Metinko / Crunchbase News:
Asia-based startups raised only $14.6B in Q2 2024, down 24% from Q1 and 32% YoY, with only 1,511 funding deals announced in Q2, down 15% from Q1 and 27% YoY  —  Despite a slight resurgence across the global venture funding landscape, Asia seems to be left behind.
Bloomberg:
Apple settles with the EU over Apple Pay and avoids potential fines by agreeing to open NFC access on iOS to third-party wallet developers for free for a decade  —  - EU accepts Apple pledge to open up payment tech to rivals  — Firm still faces mounting EU antitrust scrutiny in other areas
Wired:
Arab and Muslim workers at Meta detail frustrations over Meta's handling of internal discussions on the Israel-Hamas war, worrying it led to bad product choices  —  Arab and Muslim workers at Meta allege that its response to the crisis in Gaza is one-sided and out of hand.
Sean Lyngaas / CNN:
Sources: US car dealership software provider CDK Global appears to have paid ~$25M to hackers on June 21, after a ransomware attack shut down its systems  —  CDK Global, a software firm serving car dealerships across the US that was roiled by a cyberattack last month, appears to have paid …

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Earlier Picks

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