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August 20, 2024, 12:05 PM
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| Wall Street Journal: |
PitchBook: seven banks' ~$13B loans to Elon Musk to buy X have been “hung” for two years, weighing on balance sheets, the worst buyout for banks since 2008-2009 — Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks' balance sheets
More: New Republic, Newser, and Werd I/O
Mastodon: @GossiTheDog@cyberplace.social. X: @tom_peters, @obrien, @jsrailton, @jsrailton, @carnage4life, and @carlquintanilla. Forums: r/EnoughMuskSpam
| Bloomberg: |
Chinese-made, Tencent-backed game Black Myth: Wukong became Steam's second most popular title ever within hours of its launch, gaining 2.1M+ concurrent players — - The made-in-China blockbuster surpasses Cyberpunk play record — Monkey King epic on track to set records for concurrent gamers
More: SteamDB, NVIDIA, GamesIndustry.biz, HotHardware, IGN, Neowin, Digital Trends, KitGuru, Kotaku, GameSpot, PC Gamer, Polygon, Gameranx, Destructoid, New York Times, IGN, TechNode, Screen Rant, Game Rant, Fortune, Game World Observer, Eurogamer.net, TheGamer, Reuters, Press Start, GamesIndustry.biz, Video Games Chronicle, DSOGaming, PC Games Insider, and GamingBolt
X: @simoncarless, @grummz, @mightykeef, @plasmidsouls, @tomwarren, @byjoshye, @blackmythgame, @tomwarren, @mangalawyer, @proddirhenry, @germanstrands, @mangalawyer, and @dino_ying. Forums: r/KotakuInAction
| Connor Jones / The Register: |
Cisco Talos says eight vulnerabilities in Microsoft's macOS apps could be abused by attackers to record video and sound from a device, log user input, and more — Windows giant tells Cisco Talos it isn't fixing them — Cisco Talos says eight vulnerabilities in Microsoft's macOS apps …
More: Cisco Talos Blog, Dark Reading, How-To Geek, Dexerto, 9to5Mac, Petri IT Knowledgebase, Computing, AppleInsider, Hindustan Times, Neowin, Hackread, SecurityWeek, Cybernews.com, Help Net Security, TechRadar, iPhone in Canada Blog, SC Media, The Record, The Stack, ITPro, BGR, ComputerWeekly.com, Cyber Security News, and Infosecurity
Mastodon: @mihamarkic@mastodon.social and @screaminggoat@infosec …. X: @talossecurity. Forums: r/apple
| Associated Press: |
Ex-Autonomy CEO Mike Lynch, who was acquitted on US fraud charges in June 2024, is among six missing after a superyacht sank off Sicily, per Italian authorities — A luxury superyacht carrying foreign tourists capsized and sank off the Italian island of Sicily in bad weather early Monday.
More: Associated Press, The Guardian, New York Times, The Sun, The Western Journal, Financial Times, The Indian Express, Sky News, CNBC, Wall Street Journal, Al Jazeera, Associated Press, Washington Post, Financial Times, Agence France-Presse, The Gateway Pundit, Nairametrics, Financial Times, Sky News, Fox News, RTÉ, Financial Times, Le Monde.fr, Fortune, HuffPost, Reuters, Daily Press, Reuters, Metro.co.uk, The Information, PC Gamer, Barron's Online, Raw Story, DerbyWorld, TechCrunch, and Bloomberg
Threads: @thebenbergman and @zoe.kleinman
X: @mikeisaac, @henrymance, @sterion75, @carolinecoramuk, @matthewclifford, @richardgaisford, @mikeisaac, @mikeisaac, @zsk, @lionelbarber, and @zsk. Forums: r/news
| Reuters: |
Stephen Chamberlain, who faced the same charges as Mike Lynch over Autonomy's sale, died after a road accident, per his lawyer, days before Lynch went missing — Stephen Chamberlain, once Mike Lynch's co-defendant in the U.S. fraud trial over the sale of Autonomy to Hewlett-Packard …
More: The Guardian, Associated Press, The Information, Business Insider, TechCrunch, Fortune, Silicon Republic, Silicon Canals, ITPro, The Sun, New York Post, and The Independent
X: @bazzacollins, @jamestitcomb, @oldroberts953, @owenjonesjourno, and @iblametom. Forums: r/conspiracy
| Erin Woo / The Information: |
Letter to investors: Bolt is finalizing a $450M Series F at a $14B valuation but with harsh terms for existing investors; Ryan Breslow plans to return as CEO — As startup founder comebacks go, this may rank as one of the most remarkable. — Bolt founder Ryan Breslow is returning as CEO …
X: @amir, @pitdesi, @jessicalessin, and @erinkwoo
| Perry Stein / Washington Post: |
The FBI, ODNI, and CISA say they are “confident” that Iran was responsible for recent attempted hacks into the Trump and Biden-Harris presidential campaigns — In a joint statement with intelligence agencies, the bureau said the attempted hacks also were directed at the Democratic campaign.
More: Federal Bureau …, The Verge, TechCrunch, Forbes, Cybernews.com, The Daily Caller, emptywheel, New York Times, TechRadar, UPI, GovInfoSecurity.com, Financial Times, The Daily Beast, CNN, Newser, RedState, Associated Press, SiliconANGLE, One America News Network, Raw Story, BBC, ABC, SecurityWeek, New York Post, Bloomberg, The Hill, Macomb Daily, and USA Today
X: @odnigov, @cisagov, @elizlanders, @jakesherman, @fbi, @ericgeller, and @olivia_gazis. LinkedIn: Bryan Vorndran
| Sankalp Phartiyal / Bloomberg: |
Sources: Apple plans to make the most expensive iPhone models in India for the first time, as Foxconn rushes to produce iPhone 16 Pro and 16 Pro Max in India — - Plan shows Apple making further progress with India assembly — Company is shifting output to India to diversify beyond China
More: AppleInsider, Appleosophy, Apple Must, GSMArena.com, iClarified, 9to5Mac, The Tech Basic, The Economic Times, TechRadar, NewsBytes, Inc42 Media, iMore, MacRumors, Cult of Mac, Business Standard, Livemint, The Week, PhoneArena, Mashable, Gizchina.com, The Hindu, and Hindustan Times
Forums: r/apple and MacRumors Forums
| Daniel Tencer / Music Business Worldwide: |
The AGs of 10 states join the US DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster; 39 states, plus DC, are now part of the lawsuit — The attorneys general of 10 states have joined the US Department of Justice (DoJ)'s antitrust lawsuit seeking to break off Live Nation … | Nick Robins-Early / The Guardian: |
Donald Trump shared AI-generated images on Truth Social that show Taylor Swift and her fans vowing their support for his campaign; Swift hasn't endorsed Trump — Presidential nominee shares AI-generated images, contributing to spread of online election disinformation
More: Washington Post, Fortune, Benzinga, Business Insider, Music Ally, Wired, NBC News, CNN, New York Times, New Republic, Silicon Republic, British Vogue, CCN.com, Cyber Daily, Business Today, TechCrunch, Mock Paper Scissors, Crikey, Washington Examiner, Platformer, Washington Times, SheKnows, The 19th, Billboard, Forbes, Mashable, Page Six, Axios, New York Post, The Independent, Cryptopolitan, and The Wrap
Forums: r/The_Mueller, r/AnythingGoesNews, r/singularity, r/law, r/politics, r/NewsOfTheStupid, r/inthenews, and r/politics
| Kamil Kowalcze / Bloomberg: |
TSMC breaks ground on its €10B chip fab in Dresden, Germany, its first European plant and set to create 11K European jobs; the EU approves Germany's €5B subsidy — - Taiwanese firm begins work on its first European chip plant — German subsidies will cover about half of the fab's costs
More: Fortune, Euractiv, Silicon Republic, Benzinga, Reuters, TNW, Politico, eeNews Europe, Daily Sabah, Sammy Fans, and Fargo | KFGO
| Kirsten Korosec / TechCrunch: |
Waymo co-CEO Tekedra Mawakana says Waymo is now giving 100K+ paid robotaxi rides every week in LA, San Francisco, and Phoenix, a few months after passing 50K+ — Waymo disclosed Tuesday it's now giving more than 100,000 paid robotaxi rides every week across its three main commercial markets in Los Angeles, San Francisco, and Phoenix.
More: Fortune, Forbes, Reuters, Benzinga, Silicon Republic, and The Verge
X: @techtekedra, @binarybits, @saswat101, @alexroy144, and @brianwilt
| CNBC: |
More: Waymo, TechCrunch, CNET, The San Francisco Standard, SiliconANGLE, Engadget, PCMag, and Tech Startups
| Aria Alamalhodaei / TechCrunch: |
Virginia-based Defcon AI, which aims to use ML to improve US DoD logistics, raised a $44M seed led by Bessemer, and has earned ~$15M in government contracts — The U.S. Department of Defense is a mammoth organization. It not only employs millions of service members and hundreds of thousands …
More: FinSMEs, Bessemer Venture Partners, and DEFCON AI
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