Techmeme
October 10, 2024, 11:05 AM

Top News

Lawrence Abrams / BleepingComputer:
A threat actor hacked the Internet Archive and stole a user authentication database with 31M unique records; a DDoS attack took the site offline on October 9  —  Internet Archive's “The Wayback Machine” has suffered a data breach after a threat actor compromised the website and stole …
Samantha Cole / 404 Media:
WordPress.org adds a checkbox to confirm users aren't “affiliated with WP Engine in any way, financially or otherwise” before they log in or register an account  —  WordPress.org users are now required to agree that they are not affiliated with website hosting platform WP Engine before logging in.
David Heinemeier Hansson / HEY:
Automattic demanding an 8% cut of WP Engine's revenue is a wanton violation of open source ideals, and the damage to open source may extend far beyond WordPress  —  Automattic demanding 8% of WP Engine's revenues because they're not “giving back enough” to WordPress is a wanton violation …
Bloomberg:
Amazon says Apple TV+ will be available as a $9.99/month subscription add-on in Prime Video Channels later this month in the US, joining 100+ streaming services  —  Apple will begin selling TV+ subscriptions through Prime later this month, Mike Hopkins, senior vice president of Amazon Prime Video …
Bloomberg:
CoinDesk:
US prosecutors charge four purported crypto market makers, a handful of crypto projects, and over a dozen individuals with manipulating various crypto markets  —  Gotbit, CLS Global, MyTrade, and ZM Quant were secretly offering market manipulation services to projects that wanted …
Hayden Field / CNBC:
OpenAI says it has disrupted 20+ operations and deceptive networks in 2024 so far that tried to use its models, including four that had election-related content  —  OpenAI is increasingly becoming a platform of choice for cyber actors looking to influence democratic elections across the globe.
Bloomberg:
A profile of FTC Chair Lina Khan, whose term ended in September 2024, as a bipartisan club of tech figures and VCs, including Reid Hoffman, call for her ouster  —  Biden's FTC chair has toughened merger oversight, taken on noncompetes and made the donor class crazy.
Umar Shakir / The Verge:
Some Threads and Instagram users say their accounts are being deleted or restricted due to moderation failures; Adam Mosseri says he's “looking into it”  —  On Threads, the topic of “Threads Moderation Failures” is trending.  Some users complain their accounts are being deleted …
Brian Krebs / Krebs on Security:
An investigation details a $243M crypto heist in August 2024 where attackers used a phone-based social engineering attack on a user of Gemini's crypto exchange  —  The parents of a 19-year-old Connecticut honors student accused of taking part in a $243 million cryptocurrency heist in August …
Jagmeet Singh / TechCrunch:
Indian insurance firm Star Health says it suffered a “malicious cyberattack”, about two weeks after hackers put 31M customers' alleged personal data on Telegram  —  Star Health and Allied Insurance, one of the largest health insurance firms in India, has confirmed it was the target of a …
Reuters:
FTC: Marriott agrees to pay a $52M penalty to 49 states and DC to resolve data security allegations, and, in another settlement, agrees to a new infosec program  —  The U.S. Federal Trade Commission said on Wednesday it will require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide …
Cory Weinberg / The Information:
Documents: OpenAI's projections suggest it won't turn a profit until 2029, when its revenue would hit $100B; losses could hit $14B in 2026, up nearly 3x on 2024  —  OpenAI's newest investors have signed up for a bumpy and expensive ride.  The company's projections suggest it won't turn a profit until 2029 …
Katie Roof / Bloomberg:
Farther, which makes software for financial advisers, raised $72M co-led by CapitalG and Viewpoint at a $542M valuation, bringing its total funding to $117M  —  Farther raised $72 million in the new funding round. … Farther Advisors LLC, a startup making technology for financial advisers …

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