Techmeme
July 18, 2020, 12:05 AM

Top News

Twitter:
Twitter provides an overview about what it knows about Wednesday's hack so far: how it happened, what the attackers accessed, its actions, and the next steps  —  As we've been informing via the @TwitterSupport account, on Wednesday, July 15, 2020, we detected a security incident at Twitter and took immediate action.
New York Times:
A person involved in Twitter hack may have gained access to Twitter's internal dashboard using credentials pinned in one of the company's Slack channels  —  Several people involved in the events that took down Twitter this week spoke with The Times.  What might have been a pursuit of Bitcoin spun out of control.
Ryan Browne / CNBC:
Twitter says around 130 accounts were affected in Wednesday's hack, and the attackers gained control of and sent tweets from a subset of those accounts  —  - “We believe approximately 130 accounts were targeted by the attackers in some way as part of the incident," Twitter said Thursday.
Tae Kim / Bloomberg:
The hack on Twitter provides more ammunition for critics who question Twitter's engineering prowess, poor management practices, and anemic financial performance  —  The breach revealed Twitter's engineering prowess and management practices as subpar.  Hedge fund Elliott Management can't be happy about its investment.
Brian Krebs / Krebs on Security:
Reuters:
Wall Street Journal:
Sources: the FTC is considering deposing top Facebook executives, including Zuckerberg and Sandberg, as part of its anti-trust probe  —  Facebook officials have prepared for potential depositions  —  The Federal Trade Commission is considering taking sworn testimony from Facebook Inc. Chief …
New York Times:
Personal assistant arrested in the NYC killing of Fahim Saleh, founder of prank call app PrankDial and motorcycle ride-sharing apps in Bangladesh and Nigeria  —  Mr. Saleh, 33, was found dismembered and decapitated inside his Manhattan apartment.  —  The former personal assistant …
Kate Clark / The Information:
Coursera, the online learning startup founded by Andrew Ng, raises $130M Series F led by NEA, at a valuation of around $2.5B  —  Another education technology company is flourishing amid the coronavirus pandemic, as people stuck at home flock to online classes.
Todd Bishop / GeekWire:
Amazon settles with Brian Hall, the former AWS VP it had sued for allegedly violating the non-compete clause after taking a VP job with Google Cloud  —  Amazon has reached a confidential legal settlement with Brian Hall, a former Amazon Web Services vice president of product marketing …
Jon Brodkin / Ars Technica:
FCC unanimously approves rules that let carriers block calls from “bad-actor” phone companies that profit from robocalls  —  Safe harbor lets phone companies block all calls from “bad-actor” telecoms.  —  “Bad-actor” phone companies that profit from robocalls could be blocked …
Lauren Feiner / CNBC:
Netflix reports Q2 revenue of $6.15B, up 24.9% YoY, and expects 2.5M net subscriber additions for Q3 vs analyst estimates of 5.27M  —  - Analysts counted Netflix among the safer bets during stay-at-home orders in the U.S. and the company showed substantial subscriber growth last quarter.
CNBC:
Bloomberg:
Pegatron, the second-largest iPhone assembler, is setting up a local subsidiary in India, joining rivals Foxconn and Wistron  —  Apple Inc. assembly partner Pegatron Corp. is making preparations for its first plant in India, adding to a large influx of foreign tech investments in the country this year.
Will Rinehart / Wired:
Andrew Yang's Data Dividend Project would force social media companies to compensate users, but the plan underestimates difficulty of valuing data  —  He wants social media companies to pay you for the data you produce.  But loopholes abound, it's too expensive, and other plans like it have failed.
Tweets: @bill_tribble
Sara Fischer / Axios:
Global Alliance for Responsible Media, an industry body of ad companies including Google and Facebook, agrees to evaluate mutual definition of hate speech  —  The Global Alliance for Responsible Media (GARM), an industry body consisting of the world's biggest advertising companies …
More: NewserTweets: @ajb_sf, @sarafischer, @baekdal, and @lindoyle2

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
How you can grow your business with Zoho One  —  Zoho One is a comprehensive business suite, giving businesses the scalability, stability, security, and features they need for smooth operations.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Thu. 11/14 - The FBI (!) Investigating Polymarket
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:05 AM ET, July 18, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Dara Khosrowshahi / Uber Newsroom:
The Intercept:

Earlier Picks

Malathi Nayak / Bloomberg:
Stephen Shankland / CNET:
Reuters:
Andy Greenberg / Wired:
Natasha Lomas / TechCrunch: