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

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
5 reasons why digital signatures are a must-have for small and medium enterprises  —  Every morning, Hazel stops by her favorite corner cafe, where the barista already knows her order—a double espresso, no sugar.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Hard Fork:
Meta on Trial + Is A.I. a 'Normal' Technology? + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
Matt Brown (NCAA Expert) on Athlete Pay Drama, Realignment of Power, and Transfer Portal Chaos
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Techmeme Ride Home:
Mooooaaar Models!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
How Trump's tariffs actually work on the ground
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Great Chat:
Imposter syndrome is due for a rebrand
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Channels with Peter Kafka:
How to make money in Washington, with Punchbowl's Jake Sherman
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

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: