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May 13, 2021, 5:10 PM
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| Bloomberg: |
Sources: Colonial paid ~$5M ransom in cryptocurrency within hours of the attack, but the hackers' decrypting tool was so slow that it had to use its own backups — - Payment came shortly after attack got underway last week — FBI discourages organizations from paying ransom to hackers
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NBC News, CNN, Threatpost, CNBC, Gizmodo, CRN, BleepingComputer, The Register, PCMag, The Age, CyberScoop, Electronic Frontier Foundation, blog.chainalysis.com, Mashable, Reuters, The Verge, Insider, Decrypt, The Hill, ZDNet, and The Record
Tweets: @nicoleperlroth, @kimzetter, @joeconchatv, @bryandeanwright, @kimzetter, @mkapor, @themaxburns, @chuckwendig, @josephfcox, @iblametom, @dnastacio, @bobonmarkets, @thegrugq, @keitholbermann, @matthew_d_green, @briankrebs, @kevincollier, @hshaban, @alexhern, @glengilmore, @bradstone, @quinnypig, and @nycsouthpaw
| Kevin Collier / NBC News: |
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New York Times, Washington Post, CNN, Insider, CSO, and Protocol
Tweets: @secgranholm, @fbajak, @secgranholm, @padresj, @grady_booch, @kimzetter, @tomroussey7news, @ericgeller, @mikaelthalen, and @kennwhite
| Sean O'Kane / The Verge: |
Elon Musk says Tesla no longer accepts bitcoin for vehicle purchases due to its environmental cost, will look at more environmentally friendly cryptocurrencies — Tesla has stopped accepting bitcoin as payment for its cars out of concern that it will contribute to greater consumption of fossil fuels …
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Reuters, CoinDesk, CNBC, Financial Times, Bloomberg, CNET, Reuters, Decrypt, Forbes, New York Times, Ars Technica, Techpoint Africa, AppleInsider, and Bloomberg
| Arjun Kharpal / CNBC: |
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The Verge, Slate, Bloomberg, Insider, CoinDesk, Washington Post, Forbes, Reuters, PYMNTS.com, Bloomberg, International Business Times, Bloomberg, Coinspeaker, TNW, and Neowin
Tweets: @jonathanwatts, @backlon, @robpegoraro, @arjunkharpal, and @campanalemark
| Tom Schoenberg / Bloomberg: |
Sources: Binance is under investigation by DOJ and IRS; officials involved include those who probe money laundering and tax offenses — - Justice Department, IRS seek information about crypto exchange — The federal agencies haven't accused Binance of wrongdoing
More:
The Block, Decrypt, Forbes, Blockworks, CoinDesk, PingWest, Reuters, Crypto Briefing, Crowdfund Insider, Bitcoin News, InsideBitcoins.com, Cointelegraph, cryptodaily.co.uk, and Slashdot
Tweets: @binance, @calvinayre, @hackermanace, @alexsvanart, @mustachetommy, @danprimack, and @adamsinger
| The Block: |
Vitalik Buterin sells large amounts of SHIB, AKITA, and ELON tokens, sent to him by coin creators, for ~$60M worth of ETH, and donates the proceeds to charities — Quick Take — Ethereum creator Vitalik Buterin has offloaded a range of dog-themed meme tokens.
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CoinDesk, Forbes, TheStreet, Input, Coinspeaker, and TechCrunch
| Ina Fried / Axios: |
Apple says it parted ways with recent hire Antonio García Martínez, an ex-Facebook staffer and author, after employee petition citing “misogynistic statements” — Apple has severed ties with recent hire Antonio Garcia-Martinez, a former Facebook employee and author …
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Bloomberg, iThinkDifferent, Wall Street Journal, The Hill, Philip Elmer‑DeWitt, iDownloadBlog.com, iPhone in Canada Blog, MacRumors, Fortune, and Firstpost Tech
Tweets: @devonbl, @markgurman, @sandofsky, @paulg, @davidsacks, @bstulberg, @nikitabier, @zoeschiffer, @eade_bengard, @moorehn, @lukolejnik, @saikatc, @moorehn, @paulg, @mathewi, @mark_t_gray, @reckless, @markgurman, @caseynewton, @gabbifish, @moorehn, @backlon, @sdw, @twostraws, @reckless, @ellearmageddon, @onalark, @sarahtaber_bww, @edzitron, @scobleizer, @mathiasverraes, @novallswift, @rmac18, @ekp, @moorehn, @karlbode, @gartenberg, @vickerysec, @rmac18, @davidlublin, @eitanshay, @della_morte_, @timnitgebru, @shiraovide, @lainnafader, @can, @alexeheath, @counternotions, @gassee, @chr1sa, @s1guza, @rebeccawatson, @shiringhaffary, @ejacqui, @danielpunkass, @bhansmeyer, and @caro_milanesi. Thanks:@inafried
| Joey Roulette / The Verge: |
SpaceX signs a satellite connectivity deal with Google Cloud, as part of which SpaceX will install Starlink terminals at Google's data centers around the world — Under a new agreement, SpaceX will plant Starlink terminals at Google Cloud's data centers — Google said on Thursday …
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PR Newswire, CNBC, Insider, TechCrunch, SiliconANGLE, The Register, CRN, Neowin, 9to5Google, and VentureBeat
Tweets: @googlecloud, @thesheetztweetz, @aparanjape, @thomasortk, @joroulette, and @joroulette
| Ellen Nakashima / Washington Post: |
Biden signs EO to strengthen US cyber defenses, including the development of cybersecurity standards for software companies that sell to the government — President Biden signed an executive order Wednesday aimed at shoring up the federal government's digital defenses as his administration grapples …
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CSO, The White House, Ars Technica, CNBC, NPR, TechRepublic, ComputerWeekly.com, Neowin, infosecurity-magazine.com, Forbes, PCMag, and Engadget
| Natasha Lomas / TechCrunch: |
Google has been fined €100M+ by Italy's antitrust watchdog for abusing its dominant market position by restricting third party access to the Android Auto app — Google has been fined just over €100 million (~$123M) by Italy's antitrust watchdog for abuse of a dominant market position.
More:
AGCM, The Verge, Reuters, Android Authority, 9to5Google, Thurrott, Engadget, Android Central, Silicon Republic, iPhone in Canada Blog, MUO, TNW, and MSPoweruser
| Benjamin Wallace / New York Magazine: |
Behind the online battle between notable tech figures including a16z partners and Balaji Srinivasan, and the journalists who report, and tweet, on the industry — Late last fall, the New York Times was preparing a bombshell article about Coinbase, a financial exchange that had become … | Strategy Analytics: |
Global notebook PC shipments grew 81% YoY in Q1; both Apple, with 5.7M shipments, and Acer, with 4.9M shipments, grew 94% as HP grew 91% with 15.4M shipments — Gaming, Chromebooks, commercial and consumer demand stay hot as the return to work and school is slow and pointing to a hybrid approach long-term
More:
AppleInsider, MacRumors, iThinkDifferent, Windows Central, 9to5Mac, Thurrott, and Pocketnow
Tweets: @fonearena and @esmith_sa
| Sarah Perez / TechCrunch: |
Pinterest says it will test livestreaming events this month through a three-day virtual event featuring sessions with around 21 top creators — Pinterest is expanding into live events. The company is planning to host a three-day virtual event that will feature live-streamed sessions from top creators … | Richard Nieva / CNET: |
YouTube has banned almost 40 QAnon channels that were evading YouTube's policies and escaping violations by self-deleting their own videos after a few days — YouTube banned almost 40 channels that used the tactic. Disinformation experts say they haven't seen the ploy used before.
More:
Input. Tweets: @rogerwcheng, @mhbergen, @techledes, @jaredlholt, and @stshank. Thanks:@rogerwcheng
| Sebastian Herrera / Wall Street Journal: |
Amazon says it is hiring 75,000 workers, representing 8% of its US workforce, and offering an average of $17/hour, above its typical $15/hour starting wage — The retail and tech giant said the new roles—representing nearly 8% of its U.S. workforce—are offering average pay of $17 an hour| Kurt Wagner / Bloomberg: |
Twitter has announced six acquisitions so far in 2021, the most the company has made in a calendar year since 2015, as part of its new product push — - Company announced six deals already in 2021, most since 2015 — Twitter CFO Segal says product clarity is part of M&A strategy
Tweets: @nedsegal and @kurtwagner8
| Taylor Hatmaker / TechCrunch: |
Discord announces Stage Discovery, a tool to help people find communities through live audio events, and says it will soon test paid, ticketed audio events — If you're new to Discord, you might be thrown off by the lack of an endless feed peppered with ads.| Sarah Perez / TechCrunch: |
Roku announces launch of its original programming, including the Quibi content it acquired, on the Roku Channel, starting May 20 — Roku today announced the launch of its own original programming, which will initially become available to viewers in the U.S., U.K., and Canada through …
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The Verge, Gizmodo, Variety, Tom's Guide, PCMag, TechHive, The Streamable, iPhone in Canada Blog, Light Reading, Android Headlines, Deadline, HD Guru, and MUO. Tweets: @counternotions
| Andrew J. Hawkins / The Verge: |
Ford says it will start rolling out OTA updates to its vehicles at scale, including adding Alexa later this year to 700K eligible vehicles — The automaker aims to have 33 million OTA-capable vehicles by 2028 — Ford is finally ready to start rolling out over-the-air (OTA) software updates to its vehicles at scale.
More:
Bloomberg, PYMNTS.com, Telematics News, CNBC, Mashable, Automotive World, MUO, ZDNet, Input, and Electrek
Tweets: @sokane1 and @campuscodi
| Bloomberg: |
South Korea plans to spend around $450B to build the world's biggest chipmaking base over the next decade; Samsung to boost spending by 30% to $151B by 2030 — - Samsung and SK Hynix leading investment to rev up capacity — Severe chip shortages prompt global race to shore up supply| Detroit News: |
Michigan GOP lawmaker introduces a bill that requires fact checkers to register with the state using a $1M fidelity bond, and levies $1K/day fine for violations — Lansing — A Michigan lawmaker who's been at the center of efforts to question the 2020 election introduced a bill Tuesday that would require … | Yogita Khatri / The Block: |
Tether, which claimed at launch that each tether was backed 1:1 with USD, releases a breakdown of its reserves, revealing that only 3.87% are in actual cash — Quick Take — Stablecoin issuer Tether has revealed a breakdown of its reserves. — As of March 31, 2021 … | Amelia Lucas / CNBC: |
DoorDash reports Q1 revenue of $1.08B, up 198% YoY, and a net loss of $110M, blaming a shortage of drivers, but raises forecasts; stock up 8%+ after hours — - DoorDash reported losses per share of 34 cents on revenue of $1.08 billion for its first quarter.Sponsor Posts
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