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May 13, 2021, 4:45 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| Kevin Collier / NBC News: |
Colonial Pipeline says it has restarted operations, after being shut down for five days due to DarkSide's ransomware attack — Colonial Pipeline, operator of the largest U.S. fuel pipeline, said Wednesday it is restarting operations after being shut down for five days due to a cyberattack.
More:
Colonial Pipeline, New York Times, Washington Post, CNN, Insider, The Drive, and CSO
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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Slate, CoinDesk, Reuters, CNBC, Financial Times, CNET, Bloomberg, Reuters, Decrypt, Forbes, NPR, Coinspeaker, Techpoint Africa, AppleInsider, Bloomberg, KnowTechie, Blockworks, NewsBTC, fossbytes.com, Redmond Pie, and TechSpot
| Arjun Kharpal / CNBC: |
Cryptocurrency markets lost around $365B in value after Musk tweeted Tesla will suspend car purchases with bitcoin; bitcoin, ether, and XRP all fell sharply — - Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin, citing environmental concerns.
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The Verge, Bloomberg, Insider, Washington Post, Forbes, PYMNTS.com, Reuters, Bloomberg, International Business Times, Bloomberg, Coinspeaker, and TNW
Tweets: @jonathanwatts, @backlon, @robpegoraro, @arjunkharpal, and @campanalemark
| 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 …
More:
The Verge, Bloomberg, iThinkDifferent, Wall Street Journal, The Hill, Philip Elmer‑DeWitt, iDownloadBlog.com, iPhone in Canada Blog, Protocol, MacRumors, and Fortune
Tweets: @devonbl, @markgurman, @sandofsky, @paulg, @davidsacks, @bstulberg, @nikitabier, @zoeschiffer, @moorehn, @saikatc, @moorehn, @paulg, @mathewi, @lukolejnik, @mark_t_gray, @reckless, @markgurman, @shiraovide, @caseynewton, @gabbifish, @moorehn, @backlon, @eade_bengard, @sdw, @twostraws, @reckless, @ellearmageddon, @onalark, @sarahtaber_bww, @edzitron, @scobleizer, @mathiasverraes, @novallswift, @rmac18, @ekp, @moorehn, @karlbode, @gartenberg, @can, @vickerysec, @rmac18, @davidlublin, @eitanshay, @della_morte_, @timnitgebru, @lainnafader, @alexeheath, @counternotions, @gassee, @chr1sa, @s1guza, @rebeccawatson, @shiringhaffary, @ejacqui, @danielpunkass, @bhansmeyer, and @caro_milanesi. Thanks:@inafried
| 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, CoinDesk, Reuters, Blockworks, PingWest, Crypto Briefing, Crowdfund Insider, Bitcoin News, InsideBitcoins.com, Cointelegraph, and cryptodaily.co.uk
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.
More:
CoinDesk, Forbes, TheStreet, Input, and TechCrunch
| 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, The White House, Ars Technica, CNBC, NPR, TechRepublic, ComputerWeekly.com, Neowin, infosecurity-magazine.com, Forbes, PCMag, and Engadget
| 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, CRN, The Register, Neowin, 9to5Google, and VentureBeat
Tweets: @googlecloud, @thomasortk, @thesheetztweetz, @aparanjape, @joroulette, and @joroulette
| 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, 9to5Google, Android Authority, Thurrott, TNW, Engadget, Android Central, Silicon Republic, iPhone in Canada Blog, MUO, 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, Thurrott, 9to5Mac, and Pocketnow
Tweets: @fonearena and @esmith_sa
| Richard Nieva / CNET: |
YouTube has banned almost 40 QAnon channels that are deleting their own videos after a few days in order to evade YouTube's policies and escape violations — 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
| Mary Jo Foley / ZDNet: |
Microsoft is shutting down its Azure Blockchain Service on September 10, six years after initial launch, and is not supporting any new deployments as of May 10 — Six years after its initial launch, Microsoft's Azure Blockhain as a Service is going to be shut down this September.
More:
Microsoft Docs, CoinDesk, Protos, Database Trends …, WinBuzzer, MUO, BetaNews, cloudpro.co.uk, Neowin, OnMSFT.com, and Silicon Republic
Tweets: @matthewconover, @arpit, @vilile, @brianleroux, and @jptoto
| 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
| 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| 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 …
More:
The Verge, Gizmodo, Tom's Guide, PCMag, Variety, 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, CNBC, Voicebot.ai, Mashable, Automotive World, MUO, ZDNet, Input, and Electrek
Tweets: @sokane1 and @campuscodi
| 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 … | 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 … Sponsor Posts
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