Techmeme
September 12, 2022, 8:10 AM

Top News

Dan Goodin / Ars Technica:
Researchers discover Shikitega, a strain of Linux malware that uses polymorphic encoding and abuses legitimate cloud services to infect servers and IoT devices  —  With polymorphic encoding and a multistage infection chain, Shikitega is hard to detect.  —  Researchers this week unveiled …
Alexandra S. Levine / Forbes:
At Code, CEOs and politicians voiced concerns about TikTok's power, rapid growth, and surveillance potential, as some called for the app to be banned altogether  —  At the Code Conference in LA, tech and media CEOs and politicians all expressed concerns about the Chinese-owned app — as a competitor, and as a national security risk.
Reuters:
Sources: the US government plans more curbs on US shipments to China of chipmaking tools and chips for AI, affecting Lam Research, Applied Materials, and others  —  The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence …
Amitoj Singh / CoinDesk:
Binance-linked crypto exchange WazirX says India's Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5  —  The account was frozen in relation to the “illegal loan apps” scam investigation, which has come under the national spotlight.
Manya Saini / Reuters:
The US SEC plans to add an Office of Crypto Assets to review company filings involving crypto assets, providing “greater and more specialized support”  —  The U.S. securities regulator will set up two new offices to deal with filings related to crypto assets and the life sciences sector, the agency said on Friday.
Reuters:
Sources: Sea, whose market cap has gone from $200B+ in October 2021 to ~$28B, shuts some Latin American operations and cuts hundreds of gaming jobs in Shanghai  —  Singapore-based Sea Ltd's (SE.N) e-commerce arm Shopee will exit Argentina and shut local operations in Chile …
Kyle Wiggers / TechCrunch:
North Carolina-based Diveplane, which helps create synthetic data to train AI systems and find anomalies, raised a $25M Series A led by Shield Capital  —  In 2017, three entrepreneurs — Chris Hazard, Mike Resnick and Mike Capps — came together to launch a platform for building AI …

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