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June 19, 2023, 7:45 AM
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| Carly Page / TechCrunch: |
The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; Reddit confirms BlackCat's claims relate to a February 9 incident — Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand - and reverses its controversial API price hikes.
More: BleepingComputer, Engadget, Forbes, Dexerto, DataBreaches.net, TechRadar, Techlusive, Neowin, and Security Affairs
Twitter: @alvierid, @ido_cohen2, and @devaonbreaches
Forums: r/technology and r/hackernews
| Marissa Newman / Bloomberg: |
Benjamin Netanyahu says Intel agreed in principle to build a $25B chip plant in Israel, slated to begin operations by 2027 and remain active until at least 2035 — Intel Corp. has agreed in principle to build a new manufacturing plant in Israel, part of a push by the US semiconductor giant … | Frank Bajak / Associated Press: |
Microsoft says hacktivist group Anonymous Sudan' DDoS attacks “temporarily impacted availability” of Azure, Teams, Outlook, and more services in early June 2023 — In early June, sporadic but serious service disruptions plagued Microsoft's flagship office suite …
More: Microsoft Security …, Reuters, The Guardian, The Verge, Tech Monitor, The Hacker News, TechRadar, Techlusive, TechCircle, BleepingComputer, The Register, CyberCX, Digital Trends, SiliconANGLE, Security Affairs, Engadget, Neowin, GovInfoSecurity.com, Cybersecurity Dive, and The Record
Twitter: @fbajak, @uk_daniel_card, @uk_daniel_card, @gossithedog, @cyberknow20, @aejleslie, @fbajak, and @hackinglz
| Nikou Asgari / Financial Times: |
Sources: internal teams at Singapore-based Crypto.com trade tokens for profit on the exchange and elsewhere, a little known fact since its 2016 launch — Singapore group has desk to profit from market moves — Crypto.com, the exchange endorsed by Hollywood actor Matt Damon …
More: The Block, DL News, CryptoSlate, crypto.news, Coinpedia Fintech News, CoinGape, and Watcher Guru
| BBC: |
An interview with Foxconn chairman Young Liu on shifting some supply chains away from China as China-US tensions rise, hoping to capture 5% of EVs, and more — iPhone maker Foxconn is betting big on electric cars and redrawing some of its supply chains as it navigates a new era of icy Washington-Beijing relations.| Boone Ashworth / Wired: |
Reddit's management risks putting the company in a death spiral as users revolt, dedicated moderators quit, and its vibrant discussions move to other platforms — When the user revolt ends—if it ever does—Reddit's community won't ever be the same. — It's pretty easy to piss people off on Reddit.
More: The Verge, The Guardian, Beyond Search, Forbes, Insider, Techdirt, Financial Times, Reuters, gHacks Technology News, Beehaw, NBC News, Android Police, and Tech Xplore
Bluesky: @ronmiller.bsky.social and @mikalfm.bsky.social
Mastodon: @carnage4life@mas.to and @halfcocked@mstdn.social
Twitter: @jeffnolan, @jonerp, @mukund, @happyroadkill, @davemcclure, @nicholasadeleon, and @merrittk
Forums: r/ModCoord, r/CryptoCurrency, r/neoliberal, and Slashdot
| The Guardian: |
Meta faces pressure from UK MPs, consumer groups, and banks over its failure to prevent fraud on its platforms, estimated to cost UK households £250M in 2023 — Exclusive: Calls for Meta to curb rise in scams on its platforms, which will cost UK households £250m this year| Michael Holden / Reuters: |
The UK names Ian Hogarth to lead its AI Foundation Model Taskforce; Hogarth co-founded concert discovery service Songkick, which Warner Music acquired in 2017 — The British government said on Sunday that tech entrepreneur Ian Hogarth would head its new taskforce to look at the safety risks posed by artificial intelligence.
More: Tech Monitor, GOV.UK, and UKTN
| Manish Singh / TechCrunch: |
Investors in Bengaluru-based Mojocare say they found “financial irregularities” at the health care startup, which has raised ~$23M from Sequoia India and others — Mojocare investors have found “financial irregularities” at the Indian health and wellness startup and are moving … | John Carreyrou / New York Times: |
A look at the orchestrated downfall of Kyle Roche, co-founder of Roche Freedman LLP, known for suing crypto companies and getting a verdict against Craig Wright — Kyle Roche was a rising star in the field of cryptocurrency law — until his career imploded. Who orchestrated his downfall?
LinkedIn: Roderick Mann. Twitter: @silvermanjacob, @nxthompson, @moorehn, @yonettejo, and @nytimes
Forums: r/CryptoCurrency and Slashdot
| Megan Graham / Wall Street Journal: |
Duolingo says the company significantly scaled back TV ads and that growing DAUs 62% YoY to 20.3M in Q1 2023 is due in part to efficient social media marketing — The language-learning app now relies more on memes—helping it climb to 20 million daily active users
Twitter: @trengriffin and @wsj
| Lisa Bannon / Wall Street Journal: |
A look at US hospitals using sometimes flawed AI-based diagnosis tools, as some clinicians say they feel pressure from administrations to defer to the algorithm — Artificial intelligence raises difficult questions about who makes the call in a health crisis: the human or the machine?
More: The Hill. LinkedIn: Srinivasan Iyengar. Bluesky: @hypervisible.bsky.social. Twitter: @nationalnurses and @calnurses. Forums: r/singularity
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