Techmeme
June 19, 2023, 8:55 AM

Top News

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.
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 …
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 …
Tim Hakki / Decrypt:
Twitter suspends Explain This Bob, a GPT-4 bot tied to the BOB Token, after Elon Musk called the account a “scam”; Musk replied “I love Bob” in April 2023  —  The move marks an abrupt about-face for Musk, who had previously engaged with the bot's content on Twitter.
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 …
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?
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 …
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 HillLinkedIn: Srinivasan IyengarBluesky: @hypervisible.bsky.socialTwitter: @nationalnurses and @calnursesForums: r/singularity
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.

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Earlier Picks

New York Times:
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