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April 17, 2024, 4:15 PM
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Top News

Andy Greenberg / Wired:
Mandiant links hacktivist group Cyber Army of Russia, which claimed to target utilities in France, the US, and Poland, to Russia-linked hacking group Sandworm  —  Cyber Army of Russia Reborn, a group with ties to the Kremlin's Sandworm unit, is crossing lines even that notorious cyberwarfare unit wouldn't dare to.
Joseph Cox / 404 Media:
A look at Spy Pet, which scrapes Discord servers to archive users' data and sells access to that data for as little as $5; Discord is investigating  —  An online service is scraping Discord servers en masse, archiving and tracking users' messages and activity across servers including …
Josh Dzieza / The Verge:
How a network of repair ships helps maintain the estimated 800,000 miles of undersea internet cables; of the 77 cable ships, only 22 are designated for repair  —  Field's crew caught the cable on the first try and nearly had it aboard when the rope snapped and slipped back into the sea.
Foo Yun Chee / Reuters:
The European Data Protection Board says large online platforms like Meta should give users an option to use their services for free without targeted advertising  —  Meta Platforms (META.O) and other large online platforms should give users an option to use their services …
Samuel Stolton / Bloomberg:
Sources: the EU has decided that Microsoft's OpenAI deal doesn't merit a formal probe because it falls short of a takeover and Microsoft doesn't control OpenAI  —  - Regulators don't see evidence of Microsoft controlling OpenAI  — Formal probe could have risked EU order to unwind the tie-up
The Verge:
Third-party iOS app store AltStore PAL launches in the EU for €1.50 a year with two apps including game emulator Delta, which is also live on Apple's App Store  —  After we recently tested it in beta, the third-party iOS app store AltStore PAL is now live in the European Union thanks …
Wes Davis / The Verge:
The US FTC announced a $7M fine against mental telehealth startup Cerebral, citing misleading data sharing and cancelation policies, misleading ads, and more  —  The Federal Trade Commission (FTC) is proposing a $7 million fine against Cerebral, a mental telehealth firm that it says not only was careless …
Sergiu Gatlan / BleepingComputer:
Current and former T-Mobile and Verizon employees say they are receiving texts offering up to $300 to perform a SIM swap; T-Mobile says it is investigating  —  Criminals are now texting T-Mobile and Verizon employees on their personal and work phones, trying to tempt them with cash to perform SIM swaps.
Steven T. Dennis / Bloomberg:
US Senators Cynthia Lummis and Kirsten Gillibrand propose a bill to regulate stablecoins; House and Senate lawmakers are pushing to pass a bill as soon as May  —  - Lummis, Gillibrand say their measure would protect consumers  — Brown wants combo with marijuana banking, executive clawbacks
Clint Watts / Microsoft On the Issues:
MTAC report: foreign malign influence from Russia, China, and Iran in the US presidential election got off to a slower start this year compared to 2016 and 2020  —  Clint Watts - General Manager, Microsoft Threat Analysis Center  —  Foreign malign influence in the U.S. presidential election got off …
Matt Day / Bloomberg:
How Amazon built Just Walk Out starting in the early 2010s, driven by Jeff Bezos, as the company removes the tech from its stores but expands to other retailers  —  The company is cutting back on the “Just Walk Out” tech in its own grocery locations.
Arjun Kharpal / CNBC:
ASML reports Q1 net sales down 21.6% YoY to €5.29B, vs. €5.39B est., net income down 37.4% YoY to €1.22B, vs. €1.07B est., and net bookings down 4% YoY to €3.6B  —  A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.
Cecilia D'Anastasio / Bloomberg:
Activision drops team entry fees for its professional Call of Duty League, and will return prior collected fees, as the esports industry faces profit challenges  —  The teams, including ones owned by sports-business billionaires Robert Kraft and Stan Kroenke, will no longer be required to pay …
Mary Ann Azevedo / TechCrunch:
Startup-focused neobank Mercury expands to consumers with Mercury Personal, offering support for multiple users, access to up to $5M in FDIC insurance, and more  —  Business banking startup Mercury, founded in 2017, is now launching a consumer banking product.
Rob Golum / Bloomberg:
Filing: Take-Two plans to lay off 5% of its workforce, expecting to incur up to $200M in charges as part of the downsizing, including $140M from canceled titles  —  The company sees expenses of up to $200 million as part of the effort, including as much as $140 million from canceled projects …
Bloomberg:
How GitHub Copilot became responsible for a significant percentage of coding, despite its limitations; Stack Overflow: 54.8% of developers used Copilot in 2023  —  The assistant is saving engineers hundreds of hours a month and is helping GitHub retain its edge over rivals including Amazon and Google.

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From Mediagazer

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Brian Steinberg / Variety:
Sources: NBCUniversal Vice Chairman Bonnie Hammer plans to leave the company at the end of the year; she has been with the company since 2004

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

More News

David Ljunggren / Reuters:
Canada plans to introduce a digital services tax on large tech companies, which could raise CA$5.9B over five years starting in FY 2024-2025; the US is opposed

Earlier Picks

Kyle Wiggers / TechCrunch:
The Linux Foundation launches the Open Platform for Enterprise AI, to foster the development of open, multi-provider, and composable generative AI systems
Priya Anand / Bloomberg:
Sensor Tower: Naval Ravikant and Brian Norgard's invitation-only audio social network app Airchat has been downloaded 30K+ times since relaunching five days ago
Connor Jones / The Register:
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company
Abner Li / 9to5Google:
YouTube strengthens its “enforcement on third-party apps” violating its ToS, “specifically ad-blocking apps”, leading to error messages and “buffering issues”
Benjamin Sandofsky / Sandofsky:
How Humane's attempt to build its Ai Pin “The Apple Way” led to disastrous results, after taking six years to build it and raising $230M
Financial Times:
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board
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