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July 12, 2024, 3:30 AM
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| Lawrence Abrams / BleepingComputer: |
Signal plans to roll out a beta version of its desktop apps that tightens the security of how it stores plain text encryption keys, after downplaying the issue — Signal is finally tightening its desktop client's security by changing how it stores plain text encryption keys for the data store after downplaying the issue since 2018.
More: Stack Diary and NewsBytes
X: @mysk_co, @mer__edith, @mysk_co, @erratarob, @0xcharlie, @kaepora, @profwoodward, @bleepincomputer, and @mysk_co
| Zack Whittaker / TechCrunch: |
A May 2024 data breach at mobile spyware company mSpy leaked millions of customer support tickets, including personal data, its third known breach since 2010 — Customer service emails dating back to 2014 exposed in May breach — A data breach at the phone surveillance operation mSpy …
More: The Hill. Mastodon: @zackwhittaker@mastodon.social and @haveibeenpwned@infosec …
X: @troyhunt, @lorenzofb, and @haveibeenpwned
| Andrew Cunningham / Ars Technica: |
Arm unveils Accuracy Super Resolution, an upscaler for mobile games based on AMD's FidelityFX Super Resolution 2, available under the MIT open-source license — Arm “Accuracy Super Resolution” is optimized for power use and integrated GPUs. — Some of the best Arm processors come …
More: Arm Community, The Verge, Neowin, SamMobile, Digital Trends, TweakTown, TechSpot, OC3D, VideoCardz.com, Tom's Hardware, and PC Gamer
| Matt Burgess / Wired: |
A US judge sentences Ukrainian Vyacheslav Igorevich Penchukov, who helped lead the prolific Zeus malware gang, to 18 years in jail and orders payment of $73M+ — The cybercrime boss, who helped lead the prolific Zeus malware gang and was on the FBI's “most wanted” list for years … | Rachel Metz / Bloomberg: |
OpenAI creates five levels to track its progress toward AGI: Chatbots, Reasoners, Agents, Innovators, and Organizations, and says it's nearly at level two — The company believes its technology is approaching the second level of five on the path to artificial general intelligence
More: Neowin, Benzinga, The Information, PYMNTS.com, The Verge, Quartz, and The Crypto Times
Forums: r/artificial and r/singularity
| Olga Kharif / Bloomberg: |
Chainalysis: more than half of all illicit transaction volume in crypto now winds up on centralized exchanges — - Chainalysis finds record stablecoin usage in suspect activity — Over half of illegal funds wind up on centralized exchanges — Suspect digital wallets have distributed close …
More: Bitcoinist.com, Unchained, crypto.news, The Crypto Times, Chainalysis, The Block, Cointelegraph, and CryptoPotato. Bluesky: @marypcbuk.bsky.social
| Leo Schwartz / Fortune: |
The US SEC drops its investigation into Paxos over its BUSD stablecoin issued in partnership with Binance, after sending Paxos a Wells notice in February 2023 — As the crypto industry continues its calls for regulatory clarity, a glaring question has been whether stablecoins …
More: Paxos, The Block, Unchained, CryptoSlate, The Merkle News, Bitcoin Insider, CryptoPotato, Crypto Briefing, The Daily Hodl, Protos, Decrypt, The Information, Bloomberg, Coinpedia Fintech News, CoinGape, The Crypto Times, Cryptopolitan, Watcher Guru, Milk Road, crypto.news, Cryptonews, and Cointelegraph
X: @paxos, @leomschwartz, @alpha_pls, @awerner, @mdudas, @tyler, @asvanevik, @kkirkbos, @holiday_nate, @advisercounsel, @jerallaire, @occamicrypto, @jeffjohnroberts, @scaramucci, @riddle245, and @leomschwartz. LinkedIn: Ben Gray. Forums: r/CryptoCurrency
| Financial Times: |
SoftBank buys struggling UK-based chipmaker Graphcore with regulatory approval; sources: the deal is valued at ~$600M, less than the ~$700M Graphcore had raised — Deal will give Bristol-based company a resource boost while advancing the ‘next big bet’ of Masayoshi Son's group
More: Telegraph, TechCrunch, South China Morning Post, Proactive, Benzinga, Graphcore, Reuters, The Register, Sifted, SiliconANGLE, Wall Street Journal, BBC, Sifted, and DigiTimes
X: @anshelsag and @anshelsag
| Chris Metinko / Crunchbase News: |
Asia-based startups raised only $14.6B in Q2 2024, down 24% from Q1 and 32% YoY, with only 1,511 funding deals announced in Q2, down 15% from Q1 and 27% YoY — Despite a slight resurgence across the global venture funding landscape, Asia seems to be left behind.| Wired: |
Arab and Muslim workers at Meta detail frustrations over Meta's handling of internal discussions on the Israel-Hamas war, worrying it led to bad product choices — Arab and Muslim workers at Meta allege that its response to the crisis in Gaza is one-sided and out of hand.| Sean Lyngaas / CNN: |
Sources: US car dealership software provider CDK Global appears to have paid ~$25M to hackers on June 21, after a ransomware attack shut down its systems — CDK Global, a software firm serving car dealerships across the US that was roiled by a cyberattack last month, appears to have paid … | Wes Davis / The Verge: |
YouTube announces new Shorts features, including TikTok-like text-to-speech video narration, in-app auto-generated captions, and a set of Minecraft effects — YouTube has announced a set of new features for YouTube Shorts, some of which are available now, like a new text-to-speech video narration … Sponsor Posts
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17 client retention strategies to retain customers — In the current fiercely competitive business landscape, it's as crucial to focus on retaining customers as acquiring new ones, if not more.
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