In a post on the REvil dark web blog, the gang takes credit for the Kaseya attack, claims it infected 1M+ systems, and demands $70M in bitcoin for the decryptor
The REvil ransomware gang is asking for a $70 million ransom payment to publish a universal decryptor that can unlock …
Just days after Didi's NYSE debut, Chinese regulators mandate app stores ban Didi Chuxing app, alleging violations in its collection and usage of personal info
- Internet watchdog asks operators to remove ride-hailing app — The surprise ban comes days after Didi's New York debut
President Biden says he has directed US intelligence agencies to investigate the Kaseya ransomware attack and adds “we're not certain” who is behind the attack
Trevor Hunnicutt / Reuters :
GitHub Copilot is not infringing copyright; the free software community should not adopt a maximalist copyright stance as it will only hurt in the long run
This is a slightly modified version of my original German-language article first published on heise.de under a CC-by 4.0 license.
An attempt led by Baidu, Tencent, and ByteDance to circumvent Apple's privacy policies, called CAID, has failed to get traction after Apple blocked app updates
Tracking system for iPhones developed by Chinese tech groups fails to gain traction — A co-ordinated attempt by Chinese tech companies …
Facebook, Twitter, and Google have privately warned Hong Kong's government that they could stop offering services if planned anti-doxxing rules go ahead
Industry group representing companies says proposed anti-doxing rules could put staff based locally at risk of criminal charges
A look at Apple's changing attitudes towards decentralizing out of Silicon Valley, hybrid work arrangements, and remote work options for a post-pandemic world
This is the free version of Power On. If you like it, consider subscribing to Bloomberg.com — you'll receive …
Report: spending on iOS ads has fallen one-third between June 1 and July 1, while Android spending rose 10%; less than 33% of iOS users opt-in to tracking
Android ad prices have jumped, as iOS users opt out of being tracked, early data show — Advertisers have begun shifting …
Coop, one of Sweden's largest supermarket chains, shuts down nearly all of its 800 stores after one of its contractors was hit in the Kaseya ransomware attack
China launches probes into truck hailing apps from Full Truck Alliance and an online recruiting app from Kanzhun, both Chinese firms listed on NYSE and Nasdaq
Reviews follow a similar move against ride-hailing giant Didi — A unit of China's cybersecurity regulator launched data-security reviews …
GETTR, the new pro-Trump social platform, acknowledges it was hacked on its July 4 launch, with the usernames of prominent accounts being defaced
- GETTR, founded by former Trump aide Jason Miller, was hacked on the day of its official launch. — The accounts of Miller …
Google removes nine Play Store apps, including PIP Photo with 5.8M+ downloads, after researchers found the apps were stealing users' Facebook login credentials
delete them now JC Torres / SlashGear : Popular Google Play Store apps removed for stealing Facebook passwords Rob Thubron / TechSpot : Nine apps with 5.8 million downloads kicked from Google Play sto...
A look at Dutch company ASML, the global leader in $150M+ EUV chip making machines, which are used by firms like TSMC and are subject to export bans to China
A $150 million chip-making tool from a Dutch company has become a lever in the U.S.-Chinese struggle. It also shows how entrenched the global supply chain is.
After a two year break, Allen & Co's annual Sun Valley conference starts Tuesday; sources say executives from Discovery, Amazon, and Netflix are attending
Wall Street Journal :
Egypt-based MaxAB, a B2B food and grocery delivery startup, raises $40M Series A led by RMBV
Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever.
How Jeff Bezos' wide-ranging ambitions for Amazon, a fear of stasis, and an absence of empathy factor in his monumental but complicated legacy at the company
Orange County's DA office has maintained a DNA database since 2007 and selectively offered plea deals or misdemeanor dismissals if suspects provided DNA samples
but only if people give up their DNA. https://theintercept.com/... Robert Greenwald / @robertgreenwald : Orange County prosecutors operate “vast, secretive” genetic surveillance program https://theint...
Inside Japan's strategy to boost its once-dominant chip industry; Japan has 84 chip factories, more than any other country, but they are mostly small and old
After decades of decline, Tokyo wants to boost the country's once-dominant chip industry — This article is an on-site version of our Trade Secrets newsletter. Tweets: @alanbeattie and @chadbown Twee...
How PetaBencana, a bot that uses social media posts to map emerging natural disasters in Indonesia in real time, is helping authorities respond more quickly
Nexperia, a Dutch chip firm owned by China's Wingtech, says it plans to acquire UK's largest chip plant; sources say the deal is worth around $87M
Sam Shead / CNBC :
Nashville-based XSOLIS, which uses AI to improve healthcare operations and communication between hospitals and insurance companies, raises $75M
Joel Stinnett / Silicon Valley Business Journal : Tweets: @nashvillebiz Tweets: @nashvillebiz : Data analytics company Xsolis one of the largest capital raises in Nashville this year. https://www.biz...
Sources: One97 Communications, parent of Paytm, will file a draft prospectus as early as July 12 for a domestic IPO, to raise $2.3B at a $24B-$25B valuation
India is targeting Amazon and Walmart ostensibly to protect SMBs, but in reality it is creating a protectionist economy that benefits select local tycoons
Andy Mukherjee / Bloomberg : Tweets: @andymukherjee70 , @parryravi , @d_s_thakur , @arisroussinos , @samerkamal , and @unraveaero Tweets: Andy Mukherjee / @andymukherjee70 : New Delhi's tool for targ...
Hypersonix, which offers a data analytics service to e-commerce and other industries, raises $35M Series B at a valuation of $200M, up ~4x from March 2020
The Economic Times :
Arizona-based Trainual, a SaaS provider for small businesses to onboard, train, and scale their teams, raises $27M Series B led by Altos Ventures
Rapyd, a “fintech-as-a-service” provider, to acquire Iceland-based Valitor, which develops in-store and online payments technologies, for $100M
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.