Uber takes some internal systems offline to investigate a network breach; Yuga Labs' Sam Curry says it appears the hacker pretty much has “full access to Uber”
The company said on Thursday that it was looking into the scope of the apparent hack.
Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws
SEC chairman says system used by ether following software update could trigger securities laws — WASHINGTON—Ethereum's big software update …
Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake
First off, thank you for reading and as always, nothing you read or hear of my content is ever financial advice. Ryan Whitwam / ExtremeTech : Ethereum Switches to Proof-of-Stake, Will Reduce Global En...
Uber hacker, who claims to be 18 years old, says he hacked Uber for fun, using social engineering, might leak source code, and has access to Uber's AWS account
The company said in a tweet it was “responding to a cybersecurity incident” — SAN FRANCISCO — Uber's computer systems …
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M
Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma for $20B, nor that Wal...
California Governor Newsom signs into law an online safety bill that puts limits on the data companies collect on minors; the law goes into effect in July 2024
The bill could require many social media sites, games and other online services used by children to install protections for minors.
Intel says it will replace the Pentium and Celeron brands with Intel Processor, starting with notebooks in 2023
While there are more and more premium Chrome OS devices, the category very much excels at the cheaper end of the market. When buying those Chromebooks next year …
The White House releases a “comprehensive framework” for crypto regulation, outlining the recommendations of various federal agencies after six months of study
The White House's recommendations are built on six months of wide-ranging research across the digital asset sector.
Some YouTube viewers say the platform's ads expanded in length and quantity over the past month or two, with reports of five to 10 unskippable ads per break
Ben Schoon / 9to5Google :
Security engineer says Uber hacker had access to its HackerOne bug bounty program; source: the hacker downloaded all vulnerability reports before losing access
Uber suffered a cyberattack Thursday afternoon with a hacker gaining access to vulnerability reports and sharing screenshots …
Leaked audio: YouTube will lower the barriers to entry for its partner program and bring ads to Shorts, paying creators 45% of ad money vs. 55% for YouTube ads
The video platform will let more creators earn payments and place ads in Shorts, its TikTok competitor, according to audio from an internal meeting.
PitchBook: Figma deal is the largest exit for a VC-backed company in ~20 years; source: Index Ventures' ~12% stake makes it Figma's biggest outside shareholder
Danny Rimer first invested in Figma in 2012, shortly after the company was established and began developing software tools for designers.
Vectra: Microsoft Teams stores authentication tokens in unencrypted plaintext mode; Microsoft has no plans for a fix, since an exploit requires network access
Microsoft downplayed the flaw saying it ‘does not meet our bar for immediate servicing.’ — Microsoft Teams stores authentication tokens …
Former TikTok and ByteDance staff say TikTok CEO Shou Zi Chew's power is limited, with ByteDance's founder and other executives making most decisions
Shou Zi Chew, TikTok's chief executive, is balancing how to be an autonomous leader while juggling the demands of the app's Chinese parent company. Tweets: @rmac18 , @niubi , @rmac18 , and @rmac18 Twe...
Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban
The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading. Source: Chainalysis .
Ryan Breslow, who stepped down as Bolt Financial CEO in January, launches Love, a DAO to fund clinical trials in alternate medicine, with $7.5M in funding
The controversial founder and executive chairman of payment company Bolt slides into the CEO seat of an early-stage wellness startup.
General Atlantic to buy out SoftBank's entire 15% stake in game-based online learning service Kahoot for about $152M; SoftBank spent $215M+ for the stake
SoftBank's retreat from its past investing exuberance continues apace. This morning, Kahoot, the Norwegian startup that provides …
Apple Watch Series 8 review: watchOS 9 is excellent, crash detection and temperature sensors are neat, but is not much of an upgrade and needs daily charging
Sources: UK's new PM Liz Truss is planning a last-ditch bid to persuade SoftBank to list Arm in London, pushing for talks after the Queen's mourning period
Financial Times :
Senator Ron Wyden reveals the CBP told Congress it adds data from ~10K travelers' devices per year to a database, accessible by 2,700 officers without a warrant
At a WH summit, tech companies, including YouTube, Twitch, Microsoft, and Meta, announce new policies and tools to combat the spread of extremism on their sites
Cat Zakrzewski / Washington Post :
Large floods in Bengaluru have ignited a debate over the city's future as India's tech hub, amid a lack of infrastructure, poor urban planning, and traffic woes
The Economic Times :
US DOJ forms the Digital Asset Coordinators Network with 150+ federal prosecutors across the country to target illegal activities involving digital currencies
Dustin Volz / Wall Street Journal :
TikTok rolls out Now, a BeReal-like feature, to its app in the US, with daily prompts to capture a 10-second video or a photo using both front and back cameras
meet TikTok Now Sumit Adhikari / Android Headlines : TikTok ‘Now’ Debuts As The Latest BeReal Clone Vish Gain / Silicon Republic : TikTok is now trying to BeReal with a new feature Andrew Hutchinson /...
Amazon announces the US launch of Veeqo, a shipping software that lets sellers connect their sales channels and access discounts on UPS, USPS, DHL, and FedEx
Paul Hill / Neowin : Source: Amazon .
Investor memo: ByteDance will spend up to $3B to repurchase shares in the next two to three months, in a deal that values the company at around $300B
Source: Meta's Chris Cox directed the New Product Experimentation division to scale back; Meta says the division will focus on short-form video
Casey Newton / Platformer :
Snap makes Snapchat for Web available to all users globally, including chat, photos, and audio and video calls, releases iOS 16 lock screen widgets, and more
Mariella Moon / Engadget :
South Korea's trade ministry data shows its DRAM chip exports fell 24.7% YoY in August 2022, the biggest drop since 2019, indicating a deepening slump in demand
Sam Kim / Bloomberg : Tweets: @samkimasia Tweets: Sam Kim / @samkimasia : South Korea's most important export, DRAM, fell by the most since 2019, further clouding the outlook for the global semicondu...
Walmart launches a virtual try-on tool to let shoppers see how a shirt, dress, or another clothing item would look on their own bodies without visiting a store
Alcatraz AI, which develops AI-powered, facial recognition-based building access control systems, raised a $25M Series A led by Almaz Capital
Megha Paul / Tech.eu :
Biden issues an executive order directing CFIUS to increase scrutiny of deals that give China and others access to critical tech or US citizens' personal data
NYC-based job-focused social network Polywork raised a $28M Series B led by ex-GitHub CEO Nat Friedman and Caffeinated Capital, and launches out of private beta
Natasha Mascarenhas / TechCrunch :
Memo to staff: Adam Mosseri says Instagram's creator surveys show the app lags behind TikTok and YouTube on the most important creator satisfaction dimensions
The team is “behind where we need to be” on initiatives to help creators make money on the platform but is “upping our urgency and progress.” —IG has also established a new team focused on teen users....
COO Vanessa Pappas told senators that TikTok is working on a final deal with CFIUS that satisfies all US national security concerns, but didn't give a timeline
Meghan Bobrowsky / Wall Street Journal :
Amazon unveils Customers Ask Alexa, which lets brands submit answers to common customer questions and link to their storefronts, rolling out in late 2022
Kyle Wiggers / TechCrunch :
Winn.AI, maker of an AI assistant to help sales teams track, capture, and update CRM entries, comes out of stealth with a $17M seed led by Insight and S-Capital
Kyle Wiggers / TechCrunch :
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.
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.