Foxconn offers ~$1,400 payouts to newly recruited Chinese workers who opt to leave its iPhone factory, aiming to quell unrest after violent clashes with police
Apple supplier apologises for ‘technical error’ after violent clashes between workers and police
Sources: the FTC plans to file an antitrust lawsuit to block Microsoft's $69B Activision Blizzard deal, as FTC staff are skeptical of the companies' arguments
The Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover …
ConsenSys says it collects user data related to its on-chain wallet service MetaMask, following a similar announcement by decentralized exchange Uniswap
The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected.
Stability AI releases Stable Diffusion 2.0, which can generate images with 512x512 and 768x768 default resolutions and upscale images to 2048x2048
It is our pleasure to announce the open-source release of Stable Diffusion Version 2. — The original Stable Diffusion V1 led by CompVis changed …
FTX sister firm Alameda paid $11.5M for control of a small WA-based US-licensed bank, raising questions about why federal regulators approved the deal
Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just three employees.
UK police, Europol, Dutch police, and others dismantle online phone number spoofing service iSpoof and arrest 146 people, including the suspected mastermind
The ‘iSpoof’ online spoofing service has been dismantled following an international law enforcement investigation that also led …
Sources: Elon Musk disbands Twitter's Brussels team, sparking compliance concern among EU officials after policy executives departed the small but vital office
Digital policy executives' departure elicits unease over adherence to EU rules on disinformation and hate speech
Frederick P. Brooks Jr., a Turing Award recipient who co-led IBM's System/360 and wrote a book cited as gospel by computer scientists, died last week at 91
He was a lead designer of the computers that cemented IBM's dominance for decades. He later wrote a book on software engineering that became a quirky classic.
Sam Bankman-Fried plans to speak at The New York Times' annual DealBook Summit on November 30; Andrew Ross Sorkin says “nothing is off limits”
In the weeks since crypto exchange FTX collapsed, questions have swirled about everything from the risk management practices …
Elon Musk says Tesla's Full Self-Driving Beta is now available on request to anyone in North America who has paid for the $15,000 feature
Tesla's “Full Self-Driving” Beta, which has been gradually rolling out over the past couple of years, is now available to anyone who's paid for the feature …
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy
and Themselves” Now he has become a doormat apparently. https://twitter.com/... Cas Piancey / @caspiancey : Remember when the FDIC forced Brett Harrison, former CEO of FTX US, to delete a tweet claimi...
Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans to make another bid for bankrupt lender Voyager Digital
Binance Holdings Ltd. is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector …
Stable Diffusion 2.0 makes it harder to mimic some artists' styles or generate NSFW output; Stability AI says NSFW images were removed from its training data
Users of AI image generator Stable Diffusion are angry about an update to the software that “nerfs” its ability to generate NSFW output …
Mercedes plans to charge $1,200 per year for “Acceleration Increase” in its EVs; Volkswagen, Toyota, and GM have all trialed similar subscription-based features
for an extra $1,200 per year Adrianna Nine / ExtremeTech : Mercedes to Charge $1,200 Per Year for EV ‘Acceleration Increase’ Chris Morris / Fortune : Mercedes wants to charge you $1,200 per year for f...
Source: Twitter abruptly fired around 50 engineers and warned dozens more on the evening before Thanksgiving; some were told their “code is not satisfactory”
Hearing that roughly 50 Twitter engineers were abruptly fired last night and dozens more received warnings: https://twitter.com/... Tweets: @alexeheath , @gergelyorosz , @gergelyorosz , @film_girl , @...
Sources detail Netflix's internal debate over embracing theatrical releases for big-budget movies, something Ted Sarandos and Reed Hastings call a distraction
Nicole Sperling / New York Times :
Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney's other units
Sarah Krouse / Wall Street Journal :
Amazon plans to phase out Academy, an Indian edtech service launched in 2021 to help prepare for admission to engineering colleges, starting in August 2023
Manish Singh / TechCrunch :
Prosus valued its 9.67% stake in Byju's at $578M at the end of Q3 2022, implying Byju's total value to be $5.9B; Byju's was valued at $22B in October 2022
Moneycontrol :
Sources: Yandex seeks Putin's assent for restructuring, including selling its Russian business and spinning off key global projects in edtech and other sectors
a term denoting high-level political protection, two people said. He is set to meet Putin today — scooop @maxseddon https://www.ft.com/... Max Seddon / @maxseddon : Vladimir Putin is expected to give...
Sources: US senators raise concerns as hundreds of China-made DJI recreational drones have violated restricted airspace over Washington, DC in recent months
White House, Pentagon, Capitol— in recent months, a trend nat-sec agencies fear could become a new means for foreign espionage.” @BryanDBender @AndrewDesiderio https://www.politico.com/... Graham Webs...
Microsoft says hackers used vulnerabilities in the Boa web server, discontinued in 2005 but widely used across IoT devices, to target the Indian power sector
Current Description /cgi-bin/wapopen in BOA Webserver .94.14rc21 allows … Katie McCafferty / Microsoft Security Blog : Vulnerable SDK components lead to supply chain risks in IoT and OT environments T...
Filings: Block.One and its CEO Brendan Blumer buy a 7.5% and 9.3% stake, respectively, in crypto bank Silvergate Capital, making Blumer its largest shareholder
Nelson Wang / CoinDesk :
All three founders of online trading service Pipe are stepping down as the company looks for a “veteran” CEO; Pipe raised $250M at a $2B valuation in May 2021
Setting the scene — The co-founders of revenue-based financing … Nancy Dahlberg / Refresh Miami : Pipe co-founders step down and search for ‘veteran’ CEO is launched Jeff Kauflin / Forbes : Three Co...
Jumia undergoes major restructuring after ousting its co-CEOs, including closing its Prime subscription program and its Logistics service in seven countries
Aanu Adeoye / Financial Times :
The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value “money now” over long-term bets
Less investment in longshot speculation (crypto) — It's more costly to waste money (layoffs at profitable tech companies) — Costly long-term plays (Disney+) look worse https://www.slowboring.com/... B...
Google blocklisted two Chrome “SearchBlox” extensions with 200K+ installs, after discovery of a backdoor that can be used to steal Roblox credentials and assets
Ax Sharma / BleepingComputer :
Sources: Amazon plans to spend $1B+ per year to produce and release movies for theaters, starting with a few releases in 2023, and eventually 12 to 15 annually
A look at Huawei's future in Europe, as sources say the company is scaling back in the UK, France, and Belgium to focus on China, following US sanctions
Politico : Tweets: @politicoeurope and @politicoeurope Tweets: @politicoeurope : Huawei is giving up on Europe. The reason has little to do with the company's commercial potential and everything to d...
A look at a letter from March by four GOP and four Democratic House members discouraging the SEC from probing crypto firms; five had donations from FTX staff
Mark Cuban's interactive streaming app Fireside acquires streaming platform Stremium and plans to launch on smart TVs, Amazon Fire TV, Roku, and other devices
Sarah Perez / TechCrunch : See also Mediagazer
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.