A look at SBF's desperate efforts to raise $7B+ from Sequoia, Apollo, TPG, the Saudis, and others; FTX's internal accounting software hid FTX-Alameda transfers
As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked …
Former FTX employees detail the chaotic days after its collapse: mass resignations, learning news from social media, equity compensation going to zero, and more
Wall Street Journal : Tweets: @tomgara , @mattzeitlin , @tomgara , @velocitywong , @gunjanjs , @davidkeo , @niubi , @dannygroner , @aosipovich , and @daviduberti Tweets: Tom Gara ...
Analysis: Amazon's regular trucking contractors were more than twice as likely as other companies to get unsafe driving scores from February 2020 to August 2022
Its regular contractors were more than twice as likely to receive unsafe driving scores compared with similar outfits; Amazon says its network is safe Tweets: @jamieson , @anthony ...
46,000+ people have reported losing $1B+ cumulatively to crypto scams from January 2021 through March 2022, 24% of dollar losses in fraud reported to the FTC
From Super Bowl ads to Bitcoin ATMs, cryptocurrency seems to be everywhere lately. Although it's yet to become a mainstream payment method …
As Uber begins to rein in costs, having lost ~$30B in five-odd years, a look at the impact of cheap rides on city transit and the opportunities that were lost
Recently I was talking with an executive who used to work in car-sharing—the wave of companies, led by Zipcar and car2go … Tweets: @henrygrabar , @dlknowles , @carnage4life , @alex...
Okta confirms an attacker accessed an engineer's laptop in January consistent with posted screenshots by Lapsus$, as customers struggle to grasp their exposure
Authentication firm Okta's statements on the Lapsus$ breach fails to answer key questions. — The digital extortion group Lapsus$ threw …
Google plans to acquire cybersecurity company Mandiant for around $5.4B, or $23 per share, with the deal closing later in 2022; Mandiant will join Google Cloud
Acquisition to bring Google speed and scale to Mandiant's unparalleled intelligence and expertise - at a time when security has never been more important
Biden signs a memorandum expanding the NSA's role in protecting sensitive government networks, and mandating cybersecurity practices at DoD and spy agencies
Dustin Volz / Wall Street Journal :
Red Cross says a cyberattack on a vendor for over 60 Red Cross and Red Crescent societies compromised the personal data of 515,000+ “highly vulnerable people”
(CNN)A cyberattack on a contractor used by the International Committee of the Red Cross (ICRC) has compromised …
Profile of FTC Chair Lina Khan, as some longtime staffers worry she is underestimating the risks of pursuing aggressive antitrust cases that are likely to fail
As monopolies and other large companies gain increasing control of our daily lives, Khan is Joe Biden's pick to do something about it. Tweets: @davidmwessel , @michaelluo , @sheela...
Ethereum developer Virgil Griffith pleads guilty to violating US sanctions law following a crypto and blockchain presentation at a 2019 North Korean conference
Griffith was charged with violating sanctions law by giving a cryptocurrency and blockchain presentation at a North Korean conference in 2019. Source: U.S. Department of Justice .
Sources: FBI refrained from sharing a ransomware decryptor with businesses for almost three weeks, as it carried out an operation to disrupt the REvil gang
The FBI refrained for almost three weeks from helping to unlock the computers of hundreds of businesses and institutions hobbled …
Sources: Biden administration is preparing many actions to disrupt ransomware payments, including sanctions on some crypto wallets and exchanges next week
Q&A with John Binns, a 21-year-old American living in Turkey, who claims responsibility for the recent T-Mobile hack and says its security is “awful”
revealing your full legal name and location—is an interesting strategy. https://www.wsj.com/... Daniel Lippman / @dlippman : “The young hacker said he did it to gain attention. ‘Ge...
How decision-making by Masayoshi Son, who estimated WeWork would be worth $10T by 2028 and wanted Adam Neumann to be “crazier”, led to WeWork's implosion
Wall Street Journal :
Sources: Amazon is discussing forming a “Rebel Alliance” with Slack and other companies to challenge Microsoft's dominance of the work-productivity app market
Director of FBI says it is investigating ~100 types of ransomware, many tracing back to Russia, and compares the challenge of this wave of cyberattacks to 9/11
Christopher Wray points to Russian hackers, calls for coordinated fight across U.S. society — FBI Director Christopher Wray …
Sources and documents detail a months-long cyberstalking and harassment campaign by members of eBay's security team against those behind the ECommerceBytes blog
Wall Street Journal : Tweets: @kadhim , @nongaap , @abihabib , @gzuckerman , @kyweise , @rebeccaballhaus , @roncharles , @karissabe , @daviduberti , @harrymccracken , @arawnsley ,...
NYT says it will stop using third-party data to target ads in 2021, building a first-party data platform instead, starting with 45 proprietary audience segments
Sara Fischer / Axios : Tweets: @donie , @antoniogm , @zackkanter , @antoniogm , @pilhofer , @freedomofpress , @tealtan , @_ram_ , @jimpethokoukis , @auren , @girlsreallyrule , @ni...
Facebook's deepfakes policy is a good move but remains deeply flawed, covering only certain videos created by AI and creating loopholes for misleading “satire”
good old fakes—will easily slip by annoticed. And how many writers on propaganda have warned that irony/satire are anyone's game & a hair's breadth away from disinfo? https://www.t...