Tech News
Tech News and Analysis from around the web
Lily Hay Newman / Wired:
Researchers say the Lapsus$ hackers' success reveals how many weaknesses in organizations weren't immediately useful to state-backed actors or cybercriminals — The fun-loving cybercriminals blamed for breaches of Uber and Rockstar are exposing weaknesses in ways others aren't.
Bloomberg:
The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps — US regulators reached settlements with a dozen banks in a sprawling probe into how global financial firms failed to monitor employees' communications …
Rest of World:
Netflix's password sharing crackdown sparked protests on social media in Argentina, but a source says the anger didn't translate into a mass subscriber exodus — New prices sparked outrage in Latin America, with some threatening to boycott the platform. — • BUENOS AIRES, ARGENTINA
Bloomberg:
Sources: Apple tells suppliers to pull back from efforts to increase supply of iPhone 14 models by ~6M units in H2 2022, aiming for 90M units, on par with 2021 — Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize …
Richard Lawler / The Verge:
Fast Company took its website offline after a hacker used its Apple News account to send two obscene push notifications; Apple disabled the outlet's channel — It's been a little while since we had a high-profile media feed hijacking, but tonight someone sent an Apple News notification …
We need better metadata on RSS feeds. Maybe something like Wikipedia for feeds where we fill in missing data. Better descriptions of what's in the feed. Who writes, what they write about. Something like Metacritic.
Mitchell Clark / The Verge:
VK, which owns Mail.ru and Russia's largest social network VKontakte, says Apple removed some of its apps from the App Store; the apps are still on Google Play — The translated statement says “some VK applications are blocked by Apple” but that it will “continue to develop and support iOS applications.”
Ashley Carman / Bloomberg:
A look at tappable podcast ads in mobile games, which trigger episode downloads; source: iHeartMedia got ~6M unique listeners/month through such ads since 2018 — Want more stories like this from Ashley Carman? Podcasters are always hunting for new, flashy places to promote their shows …
The Guardian:
Court filing: Elon Musk's deposition by Twitter's lawyers was rescheduled to October 6 and 7; the five-day trial in Wilmington, Delaware, starts on October 17 — Musk to be questioned under oath by Twitter lawyers on 6 and 7 October in preparation for trial over abandoned $44bn takeover
Jennifer Surane / Bloomberg:
The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps — Banking giants including Goldman Sachs Group Inc. and Citigroup Inc. agreed to pay regulators $1.1 billion in penalties for failing …
Theo Wayt / New York Post:
Lyft freezes all hiring in the US through the end of 2022 and started notifying job candidates about the freeze this week; Lyft's stock is down 68% year-to-date — Ride-sharing app Lyft is freezing all hiring in the US through the end of 2022, The Post has learned.
Jacob Ridley / PC Gamer:
Intel plans to launch its Arc A770 graphics card for $329 on October 12, hoping to compete with Nvidia's budget GeForce RTX 3060 on price and performance — That's the same MSRP as the Nvidia GeForce RTX 3060 it goes up against, but Intel says that the green team's card isn't actually that cheap.
Brandy Betz / CoinDesk:
MPCH Labs, which is developing a cryptographic technique to split and store private keys for multiple users, raised a $40M Series A led by Liberty City Ventures — Liberty City Ventures, which incubated the startup, led the funding round. — MPCH Labs raised $40 million in a Series …
Nathan Ingraham / Engadget:
The latest iPadOS 16 developer beta makes Stage Manager work with older A12X and A12Z iPads, but does not support extending the display to an external monitor — Probably the biggest change Apple announced with iPadOS 16 earlier this year is Stage Manager, a totally new multitasking system …
Eileen AJ Connelly / The Wrap:
The SEC sues two ex-MoviePass CEOs, charging them with misleading investors about profit potential, data operations, studio relationships, and revenue sources — The Securities and Exchange Commission filed suit against two former CEOs of MoviePass, charging them with misleading investors …
Ron Miller / TechCrunch:
NYC-based Arthur AI, which helps companies monitor the accuracy of their ML models over time, raised a $42M Series B led by Acrew Capital and Greycroft — It's widely understood that after machine learning models are deployed in production, the accuracy of the results can deteriorate over time.
It's great that Substack has a new simple browser-based reader. Feedly might be too much for a new feed user. And Substack comes with a lot of news sources already programmed in. If I were in charge of Feedly, I'd do a "lite" product that's free, does everything Substack's reader does, includes all the Substack feeds. And of course the upgrade to the full Feedly would be easy. Substack is going down the same path we went down with Radio UserLand in 2002. It does both reading and writing. That's a big deal.