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April 17, 2024, 7:15 AM
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Top News

Sergiu Gatlan / BleepingComputer:
Current and former T-Mobile and Verizon employees say they are receiving texts offering up to $300 to perform a SIM swap; T-Mobile says it is investigating  —  Criminals are now texting T-Mobile and Verizon employees on their personal and work phones, trying to tempt them with cash to perform SIM swaps.
Josh Dzieza / The Verge:
How a network of repair ships helps maintain the estimated 800,000 miles of undersea internet cables; of the 77 cable ships, only 22 are designed for repairs  —  Field's crew caught the cable on the first try and nearly had it aboard when the rope snapped and slipped back into the sea.
Rob Golum / Bloomberg:
Filing: Take-Two plans to lay off 5% of its workforce, expecting to incur up to $200M in charges as part of the downsizing, including $140M from canceled titles  —  The company sees expenses of up to $200 million as part of the effort, including as much as $140 million from canceled projects …
Cecilia D'Anastasio / Bloomberg:
Activision cuts entry fees for teams in its professional Call of Duty League, and will return collected fees, as the esports industry faces financial challenges  —  The teams, including ones owned by sports-business billionaires Robert Kraft and Stan Kroenke, will no longer be required to pay …
Priya Anand / Bloomberg:
Sensor Tower: Naval Ravikant and Brian Norgard's audio-focused invitation-only social app Airchat has been downloaded 30K+ times since its relaunch this month  —  - The app feels like a combination of voice notes and Twitter  — Invite-only Airchat has won over VCs and early adopters
Kyle Wiggers / TechCrunch:
The Linux Foundation announces the Open Platform for Enterprise AI, to foster the development of open, multi-provider, and composable generative AI systems  —  Can generative AI designed for the enterprise (for example, AI that autocompletes reports, spreadsheet formulas and so on) ever be interoperable?
Connor Jones / The Register:
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company  —  First glimpse at attack financials reveals huge pain  —  UnitedHealth, parent company of ransomware-besieged Change Healthcare …
Dell Cameron / Wired:
The US Senate is set to vote on RISAA, which reauthorizes FISA's Section 702 and could force new types of businesses to eavesdrop on Americans without a warrant  —  A controversial bill reauthorizing the Section 702 spy program may force whole new categories of businesses to eavesdrop …
Andy Greenberg / Wired:NEW
Mandiant links hacktivist group Cyber Army of Russia, which claimed to target utilities in France, the US, and Poland, to Russia-linked hacking group Sandworm  —  Cyber Army of Russia Reborn, a group with ties to the Kremlin's Sandworm unit, is crossing lines even that notorious cyberwarfare unit wouldn't dare to.
Yimou Lee / Reuters:
Foxconn Chair Young Liu says the company implemented a rotating CEO system this month, aiming to nurture successors, choosing a leader from its six businesses  —  Taiwan's Foxconn (2317.TW) has this month started a rotating chief executive system in an overhaul of its management designed …
More: Nikkei Asia
Spencer Soper / Bloomberg:
CIRP: Amazon Prime hit a new high of 180M US shoppers in March 2024, up 8% YoY, despite greater online competition; 75% of US shoppers have a Prime membership  —  Amazon.com Inc.'s Prime subscription service hit a new high of 180 million US shoppers in March, an increase of 8% from a year earlier …
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Imogen West-Knights / Financial Times:
How video games with immersive storylines and powerful, emotive writing offer some of the most thrilling fiction out there, overtaking books for some readers  —  With immersive storylines and powerful, emotive writing, some of the most thrilling fiction out there is being created in game form
David Ljunggren / Reuters:
Canada plans to introduce a digital services tax on large tech companies, which could raise CA$5.9B over five years starting in FY 2024-2025  —  Canada will press ahead with introduction of a digital services tax on large technology companies, which would raise C$5.9 billion ($4.3 billion) …

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Newest

Andy Greenberg / Wired:
Mandiant links hacktivist group Cyber Army of Russia, which claimed to target utilities in France, the US, and Poland, to Russia-linked hacking group SandwormFind
New
Steven T. Dennis / Bloomberg:
US Senators Cynthia Lummis and Kirsten Gillibrand propose a bill to regulate stablecoins; House and Senate lawmakers are pushing to pass a bill as soon as MayFind
10 minutes ago
Josh Dzieza / The Verge:
How a network of repair ships helps maintain the estimated 800,000 miles of undersea internet cables; of the 77 cable ships, only 22 are designed for repairsFind
30 minutes ago
Imogen West-Knights / Financial Times:
How video games with immersive storylines and powerful, emotive writing offer some of the most thrilling fiction out there, overtaking books for some readersFind
50 minutes ago
Spencer Soper / Bloomberg:
CIRP: Amazon Prime hit a new high of 180M US shoppers in March 2024, up 8% YoY, despite greater online competition; 75% of US shoppers have a Prime membershipFind
70 minutes ago
Yimou Lee / Reuters:
Foxconn Chair Young Liu says the company implemented a rotating CEO system this month, aiming to nurture successors, choosing a leader from its six businessesFind
1½ hours ago
Cecilia D'Anastasio / Bloomberg:
Activision cuts entry fees for teams in its professional Call of Duty League, and will return collected fees, as the esports industry faces financial challengesFind
2 hours ago
Full Time-Sorted List

From Mediagazer

Alicia Montgomery / Slate:
A former NPR editor says Uri Berliner's critique was inaccurate and ignored inconvenient facts, but the outlet has long been an overcautious, centrist mess

Hadas Gold / CNN:
The News/Media Alliance asks the DOJ, the FTC, and California's AG for a probe into whether Google broke any laws when removing some links to CA news sites

Megan Specia / New York Times:
The US assures the UK that Julian Assange could seek US First Amendment protections and wouldn't face the death penalty or be persecuted for his nationality

More News

Natasha Lomas / TechCrunch:
Apple debuts iOS app web distribution to EU users, letting qualifying developers who opt in to its Core Technology Fee offer direct downloads via their sites

Earlier Picks

Lizette Chapman / Bloomberg:
Andreessen Horowitz raised $7.2B, including $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4%
PA Media:
The UK proposes legislation to outlaw creating sexually explicit deepfake photos without consent, regardless of whether creators intended to share the images
Raphael Satter / Reuters:
The Open Source Security Foundation and the OpenJS Foundation say the attempt to insert a secret backdoor into XZ Utils “may not be an isolated incident”
Abner Li / 9to5Google:
YouTube strengthens its “enforcement on third-party apps” violating its ToS, “specifically ad-blocking apps”, leading to error messages and “buffering issues”
Benjamin Sandofsky / Sandofsky:
How Humane's attempt to build its Ai Pin “The Apple Way” led to disastrous results, after taking six years to build it and raising $230M
Financial Times:
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board
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