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An investigation suggests the third suspect behind the hacks of Snowflake clients may be a US Army soldier who is or was recently stationed in South Korea (Brian Krebs/Krebs on Security)
Brian Krebs / Krebs on Security: An investigation suggests the third suspect behind the hacks of Snowflake clients may be a US Army soldier who is or was recently stationed in South Korea — Two men have been arrested for allegedly stealing data from and extorting dozens of companies that used the cloud data storage company Snowflake …
Published: 2024-11-27 04:25:01
Wherobots, which offers a cloud-based platform to process and analyze geospatial data from satellites and other sources, raised a $21.5M Series A led by Felicis (Allie Garfinkle/Fortune)
Allie Garfinkle / Fortune: Wherobots, which offers a cloud-based platform to process and analyze geospatial data from satellites and other sources, raised a $21.5M Series A led by Felicis — Mo Sarwat, cofounder and CEO of Wherobots. — WHEROBOTS — As a kid in Cairo, Mo Sarwat first grasped the dangers of not understanding the natural world.
Published: 2024-11-27 04:20:06
TikTok plans to block users under 18 years of age from using beauty filters and says it is tightening its systems to block users under 13 from the platform (Robert Booth/The Guardian)
Robert Booth / The Guardian: TikTok plans to block users under 18 years of age from using beauty filters and says it is tightening its systems to block users under 13 from the platform — Social media platform under pressure to improve security as it announces plans to block under-13s from signing up
Published: 2024-11-27 04:01:13
OpenAI suspends access to Sora in response to a group of artists leaking access to the tool in protest of the company's treatment of creative professionals (Nitasha Tiku/Washington Post)
Nitasha Tiku / Washington Post: OpenAI suspends access to Sora in response to a group of artists leaking access to the tool in protest of the company's treatment of creative professionals — A group of artists created a webpage allowing anyone to make AI videos using Sora. They argue the maker of ChatGPT used artists as “PR puppets” without pay.
Published: 2024-11-27 03:10:01
Samsung names Young Hyun Jun as its co-CEO as well as head of its memory chip business and appoints Jinman Han as the company president and foundry unit head (Reuters)
Reuters: Samsung names Young Hyun Jun as its co-CEO as well as head of its memory chip business and appoints Jinman Han as the company president and foundry unit head — Samsung Electronics (005930.KS) on Wednesday announced new heads of its memory and foundry chip units, as it scrambles to catch up with SK Hynix …
Published: 2024-11-27 03:01:07
Evolv reaches an agreement to resolve an FTC inquiry alleging the company made false claims about its AI-powered security system's ability to screen for weapons (Stephen Nakrosis/Wall Street Journal)
Stephen Nakrosis / Wall Street Journal: Evolv reaches an agreement to resolve an FTC inquiry alleging the company made false claims about its AI-powered security system's ability to screen for weapons — The proposed settlement order would ban Evolv from making unsupported claims about its products, and require the security technology company …
Published: 2024-11-27 01:55:00
US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, as they can't be owned and so are not "property" (Felix Ng/Cointelegraph)
Felix Ng / Cointelegraph: US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, as they can't be owned and so are not “property” — A US appeals court ruled the Treasury's OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash's smart contracts.
Published: 2024-11-27 00:50:01
Luma Partners: in Q3, M&A volume in ad tech rose 118% YoY and 26% QoQ and has continued to heat up in Q4 with Samba TV-Semasio, Zeta-LiveIntent, and other deals (Axios)
Axios: Luma Partners: in Q3, M&A volume in ad tech rose 118% YoY and 26% QoQ and has continued to heat up in Q4 with Samba TV-Semasio, Zeta-LiveIntent, and other deals — - The take-private deal is the latest in a flurry of deal flow in the media sector. — Brightcove, which hosts …
Published: 2024-11-27 00:01:07
South Korea says it will bolster its domestic chipmakers next year with $10.2B in support including loans, citing potential economic uncertainty under Trump (Sam Kim/Bloomberg)
Sam Kim / Bloomberg: South Korea says it will bolster its domestic chipmakers next year with $10.2B in support including loans, citing potential economic uncertainty under Trump — - Seoul flags trade concerns ahead of Trump inauguration — Aid marks latest support for chipmakers facing competition
Published: 2024-11-26 23:20:02
An analysis finds over 54% of longer English-language posts on LinkedIn are likely AI-generated; LinkedIn says it doesn't track how many posts are created by AI (Kate Knibbs/Wired)
Kate Knibbs / Wired: An analysis finds over 54% of longer English-language posts on LinkedIn are likely AI-generated; LinkedIn says it doesn't track how many posts are created by AI — A new analysis estimates that over half of longer English-language posts on LinkedIn are AI-generated, indicating the platform's embrace of AI tools has been a success.
Published: 2024-11-26 23:05:06
The FCC approves a license for SpaceX and T-Mobile to use Starlink to offer supplemental coverage from space in a bid to extend internet access to remote areas (David Shepardson/Reuters)
David Shepardson / Reuters: The FCC approves a license for SpaceX and T-Mobile to use Starlink to offer supplemental coverage from space in a bid to extend internet access to remote areas — The Federal Communications Commission said on Tuesday it has approved a license for T-Mobile (TMUS.O) and Elon Musk's SpaceX Starlink unit …
Published: 2024-11-26 22:55:14
A group published a project on Hugging Face that seemingly granted brief access to OpenAI's Sora, protesting what it calls duplicity and "art washing" by OpenAI (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: A group published a project on Hugging Face that seemingly granted brief access to OpenAI's Sora, protesting what it calls duplicity and “art washing” by OpenAI — A group appears to have leaked access to Sora, OpenAI's video generator, in protest of what it's calling duplicity and “art washing” on OpenAI's part.
Published: 2024-11-26 22:25:01
HP reports Q4 revenue up 1.7% YoY to $14.1B, Personal Systems revenue up 2% to $9.59B vs. $9.74B est., forecasts Q1 profit below est.; HPQ drops 7%+ after hours (Brody Ford/Bloomberg)
Brody Ford / Bloomberg: HP reports Q4 revenue up 1.7% YoY to $14.1B, Personal Systems revenue up 2% to $9.59B vs. $9.74B est., forecasts Q1 profit below est.; HPQ drops 7%+ after hours — HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback …
Published: 2024-11-26 21:55:04
CrowdStrike reports Q3 revenue up 29% YoY to $1.01B, vs. $982.8M est., a $16.8M loss, compared to a $26.7M profit a year earlier, and raises its FY 2025 outlook (Connor Hart/Wall Street Journal)
Connor Hart / Wall Street Journal: CrowdStrike reports Q3 revenue up 29% YoY to $1.01B, vs. $982.8M est., a $16.8M loss, compared to a $26.7M profit a year earlier, and raises its FY 2025 outlook — Cybersecurity company were dragged down by expected headwinds following one of the worst computer outages ever
Published: 2024-11-26 21:50:03
Kraken says it is shutting down its NFT marketplace almost two years after it was launched (Teresa Xie/Bloomberg)
Teresa Xie / Bloomberg: Kraken says it is shutting down its NFT marketplace almost two years after it was launched — - Holders will have help from support moving NFTs from platform — NFTs struggle to rebound from the crypto bear market of 2022 — The crypto exchange Kraken is shutting down its NFT marketplace almost …
Published: 2024-11-26 21:45:01
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