Monthly Archives: January 2023

Andrew Martin / Bloomberg: FS-ISAC report: DDoS attacks targeting banks and other financial firms had increased 22% YoY by November 2022, particularly in Europe, where they rose 73% YoY  —  Long considered a nuisance, distributed-denial-of-service attacks, or DDoS, are growing problem for banks and other financial businesses, according to a […]

Financial Times: The US and India launch an initiative to cooperate on critical and emerging technologies, including quantum computing, AI, and semiconductors, to counter China  —  Effort designed to counter China in the Indo-Pacific and wean New Delhi off its reliance on Russia for weapons

Kyle Wiggers / TechCrunch: Sentra, which classifies cloud data according to sensitivity and tracks cloud data security, raised a $30M Series A led by Standard Investments  —  The move to the cloud, accelerated by the pandemic, continues unabated.  By 2025, Gartner estimates that over 95% of new digital workloads …

Katie Notopoulos / BuzzFeed News: A survey of nearly 25K US adults: 29.5% used Twitter in December 2022 and January 2023 vs. 32.4% in October 2022; Democrats’ usage fell as Republicans’ was flat  —  Trust in the platform has dropped among Democrats and risen among Republicans.  —  The number of […]

Ian King / Bloomberg: Intel is cutting 2023 employee compensation to preserve cash for investment, ranging from 5% of the base pay for mid-level managers to 25% for CEO Pat Gelsinger  —  Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company […]

Jennifer Elias / CNBC: Sources: Google is asking employees to test potential ChatGPT competing products, including a chatbot called Apprentice Bard built on its LaMDA language model  —  – Google is testing ChatGPT-like products that use its LaMDA technology, according to sources and internal documents acquired by CNBC.

David Satin / The Streamable: Peacock has stopped offering its free tier to new subscribers; existing users will continue to have access  —  Peacock will no longer offer their free tier for new subscribers, The Streamable has confirmed.  Instead, new users who attempt to sign up for NBCUniversal’s streaming service […]

Sohee Kim / Bloomberg: As memory prices plunge, SK hynix reports its biggest quarterly operating loss on record in Q4, ~$1.4B vs. estimates of ~$900M, on a 38% YoY drop in revenue  —  South Korean chipmaker SK Hynix Inc. reported its biggest quarterly loss on record, due to plunging prices […]

Bill Toulas / BleepingComputer: Microsoft disabled multiple fraudulent, verified Microsoft Cloud Partner Program accounts for creating malicious OAuth apps used to steal customers’ emails  —  Microsoft has disabled multiple fraudulent, verified Microsoft Partner Network accounts for creating malicious OAuth applications …

Sylvia Varnham O’Regan / The Information: Sources: Meta executives are debating whether to relax the company’s long-standing opposition to sharing ad revenue with creators, as it seeks to boost Reels  —  When Wall Street analysts dial into an earnings call tomorrow with Mark Zuckerberg, they’re likely to pepper the Meta […]