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Security

DNA profiles stolen from 23andMe advertised for sale on BreachForums

By Duncan Riley Oct 8, 2023

A hacker on the infamous hacking site BreachForums is advertising DNA profiles stolen in a credential-stuffing attack on genetic testing company 23andMe Holding Co. for sale. The listing, by a user named “Golem,” offers…

Infra

Lower for longer: Tech spending remains tepid

By Dave Vellante Oct 7, 2023

We’re getting used to the phrase “higher for longer,” referring to the realization that interest rates are expected to remain elevated for a period of time. This trend is having an inverse effect on…

AI

Everyone wants to make AI chips, UK antitrust hawks eye cloud providers, and MGM rebuffs ransom demand

By Robert Hof Oct 6, 2023

Generative artificial intelligence continued to dominate the news this week as Anthropic reportedly is raising an additional $2 billion from Google and others, and reports indicated that gen AI partners OpenAI and Microsoft are each…

Security

Report: MGM Resorts refused to pay hackers following ransomware attack

By Maria Deutscher Oct 6, 2023

MGM Resorts International Inc. reportedly refused to pay a ransom that hackers demanded following a cyberattack against its properties last month. The Wall Street Journal reported the decision late Thursday. The same day, MGM…

AI

OpenAI – and Microsoft – reportedly could each develop custom AI chips

By Maria Deutscher Oct 6, 2023

OpenAI LP has reportedly been exploring the idea of developing custom artificial intelligence chips since last year. Reuters reported the initiative late Thursday, citing people familiar with the matter. It’s believed the chipmaking effort…

Blockchain

Crypto wallet hardware maker Ledger lays off 12% of staff

By Kyt Dotson Oct 6, 2023

Ledger SAS, a Paris-based startup that manufactures crypto wallet hardware, cut 12% of its workforce on Thursday, according to a letter sent by its Chief Executive Pascal Gauthier. Ledger produces hardware products and services…

Cloud

In wake of CEO departure controversy, Flexport announces another round of layoffs

By Mike Wheatley Oct 5, 2023

Yet more turmoil was announced by the beleaguered freight logistics software startup Flexport Inc. today, as it revealed plans to cut up to 30% of its workforce. The layoffs are being made to shore…

Emerging Tech

Reusable rocket startup Stoke Space raises $100M for further development

By Duncan Riley Oct 5, 2023

Reusable rocket startup Stoke Space Technologes Inc. today announced that it has raised $100 million in new funding to finance the development of its first-stage rocket engine, the orbital version of its reusable second-stage…

Security

Prolific malware and botnet operator Qakbot still operating despite FBI takedown

By Duncan Riley Oct 5, 2023

A little over a month since a multinational task force headed by the U.S. Federal Bureau of Investigation and Dutch police claimed to have taken down prolific malware and botnet operator Qakbot, the threat actors…

Apps

New Microsoft Teams app promises faster speeds and lower memory usage

By Duncan Riley Oct 5, 2023

Microsoft Corp. today announced the general availability of a new Microsoft Teams app for Windows and Mac that promises faster speeds and lower memory usage. The new app was announced in March and based…

the latest

DNA profiles stolen from 23andMe advertised for sale on BreachForums

Lower for longer: Tech spending remains tepid

Everyone wants to make AI chips, UK antitrust hawks eye cloud providers, and MGM rebuffs ransom demand

Report: MGM Resorts refused to pay hackers following ransomware attack

OpenAI – and Microsoft – reportedly could each develop custom AI chips

Crypto wallet hardware maker Ledger lays off 12% of staff

In wake of CEO departure controversy, Flexport announces another round of layoffs

Reusable rocket startup Stoke Space raises $100M for further development

Prolific malware and botnet operator Qakbot still operating despite FBI takedown

New Microsoft Teams app promises faster speeds and lower memory usage

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