Friday, June 16, 2023

Meta says it’s totally fine for 10-year-olds to wear its VR headset, probably

Meta will soon officially permit users as young as 10 to use its Meta Quest 2 and 3 VR headsets — if their parents say it’s okay, anyway. In a blog post, the tech giant says that there’s “a vast array of engaging and educational apps, games, and more” for the kiddos, even if the […]

Meta says it’s totally fine for 10-year-olds to wear its VR headset, probably by Devin Coldewey originally published on TechCrunch

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A simple bug exposed access to thousands of smart security alarm systems

U.S. power and electronics giant Eaton has fixed a security vulnerability that allowed a security researcher to remotely access thousands of smart security alarm systems. Security researcher Vangelis Stykas said he found the vulnerability in Eaton’s SecureConnect, a cloud-based system that allows customers to remotely access, manage, and arm and disarm their security alarm systems […]

A simple bug exposed access to thousands of smart security alarm systems by Zack Whittaker originally published on TechCrunch

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Musk woos ad giants in Paris to fix Twitter’s woes

In a steaming-hot, packed, VivaTech hall in Paris today, Twitter owner Elon Musk waxed lyrical on his various accomplishments, but demured over some of the bigger questions hanging over his various companies. After walking on stage and joking that he might be a “hologram or an android”, Musk also quipped that Twitter was “expensive” and […]

Musk woos ad giants in Paris to fix Twitter’s woes by Ingrid Lunden originally published on TechCrunch

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US confirms federal agencies hit by MOVEit breach, as hackers list more victims

The U.S. government has confirmed that multiple federal agencies have fallen victim to cyberattacks exploiting a security vulnerability in a popular file transfer tool. In a statement shared with TechCrunch, CISA confirmed that “several” U.S. government agencies have experienced intrusions related to the exploitation of a vulnerability in MOVEit Transfer, an enterprise file transfer tool […]

US confirms federal agencies hit by MOVEit breach, as hackers list more victims by Carly Page originally published on TechCrunch

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Smaller VCs are having an impact on diverse investors and founders

Smaller funds raising less institutional capital gives them more leverage to take risks, which is what investing in diversity is seen as.

Smaller VCs are having an impact on diverse investors and founders by Dominic-Madori Davis originally published on TechCrunch

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Feds catch another LockBit hacker, Justice Department announces

The Justice Department has arrested and charged a Russian national for his alleged role in multiple LockBit ransomware attacks against victims in the U.S. and around the world. According to a criminal complaint unsealed on Thursday, 20-year-old Ruslan Magomedovich Astamirov is accused of carrying out five cyberattacks between August 2020 and March 2023, four of […]

Feds catch another LockBit hacker, Justice Department announces by Carly Page originally published on TechCrunch

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Amazon’s $1.7B iRobot acquisition greenlighted by UK antitrust regulator

The U.K.’s antitrust regulator has given the go-ahead to Amazon’s proposed billion-dollar iRobot acquisition, concluding that the deal “would not lead to competition concerns in the U.K.” Amazon first revealed plans to buy robot vacuum maker iRobot for $1.7 billion last August, though the megabucks deal was always likely to draw scrutiny from regulators. The […]

Amazon’s $1.7B iRobot acquisition greenlighted by UK antitrust regulator by Paul Sawers originally published on TechCrunch

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Reddit CEO lashes out on protests, moderators and third-party apps

Reddit CEO Steve Huffman is not backing down amid protests against API changes made by the platform. In interviews with The Verge, NBCNews, and NPR, Huffman defended business decisions made by the company to charge third-party apps saying API wasn’t designed to support these clients. The Reddit co-founder also talked about protesting moderators, changing site […]

Reddit CEO lashes out on protests, moderators and third-party apps by Ivan Mehta originally published on TechCrunch

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It’s a bird, it’s a plane, no, it’s a crypto whale

Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. Earlier this week, I took a look at what some major crypto whales’ wallets were doing, where they parked their funds and how their activity signals movement in the broader market. I examined six wallets, which were provided […] It’s a bird, it’s a plane, no, it’s a crypto whale by Jacquelyn Melinek originally published on TechCrunch
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Thursday, June 15, 2023

LockBit claims ransomware attack on pharma giant Granules India

The Russia-linked ransomware group LockBit has claimed responsibility for a cyberattack on Indian pharmaceutical giant Granules India, and published portions of the data it allegedly stole. LockBit’s dark web leak site listed Granules India as one of its latest victims on Wednesday, according to a listing seen by TechCrunch. Granules India has yet to confirm […]

LockBit claims ransomware attack on pharma giant Granules India by Jagmeet Singh originally published on TechCrunch

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Lyft co-founder Logan Green retains board seat despite shareholder opposition

Logan Green, the co-founder and former CEO of ride-hailing platform Lyft, will remain on the company’s board despite opposition from some shareholders, according to preliminary results from the company’s annual shareholder meeting Thursday. The SOC Investment Group, an organization that says it holds corporations and leadership accountable for irresponsible and unethical corporate behavior, sent a […]

Lyft co-founder Logan Green retains board seat despite shareholder opposition by Rebecca Bellan originally published on TechCrunch

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European startups still have a long way to go to achieve gender parity

According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included a woman in the founding team. And when you look at women-only founding team, that number drops to 10%. That means that, yes, 78% of European […]

European startups still have a long way to go to achieve gender parity by Romain Dillet originally published on TechCrunch

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Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities

Clop, the ransomware gang responsible for exploiting a critical security vulnerability in a popular corporate file transfer tool, has begun listing victims of the mass-hacks, including a number of U.S. banks and universities. The Russia-linked ransomware gang has been exploiting the security flaw in MOVEit Transfer, a tool used by corporations and enterprises to share […]

Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities by Carly Page originally published on TechCrunch

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BYD is overtaking Tesla, but its EV dream skips the US for now

A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28 years ago, delivered 547,917 passenger EVs, including hybrids, a category it’s known for, in the first quarter of 2023. The tally surpassed that of Tesla, which […]

BYD is overtaking Tesla, but its EV dream skips the US for now by Rita Liao originally published on TechCrunch

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