Archive for July 4th, 2007
links for 2007-07-03
Posted by: amygdala on July 4, 2007
- YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M of users' funds by investing them in UST, after earlier claiming it was investing in USDC (Timothy Craig/Crypto Briefing)
- Snapchat is testing Family Center, which lets parents see who their teens are friends with and whom they are texting; teens have the option to not participate (Sarah Perez/TechCrunch)
- FTC warns edtech companies to not use children's data for ads and other commercial purposes without parental consent, saying it will "vigilantly enforce" COPPA (Tonya Riley/CyberScoop)
- A Meta executive told employees to stop discussing abortion on Workplace, citing "an increased risk" that the company is seen as a "hostile work environment" (Alex Heath/The Verge)
- AdvIntel: the Conti ransomware group has taken its infrastructure offline and its leaders have partnered with other smaller ransomware groups to conduct attacks (Lawrence Abrams/BleepingComputer)
- Docs: SpaceX paid $250K to settle a flight attendant's allegation that Elon Musk exposed himself and offered a horse in exchange for an erotic massage in 2016 (Rich McHugh/Insider)
- Analysis: insurers significantly raised cyber coverage premiums in 2021, after high profile hacks; direct-written premiums by the largest insurers rose 92% YoY (Wall Street Journal)
- Sacramento-based Azra Games, a blockchain gaming startup developing a sci-fi fantasy game with virtual collectibles, raises a $15M seed led by a16z (MK Manoylov/The Block)
- Canada joins its intelligence allies in banning carriers from using Huawei and ZTE equipment for the country's 5G network, after a delay of over three years (Robert Gillies/Associated Press)
- Sources: Coinbase is pausing new projects, freezing hiring, cutting costs, and giving staff more stock grants after its stock fell 75%+ in the past six months (The Information)
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Amy G. Dala 