A new Golang-based worm has been actively dropping XMRig cryptocurrency malware on Windows and Linux servers since early December, mining Monero — A newly discovered and self-spreading Golang-based malware has been actively dropping XMRig cryptocurrency miners on Windows and Linux servers since early December.
Flexiv, a Chinese startup that makes general-purpose adaptive robots powered by computer vision and AI, raises $100M+ Series B from investors including Meituan — As businesses around the world look to automate production lines and supply chains, companies making the robots are attracting great investor interest.
NYSE says it will delist three Chinese companies, China Mobile, China Telecom and China Unicom, on January 7 to comply with a US EO imposing restrictions — The New York Stock Exchange said it will delist three Chinese companies to comply with a U.S. executive order that imposed restrictions …
7 most valuable US tech companies added a combined $3.4T in market cap in 2020: Apple gained ~$1T, Amazon $710B, Microsoft $480B, Alphabet $268B, Facebook $193B — - Apple's market cap jumped by almost $1 trillion this year, followed by Amazon, which increased by over $700 billion.
Alphabet's Wing says new FAA drone rules mandating radio-frequency broadcasts for remote identification will erode privacy, suggests internet-based tracking — Alphabet Inc's drone delivery unit Wing criticized Trump administration rules issued this week mandating broadcast-based remote identification …
The Bay Area won't be displaced as the nation's top tech hub anytime soon but lawmakers need to recognize the dangers of bad governance that is fueling backlash — Silicon Valley remains the world's preeminent tech hub. But that won't last if lawmakers there keep antagonizing businesses.
Researchers: NSO Group used location data from thousands of unsuspecting people during its pitch of COVID-19 contact-tracing tech to governments and journalists — Researchers say NSO's use of real data “violated the privacy” of thousands of people. — Spyware maker NSO Group used real …
Over Christmas holiday, Apptopia says HBO Max had ~554K app signups; Sensor Tower says Disney+ had ~2.3M global app installations, up 28% from prior weekend — AT&T Inc.'s HBO Max streaming platform set a single-day record for downloads of its mobile app following the release of the superhero sequel …
FactSet: Amazon's “other” business unit, which is made up almost entirely of its ads business, will make $21B in revenue in 2020, up 47% YoY — Ads unit grows faster than retail or cloud computing divisions — The surge in online shopping triggered by the Covid-19 pandemic …
New York regulators have authorized a subsidiary of Japan's GMO Internet to issue the world's first publicly available stablecoin backed by the Japanese yen — The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins.
Fujitsu eyes 20 potential M&A targets as part of a five-year $5.8B plan aiming to strengthen its digital services and capitalize on US-China trade disputes — Shortlist is part of investment push to hasten group's pivot to digital services — Fujitsu has drawn up a shortlist …
Mathematicians, professors, and others reflect on Game of Life, a simulation game devised in 1970, and its lasting influence on the field of cellular automata — Fifty years on, the mathematician's best known (and, to him, least favorite) creation confirms that “uncertainty is the only certainty.”
DXY, a Chinese online portal for doctors, healthcare organizations, and consumers to share knowledge, raises $500M led by Trustbridge Partners — DXY, a 20-year-old online healthcare community for Chinese consumers and healthcare organizations like Pfizer, announced this week …
Amazon says during this holiday season, third-party sales grew 50% globally, compared to the same time period in 2019 — Amazon said it delivered billions of products globally this holiday season as it wraps up what is expected to be a record fourth fiscal quarter amid the ongoing pandemic.
NY Post source for Hunter Biden laptop stories sues Twitter for defamation, alleging Twitter falsely labeled him a hacker after blocking NY Post content in Oct. — A Delaware computer repair shop owner sued Twitter, alleging the social network defamed him by labeling him a “hacker” …
Report: Indian startups raised ~$9.3B from 1,088 deals in 2020, lower than $14.5B from 1,185 deals in 2019; rounds of $100M+ fell from 26 in 2019 to 20 in 2020 — The coronavirus pandemic — and a handful of other factors — slowed dealmaking for startups in India this year.
Alibaba raises proposed stock repurchase program by $4B to $10B, but shares slide 5%+ to a six month low in early Hong Kong trading amid antitrust fears — - An upsized share buyback program fails to lift Alibaba shares — It coincides with a harsh clampdown on part-owned Ant Group
Eight themes for the near future of tech: from decentralized workplaces and the rise of community-as-a-service to quirky social apps for kids under 16 — As we pull ourselves out of the ditch that was 2020, there are a few major themes of the future I'm particularly excited about.
With traffic to Chatroulette booming amid COVID, the team is testing AI tools to moderate content; it now offers a filtered channel designed to exclude nudity — The hottest app of early 2010 faded quickly when it was flooded with unwanted nudity. Smarter content moderation is helping to revive it.
Nashville mayor says the Christmas day explosion in the city appears to have targeted an AT&T building, amid reports the suspect was paranoid about 5G — Nashville's mayor said Sunday that the city's Christmas blast appeared to be an “infrastructure attack” on the AT&T building there …
Due to the pandemic, trends that normally may have taken years to unfold, like remote work or the shift from physical to virtual commerce, happened in months — Spurred by the pandemic, business changes that normally might have taken years unfolded in months.
Citing environmental concerns Xiaomi CEO says its flagship Mi 11 phone will not come with a charger in the box; Xiaomi mocked Apple earlier over the same issue — Xiaomi's CEO confirmed the decision on social media site Weibo — Lei Jun, the CEO of Chinese phone maker Xiaomi …
China's central bank tells Ant it must overhaul its lending, insurance, and wealth management businesses and come up with a timetable as soon as possible — - Authorities require Ant to overhaul business, set up timetable — Ant was blasted over governance, disdain toward compliance
Kuo: Apple Car's unclear development schedule means it may launch in 2025-2027, while changes in EV/self-driving market may push the launch to 2028 — Earlier this week, Reuters reported that Apple is targeting 2024 for production of its long-rumored electric vehicle with “next level” …
Study: the median valuation for SaaS companies raising their Series C rose by 40% to $210M this year, while their median revenue grew 20% — Valuations soar in Silicon Valley with venture capitalists racing to find next big thing — The surging value of cloud software companies …
Beijing's frenzied drive to free itself from a reliance on imported chips could prove to be one of the enduring legacies of Trump's trade policies toward China — Beijing's drive to free itself from reliance on imported semiconductors has lifted start-ups and big firms alike. Some have flamed out.
Clothilde Goujard / Politico : The EU Commission says Shein will have to comply with DSA rules for content handling, starting August 2024...
