Thursday, December 17, 2020

Google Hit With Third Antitrust Lawsuit Over Anti-Competition Behaviour

Enforcers from 38 US states hit Google with its third antitrust suit in recent months, accusing the Internet giant of abusing its internet search dominance to eliminate competition. https://ift.tt/3alvDjj

Google Wins EU Approval for $2.1-Billion Fitbit Acquisition

The European Union on Thursday approved Google's $2.1-billion (roughly Rs. 15,400 crores) purchase of smartwatch maker Fitbit, after the tech titan agreed to conditions including not using health data... https://ift.tt/37vLTMS

Microsoft Says It Found Malicious Solar Winds Software in Its Systems

Microsoft said it found malicious software in its systems related to a massive hacking campaign disclosed by US officials this week, adding a top technology target to a growing list of attacked... https://ift.tt/3rav95u

Cyberpunk 2077 Pulled From PlayStation Store Following Bug Backlash

Sony is pulling the much-hyped Cyberpunk 2077 from PlayStation stores around the world, the firm said, after a flood of complaints and ridicule over bugs, compatibility issues, and even health risks. https://ift.tt/38cwZu9

Samsung works its way into European 5G race to fill Huawei gap

European mobile operators are starting to consider Samsung Electronics , long seen as a non-starter, in the race to replace China's Huawei as the supplier of their fledgling 5G systems, although early talks suggest it will still be an uphill struggle. https://ift.tt/37rau5r

Microsoft says it found malicious software from SolarWinds in its systems

Microsoft Corp said it found malicious software in its systems related to a massive hacking campaign disclosed by U.S. officials this week, adding a top technology target to a growing list of attacked government agencies. https://ift.tt/3h5pnxx

As its revenue surges, Roku has become increasingly forceful in its negotiations with media companies, as evidenced by its fights with Fox and WarnerMedia (Patience Haggin/Wall Street Journal)

Patience Haggin / Wall Street Journal:
As its revenue surges, Roku has become increasingly forceful in its negotiations with media companies, as evidenced by its fights with Fox and WarnerMedia  —  The maker of the leading streaming-media player has taken up brash negotiating tactics over its terms to carry services like HBO Max and Peacock



Guide to change background during GMeet

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9 smartphone apps that users spent most money on in 2020

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Microsoft identified 40+ customers targeted in the SolarWinds hack, 80% in the US, says the attack is "ongoing" and calls for a global cybersecurity response (Brad Smith/Microsoft On the Issues)

Brad Smith / Microsoft On the Issues:
Microsoft identified 40+ customers targeted in the SolarWinds hack, 80% in the US, says the attack is “ongoing” and calls for a global cybersecurity response  —  The final weeks of a challenging year have proven even more difficult with the recent exposure of the world's latest serious nation-state cyberattack.



Sony is removing Cyberpunk 2077 from PlayStation Store until further notice, and offering full refunds to people who bought it, amid reports of it being buggy (Jay Peters/The Verge)

Jay Peters / The Verge:
Sony is removing Cyberpunk 2077 from PlayStation Store until further notice, and offering full refunds to people who bought it, amid reports of it being buggy  —  You can request a refund now  —  Sony is pulling Cyberpunk 2077 from the PlayStation Store and offering full refunds for anyone …



Rubrik, a data management startup last valued at $3.3B in 2019, acquires tech and IP assets from Igneous, which provides unstructured data management services (Taylor Soper/GeekWire)

Taylor Soper / GeekWire:
Rubrik, a data management startup last valued at $3.3B in 2019, acquires tech and IP assets from Igneous, which provides unstructured data management services  —  Rubrik, a Palo Alto, Calif-based cloud data management startup valued at more than $3 billion, has acquired technology and IP assets from Igneous …



Microsoft says compromised SolarWinds apps were on its networks but that no customer data was stolen; it denies report hackers used its systems to attack others (Catalin Cimpanu/ZDNet)

Catalin Cimpanu / ZDNet:
Microsoft says compromised SolarWinds apps were on its networks but that no customer data was stolen; it denies report hackers used its systems to attack others  —  Report claims that after hackers breached Microsoft, they used Microsoft's own products to attack other companies.



Poshmark files S-1 for its IPO, reports revenue growth of 28% YoY to $192.8M in the first nine months of 2020 and 31.7M active users, says it is now profitable (Annie Palmer/CNBC)

Annie Palmer / CNBC:
Poshmark files S-1 for its IPO, reports revenue growth of 28% YoY to $192.8M in the first nine months of 2020 and 31.7M active users, says it is now profitable  —  - Poshmark is an online marketplace for secondhand clothing, shoes and accessories.  — The company filed to go public on Thursday.



An investigation into who owns MindGeek, the secretive company behind Pornhub, which had $460M in revenue in 2018 and has 115M+ daily visitors to its sites (Patricia Nilsson/Financial Times)

Patricia Nilsson / Financial Times:
An investigation into who owns MindGeek, the secretive company behind Pornhub, which had $460M in revenue in 2018 and has 115M+ daily visitors to its sites  —  Mario Salieri was shooting a pornographic movie in a lavish Prague villa two decades ago when he first caught sight of the computer geeks who were about to upend his industry.



MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...