Saturday, September 17, 2022

A Vietnamese couple says they wiped some of Intercontinental Hotels Group's data, accessed using the password Qwerty1234, after a failed ransomware attack (Joe Tidy/BBC)

Joe Tidy / BBC:
A Vietnamese couple says they wiped some of Intercontinental Hotels Group's data, accessed using the password Qwerty1234, after a failed ransomware attack  —  Hackers have told the BBC they carried out a destructive cyber-attack against Holiday Inn owner Intercontinental Hotels Group (IHG) “for fun”.



A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+ (Bloomberg)

Bloomberg:
A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+  —  Dylan Field dropped out of an Ivy League school in 2012 to take a grant from the billionaire Peter Thiel and start a software company called Figma.



How neural network chess engines redefined the game's creativity, leading some top players to use deception, misdirection, and other psychological techniques (Matteo Wong/The Atlantic)

Matteo Wong / The Atlantic:
How neural network chess engines redefined the game's creativity, leading some top players to use deception, misdirection, and other psychological techniques  —  It was as if a bottom seed had knocked out the top team in March Madness: At the Sinquefield Cup chess tournament in St. Louis earlier this month …



Shopify changes its compensation practices to let staff choose a mix of cash, restricted stock units, and stock options; Shopify stock is down 75% in 2022 (Stefanie Marotta/Bloomberg)

Stefanie Marotta / Bloomberg:
Shopify changes its compensation practices to let staff choose a mix of cash, restricted stock units, and stock options; Shopify stock is down 75% in 2022  —  Shopify Inc. is changing its compensation practices to let staff decide how much of their pay will be cash versus equity …



Unsealed court docs in a privacy user profiling suit against Meta show that apps from Zynga, Yahoo, and others had extensive access to users' friends' data (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch:
Unsealed court docs in a privacy user profiling suit against Meta show that apps from Zynga, Yahoo, and others had extensive access to users' friends' data  —  It's not the crime, it's the cover up... The scandal-hit company formerly known as Facebook has fought for over four years to keep …



Sources: BeReal is exploring adding paid features to avoid advertising; the app now has 15M DAUs, up from 10K in March 2021, and is now valued at ~$600M (Financial Times)

Financial Times:
Sources: BeReal is exploring adding paid features to avoid advertising; the app now has 15M DAUs, up from 10K in March 2021, and is now valued at ~$600M  —  Photo-sharing app BeReal is exploring the addition of in-app payments for extra features to avoid Instagram-style advertising …



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...