News

Bill Toulas / BleepingComputer: Trend Micro researchers detail Earth Krahang, a China-linked APT campaign that is potentially linked to I-Soon and has breached 70 organizations in 23 countries  —  A sophisticated hacking campaign attributed to a Chinese Advanced Persistent Threat… Read More »Trend Micro researchers detail Earth Krahang, a China-linked APT campaign that is potentially linked to I-Soon and has breached 70 organizations in 23 countries (Bill Toulas/BleepingComputer)

Financial Times: Sources: Canada and the UAE have lobbied leading European and UK AI startups, including Aleph Alpha, Synthesia, and Stability AI, to move their headquarters  —  Canada and UAE lobby companies amid global competition over developing cutting-edge technology  — … Read More »Sources: Canada and the UAE have lobbied leading European and UK AI startups, including Aleph Alpha, Synthesia, and Stability AI, to move their headquarters (Financial Times)

Mackenzie Hawkins / Bloomberg: Sources: the Biden admin is considering blacklisting a number of Chinese chip firms linked to Huawei, after the company used an advanced 7nm chip in Mate 60 Pro  —  – Huawei last year revealed an advanced… Read More »Sources: the Biden admin is considering blacklisting a number of Chinese chip firms linked to Huawei, after the company used an advanced 7nm chip in Mate 60 Pro (Mackenzie Hawkins/Bloomberg)

Reuters: Samsung expects revenue of $100M or more in 2024 from an advanced chip packaging unit that the company set up as a separate business in 2023  —  Samsung Electronics (005930.KS) expects $100 million or more of revenue from its… Read More »Samsung expects revenue of $100M or more in 2024 from an advanced chip packaging unit that the company set up as a separate business in 2023 (Reuters)

Eduard Kovacs / SecurityWeek: Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR  —  Data security firm BigID raises $60 million in a… Read More »Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR (Eduard Kovacs/SecurityWeek)

Nana Shibata / Nikkei Asia: GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok’s acquisition of a ~75% stake in GoTo’s Tokopedia, on a net revenue of ~$933.6M  —  Superapp and ride-sharing company… Read More »GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok’s acquisition of a ~75% stake in GoTo’s Tokopedia, on a net revenue of ~$933.6M (Nana Shibata/Nikkei Asia)

Rishabh Jaiswal / Reuters: Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation  —  Chip firm Astera Labs (IPO-ASTB.O) on Tuesday… Read More »Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation (Rishabh Jaiswal/Reuters)

Mike Rogoway / Oregonian: PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B  —  Jama Software, which helped lead a brief renaissance in Portland technology in the decade after… Read More »PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B (Mike Rogoway/Oregonian)

Business Insider: Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model  —  – OpenAI’s main product is the popular generative AI tool ChatGPT.  — Since its… Read More »Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model (Business Insider)

Ionut Arghire / SecurityWeek: Researchers say misconfigured Firebase instances exposed 125M+ users’ records, including plaintext passwords, email addresses, and messages, across 900 websites  —  A weakness in a Firebase implementation allowed researchers to gain access to names, phone numbers, email… Read More »Researchers say misconfigured Firebase instances exposed 125M+ users’ records, including plaintext passwords, email addresses, and messages, across 900 websites (Ionut Arghire/SecurityWeek)