Journals

Bloomberg: EquiLend, which processes $2.4T of securities-lending transactions per month, goes down after a January 22 cyberattack and says restoration may take a few days  —  – EquiLend says it may take days to recover from cyber incident  — Firm… Read More »EquiLend, which processes $2.4T of securities-lending transactions per month, goes down after a January 22 cyberattack and says restoration may take a few days (Bloomberg)

Alexander Martin / The Record: The UK NCSC releases an all-source intel assessment warning that ransomware attacks will increase in both volume and impact over the next two years due to AI  —  Ransomware attacks will increase in both volume… Read More »The UK NCSC releases an all-source intel assessment warning that ransomware attacks will increase in both volume and impact over the next two years due to AI (Alexander Martin/The Record)

Kate Knibbs / Wired: Originality AI: 88%+ of the top US news outlets now block AI companies’ web crawlers; leading right-wing outlets, like Breitbart and Newsmax, mostly permit them  —  Nearly 90 percent of top news outlets like The New… Read More »Originality AI: 88%+ of the top US news outlets now block AI companies’ web crawlers; leading right-wing outlets, like Breitbart and Newsmax, mostly permit them (Kate Knibbs/Wired)

Amanda Silberling / TechCrunch: BeReal plans to let brands and celebrities join, starting on February 6, and says the app now has 23M DAUs, up from 20M DAUs in August 2023  —  BeReal, a rising social media app that emphasizes… Read More »BeReal plans to let brands and celebrities join, starting on February 6, and says the app now has 23M DAUs, up from 20M DAUs in August 2023 (Amanda Silberling/TechCrunch)

Wall Street Journal: Sources: Apple plans to add new fees and restrictions after allowing app downloads outside the App Store in the EU, including reviewing apps downloaded by users  —  Meta, Spotify and other companies are weighing new options for… Read More »Sources: Apple plans to add new fees and restrictions after allowing app downloads outside the App Store in the EU, including reviewing apps downloaded by users (Wall Street Journal)

Eamon Farhat / Bloomberg: IAE: electricity used by data centers, crypto, and AI may more than double in the next three years; Irish data centers will use 32% of its electricity by 2026  —  – Cryptocurrency, AI to dominate demand,… Read More »IAE: electricity used by data centers, crypto, and AI may more than double in the next three years; Irish data centers will use 32% of its electricity by 2026 (Eamon Farhat/Bloomberg)

Matthew Ball / MatthewBall.co: A look at some long-term issues facing the gaming industry, including deep layoffs, weak revenue growth, and declining VC investments  —  To players and outside observers, 2023 looks like one of the 70-year-old gaming industry’s greatest-ever… Read More »A look at some long-term issues facing the gaming industry, including deep layoffs, weak revenue growth, and declining VC investments (Matthew Ball/MatthewBall.co)

Ariel Shapiro / The Verge: Ahead of the EU’s DMA, Spotify shares iOS app mockups with full in-app payments, rolling out in part on March 7; Apple has not yet shared details of DMA changes  —  For years, Apple’s App… Read More »Ahead of the EU’s DMA, Spotify shares iOS app mockups with full in-app payments, rolling out in part on March 7; Apple has not yet shared details of DMA changes (Ariel Shapiro/The Verge)

Bloomberg: Oppo and Nokia sign a patent cross-licensing deal, ending a years-long dispute, letting the Chinese smartphone maker sell in key European markets like Germany  —  – Patent cross-licensing agreement ends years-long dispute  — Chinese brand is the No.4 smartphone… Read More »Oppo and Nokia sign a patent cross-licensing deal, ending a years-long dispute, letting the Chinese smartphone maker sell in key European markets like Germany (Bloomberg)

Ingrid Lunden / TechCrunch: Stuttgart-based Instagrid, which uses software to boost its 20kg portable batteries, raised a $95M Series C led by TVG at a $400M to $500M post-money valuation  —  Energy supply is one of the bigger issues impacting… Read More »Stuttgart-based Instagrid, which uses software to boost its 20kg portable batteries, raised a $95M Series C led by TVG at a $400M to $500M post-money valuation (Ingrid Lunden/TechCrunch)