Tech Meme

Ingrid Lunden / TechCrunch: Check Point buys rival cybersecurity company Perimeter 81 for $490M in a “cash free, debt free” deal; Perimeter 81 raised $100M at a $1B valuation in June 2022  —  There is yet more M&A coming out of the security industry.  In the latest development, Check Point … Lees verder op Tech Meme

Allison Johnson / The Verge: Samsung Galaxy Z Fold 5 review: powerful multitasking, new hinge folds flat, and good support, but still pricey, heavy, and clunky, with unknown durability  —  Samsung’s head start in foldables is paying off, but it’ll have to do more next time around to stay in front. Lees verder op Tech Meme

Dana Mattioli / Wall Street Journal: Sources: Amazon cuts dozens of in-house brands in clothing, furniture, and more to placate regulators and grow profits; Amazon says Basics will remain a focus  —  Company’s cuts include all but three of its 30 clothing labels, such as Goodthreads and Lark & Ro Lees verder op Tech Meme

Hannah Murphy / Financial Times: X CEO Linda Yaccarino reinstates the company’s “client council”, an invite-only group of marketing and ad executives whose members have not yet been decided  —  New CEO tries to mend fences with brands after Elon Musk took over platform formerly known as Twitter Lees verder op Tech Meme

Sheila Chiang / CNBC: SMIC reports Q2 revenue down 18% YoY to $1.9B and net income dropped 21.7% YoY to $402.76M, weighed down by US sanctions and slow global chip supply demand  —  – SMCIC posted a drop in second-quarter revenue amid ongoing U.S. sanctions and a sluggish recovery in global chip demand. Lees verder op Tech Meme

Justine Calma / The Verge: Google, American Airlines, and Bill Gates’ Breakthrough Energy partner to create more sustainable flight routes by avoiding those that create contrails  —  Google has been working with American Airlines and Bill Gates’ climate investment fund, Breakthrough Energy, to chart more sustainable flight routes. Lees verder op Tech Meme

Suvashree Ghosh / Bloomberg: Filing: FTX criticizes “unrestricted” traders and market makers on its creditor panel, accusing them of seeking control of assets and “unprofessional conduct”  —  – Spat erupts between FTX’s administrators and creditor panel  — Administrators say panel may be willing to ‘gamble’ assets Lees verder op Tech Meme

Financial Times: The EU did not immediately follow Biden’s EO banning Chinese tech investment outright and instead plans to release its own proposals by year-end  —  Brussels unwilling to follow suit straight away and says it will issue its own proposals by year-end  —  The EU has signalled … Lees verder op Tech Meme

Lorenzo Franceschi-Bicchierai / TechCrunch: Researchers: since 2014, Belarus-linked hackers, dubbed MoustachedBouncer, have targeted foreign diplomats in the country by intercepting ISP connections  —  Hackers with apparent links to the Belarusian government have been targeting foreign diplomats in the country for nearly 10 years, according to security researchers. Lees verder op Tech Meme

Andy Greenberg / Wired: Researchers at Black Hat detail a months-long investigation into Deckmate, the most widely used casino shuffling machine, finding a flaw to give “full control”  —  Security researchers accessed an internal camera inside the Deckmate 2 shuffler to learn the exact deck order—and the hand of every player at a poker table. Lees verder op Tech Meme