Tech Meme

Zack Whittaker / TechCrunch: Poland-based Android phone monitoring app LetMeSpy plans to shut down by August end after a hacker who breached it in June deleted the data on its servers  —  Poland-based spyware LetMeSpy is no longer operational and said it will shut down after a June data breach wiped out its servers … Lees verder op Tech Meme

Bloomberg: How members of the Community, a group of teenage SIM swappers who met on the forum OGUsers, stole millions in crypto in 2018 before turning on each other  —  Michael Terpin lost a fortune to a phone “SIM swap.”  When he went to war to get it back, he found some surprising allies. Lees verder op Tech Meme

Nilesh Christopher / Rest of World: Some artists say AI tools have made them anxious about the YouTube thumbnail microeconomy’s future; creators like MrBeast pay up to $10K for a video thumbnail  —  Creators like MrBeast pay up to $10,000 for a single YouTube video thumbnail, but the rise of AI tools have some designers anxious about the microeconomy’s future. Lees verder op Tech Meme

Tiffany Hsu / New York Times: People have little protection or recourse when hallucinating AI chatbots create and spread falsehoods that threaten their reputations  —  People have little protection or recourse when the technology creates and spreads falsehoods about them.  —  Marietje Schaake’s résumé … Lees verder op Tech Meme

Jonathan Stempel / Reuters: A US court rules former Celsius CEO Alex Mashinsky must face a lawsuit by NY AG Letitia James accusing him of defrauding investors and concealing Celsius’ risks  —  Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, must face a lawsuit … Lees verder op Tech Meme

The Economic Times: Zomato reports Q1 revenue up 71% YoY to ~$292.2M and its first-ever consolidated quarterly net profit at ~$241.9K, vs. a loss of ~$23.4M in the year-ago quarter  —  On August 3, Zomato reported its first-ever consolidated quarterly net profit at Rs 2 crore, on the back of higher order frequency … Lees verder op Tech Meme

Richard Lawler / The Verge: X delays its ads revenue sharing program payouts that were set for the week of July 31, saying the volume of people signing up “has exceeded our expectations”  —  In news that isn’t very surprising given the recent history of Twitter, which Elon Musk is currently rebranding to X … Lees verder op Tech Meme

The Economic Times: Zomato reports Q1 revenue up 71% YoY to ~$292.2M and its first-ever consolidated quarterly net profit at ~$241.9K, vs. a loss of ~$2.34M in the year-ago quarter  —  On August 3, Zomato reported its first-ever consolidated quarterly net profit at Rs 2 crore, on the back of higher order frequency … Lees verder op Tech Meme

Michael Kan / PCMag: X took control of the @music account from a man who had been using it since 2007, without advanced warning or compensation; his new account handle is @musicfan  —  After seizing the @X account, Twitter has taken over the @music handle from an Ohio man who had been using it for over 16 years. Lees verder op Tech Meme

Jonathan Greig / The Record: Microsoft says it has fixed an Azure flaw that could let hackers access sensitive data, following criticism from the CEO of cybersecurity company Tenable  —  Microsoft has resolved a vulnerability that allows threat actors to gain access to information managed by Azure AD … Lees verder op Tech Meme