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Munich-based Helsing, which makes software for European armies, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, implying a €1.5B valuation (Financial Times) 14-09-2023

Financial Times: Munich-based Helsing, which makes software for European armies, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, implying a €1.5B valuation  —  €209mn deal is latest example of sector defying VC downturn amid Ukraine war, and rising tensions between China and west Lees verder op Tech Meme

Unity cancels a town hall and closes two offices after receiving what the company says was a credible death threat, following its controversial install fee news (Jason Schreier/Bloomberg) 14-09-2023

Jason Schreier / Bloomberg: Unity cancels a town hall and closes two offices after receiving what the company says was a credible death threat, following its controversial install fee news  —  Management announced a controversial pricing decision two days ago  —  Unity Technologies Inc. canceled a planned town hall … Lees verder op Tech Meme

Arm opens up 10% to ~$56 in its Nasdaq debut, valuing the company at $59.9B, after Arm priced shares at the upper end of its expected $47 to $51 range (CNBC) 14-09-2023

CNBC: Arm opens up 10% to ~$56 in its Nasdaq debut, valuing the company at $59.9B, after Arm priced shares at the upper end of its expected $47 to $51 range  —  – Arm Holdings has started trading on the Nasdaq under the ticker “ARM.”  — The chip design company is valued at a steep premium relative … Lees verder op Tech Meme

MGM was likely hacked by Scattered Spider, an English-speaking group that previously used help desk calls to get passwords and planned to hack the slot machines (Mehul Srivastava/Financial Times) 14-09-2023

Mehul Srivastava / Financial Times: MGM was likely hacked by Scattered Spider, an English-speaking group that previously used help desk calls to get passwords and planned to hack the slot machines  —  Person claiming to represent cybercriminals explains techniques used to evade detection by casino resort company Lees verder op Tech Meme

Greater Manchester Police confirms a ransomware attack on its ID supplier, potentially exposing officer identities, one month after a breach in Northern Ireland (BBC) 14-09-2023

BBC: Greater Manchester Police confirms a ransomware attack on its ID supplier, potentially exposing officer identities, one month after a breach in Northern Ireland  —  Police officers’ personal details have been hacked after a company was targeted in a cyber attack. Lees verder op Tech Meme

Automattic releases ActivityPub 1.0.0 for WordPress, letting fediverse users follow WordPress blogs on apps like Mastodon and receive replies as blog comments (Sarah Perez/TechCrunch) 14-09-2023

Sarah Perez / TechCrunch: Automattic releases ActivityPub 1.0.0 for WordPress, letting fediverse users follow WordPress blogs on apps like Mastodon and receive replies as blog comments  —  In March, WordPress.com owner Automattic made a commitment to the fediverse — the decentralized social networks that include … Lees verder op Tech Meme