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Wormhole, a Jump Crypto messaging protocol that lets developers communicate across blockchains, raised $225M at a $2.5B valuation, 2023's largest crypto raise (Ben Weiss/Fortune) 29-11-2023

Ben Weiss / Fortune: Wormhole, a Jump Crypto messaging protocol that lets developers communicate across blockchains, raised $225M at a $2.5B valuation, 2023’s largest crypto raise  —  In a parched fundraising landscape, the team behind Wormhole, the messaging protocol that lets developers communicate across different blockchains … Lees verder op Tech Meme

After the mass layoffs in late 2022 and early 2023, Amazon, Google, Microsoft, and Meta continue to make small employee cuts to keep tight control on costs (Wall Street Journal) 29-11-2023

Wall Street Journal: After the mass layoffs in late 2022 and early 2023, Amazon, Google, Microsoft, and Meta continue to make small employee cuts to keep tight control on costs  —  Amazon, Google, Microsoft and Meta are making strategic trims even as they rebound from the tech downturn Lees verder op Tech Meme

Google DeepMind uses GNoME to find 2.2M crystal structures, over 45x more than all such substances ever found, and plans to make 381K available to scientists (Michael Peel/Financial Times) 29-11-2023

Michael Peel / Financial Times: Google DeepMind uses GNoME to find 2.2M crystal structures, over 45x more than all such substances ever found, and plans to make 381K available to scientists  —  Work shows power of AI to improve real-world technology in fields from renewable energy to advanced computation Lees verder op Tech Meme

Elliptic and Corvus Insurance: the “Black Basta” ransomware group, suspected of being a Conti offshoot, has extorted at least $107M in bitcoin since early 2022 (Raphael Satter/Reuters) 29-11-2023

Raphael Satter / Reuters: Elliptic and Corvus Insurance: the “Black Basta” ransomware group, suspected of being a Conti offshoot, has extorted at least $107M in bitcoin since early 2022  —  A cyber extortion gang suspected of being an offshoot of the notorious Russian Conti group of hackers has raked … Lees verder op Tech Meme

The US sanctions Sinbad, a crypto mixer allegedly used by North Korean Lazarus hackers, and seizes its service in an international law enforcement operation (Lawrence Abrams/BleepingComputer) 29-11-2023

Lawrence Abrams / BleepingComputer: The US sanctions Sinbad, a crypto mixer allegedly used by North Korean Lazarus hackers, and seizes its service in an international law enforcement operation  —  The U.S. Department of the Treasury has sanctioned the Sinbad cryptocurrency mixing service for its use as a money-laundering tool by the North Korean Lazarus hacking group. Lees verder op Tech Meme

Sources: Google and Canada have reached an agreement in their dispute over the Online News Act; source: Google will pay news companies around $100M per year (CBC News) 29-11-2023

CBC News: Sources: Google and Canada have reached an agreement in their dispute over the Online News Act; source: Google will pay news companies around $100M per year  —  Agreement comes 3 weeks before Online News Act rules come into force  —  Google and the federal government have reached an agreement … Lees verder op Tech Meme