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The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; the company says BlackCat's claims relate to a February 5 attack (Carly Page/TechCrunch) 19-06-2023

Carly Page / TechCrunch: The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; the company says BlackCat’s claims relate to a February 5 attack  —  Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand – and reverses its controversial API price hikes. Lees verder op Tech Meme

Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project (Bloomberg) 19-06-2023

Bloomberg: Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion … Lees verder op Tech Meme

UK MPs, consumer groups, and banks pressure Meta over not preventing fraud on Facebook, Instagram, and WhatsApp, estimated to cost UK households £250M in 2023 (The Guardian) 19-06-2023

The Guardian: UK MPs, consumer groups, and banks pressure Meta over not preventing fraud on Facebook, Instagram, and WhatsApp, estimated to cost UK households £250M in 2023  —  Exclusive: Calls for Meta to curb rise in scams on its platforms, which will cost UK households £250m this year Lees verder op Tech Meme