In ways various and sundry, blockchain technology is quietly thriving, even as regulators everywhere tighten their grip on the Wild West of cryptocurrencies.
Why it matters: In the wake of FTX’s collapse and a gradual rebound from the crypto winter’s darkest days, the formerly freewheeling market is in transition as regulators grapple with how to protect investors.
An often-overlooked cybercrime tactic is getting more sophisticated and growing in popularity among criminal gangs, Microsoft warned in a report released Friday.
Why it matters:Business email compromise — where a criminal poses as someone a victim regularly interacts with in their daily lives to lure them into sending money or confidential information — remains one of the most lucrative tactics for cybercriminals.
Law enforcement has set its sights on criminal marketplaces like Genesis Market over the last year as ransomware gangs have increased their reliance on stolen login credentials and malware-as-a-service to launch their attacks.
The big picture: Genesis stood out to law enforcement because it facilitated sales of stolen passwords, as well as access to bot computers already infected with so-called infostealer malware, which could be used to steal a victim’s information.
Jeff Jordan is stepping back from making new investments at Andreessen Horowitz, nearly a dozen years after joining the venture capital firm and leading such deals as Airbnb, Fanatics, Instacart and Pinterest.
The big picture: It's kind of surprising that Jordan lasted this long at one place, given his penchant for trying on new hats.
The U.S., Japan and U.K. have announced major chip and quantum computing investments ahead of this weekend's G-7 leaders summit in Hiroshima, Japan.
Why it matters: These investments accelerate the tech decoupling between democracies and China and consolidate America's pivot to active industrial policy for the first time since World War II.
Several of the largest tech firms have remained among Twitter's top advertisers this year — including Apple, Amazon and IBM — despite the rise in hate speech on the service as well as a wide range of incendiary tweets from owner Elon Musk.
Why it matters: Musk's project to remake Twitter into what he calls a free-speech zone, and what critics see as an increasingly toxic environment, will prosper or fail depending on the choices both advertisers and users make to stay or go.
Five TikTok creators are suing Montana's attorney general over plans to impose a statewide ban on the popular Chinese-owned social media platform due to security concerns.
Why it matters:The lawsuit argues that the ban that would prohibit Montana residents from using the app infringes on First Amendment rights and is "unconstitutional and preempted by federal law."
