Shares of major telecoms reacted after a Bloomberg report suggested Amazon is talking to the wireless carriers about entering the mobile market as a reseller to boost Prime membership perks.
What they're saying: "We are always exploring adding even more benefits for Prime members, but don’t have plans to add wireless at this time," Bradley Mattinger, an Amazon spokesperson, tells Axios in a statement.
Russia's top security agency is accusing the U.S. of hacking thousands of iPhones as part of an espionage campaign.
What's happening: Russia's Federal Security Service (FSB) claimed on Thursday that the U.S. intelligence community had created a backdoor into Apple's iPhones.
Progress Software Corp. is warning of a critical software vulnerability in its popular file-transfer software that could give malicious actors unauthorized access to customers' networks.
Why it matters: Roughly 2,500 instances of Progress's MOVEit file-transfer tool are believed to be running online, and malicious hackers are already exploiting the newly discovered security flaw in it.
In a reversal of its election integrity policy, YouTube will leave up content that says fraud, errors or glitches occurred in the 2020 presidential election and other U.S. elections, the company confirmed to Axios Friday.
Why it matters: YouTube established the policy in December 2020, after enough states had certified the 2020 election results. Now, the company said in a statement, leaving the policy in place may have the effect of "curtailing political speech without meaningfully reducing the risk of violence or other real-world harm."
Insurers are leaning more on security vendors to make sense of what they need to know about cybersecurity programs before approving new customers' policy applications.
Why it matters: Insurance providers have been scrambling to keep up with rapid changes in the threat landscape, such as increased ransomware attacks and nation-state activity, to make sure their policies are keeping pace.
One of the ways that blockchain networks promise to work differently than technology as we know it is by offering composability. But what is it?
Why it matters: Composability is one of those things that opens up surprising new applications. What kind of applications? Well it's hard to say because they're... surprising.
Staking ether in order to secure the second largest blockchain (and earn yield) had its best month ever in May.
Why it matters: This result makes it clear that the world wanted to invest more in ether, but the fact that investors couldn't withdraw those investments at will was holding them back.
The Supreme Court on Thursday ruled unanimously in favor of Slack, in its appeal of a shareholder lawsuit over the enterprise chat company's 2019 direct listing.
Why it matters: This raises major questions about the future viability of direct listings, which some companies believe are a more efficient alternative to IPOs.
Apple is used to hogging the tech spotlight any time it has a major announcement — and its widely expected unveiling of a mixed reality headset on Monday would normally do just that.
Yes, but: The long-awaited new product is arriving at a moment of industry frenzy over AI that's putting Apple in the awkward position of trying to change the subject.
Twitter head of trust and safety Ella Irwin resigned Thursday evening, per multiple sources, after owner Elon Musk publicly rebuked his own staff over a content moderation decision.
Catch up quick: Twitter staff had decided that a video titled "What is a Woman?" by the Daily Wire's Matt Walsh, a far-right personality who often attacks transgender people, violated the platform's hate-speech rules.
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