Ionut Ilascu / BleepingComputer:
Cloudflare says it stopped a month long DDoS campaign targeting orgs in financial services, internet, and telecommunications sectors, that peaked at 3.8Tbps — During a distributed denial-of-service campaign targeting organizations in the financial services, internet, and telecommunications sectors …
Coinbase says it will delist all unauthorized stablecoins, like Tether’s USDT, from its exchange in the EEA by 2024’s end, to comply with the EU’s MiCA rules (Emily Nicolle/Bloomberg)
Emily Nicolle / Bloomberg:
Coinbase says it will delist all unauthorized stablecoins, like Tether’s USDT, from its exchange in the EEA by 2024’s end, to comply with the EU’s MiCA rules — The European Union is set to fully implement new rules to oversee the crypto industry, known as MiCA, by the end of this year.
Meta launches a Gen Z-focused redesign of Facebook, including a Local tab in 10 US cities, an Explore tab, and a full-screen video player in the Video tab (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
Meta launches a Gen Z-focused redesign of Facebook, including a Local tab in 10 US cities, an Explore tab, and a full-screen video player in the Video tab — Facebook wants to woo more younger users to join its social network, instead of spending all their time on TikTok, Instagram, and other social apps.
Sources: Ubisoft’s founding Guillemot family and Tencent consider options including a buyout of Ubisoft after it lost 50%+ of value this year; UBI jumps 25%+ (Bloomberg)
Bloomberg:
Sources: Ubisoft’s founding Guillemot family and Tencent consider options including a buyout of Ubisoft after it lost 50%+ of value this year; UBI jumps 25%+ — – Deliberations come after fall in game developer’s share price — Tencent, Guillemot family hold minority stakes in French firm
Researchers say a Linux malware named “perfctl” has been targeting Linux servers to mine the hard-to-trace Monero cryptocurrency for at least three years (Bill Toulas/BleepingComputer)
Bill Toulas / BleepingComputer:
Researchers say a Linux malware named “perfctl” has been targeting Linux servers to mine the hard-to-trace Monero cryptocurrency for at least three years — A Linux malware named “perfctl” has been targeting Linux servers and workstations for at least three years …
Meta announces Movie Gen, a collection of AI models for generating realistic video and audioclips; Movie Gen Video has 30B parameters and Audio has 13B (Reece Rogers/Wired)
Reece Rogers / Wired:
Meta announces Movie Gen, a collection of AI models for generating realistic video and audioclips; Movie Gen Video has 30B parameters and Audio has 13B — The next frontier in generative AI is video—and with Movie Gen, Meta has now staked its claim. — Meta just announced …
Meta announces Movie Gen, which creates videos up to 16 seconds long based on a text prompt; Meta plans to make it available on its apps in 2025 (Kurt Wagner/Bloomberg)
Kurt Wagner / Bloomberg:
Meta announces Movie Gen, which creates videos up to 16 seconds long based on a text prompt; Meta plans to make it available on its apps in 2025 — Movie Gen tool can create short videos from a text prompt — Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool …
The CJEU rules that social networks, such as Facebook, cannot keep using people’s data for ad targeting indefinitely, siding with privacy campaigner Max Schrems (Natasha Lomas/TechCrunch)
Natasha Lomas / TechCrunch:
The CJEU rules that social networks, such as Facebook, cannot keep using people’s data for ad targeting indefinitely, siding with privacy campaigner Max Schrems — The European Union’s top court has sided with a privacy challenge to Meta’s data retention policies.
Robinhood plans to debut margin trading in UK in the coming weeks; it is exploring offering retirement products and letting British users invest in UK stocks (Bloomberg)
Bloomberg:
Robinhood plans to debut margin trading in UK in the coming weeks; it is exploring offering retirement products and letting British users invest in UK stocks — – Company plans to debut margin trading in UK in coming weeks — Robinhood has been expanding overseas as it hunts for growth
The CJEU sides with Max Schrems over his privacy dispute with Meta after an Austrian court asked CJEU if Facebook undermines GDPR with its use of data for ads (Foo Yun Chee/Reuters)
Foo Yun Chee / Reuters:
The CJEU sides with Max Schrems over his privacy dispute with Meta after an Austrian court asked CJEU if Facebook undermines GDPR with its use of data for ads — Europe’s top court on Friday sided with Austrian privacy activist Max Schrems in his privacy dispute with Meta Platforms (META.O).
